Product Transfer and Resale Report

What is the Purpose of The EDI 867 - Product Transfer and Resale Report?

The EDI 867 tracks a product's status through various stages of its lifecycle, documenting sales data, movement between locations, and return information. This allows buyers to provide sellers with real-time product performance data instead of periodic reports.

What are the important elements of The EDI 867 - Product Transfer and Resale Report?

The EDI 867 (Product Transfer and Resale Report) is a standardized electronic document used to report product transfer and resale information. Here are the key elements: 1. Header Information: - Report Reference Number - Report Date/Time - Transaction Type Code - Reporting Period - Purpose Code - Currency Code - Activity Type 2. Partner Information: - Reporting Party (name, ID, address) - Manufacturer Information - Distributor Information - Retailer Information - Additional Trading Partner IDs 3. Product Activity Details: - Product Identifiers - Item Descriptions - Transfer Quantities - Resale Quantities - Unit of Measure - Location Information - Activity Date - Transaction Type 4. Sales Information: - Sales Quantities - Sales Prices - Promotional Sales - Regular Sales - Returns - Adjustments - Net Sales 5. Inventory Information: - Beginning Inventory - Ending Inventory - Transfer In/Out - Stock Adjustments - Location Transfers - Warehouse Movement 6. Price Information: - Selling Price - Cost Information - Price Adjustments - Discount Information - Promotional Pricing - Market Price 7. Reference Numbers: - Purchase Order Numbers - Invoice Numbers - Contract Numbers - Promotion Numbers - Store Numbers - Territory Codes 8. Additional Elements: - Market Information - Geographic Data - Customer Demographics - Promotional Activities - Competition Information - Channel Information 9. Control Segments: - Transaction Set Control Numbers - Segment Counts - Hash Totals - Control Totals The EDI 867 is crucial for tracking product movement and sales performance through distribution channels.

What are the potential issues with The EDI 867 - Product Transfer and Resale Report?

Here are the potential issues that can occur with EDI 867 (Product Transfer and Resale Report) transmissions: 1. Sales Data Problems: - Incorrect sales quantities - Wrong sales prices - Invalid promotional sales data - Missing returns information - Wrong net sales calculations - Incorrect adjustments - Invalid transaction types 2. Product Information Issues: - Wrong product identifiers - Invalid item descriptions - Missing product categories - Incorrect UPC/EAN codes - Wrong pack sizes - Invalid unit of measure - Missing brand information 3. Inventory Information Problems: - Incorrect beginning inventory - Wrong ending inventory - Invalid transfer quantities - Missing stock adjustments - Wrong warehouse movements - Invalid location transfers - Missing inventory levels 4. Price Information Issues: - Wrong selling prices - Invalid cost information - Missing price adjustments - Incorrect discount details - Wrong promotional pricing - Invalid market prices - Missing price changes 5. Reference Number Problems: - Missing purchase order numbers - Invalid invoice references - Wrong contract numbers - Incorrect promotion numbers - Missing store numbers - Wrong territory codes - Invalid batch numbers 6. Format and Structure Issues: - Missing mandatory segments - Invalid segment sequence - Wrong element usage - Incorrect qualifiers - Version/release mismatches - Character set problems - Wrong hierarchical structure 7. Market Information Problems: - Wrong market segmentation - Invalid geographic data - Missing customer demographics - Incorrect channel information - Wrong competitive data - Invalid territory information - Missing market analysis 8. System Integration Challenges: - POS system incompatibilities - ERP integration problems - Translation errors - Interface failures - Database synchronization - Data transformation errors - Mapping discrepancies 9. Timing and Period Issues: - Wrong reporting periods - Invalid transaction dates - Missing cutoff dates - Incorrect posting periods - Wrong effective dates - Invalid summary periods - Missing date ranges These issues can impact sales reporting accuracy and inventory tracking, requiring careful validation and error handling procedures.