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Master Data Management for Multiple Domains
A whitepaper by Ventana Research discusses the need to combine business and technology in a unified approach for MDM implementations in diverse areas
Master Data Management has value as an information management strategy across all business areas. It addresses problems related to various domains such as materials, suppliers, customers, products, financial, etc.
This white paper by Ventana Research underlines the need for a distinct approach for implementing MDM solutions depending upon the domain (materials, customers, suppliers) requirements of an industry segment |
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Building Master Data Management Teams
A whitepaper by Ventana Research describing the role and importance of partnerships between business and IT in MDM strategy
The constant pressure on organizations today to demonstrate transparency and accountability and comply fully with regulations is having a strong effect on their data management efforts. To meet these challenges, many organizations are turning to MDM – and finding a dearth of accurate information about it.
This white paper by Ventana Research highlights the importance to build successful MDM teams to enhance the overall efficiency of business processes in a bid to improve the profitability... |
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The Business Benefits of Material Master Data Management (MMDM)
A 14-page whitepaper on how to achieve lower material costs and optimized inventory using Material Master Data Management
Leading companies across sectors like manufacturing, energy and utility are making serious efforts to increase their operational efficiency, drive M&A synergies, and maximize ROI from ERP initiatives. This makes MMDM an essential investment for these companies.
This white paper highlights the benefits that some companies have derived by implementing Material Master Data Management... |
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Meta Group
A 26-page information rich whitepaper on the business benefits, challenges and best practices of Material Master Data Management
Wondering why most organizations are challenged in driving continuing positive ROI from their system consolidation exercise? You may be just a step away from unlocking the huge ROI trapped in your scattered and fragmented Material Master data.
Read what eminent Meta group analysts, Barry Wilderman and Bruce Hudson have to say about the impact of Material Master Consolidation in your system consolidation exercise... |
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Adopting UNSPSC
UNSPSC enables better spend analysis, preference item management, supply standardization and spend control:
Many companies' item masters have errors, redundancies and outdated information due to sheer volume, complexity and dynamic nature of supply data. Also many high-end items and preference items are not coded, or are wrongly coded in the item master. A clean, consolidated item master with UNSPSC coded items drives standardization and control. It facilitates increased contract compliance due to the ability to find the right product, reduces inventory carrying costs and improves visibility into and control of supply management processes along with standardization and, management of high cost/ preference items. Read to know more about UNSPSC and its adoption.. |
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