Master Data

At QuadraDot, our consulting division often gets approached with the following project proposal: go through the master data of a company and standardize all names and descriptions so that our master data will finally be clean. While we have the knowledge and ability to complete this task, the reality is that this is at best a temporary solution and at worst, a complete waste of time and money.When a company has existing material descriptions, they very often do not exist in a vacuum. The purchasing department as well as engineers, mechanics and warehouse staff are usually, in some form or [...]

In today’s über-competitive marketplace, it’s no surprise to anyone that how an enterprise does business is in a process of metamorphosis. Rapidly disappearing into the mists of time is the old model where a storekeeper merely keeps his shelves stocked so that whenever customers stop by, they can choose from the selection of supplies currently on hand. Or, perhaps created to order like a merchant ship maker building a clipper ship for a waiting customer. Not that the old model has faded entirely, but today it’s inarguably an evolving marketplace, due largely to a transformation by digital technology.  According to [...]