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Digital Transformations Require Clean, Accessible, Up to Date Data

Logistics Viewpoints

Matt Elenjickal, the Founder and Chief Executive Officer of FourKites, has pointed out that “data is the raw fuel of a digital transformation.” But it must be quality data! When enterprise implementations take longer than expected, almost all do, the amount of time needed to clean up the data is often the leading factor.

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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

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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. All thanks to the technological revolution, there has been data generated at an unprecedented pace.

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Big Data: A Valuable Forecast Tool to Future-Proof Supply Chains

Logility

Reliance on historical data can limit an organization’s ability to sense possible exposure to disruption that can impact everything from minor irregularities to extreme shifts in demand. Adding real-time data can help in some cases, but that also adds complexity.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

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Is Your Procurement Data Fit for Purpose?

ivalua

Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. Among the most valuable topics we addressed was a deceptively complex question: what is quality data? Supply chains are in a battle for data supremacy.

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ERP, CRM and PLM sources of data for demand planning

DynaSys

Data is an integral part of the demand planning cycle. But, the trickiness of collecting data comes mainly from pulling it from all the sources of data for demand planning as well as unifying the data. But, it doesn’t mean that you’re stuck with siloed or disjointed data by department, facility, and/or function.