Posts

Showing posts from November, 2020

MASTER DATA MANAGEMENT FOR LOGISTICS

Image
  Big Data has already established its place on the horizon, as postmodern technologies user in a new era of global business. It is hailed as the cure for every problem, the key to scaling up and the difference between guess-work and insightful decisions. Big Data does indeed do all of these things, but it is by no means a magic wand. Just generating  big data solutions  is not enough. In fact, big vaults of data are more confusing than they are insightful! Big Data represents individual pieces of a puzzle, which are useless without someone to put them together. Master Data Management (MDM) puts the different pieces together and makes the puzzle meaningful. It is a 360-degree data architecture of all domains of a business – customers, employees, products, vendors, etc. As global distribution networks have become increasingly complex, the landscape of Logistics Management has changed drastically over the last 20 years. Most notable have been the vehement drive to cut ...