2005
DOI: 10.4018/jeis.2005070104
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Methodologies for Evaluating Investment in Electronic Data Interchange

Abstract: Reluctance of organizations to invest in electronic data interchange (EDI, Internet-based EDI, and XML/EDI) is largely due to their inability to assess the return on these investments. We identify prescriptive and evaluative methodologies for analyzing investment in EDI: non-financial methods, purely financial methods, and financial and strategic consideration methods. We also show how computer simulation can be used as a tool for assessing EDI. Evaluating the benefits resulting from EDI implementation was ill… Show more

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Cited by 3 publications
(2 citation statements)
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References 32 publications
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“…Reluctance of organizations to invest in electronic data interchange (EDI, Internet-based EDI, and XML/EDI) is largely due to their inability to assess the return on these investments. Truong (2005) identified prescriptive and evaluative methodologies for analyzing investment in EDI: non-financial methods, purely financial methods, and financial and strategic consideration methods. Janev et al (2009) discussed the challenges of expertise data integration and expert finding in modern organizations using an illustrative case study of a concrete research-intensive establishment, the Mihajlo Pupin Institute (MPI).…”
Section: Introductionmentioning
confidence: 99%
“…Reluctance of organizations to invest in electronic data interchange (EDI, Internet-based EDI, and XML/EDI) is largely due to their inability to assess the return on these investments. Truong (2005) identified prescriptive and evaluative methodologies for analyzing investment in EDI: non-financial methods, purely financial methods, and financial and strategic consideration methods. Janev et al (2009) discussed the challenges of expertise data integration and expert finding in modern organizations using an illustrative case study of a concrete research-intensive establishment, the Mihajlo Pupin Institute (MPI).…”
Section: Introductionmentioning
confidence: 99%
“…Relatively few studies take a deep insight into IOS adoption cost. Some close researches concern about evaluating the investment and value of EDI instead of IOS [7] [8].…”
Section: Introductionmentioning
confidence: 99%