Tag Archives: e-procurement catalogue

Has the Chief Data Officer come to embrace Purchased Product Masters?

Has the Chief Data Officer come to embrace Purchased Product Masters?

  The Purchased Product master can envelope multiple master domains depending on a company’s core industry.  For process manufacturers, petro chemical and Oil & Gas production sectors, purchased product masters contain the golden records for Maintenance, Repair and Operations items.   For Distributors and even Retailers, the Purchased Product masters

ItemMaster_Procurement

Leveraging Item masters in Procurement

Leveraging Item or Material masters in Procurement is certainly not new. As a standing best practice, there are simply different approaches that Procurement has taken. Creating a central repository in the ERP/MR for direct and production related indirect material has been implemented for years in most discrete and process manufacturing