Franklin Inc. is a medium-size manufacturer of toys that makes 25% of its sales to Mega Company, a major national discount retailing firm. Mega will be requiring Franklin and other suppliers to use Electronic Data Interchange (EDI) for inventory replenishment and trade payment transactions as opposed to the paper-based systems previously used. Franklin would consider all of the following to be advantages of using EDI in its dealings with Mega except

 

A. Compatibility with Franklin's other procedures and systems.

B. Better status tracking of deliveries and payments.

C. Access to Mega's inventory balances of Franklin's products.

D. Reduction in the payment float.

Answer rating: 100% (QA)

ANS WER D Reduction in the payment float EX PL AN ATION ED I stands for electronic ... View the full answer