Comments on: Optimizing and Integrating Supplier Data Enrichment Data Into Your Spend Intelligence Warehouse http://www.esourcingforum.com/archives/2009/12/28/optimizing-and-integrating-supplier-data-enrichment-data-into-your-spend-intelligence-warehouse/ The source of information and best practices in strategic sourcing. Tue, 10 Jan 2012 21:21:12 +0000 hourly 1 By: Prashant Mendki http://www.esourcingforum.com/archives/2009/12/28/optimizing-and-integrating-supplier-data-enrichment-data-into-your-spend-intelligence-warehouse/comment-page-1/#comment-11749 Prashant Mendki Thu, 07 Jan 2010 09:34:03 +0000 http://www.esourcingforum.com/?p=35998#comment-11749 A complex process very nicely described with simple steps. As per my experience, its step by step process to execute easy to say than done. E.g when you say parent child linkages it involves cleansing and stadardizing vendor base - which will increase your match rate. Enriching information for address, city, state, country zip. Then trying to match and deduplicate record set - to avoid redundancy and shrink base set. Then trying to seperate employees or individuals - so you avoid wasting time on non vendor records. Once you have clean, deduplicated enriched dataset - you have to have latest vendor information from reliable sources to know who is parent of whom and child of whom. Then diversity identification could be another area in vendor enrichment. -Prashant Mendki http://manageyourdata.blogspot.com A complex process very nicely described with simple steps. As per my experience, its step by step process to execute easy to say than done. E.g when you say parent child linkages it involves cleansing and stadardizing vendor base – which will increase your match rate. Enriching information for address, city, state, country zip. Then trying to match and deduplicate record set – to avoid redundancy and shrink base set. Then trying to seperate employees or individuals – so you avoid wasting time on non vendor records. Once you have clean, deduplicated enriched dataset – you have to have latest vendor information from reliable sources to know who is parent of whom and child of whom. Then diversity identification could be another area in vendor enrichment.

-Prashant Mendki
http://manageyourdata.blogspot.com

]]>