Tag Archives: Master Data Management

Digital Transformation Process
Role of Master data management in organizational Digital Transformation

Master Data Management Systems play a crucial role in the digital transformation process because they

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vendor management
 Vendor Management Challenges and Solutions to Overcome It 

Understanding the Challenges Companies should develop techniques that can reduce vendor risks due to the

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Leveraging Strategic Supplier Relationships
Leveraging Strategic Supplier Relationships 

Most companies interact every day with a wide range of vendors. In this series, we

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Cost Reduction Strategies
Cost Reduction Strategies & Identifying Savings Opportunities in Procurement

PROCUREMENT A company engages in procurement while sourcing products (or services) from suppliers and vendors.

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Vendor master data
Importance of Vendor Master Data in Strategic Sourcing  

What is Vendor Master Data?  A comprehensive supplier / vendor master allows sourcing specialists to

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Master Data In An Asset Intensive Organizations
Consequences of bad quality Master Data in an Asset Intensive Organizations

There are consequences to bad quality master data, which impact the organization across functions –

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MRO in 2022
Bringing MRO into the modern world in 2022

One of the oldest trends in the world of MRO, often observed in the industry,

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MRO Data Governance aids accurate spend analytics
How MRO Master Data Governance aids accurate spend analytics

An effective MRO data quality program requires a multi-faceted approach that involves technology, skills, and

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CMMS, Asset register,effective plant maintenance
Importance of Asset Register in MRO Data Excellence

An accurate Asset Register is an essential part of any MRO Master Data Management system

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