Official Sponsors of Mastering SAP for EAM and Supply Chain & Procurement – Gold Coast | Visit us at booth S5, Nov 13-14, 2023. Read more
In today’s fast-paced business landscape, data is essential for organizations striving to leverage data to drive innovation, growth, and success. Everything begins with data, understanding customer preferences, analyzing product performance,...
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Pharmaceutical companies face several material management challenges, impacting their ability to ensure timely, efficient, and compliant handling of materials. Key challenges include regulatory compliance, supply chain complexity, quality control and...
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In today’s fast-paced business environment, it’s crucial for companies to be efficient and effective in the way they operate. This is where Business Process Management (BPM) comes into play. BPM...
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Master Data Management (MDM) has become a critical tool for businesses across various industries to manage and maintain their data effectively. In 2023, MDM is being used in a wide...
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In today’s data-driven world, managing large amounts of data has become an essential part of running a successful business. From customer data to financial records, there are numerous types of...
Read More
As a business leader, you understand the importance of managing and analyzing data. With the right data, you can make better decisions, respond faster to customer needs, and gain competitive...
Read More
Business Process Management (BPM) refers to the systematic and strategic approach of managing a company’s processes to improve performance and efficiency. BPM is a holistic approach that involves analyzing, designing,...
Read More
Business process management (BPM) is a set of techniques, tools, and methodologies used to manage and optimize business processes. Over the past decade, BPM has become an integral part of...
Read More
Master data management (MDM) is the process of managing an organisation’s critical data assets, such as customer data, product data, and financial data. An effective Master Data Management strategy is...
Read More
In today’s fast-paced business landscape, data is essential for organizations striving to leverage data to drive innovation, growth, and success. Everything begins with data, understanding customer preferences, analyzing product performance, … Read More
Pharmaceutical companies face several material management challenges, impacting their ability to ensure timely, efficient, and compliant handling of materials. Key challenges include regulatory compliance, supply chain complexity, quality control and … Read More
In today’s fast-paced business environment, it’s crucial for companies to be efficient and effective in the way they operate. This is where Business Process Management (BPM) comes into play. BPM … Read More
Master Data Management (MDM) has become a critical tool for businesses across various industries to manage and maintain their data effectively. In 2023, MDM is being used in a wide … Read More
In today’s data-driven world, managing large amounts of data has become an essential part of running a successful business. From customer data to financial records, there are numerous types of … Read More
As a business leader, you understand the importance of managing and analyzing data. With the right data, you can make better decisions, respond faster to customer needs, and gain competitive … Read More
Business Process Management (BPM) refers to the systematic and strategic approach of managing a company’s processes to improve performance and efficiency. BPM is a holistic approach that involves analyzing, designing, … Read More
Business process management (BPM) is a set of techniques, tools, and methodologies used to manage and optimize business processes. Over the past decade, BPM has become an integral part of … Read More
Master data management (MDM) is the process of managing an organisation’s critical data assets, such as customer data, product data, and financial data. An effective Master Data Management strategy is … Read More
Register Now If you are looking to optimise your maintenance, repair, and operations (MRO) inventory processes, then you know that spares data management is the key. Poor data quality leads … Read More
I often think of the data that flows underneath systems like SAP as water. It’s just there, running and refreshing itself quietly through the pipes, in and out, often with … Read More
Master Data Management (MDM) is a discipline that involves the management of critical business data, such as customer and product information, across an enterprise. Creating a single, accurate, and consistent … Read More
Before we begin, let’s define a golden record. A Golden Record is a single, authoritative, and accurate version of a data element or set of data elements. In the context … Read More
Master Data Management (MDM) is critical to any organisation’s data management strategy. It ensures that all of your data is accurate, consistent, and up-to-date, which helps improve business processes, increase … Read More
Data governance in engineering, procurement, and construction (EPC) is the process of managing and controlling the flow of information within an organisation. This includes establishing policies and procedures for data … Read More
Master data management (MDM) has evolved significantly in the last decade, driven by several factors, including the growing volume and complexity of data, increased regulatory requirements, and the growing importance … Read More
Master Data Management (MDM) is a critical component of any supply chain. It ensures that key data assets, such as product and supplier information, are accurate, consistent, and up-to-date. Effective … Read More
It’s common knowledge that a data governance tool can help translate your data governance framework into practical steps and automate them. But the tool should have other mission-critical functionalities to … Read More
Digital transformation refers to the transformation of an organisation’s mindset and culture to go digital. It drives changes in 3 main areas: customer experiences, operational processes, and business models. And … Read More
Five great reasons why you need Master Data Management (MDM) Let’s break down the components of Master Data Management (MDM). First, we have master data. It’s a set of identifiers … Read More
A survey by RedHat examining the reasons why companies invested in process management and improvements found that 42% aimed to improve customer satisfaction, 65% wanted to improve efficiency and agility, … Read More
In the previous blog, we talked about the major challenges in managing and automating business processes and why in-house apps are not a sustainable solution. The way to go is … Read More
The immediate focus of modern companies is on strengthening core capabilities such as sales and operations before exploring the frontier of digital innovations. To get their house in order, they’re … Read More
In the previous blog, we talked about data cataloguing pitfalls faced by asset-intensive organisations especially in dealing with material data. Against the backdrop of economic and geopolitical uncertainties, companies need … Read More
Data catalogue is an organised collection of your data assets retrieved from different data sources. To understand this better, imagine you’re browsing through a nifty online catalogue of your favourite … Read More
This is the final part of a 3-part blog that discusses the data culture trends and challenges in the North American market, comprising the US and Canada. Part I sets … Read More
This is part II of a 3-part blog that discusses the data culture trends and challenges in the North American market, comprising the US and Canada. Part I gives an … Read More
This is part I of a 3-part blog that discusses the data culture trends and challenges in the North American market, comprising the US and Canada. There’s also a related … Read More
Today, data governance is becoming one of the more popular corporate catchphrases. But what’s the real meaning behind it? Google results will show an array of definitions which can confuse … Read More
It has been a bumpy, roller-coaster ride for companies in the Energy industry. Fluctuating oil prices, competition from energy disruptors like Elon Musk’s Tesla—the list goes on. In danger of … Read More
The global economic backdrop is plagued with pandemics, energy crises, climate change, supply chain shortages, and other disruptive factors. Data is being touted as this era’s ‘new oil’, and the … Read More
With all the hoopla surrounding data-related technologies, it’s hard not to be persuaded to jump on the bandwagon. This rings true with the elevated status of data as this era’s … Read More
“Stories—there’s nothing in the world more powerful than a good story. Nothing can stop it. No enemy can defeat it.” — Tyrion Lannister, Game of Thrones Let’s face it—with constant … Read More
Organisations big and small are recognising the importance of data as the cogs that run their business. With this awareness, conversations about Master Data Management (MDM) become more frequent. What’s … Read More
There’s so much hype about Data Quality Management as more and more companies are realising the critical role of data as the ‘new oil’ in this Digital Era. But first, … Read More
Poor data quality is adversely impacting businesses with an average of $15 million per year in losses, according to a Gartner’s Data Quality Market Survey. But, first, what is data … Read More
First, let’s go back to basics. What is Master Data? In simple terms, it’s a set of identifiers that provides the business context to your core data areas such as … Read More
Ok, before we go into Taxonomies, let’s define Spares, shall we? Spares are divided into direct and indirect spares. Direct spares are parts that go into the finished product and … Read More
Truth bomb #1: A Gartner survey found that 60% of companies weren’t aware that bad data had impacted their bottom line as they weren’t measuring it in the first place. … Read More
“Data is the new oil” has transformed the way modern enterprises perceive and approach data. But amassing petabytes of data would be for naught if these data go unchecked and … Read More
In this highly volatile economic climate, companies can’t afford to stand on the sidelines while their competitors jump on the digital business bandwagon. It’s the only way to stay relevant … Read More
Digitalization of enterprise platforms has been a hot topic for years now in keeping with the advent of Industry 4.0 and emerging technologies like Internet of Things (IoT), machine learning … Read More
In this day and age where information grows and changes at the speed of the internet, data is touted as the new currency. Hence, data-related activities such as migration shouldn’t … Read More
Establishing a data-driven culture isn’t just about having confidence and trust in data. It’s also about taking steps to ensure data is continually usable and relevant. While data governance is … Read More
SAP Insider Interviews Ranjan Bakshi CEO Prospecta MDO In Today’s volatile data world, Data integrity has become one of the most crucial tools for Enterprises as they embark on their … Read More
50% of organizations use a computerized maintenance management system. The remaining 50% rely on manufacturing scheduling systems, computerized calendars or even just a paper schedule … Read More
Plant Maintenance Systems Large facilities like refineries or power plants are only as productive as their weakest link. Plant maintenance systems help ensure the right equipment is in the right … Read More
Indirect materials make up a large portion of the working capital in mining companies. However unlike manufacturing, indirect materials in the mining industry heavily impacts on the people and therefore … Read More
Every day hundreds of data records are being added to ERP system of each organization, which leads to data challenges like Data Duplicates, Missing Records & Inconsistency to name a … Read More
They all, amongst many others, manage their Material Records/ MRO Spares & Inventory using MDO – Master Data Online. MDO’s description generator module helps business users around the world to … Read More
MDO’s solution for Enterprise Asset Management (EAM) is a comprehensive solution for all enterprises struggling to manage their assets master data. It offers built-in workflow, collaboration & a simple yet … Read More
Consumer Goods play a critical role in our day to day life. Right from eatables to personal care products, it touches lives of billions of people every day. Huge customer … Read More
No data governance, in which the responsibility for data management lies with the user alone and there is no centralised or overarching control. Everyone is trusted to enter the data properly … Read More
Many businesses are now looking to migrate critical IT applications to the Cloud, to help deliver greater benefits to the organisation. However, no matter what the application, the common denominator … Read More
No Defined Responsibility – Data moves like an orphan in a transformation project. Most consulting companies will provide resources but not take responsibility for the data quality. Ensure you engage a … Read More
A Gartner study has found that bad data costs businesses from $9.7 million to $14.2 million annually. This is where data cleansing enters the picture. Data cleansing, interchangeably termed as … Read More
