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How does the future of Business Process Management look like in 2023
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 the business world, helping organizations to streamline their operations, reduce … Read More
5 musts for an effective MDM strategy
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 essential for any organisation to improve the quality, consistency, and … Read More
How can you effectively manage Spares Data for MRO Inventory Optimisation in 2023
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 to inaccurate inventory forecasts, excessive stockouts, and unnecessary inventory costs. … Read More
How to achieve a Golden Record in spare parts cataloguing
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 of spare cataloguing, it is considered to be important because … Read More
Master Data Management Software – Build or Buy? The best strategy
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 efficiency, and drive revenue growth. But when it comes to … Read More
How to effectively manage data governance in EPC (Engineering, Procurement and Construction)
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 collection, storage, use, and dissemination, as well as ensuring that … Read More
7 amazing master data management trends that happened in a decade..
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 of data as a strategic asset for businesses. MDM has … Read More
How a good Master Data Management Strategy enables smooth Supply Chain Processes?
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 MDM enables companies to make informed decisions, improve efficiency, and … Read More
What users hate about Data Governance tools
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 propel the adoption of data governance mindset and behaviours across … Read More
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