8 Tips to Help Procurement Optimize Supplier Master Data
NOVEMBER 14, 2019
Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy. Tip #1 – Use holistic data modeling to optimize organizational needs. Where are you on your Procurement journey?