DataFlux Accelerator for Materials Data Classification
The DataFlux Accelerator for Materials Data Classification offers a faster way to enhance your product and item data. DataFlux technology matches your product and item data with any type of classification codes – industry standards such as eCl@ss, UNSPSC and GS1, as well as custom codes developed within your organization. These codes provide a standardized way to organize and segment information on spending patterns and create a foundation for spend analysis and master data management (MDM) efforts.
This DataFlux Accelerator intelligently automates the process of appending standardized product codes onto the data that describes the parts, supplies and other materials your company purchases. The result is smoother and improved operations along your supply chain, improved relationships with your existing suppliers and an increased ability to compete in new markets.
Features and Functionality
Like all DataFlux technology components, the Accelerator for Materials Data Classification employs an intuitive interface that allows business users to drive the process of assigning data elements to inventory. The interface also lets you refine how your inventory and items match with standard classification schemes, driving improved profitability by giving you more insight into direct and indirect spend.
Features
- Improve inventory and item data for better internal and supply chain management
- Append any standardized or custom product codes
- Simplify spend analysis and procurement management by correctly and universally coding inventory
Functionality
- Choose from batch or real-time support
- Save matches identified by the user in a reference database to streamline future classification processes
- View product and code matches through a web-based match reviewer application
- Append any classification standards, including eCl@ss, UNSPSC, GS1 and custom coding systems
- Set configurable thresholds for scoring and match confirmation
- Generate valuable reports in multiple output formats
- Customize synonym, noise word and normalization tables