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Information Quality Applied: Best Practices for Improving Business Information, Processes and Systems
book

Information Quality Applied: Best Practices for Improving Business Information, Processes and Systems

by Larry P. English
October 2009
Beginner to intermediate content levelBeginner to intermediate
839 pages
29h 16m
English
Wiley
Content preview from Information Quality Applied: Best Practices for Improving Business Information, Processes and Systems
Chapter 11 n IQ Applied to Supply Chain Management 507
Applying Quality to Supplier and
Competitor Product Information
Faulty Information about Suppliers’ Products can cause failure in their or your
Manufacturing processes. Failure to understand the competition can lead to missed
opportunities for improvement.
Supplier and Competitor Product Information Quality Issues
Common IQ issues and their costs in the Supply Chain failure include those
listed in Table 11-5.:
Table 11-5: Information Quality Issues and Costs in Supplier Product Information
IQ ISSUES COSTS OF POOR INFORMATION QUALITY
Inaccurate, ambiguous, or
unclear Product data names
and definitions in Supplier
Product Information
Can cause mismatch to your Product components
and materials, causing costs of Production failure
and Product Scrap and Rework.
Mismatch in Data Definitions
and Database Designs within
an organization and across
Trading Partners
Can cause confusion as to what Parts or Materials
are right for your Products.
UOM mismatch or ambiguity Wrong quantities received or shipped
Product label and Product
ingredient mismatch
Can violate Truth-in-Advertising laws with fines,
and could harm Consumers with further fines.
Lack of Standards for
exchanging Information
Can lead to increased incidences of miscommuni-
cation and mismatch of parts to Products.
Errors in mapping Supplier to
buyer organization Product
Information
Can c ...
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Publisher Resources

ISBN: 9780470134474Purchase book