Master data management and the hidden costs of customer service

The Network Effect

CWCS Managed Hosting/Flickr. Note this the second installment in a series of posts on how master data management affect a company’s financial health. In my first post, I explored whether Wall Street should care about your master data management strategy. .

Master data management should be higher on the agenda

Supply Chain Movement

The ever-advancing digitisation of business processes is raising the demand for high-quality data and making it increasingly important, because the success of supply chain collaboration is inextricably linked with the exchange of usable data. But what exactly is master data?

The Impact of SOLAS on Ocean Shipping and Data Management

Talking Logistics

The Regulation’s Impact on Ocean Shipping and Data Management. The Regulation and Data Management. However, in today’s information-driven supply chain, data often flows in parallel with the passage of freight.

Channel Data Management Application: Build or Buy?

E2open

The right Channel Data Management (CDM) system will unlock the value of your channel sales and inventory data. The post Channel Data Management Application: Build or Buy?

The Financial Impact of Master Data Management

The Network Effect

Today I wanted to summarize the various topics we’ve explored regarding the connection between master data management and your company’s financial health. Remember that your master data is a subset of all the data used across your applications.

The Digital Age Demands Master Data Management

Enterra Insights

The digital age is data driven. The post The Digital Age Demands Master Data Management appeared first on Enterra Solutions. Big Data Business Cognitive Computing digital enterprise Master Data Management Enterra Solutions Stephen DeAngelisThat fact should come as no surprise. It stands to reason, therefore, that any … Continued.

The High Performance Data Management Channel

Supply Chain 24/7

This paper details why channel data management (CDM) is a fast-growing discipline among large manufacturers that increases visibility into the fine details of what is happening within their sales and distribution channels

Forecast Accuracy: Keep Your Demand Management Process Honest

The 21st Century Supply Chain

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Are you keeping your demand management process honest? ’ You also need measurement and accuracy reports to determine the effectiveness of the entire demand management process. Data Management.

The Benefits of Breaking Down Silo Walls

The Network Effect

Big Data Multiparty Network Technology The Network Effect agility digital transformation master data managementAdapting to a changing world is a business necessity. Leaders must challenge the status quo in order to stay competitive.

Welcome in the Big Data Opportunity

Supply Chain Shaman

The term big data is moving up the charts as a “hot topic.” We wanted to understand where companies are at in the adoption of big data concepts and we had a good time writing the report on the research. It requires change management.

10th Pan-European Conference in the P2P Series

Supply Chain Movement

There are still obstacles on the way including internal buy-in, poor master data management, supplier behaviour and more. Benchmark change management challenges. AzkoNobel data, technology and the P2P GPO. 10th Pan-European Conference in the P2P Series.

TIBCO Insight Platform enhances intelligent business operations with data management and analytics logic

Manufacturing & Logistics IT

a global provider of integration, API management, and analytics solutions, has announced its TIBCO Insight Platform solution for facilitating faster and more informed decisions and actions on the business TIBCO Software Inc.,

Modeling Brewing Capacity to Drive Cost Savings at HEINEKEN

Supply Chain 24/7

AIMMS's supply chain analytics solution helps HEINEKEN streamlines data management

Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

Forecasting is about managing risks. Major organisational and cultural changes lie ahead for supply chain management. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems.

S&OP 78

Roberto Crippa: “If you try to manage new business with old rules you fail”

Supply Chain Movement

The business is getting tougher as more and more professional buyers at Customer’s site are managing procurement and purchasing. 1) Demand Management (demand forecasting, scarcity management and part of sales back office).

Italy 101

Personal Data and the European Union’s General Data Protection Regulation

Enterra Insights

The massive Equifax data breach once again hammered home the importance of protecting personal data from hackers. The post Personal Data and the European Union’s General Data Protection Regulation appeared first on Enterra Solutions. Big Data Business Compliance digital enterprise Master Data Management Enterra Solutions Stephen DeAngelis

Data 100

Dave Christensen: A Spirited Approach to Supply Chain Management

Inbound Logistics

oversees demand planning, replenishment, logistics, and master data management Dave Christensen, vice president, supply chain with Glazer’s, Inc.,

Chainsaw Maker Massacres Supply Chain Inefficiencies

Inbound Logistics

It found that the correct application of the right data management technology provided and maintained by the right partner was the solution to the problem Oregon-based manufacturer Blount International was bleeding money from leaks all across its supply chain.

Routing Software Separates Losers from Weiners

Inbound Logistics

It found that the correct application of the right data management technology provided and maintained by the right partner was the solution to the problem Oregon-based manufacturer Blount International was bleeding money from leaks all across its supply chain.

7 Tips To Consider When Selecting an MES Solution

IQMS

IQMS is defining MES as including planning & scheduling, production reporting including analytics & Business Intelligence (BI), Quality Management and Shop Floor Control System. That Awkward Moment When You Realize 70% Of Factory Data Isn’t Being Used.

Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

Cerasis

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics.

Why Is Blockchain Not Hotter?

Supply Chain Shaman

It is critical to define the publish/subscribe mechanisms, the data architecture, and think through the nodes. The nodes enable replication and authentication of the data. I was sitting with a representative from the United Nations on my way back from Colombia.

2018 Prediction Deep Dive- A Shifting of Priorities for Digital Transformation and Supply Chain Tech Investments

Supply Chain Matters

In this installment, we dive into 2018 Prediction Five: A Shifting of Priorities for Supply Chain Digital Transformation, Data Management, and Technology Enhanced Business Relationships. Supply Chain Matters provides a deep-dive perspective on the ten outlined 2018 Predictions for Industry and Global Supply Chains unveiled in mid-December.

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. We share this data in Figure 3. To do this companies need to use channel data to decrease demand latency, and then use pattern recognition and advanced analytics to define buffer strategies.

Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

In addition, they list nine key technical competencies to ensure that planning functionality can be utilized effectively across an E2E supply chain: Process management. Unified data, process and analytical models. Performance management and analytics support.

4 Ways Big Data is Changing Inventory Management

EazyStock

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. Processing a large volume of information the main benefit of big data analytics.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs).

Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

In addition, they list nine key technical competencies to ensure that planning functionality can be utilized effectively across an E2E supply chain: Process management. Unified data, process and analytical models. Performance management and analytics support.

Bose Improves Collaboration and Strengthens Partner Networks

E2open

In this case study, learn why Bose chose E2open Channel Data Management and how they are now able to more effectively manage incentives and rebates.

What does GDPR mean for your supply chain?

The 21st Century Supply Chain

by Nazli Erdogus The EU’s General Data Protection Regulation (GDPR) is the most important change in personal data privacy regulation in 20 years. On top of that, the EU data protection regulation will also apply to all cloud software solutions used in your company.

SCM – It’s All About Data

SCM Research

The volume, variety and velocity of business and supply chain data are increasing dramatically. Ernst & Young has recently published an interesting report, titled Digital Supply Chain: It’s All About That Data. The authors make one thing very clear: “Companies must act now to focus, simplify and standardize big data through an enterprise data management strategy.” Practice Information Technology Report Supply Chain Management

SCM 110

Accelerating Value for Existing SAP APO Planning Teams: Intrigo Systems

Supply Chain Matters

The blessing comes from the structural design rigor that often underpins SAP applications and underlying master data management, along with the rather tight transactional linkages among the various SAP Business Suite applications. Many manufacturers and services providers elected SAP as their ERP backbone because of its rigor and designed enterprise data integration. Utilization of SAP applications can be both a blessing and sometimes a curse.

System 152

Sharing the “Best Version of the Truth” to Trading Partners

The Network Effect

Note: This is the latest in a series of posts that discuss how your companies master data management strategy (MDM) has a direct relationship to your company’s fiscal health. In my last post, I discussed how to bring visibility and reliability to enterprise data.

DC 158

Is your supply chain planning ready for the “Experience Economy”?

ToolsGroup

They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews. Click below for a podcast with ideas on how to start leveraging AI for demand management and supply chain planning.

The 5 Point Last Minute Black Friday Supply Chain Checklist!

Supply Chain Game Changer

Your Website, your Order Management system, your Planning system, your Inventory Management system, your Receiving and Shipping systems, your Marketing systems, and your Product Data Management systems must work at all times. Subscribe Here! Email Address.