Your SlideShare is downloading. ×
  • Like
  • Save
E business edi_vads
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

E business edi_vads

  • 323 views
Published

 

Published in Business , Economy & Finance
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads

Views

Total Views
323
On SlideShare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
0
Comments
0
Likes
1

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. EDIValue Added Data Services (VADS) & Value Added Networks (VAN)
  • 2. Value Added Data Services• VADS provides “Time Independence” and “Protocol Independence”• It provides number of facilities but the main thing is “Postboxes” and “Mailboxes”• It is POST and FORWARD network
  • 3. VADS• Postbox – Where outgoing messages are placed• Mailboxes – Where incoming messages are picked up.• It is also referred as “Store and Forward” system
  • 4. VADSCustomer Supplier Postbox PostboxCustomer 1 Mailbox Supplier 1 Mailbox Postbox PostboxCustomer 2 Mailbox Mailbox Supplier 2 Postbox Postbox Mailbox Supplier 3Customer 3 Mailbox Postbox Mailbox Supplier 4
  • 5. VADS – How it works• Establish connection to VADS system• Send EDI message to postbox (selling)• VADS inspects postbox, unpacks the message, moves it to related recipients mailbox• VADS carries frequent inspection of postboxes• Supplier inspects the mailboxes and transmits valid orders to their order processing system
  • 6. Advantages of VADS• Large trading Community• Inter-network Connections• International Connections• Privacy, Security & Reliability• Message storage and logging• Charges – Subscription – Usage Charges
  • 7. EDI Technical Set-up Trading EDI Interchange Agreement Trading Partner Partner App. App. System SystemEDI S/w and VADS EDI S/w and standards standards
  • 8. EDI Security• Interchange of message is reliable• All the data received on EDI machine is passed and processed• EDI software is run on separate machine• Protection against tampering• Privacy of message• Validation of message delivery
  • 9. Example• SGN – 2,500 financial Institutes – 2,000 asset managers – 650 investment issuers – 500 brokers – 110 markets – 30 trading hubs
  • 10. Additional Services• Automated trade routing• Worldwide order routing• Transaction Security• Integration Services• Market data and research• Cash management
  • 11. EDI TransactionCustomer Supplier----------------------------------------------------------------Presales ContractExecution Order Delivery NoteSettlement Invoice PaymentAfter Sales Maintenance