article thumbnail

What are the Five Key Business Processes for Supplier Master Data Management?

HICX Solutions

In order to deploy a successful centralized operational supplier master data management solution (that’s a mouthful) – which means covering 100% of all data and not just the 20 most important attributes – there are just five business processes you need to pay attention to. Key vendor master data management processes.

article thumbnail

Why Is Blockchain Not Hotter?

Supply Chain Shaman

Security and data management in many-to-many architectures, and the management within blockchain, is still experimental. We will be discussing these topics, and many more, at the upcoming Supply Chain Insights Global Summit on September 5-8, 2017. 3) Organizational Readiness. We are not set up to test. I welcome yours!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Can Manufacturers Manage Disruption and Improve Productivity?

Logility

According to McKinsey & Company’s 2017 report ‘ Manufacturing: Analytics Unleashes Productivity and Profitability ’, what is often termed predictive maintenance typically reduces machine downtime by 30% to 50% and increases machine life by 20% to 40%. Managing Your Data. The term of art is data warehousing.

article thumbnail

Cognitive Technologies in the Retail Space

Enterra Insights

Back in 2017, Andrew Busby ( @andrewbusby ), Founder and CEO of Retail Reflections, declared, “Cognitive computing is forever changing how we shop. However, some retail operations lack specificity in their product data management. 2] Andrew Busby, “ How Cognitive Computing Is Reshaping Retail ,” Longitudes, 10 September 2017. [3]

article thumbnail

Cognitive Computing: Getting Clear on Definitions

Supply Chain Shaman

This type of technology will transform master data management and the matching of documents. We are putting the finishing touches on the agenda, and promise that the experience on September 5-8, 2017 will be a great opportunity for digital transformation leaders to ideate and imagine the supply chain of the future.

article thumbnail

Using Data to Improve Supply Chain Operations

Material Handling & Logistics

Data quality is a real problem for many enterprises—in general, only 44% of organizations trust their data to make important business decisions while, on average, 33% of an organization’s data is perceived to be inaccurate by the C-level decision makers (Experian 2017). Getting There. Printer-friendly version.

article thumbnail

Cognitive Computing in the Digital Era

Enterra Insights

2] Megan Murphy, “ Ginni Rometty on the End of Programming ,” Bloomberg BusinessWeek, 20 September 2017. [3] 3] Sue Feldman, “ Cognitive computing and AI begin to grow together ,” Information & Data Management, 26 March 2020. [4] 5] Yossi Sheffi, “ What is a Company’s Most Valuable Asset? 8] Michael C.