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Electronic Commerce Glossary

ANSI

American National Standards Institute
A non-governmental organization that manages the formation of voluntary national standards, including those for EDI

ASC X12

Accredited Standards Committee X12
A committee responsible for writing generic EDI standards

eServices Center
eServices Center allows customers to service their own information and transactional needs directly from Baxter.com. Specifically, they have the ability to acquire products, information and services directly from Baxter via the internet without phoning or faxing in their request.
ebXML

Electronic Business Extensible Markup Language
A modular suite of specifications that gives businesses of any size the ability to conduct business over the internet. It is a standard method to exchange business messages, conduct trading relationships, communicate data in common terms and define and register business processes.

eCommerce

Electronic Commerce
Electronic Commerce is doing business electronically. This includes the sharing of standardised unstructured or structured business information by any electronic means.

EDI

Electronic Data Interchange
The computer-to-computer exchange of business information among trading partners using commonly accepted standards.

EFT

Electronic Funds Transfer
A system that enables the transfer of electronic payments, excluding remittance information, among trading partners and financial institutions. Direct deposit of employee paychecks into their bank accounts is one example of the use of EFT.

I-Commerce

Internet Commerce
Internet Commerce is doing business electronically using a web browser to transfer B2B or B2C data.

Transaction

Transaction Sets for EDI


810 Invoice
820 Payments
832 Sales/Price Catalog 
850 Purchase Order
855 Purchase Order acknowledgment

VLX

VLX Standard File Format
The VLX file upload was designed for customers who have the capability of generating a fixed file format. The file format is identified with certain criteria setup within the customers Material Management System (ERP). The option of upload allows the customer to submit a purchase order import file in a timely manner, instead of having to provide the information over the telephone.

XML

Extensible Markup Language
Is a simplified subset of the Standard Generalized Markup Language (SGML) which provides a file format for representing data, a schema for describing data structure, and a mechanism for extending and annotating Hypertext Markup Language (HTML) with semantic information.

 
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