What is an EDI 867 Product Transfer and Resale Report?
One of the ANSI X12 transaction sets, EDI 867 is an electronic version of the Product Transfer and Resale Report that is used to convey information regarding a product in the following circumstances:
- Transfer of a product from one location to another
- Sales from one or more locations to the point of sales
- Returns from customers to a retail location
An EDI 867 document has the following key data elements:
- Identification information
- Product transfer or resale details such as the quantity, type codes, and purchase orders
- The total amount of the transaction concerning the items’ weight and other units of measure
EDI 867 Product Transfer and Resale Report Sample
An EDI 867 Product Transfer and Resale Report document is divided into functional groups that explain the transaction being conducted. A typical EDI 867 document looks like this:
N1*DB*M&D of Shreveport*21*BZQ521P00
N3*One First Street*Storage Location 1
N3*1 Second Street
N3*One Hospital Drive*2nd Floor Nurse’s Station
Workflow for the Exchange of an EDI 867 Product Transfer and Resale Report
The EDI 867 transaction set is used by both buyers or sellers in different industries. In most instances, a wholesaler sends an EDI 867 report to the manufacturer to communicate details regarding the product’s movement to other locations. This EDI transaction set is like EDI 852, which is often used by resellers to communicate information regarding product inventory and sales to the respective product manufacturers.
Stay EDI Compliant with EDIConnect
Designed to simplify and accelerate the exchange of EDI documents, EDIConnect is an enterprise-ready electronic data interchange software solution that supports the building and parsing of all ANSI X12, EDIFACT, and HIPAA transaction sets. With built-in EDI translation and validation features, as well as the ability to convert EDI files into a range of data formats, EDIConnect makes electronic data interchange a simple task for even business users. It also offers features to create workflows to streamline the process of exchanging EDI messages for businesses.