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Analysis of spend by vendor through the analysis of the vendor master file, includes de-duplicating vendor accounts and assigning an eOTD class to vendor accounts. The eOTD class should be translated to a hierarchical classification (UNSPSC, eCl@ss, CPV, Custom classification) through a look up table. May include identifying family trees and grouping spend by ultimate parent company. The purpose of the analysis is to support vendor optimization programs which typically involve assessment of risk by class and a plan to either increase vendor numbers to mitigate risk or to decrease vendor number to improve pricing.
In addition to the basic spend analysis this includes assigning an eOTD class to line item detail typically contained on purchase orders or invoices. The purpose of the analysis is similar to the basic spend analysis with the added ability to optimize the sourcing of classes of items between vendors to further mitigate risk and improve pricing.
This usually includes merging data from multiple sources and consists in assigning an eOTD class as well as developing and applying an eOTD Identification Guide (cataloging template) for each identified class. Typically includes gap analysis and researching missing data as well as the development of standardized short and long ERP descriptions using the eOTD recommended abbreviations. May include developing and deploying vendor data integration solutions as well as data validation (such as address or part number correction). The purpose of this work is to identify duplicates in the Master Data and improve descriptions for analysis, contracting and supply chain management.
Typically allow operators to review existing descriptions and identify an appropriate eOTD class as well as develop and apply an eOTD Identification Guide as a cataloging template. May include the ability to access shared cataloging resources such as the ECCMA Global Item Registry. May also include the creation of standardized short and long descriptions using the eOTD recommended abbreviations
Typically allow operators to select and eOTD class and enter data in accordance with a selected eOTD Identification Guide. May include the ability to access shared cataloging resources such as the ECCMA Global Item Registry. May also include the creation of standardized short and long descriptions using the eOTD recommended abbreviations. May be stand alone or used in conjunction with an ERP system. May allow bulk upload of vendor catalogues in ISO 22745 catalogue exchange format (eOTD-r-XML).
Typically used in manufacturing environments as a link between the design and ERP systems. Will include many features of cataloging applications. May be able to use eOTD-i-XML as a data requirement request and generate ISO 22745 catalogue exchange format (eOTD-r-XML) as output.
Typically used in manufacturing environments as a link between the design and ERP systems. Will include many features of cataloging applications. May be able to use eOTD-i-XML as a data requirement request and generate ISO 22745 catalogue exchange format (eOTD-r-XML) as output.
Typically used in manufacturing environments as a link between the design and ERP systems. Will include many features of cataloging applications. May be able to use eOTD-i-XML as a data requirement request and generate ISO 22745 catalogue exchange format (eOTD-r-XML) as output.

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Master Data Quality Manager Certification

Note: One free hard copy MDQM Certificate with live signature on completion of online or in person MDQM Certification for only Members ($50 Complimentary)

Free (e-certificate)
$50 For printed and signed certificate

Note: One free hard copy MDQM Certificate with live signature on completion of online or in person MDQM Certification for only Members ($50 Complimentary)