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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

Today, I’m going to add a qualifier — it has to be quality data. Just as any chef will tell you that anything less than the best quality ingredients can render a dish inedible, so too, bad data can turn any data-driven IT effort sour. So, what is quality data? So, ensuring data quality is critical. Inspect before entry.

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Business’ Big Data Problem: Data Quality

Enterra Insights

. … This lack of trust comes despite 89 percent of executives surveyed saying a high level of data quality was critical for success.”[1] ”[2] As a result, it appears job one for businesses is to improve data quality. ”[2] As a result, it appears job one for businesses is to improve data quality.

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Supply Chain Data Quality & Governance

ivalua

To be of use, supply chain data must be of good quality and trustworthy. The inability to integrate data from multiple sources and the limited ability to interpret/analyze data in real time are a common set of problems facing many organizations. The post Supply Chain Data Quality & Governance appeared first on Ivalua.

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What is Responsible Sourcing?

ivalua

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. There is a growing trend among consumers for responsible sourcing or ethical sourcing.

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Teaching Cases – “Global Sourcing at Nike” and “IKEA Goes Online”

SCM Research

It is always exciting to discover new teaching cases, especially when they are of very high quality. The first is called Global Sourcing at Nike and takes the perspective of Amanda Tucker, Vice President of Sourcing at Nike (authors: Michael W. Two cases have just won awards in the 2023 Case Center Awards and Competitions.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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ERP Master Data: A Guide to Improve Quality & Governance

SCMDOJO

However, the success of an ERP system largely depends on the quality of its master data. Poor quality master data can lead to errors, delays, and inconsistencies, which can have serious implications for an organization’s bottom line. These systems help organizations to manage their resources more efficiently and effectively.