Procurement Costs Supplier management can be expensive. Did you know that companies could save up to $6 million annually in supplier spend by leveraging trusted supplier data quality? * Cost efficiency, cost reduction, and spend analytics continue to be among the top business priorities in supply chain management (SCM) and procurement. According to Deloitte’s 2019... more
In a world of complex and integrated supply chains, your business’ success hinges on your supplier relationships. The way you interact with them is changing. Today, suppliers are viewed as strategic partners, which can help gain competitive advantages. In fact, procurement leaders consider supplier collaboration as the second most important area of focus after consolidating... more
If you are in supply chain, procurement or supplier management, you are probably aware of “The five data-driven supply chain killers”. But do you know how to fix them? A great chance to dive deeper will be Informatica World 2016, taking place from May 23-26, 2016 at Moscone West in San Francisco. You’ll get all... more
Supply chain compliance is among the top challenges leading supply chain and procurement organizations have to focus on. This blog provides four ways that will help you better achieve supply chain compliance.
Informatica's GDSN-Accelerator has been officially recertified by 1WorldSync, the leading global product information network and data pool solutions provider. The solution is also ready for GDSN Major Release 3 and upgraded to be MjR3 compliant, supporting new attributes and processes.
Starting December 1st, 2016, a new FDA menue labeling rule requires calorie information to be displayed on menus and menu boards of food chain establishments in the US with 20 or more locations.
Manufacturers and retailers of pre-packed food and beverage – especially those selling online – are affected by the European Food Information Regulation EU 1169/2011 since its introduction in December 2014. The regulation aims to make sure that consumers can make informed food buying decisions at the point-of-sale by giving them product information about quality, nutritional... more
Combined with Informatica’s GDSN Accelerator for CPG customers can easily link their backend systems with the GDSN (Global Data Synchronization) to deliver consolidated and reliable business-critical data to applications. Suppliers and retailers are able to share standardized product data, cut down the cost of building point to point integrations and speed-up new product introductions having access to the most accurate and current product information
Throughout the lifecycle of a consumable product, many parties are constantly challenged with updating and managing product information, like ingredients and allergens. Since December 13th, 2014, this task has become even more complex than before for companies producing or selling food and beverage products in the European Union due to the new EU 1169/2011 rules.... more
On December 13, 2014, the EU food information regulation 1169/2011 took effect. The new legislation requires that consumers be able to make informed purchases by ensuring that they have access to accurate product information. This information includes nutritional values, allergens and ingredients for any pre-packaged food or beverage products prior to purchasing them. Allergy statistics... more