The COVID-19 (coronavirus) outbreak that started recently in Wuhan China is having a ripple effect across the world.
This has the potential to be a major disrupter of international supply chains. The impact of this will be more fully identified in due course.
However, in the short-term, it is incumbent on companies that rely on spare parts sourced from China to consider their response to the potential supply chain interruption.
To help you develop your risk management plan we have developed a five-point V.I.R.U.S response plan.
If the coronavirus is likely to impact your spare parts supply chain, here is what you should do right now.
Use this link to read the article http://bit.ly/VIRUSPlan
The Top 7 Criteria for Next-Generation Master Data Management (MDM)
As organizations take in more data from a growing array of applications and sources, managing its consistency and accuracy is critical.
But getting MDM “right” is fundamental. It requires a strategic mix of data architecture, business process, governance, metrics, and more.
With the right foundation, and digitalization advances, including the ability to scale big data in the cloud, leading organizations can leverage data-driven insights to adapt based on changing business conditions.
In a really insightful infographic, Sphera, a member of our Spare Parts Alliance, outlines the 7 criteria essential for an MDM solution to thrive and produce strong return on digital investment.
Use this link to download your copy. http://bit.ly/MDM_Info_Graphic
