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.

Inventory Management vs Product Information Management (PIM)

Supply Chain Game Changer

What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Warehouse and distribution networks. ?

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Keys to Data Governance in Retail – The Challenges & Solutions!

Vinculum

Significance of Data for Retail Industry. Data has always been the backbone for retail brands in their decision-making process, strategic or otherwise. Data-driven insights are crucial for retail brands to gather customer-centric information, identify opportunities for customer acquisition, engagement and retention as well as enhance their supply chain management efficiency. Major Data-related Challenges in Retail. Redundant Data Points. Data Exposure.

The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

Imagine stepping back in time to visit a large warehousing operation in 1990. To save you from a meltdown, let’s take a brief journey through warehouse operating developments from 1990 to 2045. While some imagination will still be required on this journey, most of the hard work has been done in the writing of this article, so you can shut down the imagination overdrive and cruise through this rundown of technology’s impact on warehouses and distribution centers.

The cost of bad data: Hidden costs

HICX Solutions

This is the second in our series of articles on ‘What is bad supplier data costing you?’ In our previous article , we looked at some real world examples of how poor supplier data can lead to bad or inconsistent decision making. The cost of bad data is far higher than you would imagine.

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The cost of bad data: Hidden costs

HICX Solutions

This is the second in our series of articles on ‘What is bad supplier data costing you?’ In our previous article , we looked at some real world examples of how poor supplier data can lead to bad or inconsistent decision making. The cost of bad data is far higher than you would imagine.

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Disruptive Warehouse Technologies for Any Company!

Supply Chain Game Changer

No matter how big or small your operation and your company is you likely have the same pressures on your Warehouses and Distribution Centres. Everyone, including those who are best in class, has the need to reduce costs, improve the speed and accuracy of order fulfillment and warehouse activities, optimize inventory, and provide sufficient capacity to support growth at your busiest times of the year. Disruptive Technologies in the Warehouse! Subscribe Here! Email Address.

Solving the Procurement Data Dilemma: Using supplier data to drive successful relationships

HICX Solutions

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. Data that is brought in will lead to knowledge.

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Solving the Procurement Data Dilemma: Using supplier data to drive successful relationships

HICX Solutions

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. Data that is brought in will lead to knowledge.

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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). 3) Logistics (inbound/outbound transportation, materials and finished goods warehouses). A technician has a different perspective to the way in which the supply chain can manage variety.

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Warehouse Automation May Not Automatically Resolve Data Issues…However This Can

OneSCM

With all the mobile devices, barcode scanners, sensors and other computing technologies online today, warehouse managers should have complete visibility into what is happening within their four walls at all times. Access to operational data is supposed to be easy in today’s “connected” digital world. Yet the logistics of connecting these data sets in a meaningful way may be making everyone’s job more difficult.

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The Worse Mistakes of Omnichannel Retail

Vinculum

You can prevent this by maintaining a Master Data Management system which creates a Single View of Truth across catalogs, sales and distribution channels, merchandising and other aspects. As the omnichannel experience is entirely driven by customer behaviour, it is vital that analytics and data collection are integrated at every touchpoint. Sure, every customer loves a new piece of technology, but only if it simplifies their life and not the store manager’s.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions.

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

Vinculum

Over the past decades, the significance of data has amplified and in today every business operation, be it strategic decision-making or the daily function, is data-enabled. Researchers and data scientists are collaborating on a wider scale and bringing out breakthrough innovations in the space to master the ultimate potential of data in today’s time. Despite the growing importance of data and its optimal management, there is still room for improvement in the space.

Coming to IRF 2019, Mumbai? Visit Vinculum at Booth #A22

Vinculum

Order and inventory management. Warehousing and fulfillment. Consistent product and master data management. Order & Inventory Management – Take control of your orders, inventory and returns through a single, real-time dashboard view of your orders and inventory across all sales channels. Warehousing and Fulfillment – Our SaaS solution supports both B2B and B2C warehousing needs.

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Master Data Masterclass: Don’t let “Our data is GREAT!” be your famous last words.

SCJunction

With a larger reliance on data than ever before, the warehouse management, distribution, and supply chain industries need to start brushing up on their data management skills. When we are called into businesses to implement an integrated Warehouse Management System , we stress the importance of the existing master data to our clients.

6 Reasons Why Retailers Need a PIM Solution

Vinculum

In order to juggle all of these channels, data and responsibilities, you need a PIM solution. Improve Quality of Data. At Vinculum, our Master Data Management system (MDM) creates a synchronized online/offline catalog of your existing products. With your Product Information Management software, you can also upgrade your customer service experience. Instead, a PIM system manages all of that for you. Create a Data-Driven Model.

How Can Manufacturers Manage Disruption and Improve Productivity?

Logility

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Managing Your Data. The term of art is data warehousing.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. Whether it is about inventory in transit, in a warehouse or in distribution centers, visibility is a must. When stock is optimized in the right manner, routine inventory audits are done on time, inbound, outbound, warehousing, and in-transit movements are tracked meticulously. It saves overhead inventory expenses and manages time.

Seasoned Leadership in Action™ – An Interview with Stephen Beard, VP at Flexe!

Supply Chain Game Changer

I ended up doing a little bit of everything in my time there, from delivery driver to operations management, training team, industrial engineering, sales, and eventually moved over to the Supply Chain Solutions group. Culture in Supply Chain Management has changed as a result, in my opinion.

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

E2open Acquires Transportation Management Systems Provider Cloud Logistics. HighJump Launches Warehouse Control System at CSCMP Edge 2018. Like I wrote earlier this week, there is always something new to talk about in the transportation management systems (TMS) market. 7 years ago yesterday, my oldest daughter was diagnosed with Type 1 Diabetes at age 11.

50 expert tips on supply chain management

6 River Systems

“In the past, most disruptions were limited to a single supply chain,” explains Dr. Asoo Vakharia, McClatchy Professor and Director of the Supply Chain Management Center at the Warrington College of Business. As many states have started the process of reopening their economies, supply chain managers are faced with rethinking their supply chain networks. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4.

5 Quick Solutions for Simplifying Supply Chains

Unleashed

With the rapid rise in our ability to collect information, data saturation is everywhere. Sure, data is king when it comes to helping forecast future demand and inventory stock needs but the ability to collect data is not always supported by the ability to filter and manage that data correctly. Any data collected and held needs to be relevant to the business. Business Tips inventory management supplier relationship suppliers supply chain

Improving inventory management

EFT

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. There, “You're talking about … 20 to 25 warehouses,” across the country to give that same day coverage.

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

As Jörg Schlager, SKF's Business Transformation Manager - Demand Chain, describes it, the company is looking around and seeing disruption everywhere. Planners focused on their local operations or warehouses and servicing customers in their territory. It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). In Figure 3 the functional groups in the organization are managing multiple roles.

How Blockchain in the Supply Chain will Empower Supply Chain Management

Shipchain

Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer. Blockchain’s tamper-proof nature eliminates any concerns over data validation, costs of managing data, time delays, and human errors. Decentralized data in blockchain also enables real-time visibility into the supply, applicable to optimized supply chain management. What is Supply Chain?

The award winning start-up trying to link up the autonomous landscape

EFT

You see a lot of companies that are using robotics for their warehousing, their last mile deliveries, their dock to dock deliveries, inventory, management, etc., It is only when you bring these people together as one workforce, properly managed, that you have a functional team.

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How Can Manufacturers Manage Disruption and Improve Productivity?

Halo

By using advanced analytics for manufacturing, to understand the valuable information concealed within data they already have! Here it is again: there’s a valuable asset that many manufacturers have not yet optimized - their own data. Some of you may want to argue that point, but note that we’re calling for the optimization of deriving sound business decisions from data. Managing your data. The term of art is data warehousing.

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. How the participants interact with the data based on their roles and permissions must be orchestrated based on desired business outcomes as well as any related data security protocols.

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6 Reasons Why WMS is Ready for Cloud

Accelogix

Time Warner Cable also offers us very affordable pricing on high bandwidth cable-based data services. If all your users simply connect to a web server, you may not even need the more expensive enterprise Fiber services for the majority of your data needs. The management costs and risks of having a different server in every facility are untenable. Data may actually be more secure in the Cloud than in your office.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

In short, the increased threat of terrorism underscores the importance of taking a smarter approach to supply chain risk management , which was one of my predictions for 2014. So, with darts in hand, here are my supply chain and logistics predictions for 2016: The Transportation Management System (TMS) market will become more barbell-shaped as Software-as-a-Self-Service solutions emerge. Guess Who Announced New Transportation Management Software (TMS) Functionality Yesterday.

Manage and Share Your Sourcing Data Effortlessly with ASO: Data Warehouse

Jaggaer

You already know that accurate data is vitally important to your procurement team. According to JAGGAER’s 2018 Digital Procurement Report , technologies related to data analysis are the most valued and desired pieces of technology among respondents. One small mistake in examining or presenting data points within your sourcing activity could cost you. Businesses need a strategic approach to managing their sourcing data.

IBM Watson Intelligent Supply Chain Workshop Brings Executives Together to Share Thoughts on Deployment

NC State SCRC

We also shared results from the recent report completed by IBM and NC State on the current state of data analytics and Artificial Intelligence. Very often, companies are investing in cloud-based computing, data warehouses, business intelligence dashboards, and multiple other forms of software and hardware investments. It begins by laying the soil, which is equivalent to establishing a good data governance foundation.

How Omnichannel Retail Is Impacting Businesses

Vinculum

Improved data collection and analysis. As omnichannel works on several touch points – store branches, sales reps, website/app, social media – it brings data collection at every point and generates invaluable insights on customer behaviour. Considering how wide and deep an omnichannel experience is, a business can’t manage one on its own. It may be a cliche, but the internet has, in fact, touched and transformed everything we do.

How Can Manufacturers Manage Disruption and Improve Productivity?

Halo

By using advanced analytics for manufacturing, to understand the valuable information concealed within data they already have! Here it is again: there’s a valuable asset that many manufacturers have not yet optimized - their own data. Some of you may want to argue that point, but note that we’re calling for the optimization of deriving sound business decisions from data. Managing your data. The term of art is data warehousing.