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EDI 879: Price Information

EDI 879 Definition

The EDI 879 transaction set is used to communicate price information, including price changes, updates, or confirmations, between trading partners. This document is crucial for suppliers and buyers in various industries to ensure that both parties have up-to-date pricing information. It can be used to notify a trading partner of new prices, changes to existing prices, or to confirm prices that were previously negotiated or quoted.

What is EDI 879 Used for?

Suppliers use the EDI 879 to communicate price information to their customers, ensuring that buyers have the latest pricing data for ordering and procurement processes. Buyers can use this information to update their purchasing systems, negotiate prices, or make informed buying decisions based on current price levels.

Key Elements of EDI 879

An EDI 879 document typically includes key elements to effectively convey price information:

Benefits of EDI 879

Utilizing the EDI 879 document offers several advantages:

EDI 879 Document Example

Here’s a simplified example of what an EDI 879 might look like in raw data format:

ST*879*0001

G93*20241130*20241231

LIN*1*VP*1001*PD*Widget A

CTP*WH*USD*10.00*1*CA

LIN*2*VP*1002*PD*Widget B

CTP*WH*USD*15.00*1*CA

CTT*2

SE*7*0001

Guide to EDI 879 Terms and Elements:

This example is designed to give a basic understanding of how an EDI 879 document might look, including the types of information it conveys. Remember, the actual implementation might vary based on specific business needs and partnerships.

Enhance Your Price Information Acknowledgment with Comparatio

Ready to improve your price management and communication with EDI 879? Contact Comparatio today to discover how our EDI solutions can streamline your process for acknowledging price information, ensure accuracy in pricing adjustments, and enhance collaboration with trading partners for more effective price strategy implementation.

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