EDI 879 Price Information

EDI 879 ensures accurate and consistent pricing throughout the supply chain, improving profitability and reducing errors. In this guide, you'll learn about EDI 879 transaction sets.

What is an EDI 879?

The EDI 879 transaction set, also known as the Price Information document, is used for communicating pricing details between trading partners. Here’s a breakdown of its key aspects:

• Price Updates: Suppliers send EDI 879 to buyers to communicate new or updated product prices.
• Price Information: The EDI 879 contains detailed pricing information, including base prices, discounts, and pricing conditions.
• Price Management: Buyers use the EDI 879 to update their pricing systems and ensure accurate pricing for sales and purchasing activities.

What are the Key Elements of EDI 879?

The EDI 879 Price Information, typically includes the following essential components.

• Product Information: Item numbers, descriptions, and UPC codes.
• Price Information: Base prices, discounts, allowances, and pricing conditions.
• Effective Dates: Start and end dates for the price information.
• Geographical Pricing: Pricing information for specific geographic regions.

How is EDI 879 Price Information used?

EDI 879 facilitates the exchange of pricing details between trading partners. When a manufacturer, supplier, broker, or agent needs to update a retailer or reseller with new or adjusted product prices, they create an EDI 879 transaction.

This document is structured to include essential information such as product identifiers, price types, and effective dates. The EDI 879 is transmitted electronically through an EDI network, eliminating the need for paper-based communication and reducing the risk of errors. Upon receipt, the buyer can integrate this pricing information into their systems, ensuring that they have the most current prices for accurate decision-making and order processing.

Benefits of EDI 879

Accurate pricing information is crucial for both vendors and retailers:

• Vendor perspective: Timely price updates prevent disputes, payment delays, and maintain positive business relationships.
• Retailer perspective: Correct pricing information ensures profitability, prevents pricing errors, and maintains customer satisfaction.

Both parties benefit significantly from the efficient and accurate exchange of pricing data facilitated by EDI 879.

EDI 879 Format

This is a simplified example to illustrate the basic structure of an EDI 879.

Example of EDI 879 Structure:

ST*879*0001*000001

BGN*879*SUPPLIER123*20230405

DTM*003*20230405

REF*ZZ*PRICEUPDATE123

LIN*1*UPC123456789012*10.99

CTP*1*PR*EA

SE*1*000000001

Explanation of the Segments:

ST: Start of transaction set

BGN: Beginning of message

DTM: Date/time reference

REF: Reference identification

LIN: Item information

CTP: Pricing information

SE: End of transaction set

Key Information:

Price update date: 2023-04-05

Product: UPC 123456789012

Price: $10.99 per unit (EA)

This is a very basic example. Actual EDI 879 documents can include additional segments for product descriptions, price breaks, discounts, effective dates, and other pricing details.

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