Trading Partner

An entity that performs a business transaction with or within the automotive or retail industry.

In CloudSuite Industrial, these transactions include POs (purchase orders), planning orders, invoices, ASNs (advance shipping notices), bills of lading, and PO acknowledgments. Trading partners can be customers (demand side) or vendors (supply side). Each Trading Partner must be defined through values entered on the EDI Customer Profiles or EDI Vendor Profiles form.