Part 7/14:
Connections between demand, inventory, supply, and manufacturing data should be established, enabling synchronized planning. For instance, knowing current inventory levels in real-time allows precise demand forecasting and optimized production.
3. Establish Robust Data Governance
Implement clear policies to regulate data creation, access, and modification. This ensures compliance, reduces human errors, and maintains data quality across the enterprise.
4. Empower Business Users
Data must be democratized—accessible and understandable to non-technical stakeholders. This enhances agility and reduces reliance on isolated teams, enabling faster decision-making.