In supply chain management and procurement, the accuracy and efficiency of UNSPSC (United Nations Standard Products and Services Code) classification is paramount. Traditionally, this process has been a laborious task, consuming considerable time and resources....
Mergers and acquisitions (M&A) are complex processes that involve a multitude of challenges, particularly when it comes to managing and integrating data from multiple sources. Practitioners often face significant hurdles such as data inconsistencies, data quality...
We would like to thank and reference Gartner for the information referenced in this article. In Gartner’s latest report “Top GenAI Use Cases That Work Best for Supply Chain Logistics,” Carly West and Jose Reyes highlight the transformative impact of generative...
Centralising procurement across multiple companies yields significant benefits like cost savings, improved efficiency, and stronger negotiating power. However, this centralisation process introduces various data-related challenges, such as inconsistencies, quality...
Master Data Management (MDM) serves as the central hub for accurate and consistent product information within an organisation. However, real-world product data can be riddled with errors, inconsistencies, and missing values. This hinders business efficiency, analytics...
