Master Data Management

 

Master Data Management That Drives Business Value

Most executives are completely oblivious to the data issues that are eroding the value of their organizations. Fragmented and inconsistent data negatively affects cross-sell/up-sell, delays time to market, creates supply chain inefficiencies and weakens an organization’s overall market penetration. To be effective, organizations need a set of core master data about customers, products, locations, vendors, and suppliers in order to formulate strategies that increase sales, decrease risk, and improve profitability.

Yet today most organizations lack quality data in these areas due to the fact that it is spread across disparate systems and business units, exists in different formats, or cannot be used in a standard way to collaborate and manage exceptions with their supply network trading partners. The bottom line is that today’s organizations don’t know which data records to trust.


  We chose One Network’s cloud platform because it could rapidly scale across our business and trading partners and synchronize multiple technology systems and processes, while helping us identify and execute on cost-saving opportunities.  

- Global Demand Driven Supply Chain Manager, Dana


Our Approach to Master Data Management

At the core of One Network’s platform, and embedded in every solution, is a MDM technology has been designed specifically to address the issues of visibility, reliability, and trust that so many organizations face. More than just a technology platform, MDM with One Network is a combination of technologies and information governance practices designed to confirm the integrity and accuracy of data across the supply network, as well as to provide all trading partners with a “Single Version of the Truth” to better answer important business questions. This enables teams and trading partners to optimize their decision-making in unison.

Related Resources

Multi-Party Master Data Management

Master Data Management challenges are holding many companies back, inhibiting their ability to make effective decisions and their agility. This report explains a strategy that optimizes supply chain network performance, financial health, and resiliency.

VIEW NOW

The Federated Network Solution for Global Supply Chains

How federated networks simplify, optimize and secure global supply chains. They enable supply chain partners to connect, transact, and optimize, while preserving confidentiality, ensuring compliance and security.

VIEW NOW

3 Strategies Every Executive Must Deploy to Remain Competitive

This report explains the urgent new requirements for delivering the highest customer service levels at the least landed cost in today’s challenging environment, and to be positioned to take full advantage of Industry 4.0.

VIEW NOW

Your Business Operating System Needs a Dual Platform Strategy

Why the single enterprise Business Operating System no longer works. This paper explains the new Network paradigm and how to achieve it quickly and extend your competitive advantage.

VIEW NOW