Transforming the Data Management Challenge into a Strategic Opportunity

BlueYonder

Managing large volumes of near real-time data from multiple sources of input is a challenge for many businesses — particularly those companies that are managing their supply chains with a series of disparate and disconnected tools. Big Data Is Only Getting Bigger.

Enterprise Labeling: Where Data Management Enters Physical Space

Loftware

How does enterprise labeling bridge the gap between ERP and the supply chain? Supply Chain SAP Oracle

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How to use Master Data Management to Drive Transformation

The Network Effect

The post How to use Master Data Management to Drive Transformation appeared first on The Network Effect. Big Data Digital Supply Chain Multiparty Network Network Business Supply Chain Management master data management

How industrial AI & next-gen data management can support future-proofing the supply chain

IT Supply Chain

Product Marketing Manager, AspenTech. The post How industrial AI & next-gen data management can support future-proofing the supply chain appeared first on IT Supply Chain. By Dwaine Plauche, (pictured).

Forrester Research Report: How Sales and Marketing Intelligence Drive Improved Business Outcomes

In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. The primary takeaway? Forrester found only 1.2% of companies achieved a score indicating maturity in data management practices. However, organizations are fighting back - and winning.

What is Product (or Master) Data Management?

Supply Chain Game Changer

6 Trends to Make Supply Chain Managers the Heroes of Their Company! I had just inherited a new department into my organization, the Product Data Management (PDM) team. We were missing customer deliveries due to problems in getting the correct, and complete data, into the systems which enabled us to manage bills of material and manufacture products. What then exactly is Product, or Master, Data Management? Product Data Management (PDM).

Supply Chain Data Management: Making Data Make Sense for Supply Chain Planning

Logility

Managing the data required for supply chain planning is a bit like raking leaves. The data keeps coming all year round. And just when you think you have clean and consistent data to work with, new internal and external data “blows into the yard.”.

AWS outage affects millions: poor data management at fault?

IT Supply Chain

The post AWS outage affects millions: poor data management at fault? By Mike Kiersey (pictured). Principal Technologist at Boomi. appeared first on IT Supply Chain. Industry Talk

Three Components of Skillful Supply-Chain Data Management

Supply Chain Brain

Poor or insufficient data management hampers supply-chain planning and execution, and weakens the foundation needed for effective digital transformation

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. As a result, the topic of master data management features high on the agenda within many companies like cosmetic brand rituals – and ideally not only for the It department, but also for the management board.

Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.

Why Master Data Management is Important in Trade Compliance

3rdwave

Product and Account data are foundations on which all organizational activity operate. In most organizations, the ERP is meant to be the repository of the organizations’ master data. That is, ‘important’ data is housed there. However, Master Data Management is seen as a challenge in most organizations. Important data is a matter of perspective. As a result, there is no single system of record for 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. Each of these supply chain participants may use various protocols, Enterprise Resource Planning (ERP) or Transportation Management (TM) systems, and information may be transmitted at different times.

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. Related: what are the pros and cons of data democratisation? Key vendor master data management processes. The most important part of supplier / vendor data management.

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. . When customer data has duplicates, is incomplete, or just generally inaccurate, companies will experience problems in revenue recognition, risk management, marketing and customer loyalty.

How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

What is Vendor Master Data Management and Why is it Important?

HICX Solutions

Gaining a better understanding of who your vendors are allows you to improve all aspects of vendor management, such as sourcing, category management and payment. As such, it should be a high priority for organisations to focus on improving their vendor master data management processes in order for them to gain that greater understanding. Why organisations struggle with Vendor Master Data Management. What are the benefits of Vendor Master Data Management?

Guiding Principles for Success in Your Enterprise’s Master Data Management

Vinculum

Look at most successful businesses, enterprises or retail stores; the leading reason behind their success is their master data management solutions. Data is known to be one of the valuable assets this 2020. What power does data hold? Streamline Data Usage.

A Dive Into Our Spend Data Management Solution

ITradeNetwork

Supply Chain Management

Master Data Management: the value of one source of truth (vs. multiple sources)

HICX Solutions

To understand what is meant by describing a Master Data Management (MDM) solution as the single source of truth, it’s probably easier to start by looking at the multiple sources of truth that many businesses currently try (and struggle) to manage – namely Supply Chain Management (SCM), Enterprise Resource Planning ( ERP ) and Customer Relationship Management (CRM). The answer is, by implementing a Master Data Management ( MDM ) platform.

Why B2B Contact and Account Data Management Is Critical to Your ROI

64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.

Why Master Data Management is Important in Trade Compliance

3rdwave

Product and Account data are foundations on which all organizational activity operate. In most organizations, the ERP is meant to be the repository of the organizations’ master data. That is, ‘important’ data is housed there. However, Master Data Management is seen as a challenge in most organizations. Important data is a matter of perspective. As a result, there is no single system of record for master data.

Why Master Data Management is Important in Trade Compliance

3rdwave

Product and Account data are foundations on which all organizational activity operate. In most organizations, the ERP is meant to be the repository of the organizations’ master data. That is, ‘important’ data is housed there. However, Master Data Management is seen as a challenge in most organizations. Important data is a matter of perspective. As a result, there is no single system of record for master data.

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.

Contract Data Management With AI

ivalua

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. The data in this case is text from natural language , which is rarely structured data. The comprehension of textual data requires the analysis of semantic and syntactic information in a block of text.

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

Master Data Management is Essential for Process Integrity

Accelogix

Master data management preserves the integrity of critical master data at the foundation of your automated business system, whether it is a WMS or any other transaction-centric application. Even though master data is established once and centrally maintained, it is constantly used to validate many of the elements of a given transaction. In complex business models, it is common to find master data maintained on one application and introduced to a downstream application.

Seven Steps to Master Data Management for Your Enterprise

Supply Chain Brain

If not managed carefully, fragmented data can lead to divisional misalignment and poor decision-making

How Procurement Can Add Value To Supplier Master Data Management

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Who Should Own Supplier Master Data? Risk management.

5 Key Business Processes for Effective Supplier Master Data Management

ProcurePort

A centralized Supplier Data Management solution must support five crucial business processes relating to supplier relationships. The post 5 Key Business Processes for Effective Supplier Master Data Management appeared first on ProcurePort Blog. Supplier Management

Put an End to Data-Management Woes in Your Supply Chain With MDM

Supply Chain Brain

As supply-chain design and management struggles to live up to modern-day business imperatives, enterprise decision makers have turned their gaze toward the inefficiencies plaguing it

Supply Chain Governance Is Essential to the Ethical Business

Logility

Institute supply chain governance fueled by data that only a modern platform can offer. Proper governance ensures that company decisions align with stated company values and can provide the data and transparency that proves, which the world is increasingly demanding.

Product Data Management in eCommerce

Vinculum

Product data has the ability to make or break the eCommerce business. Here comes the role of a Product Data Management System. What is a Product Data Management System? Key Challenges in Product Data Management for eCommerce businesses.

The Business Case for Building Sustainable Supply Chains

Logility

Tracing your supply chain helps you assess sustainability, but that same data can also help you streamline the movement of products through your supply chain. Demand Integrated Business Planning Inventory Product Supply Supply Chain Data Management Thought Leadership

Data Management and eCommerce Growth

Vinculum

Data is everything, and insights from the interpretation of data stand to change the face of businesses today. However, companies, by and large, have been slow to adapt and incorporate the benefits of data. How can data accelerate growth? Cost-efficient Data Management.

How Can Your Business Achieve Economic Supply Chain Sustainability?

Logility

Using visibility and data to maximize the supply chain. The power of cost-benefit analysis, AI-driven inventory management, and insight-driven decision-making can be seen when balancing and synchronizing supply variability with shifts in demand at the opposite ends of the supply chain.