ERP vendors are making their way into the retail market by bundling, acquiring point solutions or partnering strategically to embed retail-specific functions within their suites. Like in all other enterprise applications markets, eventually, albeit not any time soon, the retail market too will come to a showdown between the pure retail vendors and the enterprise application vendors (e.g., Oracle, SAP, Lawson, PeopleSoft, SSA Global, Geac, Intentia, etc.), which have been striving to natively embed more retail-specific capability into their products.
item specific rate
recently, the global trade item number (GTIN) has been established. EDI is a standard data format for electronic data communication between businesses such as retailers and suppliers, whereby documents in EDI-standard format can be sent over a proprietary value added network (VAN) or over the Internet. A sort of an irony here might be that, since EDI has earned the reputation as a complex, rigid, and expensive means of business document and data exchange among trading partners, one would expect it to be