What is Supplier Data Management?

High-quality supplier data is crucial for:

• Improving visibility across the supply chain
• Reducing procurement risks and ensuring compliance
• Supporting supplier performance analysis and negotiations
• Preventing duplication and inconsistencies across ERP and procurement systems
• Enabling effective Supplier Spend Analysis and cost savings initiatives

Without structured Supplier Data Management, organizations face challenges such as incorrect vendor payments, contract risks, and procurement inefficiencies.

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Sharecat Data Services helps organizations cleanse, standardize, and enrich supplier master data to ensure it is accurate, reliable, and business-ready. We provide:

• Deduplication and validation of supplier records
• Alignment with UNSPSC Codes and other global standards
• Integration of supplier data into ERP, EAM, and procurement systems
• Ongoing governance to maintain supplier data quality at scale

By applying structured Supplier Data Management, Sharecat enables companies to improve procurement efficiency, reduce risk, and unlock new value in their supply chains.

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