The retail supply chain, like the elephant, has many separate but interrelated parts, and none of these parts, taken out of context, can complete the picture. In order to enable a complete view of the retail supply chain, the master data must be accurate and consistent between systems. Ultimately, centralized and uniform master data is the foundation for creating an integrated, flexible and adaptable supply chain, making it possible to maintain perpetual inventory, optimize ordering, run more effective promotions and create a more efficient, more profitable organization.
About the Authors: Neil Thall is CEO and Derek Corrick is Senior Implementation Consultant at Aldata Solution, a global provider of retail software solutions. www.aldata-solution.com.