Electronic Supply Management Group

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Discussion Groups:
Supplier
Sourcing
Requisition - PO
Contract Mgmt
Transportation
Receipt - Pay
Asset Mgmt
Data

Data Management

Group Leader: Ken Wellington

Considerations:

Data has been around for a long time, it is the first element that happens in the supply change and the last element that is considered. In the supply chain arena the use of eSourcing is and will become more prevalent. Data is the foundation of communication will become more and more important as we more foreword in the use of e-tools. There are certain considerations, which must be considered as we develop data or fix the data we have. These considerations may be classified into the following categories:

-Identification number (considering the dot dash comma and spaces) – description (noun, adjectives, and attributes) - taxonomy – Data sourcing – Data Cleansing - Data scrubbing – Data warehousing – Electronic Data storage - Data management - Data architecture

Conclusion:

The information given above are some of the elements of consideration in which each professional must deal with on a daily bases. Planning and execution are the key areas in development and/or correction of data. Without go reliable, understandable, and retrievable data, it becomes very difficult to maneuver in electronic commerce arena. However, by communicating with the members of the ECMG may be an additional resource in your thought process.

Perspective:

It should be understood that change is happening daily and the requirements for clear data communication is imperative. ESourcing is moving faster and faster and if the data transmitted is not understandable or missing many deals can and will be delayed. As eSourcing grows from the use in the United States to the globe, the data we present will have a large bearing on the processing time in the supply chain.

Several key issues should be considered when developing your data. Some of these issues are as follows:

• Development of the SKU and the use on numbers, dots – dashes – or other attributes such as Alfa characters.

• The use of noun as the first step in the item description

• After the noun you would use any adjectives to describe the item

• From the adjective all the attributes such as materials, sizes, color, est.

• Defining the unit of Measure and item is carried in and the value of the unit

These are just a few of the ways data should be developed.

 In e-commerce data is the foundation to communicate. The data must be able to be stored retrieved and transmitted in both this country and others.

In the electronic world of e-sourcing data is King the more you have and be able to retrieve quickly and accurately the better informed you can be the better decisions can be made

 

Tools

Like anything else in the world of communication, it is not easy and may become very challenging, unless we use some fundamentals to work with. Listed below are some basic definitions to work with:

  • Data mining (DM), also called Knowledge-Discovery in Databases (KDD) or Knowledge-Discovery and Data Mining, is the process of automatically searching large volumes of data for patterns using tools such as classification, association rule mining, clustering, etc.. Data mining is a complex topic and has links with multiple core fields such as computer science and adds value to rich seminal computational techniques from statistics, information retrieval, machine learning and pattern recognition.

  • A data warehouse is a computer system designed for archiving and analyzing an organization’s historical data, such as sales, salaries, or other information from day-to-day operations.  Normally, an organization copies information from its operational systems (such as sales and human resources) to the data warehouse on a regular schedule, such as every night or every weekend; after that, management can perform complex queries and analysis (such as data mining) on the information without slowing down the operational systems.

  • Taxonomy; from Greek verb τασσεν or tassein, "to classify", and νόμος or nomos, "law", "science".Originally the term only referred to the science of classifying living organisms (alpha taxonomy); however, the term was later applied in a wider sense and, now, may be used to either refer to a classification of things, or the principles underlying that classification. Almost anything, animate objects, inanimate objects, places, and events, may be classified according to some taxonomic scheme. Taxonomies, which are composed of taxonomic units known as taxa (singular taxon), are frequently hierarchical in structure, commonly displaying parent-child relationships. The term taxonomy may also apply to relationship schemes other than hierarchies, such as network structures. Other taxonomies may include single children with multi-parents, for example, "Car" might appear with both parents "Vehicle" and "Steel Mechanisms"; to some however, this merely means that 'car' is part of several different taxonomies. A taxonomy might also be a simple organization of objects into groups, or even an alphabetical list. In current usage within "Knowledge Management", taxonomies are seen as slightly less broad than ontologies.  Mathematically, a hierarchical taxonomy is a tree structure of classifications for a given set of objects. It is also named Containment hierarchy. At the top of this structure is a single classification, the root node, that applies to all objects. Nodes below this root are more specific classifications that apply to subsets of the total set of classified objects. So for instance, in common schemes of scientific classification of organisms, the root is called "Organism" followed by nodes for the ranks: Domain, Kingdom, Phylum, Class, etc.

  • Electronic data storage is storage that requires electrical power to store and retrieve data. Most storage devices that do not require visual optics to read data fall into this category. Electronic data may be stored in either an analog or digital signal format. This type of data is considered to be electronically encoded data, whether or not it is electronically stored. Most electronic data storage media is considered permanent (non-volatile) storage, that is, the data will remain stored when power is removed from the device. In contrast, electronically stored information is considered volatile memory  With the exception of barcodes and OCR data, electronic data storage is easier to revise and may be more cost effective than alternative methods due to smaller physical space requirements and the ease of replacing (rewriting) data on the same medium. However, the durability of methods such as printed data is still superior to that of most electronic storage media. The durability limitations may be overcome with the ease of duplicating (backing-up) electronic data.

  • Data management comprises all the disciplines related to managing data as a valuable resource. The official definition provided by DAMA is that "Data Resource Management is the development and execution of architectures, policies, practices and procedures that properly manage the full data lifecycle needs of an enterprise." This definition is fairly broad and encompasses a number of professions which may not have direct technical contact with lower-level aspects of data management, such as relational database management.

  • Data architecture describes how data is processed, stored, and utilized in a given system. It provides criteria for data processing operations that make it possible to design data flows and also control the flow of data in the system.  Data architecture is a term commonly used in one of two senses:

  • A SKU or Stock Keeping Unit is an identifier that is used by merchants to permit the systematic tracking of products and services offered to customers. (It can be pronounced as either skew or "ess-kay-you".) Usage of the SKU system is rooted in the drill down method, pertaining to data management. SKUs are assigned and serialized at the merchant level. Each SKU is attached to an item, variant, product line, bundle, service, fee or attachment

  • The definition, agreement and practical use of units of measurement have played a crucial role in human endeavour from early ages up to this day. Disparate systems of measurement used to be very common. Now there is a global standard, the International System (SI) of units, the modern form of the metric system. The SI has been or is in the process of being adopted throughout the world. The United States of America is almost certainly the last to adopt the system but even there it is increasingly being used.  In trade, weights and measures are often a subject of governmental regulation, to ensure fairness and transparency. The Bureau international des poids et mesures (BIPM) is tasked with ensuring worldwide uniformity of measurements and their traceability to the International System of Units (SI). Metrology is the science for developing national and internationally accepted units of weights and measures.  In physics and metrology, units are standards for measurement of physical quantities that need clear definitions to be useful. Reproducibility of experimental results is central to the scientific method. A standard system of units facilitates this. Scientific systems of units are a refinement of the concept of weights and measures developed long ago for commercial purposes.

The above definitions come from Wikipedia encyclopedia.

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  • Page last updated  12/28/2006