Digital heartbeat of ISCM
With a new publication form, the Whitepapers, The Group of Analysts is focusing on exciting topics relating to the digital revolution at irregular intervals. This always happens in collaboration with a partner that has managed to convince us through its extraordinary performance.
For this Whitepaper we present parsionate as our partner. In this one, we have tackled the topics of Data Flux Index and the organisational implementation of Information Supply Chain Management in companies in the shape of an ISCM Advisory Board. ISCM is of crucial importance to companies’ persistence in an economic world marked by digital transformation. In practice, this is often underestimated, or simply not driven by the necessary assertiveness due to its complexity. The Data Flux Index is an important component on the path to excellent management of the Information Supply Chain. It allows the direct determination of positions with regards to data quality, data accessibility and data flow, therefore forming a significant foundation for digital strategy decisions in an increasingly interconnected world.
Digitalisation projects are making increasingly high demands on information and processes within the entire ISCM system landscape. The connection of various software solutions is a particularly important challenge. Projects raise specific questions that require an answer. These questions might concern the quality of the data present in the company, or the level or entrepreneurial skill for providing the data in the required quality for the respective process, for example. Attention therefore has to be given to the quality of data, the accessibility of data, and the flow of data in line with the performance of the data provision. The Data Flux Index (DFI) can be determined through a combination of these three dimensions. It describes the excellency in the information basis during digitalisation projects.
Get the PDFs for free to receive more information on the Data Flux Index.
For more information about parsionate visit www.parsionate.com
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