INTRODUCTION OF EDI MAY REDUCE TRANSPORT DOCUMENTS BY 40% IN DOMESTIC AND INTERNATIONAL TRADE - A CASE STUDY OF FINLAND

Transport as a part of trade involves a great number of documents and data transmissions between various parties. When at present a trade transaction comprises 26-34 basic documents, transport comprises 38 -- 42 per cent of these or 10-13 basic documents on the average. The number of documents in transport and in trade depends on the type of trade, i.e. whether the transaction takes place in domestic trade in Finland, in intra-EU trade or in foreign trade between Finland and third countries. A trade transaction includes many more than the main parties (buyer, seller and carrier), normally 20-27 parties per transaction. It covers physical material, money and information flows, activities and action-related processes as well as documents transferred between parties in each type of trade. Furthermore, because EDI (Electronic Data Interchange) is coming into transport and trade, the EDIFACT messages which may be used to replace documents are listed. Finally, possibilities of avoiding overlapping documents are mapped out. Savings in amount of transport documents caused by EDI may be 40 per cent in domestic trade and about 46 per cent in intra-EU trade and 38 per cent in foreign trade. EDI causes more savings in transport than in trade on the average. For the covering abstract see IRRD E102946.

Language

  • English

Subject/Index Terms

Filing Info

  • Accession Number: 00788214
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 89-950073-2-X
  • Files: ITRD
  • Created Date: Mar 3 2000 12:00AM