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2020 The Year To Address The Elephant in Every Room – Data

ivalua

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. In addition, build a planning master data management system. The Importance of Governance and Planning Clarity. The Covid-19 pandemic tested the global supply chain.

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Procurement Trends and Priorities to Pursue in 2023

QAD

At the same time, there is an ever-increasing need to collect information around ESG , or environmental, social and corporate governance. Enhances supplier compliance with environmental, social and governance objectives. Eliminates manually intensive supplier management processes. Reduces direct and indirect procurement costs.

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Digital Process Optimization: Revolutionizing Efficiency in Business

Elementum

Inventory Management: AI and ML bring precision to inventory control, automating reorder processes and warehouse organization, ensuring optimal stock levels and reducing waste. The development of digital governance frameworks helps enterprises stay within the legal boundaries while striving for operational excellence.

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How to Prepare for Your Cloud Adoption Journey!

Supply Chain Game Changer

Your strategy should include goals and objectives, a timeline, and a risk management plan. You’ll also need to define how you’ll migrate your data to the cloud and who will be responsible for what roles in the process. Create Governance Framework. Data Management. Security And Compliance Standards.

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8 Master Data Governance Best Practices for Better Customer Engagement & ROI

Vinculum

There are still challenges of data synchronization, duplication and redundancy and the distributed nature of data across multiple systems within an organization are the key challenge businesses are encountering. Here, comes the role of master data management and data governance and in short master data governance.

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Unlocking Efficiency with AI in Business Process Automation

Elementum

Inventory Management: Precision and Efficiency through Automation AI and ML transform inventory management by predicting stock levels, automating reorder processes, and optimizing warehouse organization. This reduces the risk of overstocking or stockouts, ensuring inventory is managed with unprecedented accuracy and efficiency.