Netrics Matching Engine
Find
Supply ChainSupply Chain
Enable SCM to realize its potential
Matching data is a fundamental requirement of virtually every business process used to manage the supply chain
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You need to match components to BOMs and suppliers. You’re trying to gain a consolidated view of your purchasing across the enterprise, and matching this information to pricing and inventories, both in-house and with your partners. You need to match bids to purchase orders to invoices and payments, and to keep track of components and finished goods as they flow from your suppliers through to the end user.
Unfortunately, inconsistencies in component descriptions, part numbers, and other information can make it difficult to match information from different sources. For example, in a recent study, a $500 million retailer found it could match up only 53% of invoices with the appropriate purchase order. Similarly, The Automotive Aftermarket Industry Association found that less than half of automotive parts records were accurately synchronized between suppliers and resellers. 45% contained unidentifiable or inconsistent part numbers, 4% contained inaccurate price information, and 5% provided inaccurate inventory levels.
Netrics makes it possible to increase matching accuracy despite the variations and inconsistencies that fool conventional software.
With Netrics you can:
- Find – records that contain inconsistent or misleading data, despite variations that confuse existing systems;
- Clean – Identify and prevent duplication of slightly-altered or variant records which can’t be matched by conventional software;
- Link – accurately correlate records from multiple sources
