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EDI 883 Market Development Fund Allocation

November 29th, 2018

What is an EDI 883 Market Development Fund Allocation?

EDI 883 transaction set is used by a manufacturer to provide for established business, customary and industry practices imperative to keeping a broker or wholesaler/retailer aware of how the funds should be allocated in the market development program.

The data contents and format of 883 Market Development Fund Allocation are used for the electronic interchange of information. It is divided into various segments and data elements.

Workflow for the Exchange of an EDI 883 Market Development Fund Allocation

EDI 883 falls under the category of X12M Supply Chain transaction set. This transaction set provides established business, customary and industry practices to a broker or wholesaler/retailer about how the funds should be allotted in the market development program.

Stay EDI Compliant with EDI Connect

EDIConnect is designed to handle EDI X12 and EDIFACT transaction sets. EDIConnect, bundled with its built-in parser, validator, and transaction builder, makes the process of sending and receiving EDI messages quick and easy. It also enables businesses and trade partners to communicate seamlessly and achieve EDI compliance.

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