Posts Tagged :

master data management

Cut Private Label Supply Chain Costs with Master Data Management

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Holding onto older legacy systems as a cost-cutting strategy can often do more harm than good. Retail consultancy S4RB found that just a 10% loss in productivity from not having proper systems in place could cost as much as $5 million annually. The shortcomings of traditional Enterprise Resource Planning (ERP) in supply chain master data…

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supply chain risk

Mitigate Supply Chain Risk with Master Data Management

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Reliable supply chain data is critical to ensuring efficiency, effectiveness, and ongoing operability. When data is missing, incorrect, or inaccurate, it opens the doors for a number of business risks that could harm profitability, create delays, and damage your reputation.  To mitigate supply chain risk, organizations are turning to better ways to collect, share, and…

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supply chain network

Build a Resilient Supplier Network with Supply Chain Master Data Management

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If there’s ever a time to fix glaring inefficiencies in the supply chain, it’s now.  To be fair, COVID-19 did not create the supply chain issues like slow global lead times, product shortages, geopolitical restrictions, and logistics disruptions that many industries are currently experiencing. Rather, it further exposed and amplified poor sourcing strategies and distribution…

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global data management

How to Compete Globally with Master Data Management for Supply Chains

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Supply chain agility has never been a greater focus than right now. For many retailers, distributors, and manufacturers, the global pandemic has served as one of the most important lessons in demonstrating the need for flexibility, transparency, and the ability to shift quickly in response to changing markets.  There isn’t a manufacturer or company that…

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How to Leverage Data Management to Manage the Modern Supply Chain

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Maximizing supply chain efficiency has never been a more pressing need than in 2020. At the heart of efficiency is data — it is only possible to use and improve with the right information. Without good data management, supply chain partners are left in the dark about what’s happening and what to expect next.    The…

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How Blockchain and Smart Manufacturing Combine in the Modern Factory

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Smart manufacturing is all about using Big Data and analytics to drive efficiency and profitability. The entire smart manufacturing environment uses master data management to control processes and provide insight into activities of which humans may otherwise never become aware. To do this requires transparency and interconnected systems, both of which can be created through…

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What’s New in Specright: Release 9.0

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Release 9.0 is now available to Specright users!  We’ve added capabilities around inventory visibility, Orders, a new look and feel for Specright Files, and Many-to-Many File Upload. Your feedback helped bring these new features to life and we’re so excited for you to put them to work! Take Inventory Visibility to the Next Level Now…

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