Does Your Company Have a Good Data Strategy?

By |2019-08-07T13:25:27+00:00January 18th, 2019|Quick Reads|

The word strategy, is translated from Greek as στρατηγία stratēgia, "art of troop leader; office of general, command, generalship," and indicates a high level plan to achieve one or more goals under conditions of uncertainty. So, what’s your strategy for managing company data?For sure, a company’s material masters could exist in an uncertain environment that requires both planning and maintenance to keep data consistent, clean and reliable.More and more big companies are investing in big data and reaping the rewards and insights that successful management of it brings. However, there is a hidden threat that can cause multiple issues, including wasteful [...]

Implications of Failing to Create Good Material Masters

By |2019-08-07T13:25:18+00:00January 4th, 2019|Quick Reads|

Is your company struggling with duplicate purchases, increased purchase order costs, limited spend capability, or perhaps grappling with the impaired ability to locate inventory items?If so, you may be unaware that many of these issues stem from bad data almost invisibly embedded in your material masters. What’s worse, as time goes by the problem only increases in both scope and size unless something is done to restore your material masters to unspoiled condition.Fortunately, with help from QuadraDot’s Granite Material Masters™ software it’s possible to untangle the Gordian Knot of bad master data and transform it into an asset that can [...]

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