This X12 Transaction Set contains the format and establishes the data contents of the Pricing History Transaction Set (503) for use within the context of an Electronic Data Interchange (EDI) environment. This bi-directional transaction set can be used by a purchasing party or vendor to request pricing history information for an item. The transaction set can also be used to respond to a request for pricing history information.

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What Can EDI Do For Your Ordering Process?

ASPECTS OF SALES ORDERS IMPROVED BY EDI ACCURACY - 97%       PRODUCTIVITY - 92%       RESPONSE/CYCLE TIMES - 81%       SALES ACROSS COMPANY BORDERS - 75%       ABILITY TO TRACK/TRACE GOODS - 67%	ASPECTS OF PURCHASE ORDERS IMPROVED BY EDI ACCURACY - 91%       PRODUCTIVITY - 77%       RESPONSE/CYCLE TIMES - 74%       SALES ACROSS COMPANY BORDERS - 65%       ABILITY TO TRACK/TRACE GOODS - 74%
* Supply Chain Insights, LLC; B2B Study, June-September 2013. Survey of Manufacturers, Retailers, Distributors & others currently using EDI.

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