Whenever you have to create a new master data like new business partner, customer, supplier or material, you need to contact multiple stakeholders. Most of the time all the stakeholders might not be available in time or they miight not have information to provide in hand. This delays the master data creation process and sometimes takes several days. In today's digital era, such inordinate delays are not acceptable for any enterprise.
Propedia is just such as Cloud service which provides such a trustworthy data and makes it available to you on few clicks!
CodaSol's Material Data Experts have curated and organized Material Data across mulitple industries over the last decade. Propedia is also continuously updated every day with new material codes and information added to the database as new products and equipments enter into the market.
With Propedia as the underlying tool, CodaSol's MasterData as a Service can help enterprise keep their Master Data always up to date.
More than anything else, Cost-Quality Trade Off determines the specifications of a Product. Hence Every Enterprise requires its own standards for specifying the product attributes based on the cost and quality needs of the enterprise. This standard directly influences the specifications of the materials within that enterprise's context. Hence the product specifications which are right for one enterprise might under-specified or over-specified for another. As The Right Specification Standard for a Product determines its alternate or equivalent product, A Data Integrity Framework needs to be established.
The Key Elements of a Data Integrity Framework are as follows:
Data Enrichment comprises of all the activities which ensures the Data Quality and Data Integrity of the Enterprise Information Systems. Data Encrichment Service ensures that an All Master Data in the Enterprise have the "right-specification". CodaSol Data Enrichment Service is not only an offline, once-in-a-while data auditing process, but an online activity that needs to be performed with every master-data updation.
CodaSol Data Enrichment Service is also provided as an online process or embedded workflow process. The Key types of activities which comprise a complete Data Enrichment Service include