Industry Blog
The Critical Importance of Master Data Governance – Mitigating Compliance Risks
US regulators fine Citi $136 million for failing to fix longstanding data issues WASHINGTON, July 10 (Reuters) - U.S. bank regulators fined Citigroup (C.N), opens new tab $136 million for making "insufficient progress" fixing data management issues identified in 2020...
What is the Difference Between Master Data Management and Master Data Governance?
The growing importance of data in driving business decisions has led organizations to focus on data governance. Data governance ensures that data is accurate, consistent, and accessible to the right people at the right time. In this article, we will explore the various data governance roles and their responsibilities, which are essential for implementing an effective data governance strategy.
An Integrated Approach: Defining Principal Elements of Sales and Operations Planning
Sales and Operations Planning is a discipline businesses employ to remain dynamic and agile amidst today’s global competitive environment and achieve long-term organizational success.
An Era of Turbulence: Three Ways to Rethink Supply Chain Resilience
Today’s tense global conflicts have forced companies – both big and small – to rethink how they operate their supply chains. Out of this chaos has emerged an unfamiliar supply chain landscape that seems to require more art than science to navigate.
How Agile is Your S&OP Process?
Establishing an agile Sales and Operations Planning (S&OP) process is imperative to manage, understand and evaluate the supply chain to prevent future disruptions. But what steps should be taken to ensure your S&OP processes remain successful and resilient?
Inventory Ownership: How Accountability Impacts Your S&OP Process
In order to maintain a successful planning process, organizations need to be able to quickly identify and remedy excess inventory. This task can be difficult and is often overlooked, as it requires a great deal of accountability and discipline from all members of the organization.