Cognizant Insights. Executive Summary. Overview
|
|
|
- Dorothy Wilcox
- 10 years ago
- Views:
Transcription
1 Automated Product Data Publishing from Oracle Product Hub Is the Way Forward A framework using Oracle tools and technologies to publish products from Oracle Product Hub to disparate product data consuming applications. Executive Summary Having accurate and up-to-date product data in an enterprise is a key to improving customer experience. Oracle Product Hub, along with a configurable publishing mechanism, helps in sharing clean product information as a single source of truth across enterprise applications. This process demands an effective framework, to standardize the product publishing process automatically from Product Hub, with configurable business criteria built in. This paper deals with a common framework for the product data publishing process, with business validation for each target system, which will improve productivity significantly with a user interface for configuring business criteria for data dissemination. The key business benefit from this is a simple, fast and automated publishing mechanism from Product Hub and easy on-boarding of new product data consuming systems, without any additional development effort. Overview Over the past few decades, organizations have invested heavily in IT, which has helped them improve their supply chain efficiency. But this has resulted in master data spread being across multiple systems in the organization, which is in a constant state of flux. This is a major challenge and organizations today are countering it by employing master data solutions in the enterprise. Where this is not implemented, ignoring data management may impact the ability to deliver the key enterprise functions and processes. Inaccurate product data is a leading source for process inefficiencies in any business, which leads to: Fragmented and duplicate information, leading to supply chain inefficiency and process inefficiencies in warehouse management, sourcing, replenishment, supplier payment processing, etc.? Continuously evolving information, resulting in lost market opportunity.? Low data quality, leading to bad user experience in channels where the end customer is not able to touch and feel the product.? Difficulty achieving harmonized information sharing among organizations and trading partners, with an inadequate data collaboration mechanism. Product Hub needs to provide a common definition of the product across the organization. And to publish product information for multiple downstream applications, for performing different business processes around product data in downstream applications.
2 One of the key challenges for most of the organizations implementing the Product Hub solution is to automate the product dissemination process, satisfying business criteria and validation without manual intervention. Whitespace Analysis Our Oracle Solutions Practice provides services ranging from business consulting to application maintenance across Oracle s entire solution suite. Product Hub is to distribute data as a single source of truth for consistent enterprise view. A typical business scenario demands data managed in Product Hub is published/ Configurable Publishing Analysis interfaced automatically, without manual intervention, based on predefined business criteria. Business criteria include mandatory validations, conditional validations based on product lifecycle stage, data completeness check, payload and frequency, etc. These business criteria need to be user configurable in Product Hub for business flexibility. Oracle Fusion Applications offers tools and middleware to perform the product publishing process, but there are no standard frameworks prescribed by Oracle to facilitate the automatic publishing process. Identify Eligible Items for Distribution Automatically Identify Item for Different Systems Configurable Publishing Automatically Identify Data Entities for Different Systems Manage Payload Type for Each Downstream Figure 1 We propose a framework for publishing product data from Product Hub that will address the above identified gaps. Our automatic publishing mechanism greatly aids efficient data dissemination and provides easy on-boarding for new consumption/destination systems. Product Data Publishing Mechanism To get the most out of Oracle Fusion Product Hub and to streamline the business process, we propose a mechanism to identify, validate and publish products from Product Hub. Our product data publishing mechanism comprises three key components: Setup framework: For managing business criteria, conditional validations and destination systems, data requirements for each destination systems and payload requirements by business users. Service to identify products: Service to identify products that are eligible for publishing for each destination system and flag. Service to publish: Service to bundle the products for each destination system and publish in outbound publishing interface tables. And trigger middleware BPEL components to pick up and interface with destination systems. 2
3 Publishing Mechanisms PDM UI for Managing Business Criteria Service Identify Service Publish Trading Partners Enterprise System(s) Enterprise System(s) Fusion Product Hub Oracle Cognizant Solution In-house/External system Figure 2 Why Auto Product Data Publishing? In most organizations where the Product Hub solution is implemented, a key challenge is to perform validations specific to each target system and disseminate the product information to multiple downstream applications automatically. This ensures real-time data synchronization across the enterprise. Real-time data synchronization is required in most of the scenarios where information is continuously managed from multiple trading partners, data pools and product data management teams in the organization. This will ensure that the right data is synchronized with downstream applications to improve supply chain efficiencies and customer experience and to realize the true benefits of implementing the Product Master Data Management (PMDM) solution. Data Validations Product information needs vary for different consuming applications and may involve different sets of validations to be performed on the data. And these validations will differ for organizations and businesses. This is handled by the framework proposed in this solution, where users can define business rules and validations to be performed in Product Hub through the user interface designed for this purpose. 3
4 List of Data Validations Mandatory Validations Target-specific validations to ensure mandatory product data availability before dissemination. Conditional Validations Target-specific validations based on product life stage. Data Completeness Check Target-specific data completeness check before publishing product information to downstream systems. Business-Line-Specific Validations For different lines of business/product categories, business validations vary for each target system. Payload and Frequency Target-specific needs on payload information and frequency will be looked at by service before the product is flagged and published. Data Consuming Applications Newly built service will make use of consuming application information to decide on the batches and hence make onboarding easier. Figure 3 Solution Design Principle and Process Oracle Fusion Product Hub is a single source of truth for all product information across the enterprise. Easy on-boarding of new downstream systems for data integration/publishing from Product Hub with no additional development effort in Product Hub. Business criteria/rules for publishing product data are configurable by business users. Solution Design Process Define metadata in Product Hub. Set up products in Product Hub or induct products from upstream systems. Define entities to be published to different target systems. Define business criteria specific for each target system to identify products to distribute. Manage data in framework through UI for data publishing. Service to run as designed and fetch the rules/information captured in the framework for publishing. Products identified for different target systems and flagged. Products are bundled and published for each target systems with batch tag. Figure 4 4
5 Benefits: Automated Data Publishing Framework Our product data publishing mechanism is an effective accelerator that facilitates any organization s data interfacing needs and makes it simpler between Product Hub and downstream applications. It helps in: Reducing cost by eliminating extensions for target-specific needs. Eliminating developmental efforts for adding additional data entities for interfacing after go-live. Eliminating developmental efforts for onboarding new destination systems for Product Hub. Automating product data publishing from Product Hub based on predefined rules. Shortening implementation time. Enhancing business performance. Supporting multi-tenancy and internationalization needs. Conclusion Oracle Product Hub, together with our solution for sharing clean product information, ensures the completeness of a PMDM solution for any organization, without the need for continuous developmental efforts. This could prove to be a powerful platform for organizations to derive real business benefits out of the Product Hub solution. About the Author Nandakumar Balasubramanian is a Project Manager with Cognizant s Oracle Solutions Practice and has over 10 years of experience with five years in product master data management. Nandakumar has extensively worked for clients in retail, high tech and publishing industry domains. He provides process, domain and technology consulting and has extensive experience in business process analysis, solution design and implementation in the area of product data management. He holds a bachelor's degree in engineering with specialization in mechanical engineering. He can be reached at [email protected]. About Cognizant Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 150,400 employees as of September 30, 2012, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at or follow us on Twitter: Cognizant. For more information on our Oracle Solutions, contact us at [email protected] or visit our Web site at World Headquarters European Headquarters India Operations Headquarters 500 Frank W. Burr Blvd. Teaneck, NJ USA 1 Kingdom Street Paddington, Central #5/535, Old Mahabalipuram Road Okkiyam Pettai, Thoraipakkam Phone: London W2 6BD Chennai, India Fax: Phone: +44 (0) Phone: +91 (0) Toll Free: Fax: +44 (0) Fax: +91 (0) [email protected] [email protected] [email protected] Copyright 2013, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned herein are the property of their respective owners.
LifeEngage : The Life Insurance Platform for the Digital-Age Insurer
Cognizant Solutions Overview Solution Overview LifeEngage : The Life Insurance Platform for the Digital-Age Insurer 1 LifeEngage Solution Overview Cognizant Solutions Overview Digital forces are disrupting
Making Multicloud Application Integration More Efficient
Cognizant 20-20 Insights Making Multicloud Application Integration More Efficient As large organizations leverage the cloud for more and more business functionality and cost savings, integrating such capabilities
Credit Decision Indices: A Flexible Tool for Both Credit Consumers and Providers
Cognizant 20-20 Insights Decision Indices: A Flexible Tool for Both Consumers and Providers Executive Summary information providers have increased their focus on developing new information solutions, enriching
Cognizant assetserv Digital Experience Management Solutions
Cognizant assetserv Digital Experience Management Solutions Transforming digital assets into engaging customer experiences. Eliminate complexity and create a superior digital experience with Cognizant
Extending Function Point Estimation for Testing MDM Applications
Cognizant 20-20 Insights Extending Function Point Estimation for Testing Applications Executive Summary Effort estimation of testing has been a much debated topic. A variety of techniques are used ranging
> Cognizant Analytics for Banking & Financial Services Firms
> Cognizant for Banking & Financial Services Firms Actionable insights help banks and financial services firms in digital transformation Challenges facing the industry Economic turmoil, demanding customers,
ICD-10 Advantages Require Advanced Analytics
Cognizant 20-20 Insights ICD-10 Advantages Require Advanced Analytics Compliance alone will not deliver on ICD-10 s potential to improve quality of care, reduce costs and elevate efficiency. Organizations
Cognizant Mobile Risk Assessment Solution
Cognizant Solutions Overview Solution Overview Cognizant Mobile Risk Assessment Solution 1 Mobile Risk Assessment Solution Overview Cognizant Solutions Overview Transforming Risk Engineering, Field Underwriting
How To Choose A Test Maturity Assessment Model
Cognizant 20-20 Insights Adopting the Right Software Test Maturity Assessment Model To deliver world-class quality outcomes relevant to their business objectives, IT organizations need to choose wisely
Two-Tier ERP Strategy: First Steps
Cognizant 20-20 Insights Two-Tier ERP Strategy: First Steps Monolithic ERP solutions are often too complex, slow and expensive to manage in perpetuity; hybrid solutions that combine on-premises/ cloud-hosted
Driving Innovation Through Business Relationship Management
Cognizant 20-20 Insights Driving Innovation Through Business Relationship Management BRM organizations take the IT-business partnership to the next level, enabling technology to transform business capabilities.
Transform Customer Experience through Contact Center Modernization
Cognizant Healthcare Solution Overview Transform Customer Experience through Contact Center Modernization Improve customer experience and reduce costs with next-generation contact center services Health
How Healthy Is Your SaaS Business?
Cognizant 20-20 Insights How Healthy Is Your SaaS Business? ISVs can t know for sure unless they apply a structured approach to software-as-a-service performance monitoring. They can apply metrics and
Cognizant Mobility Testing Lab A state of the art Integrated platform for Mobility QA
Solutions Overview Cognizant Mobility Testing Lab A state of the art Integrated platform for Mobility QA Mobile App QA Reinvented: With the astounding proliferation of mobile devices, smartphones and tablets
A Tag Management Systems Primer
Cognizant 20-20 Insights A Tag Management Systems Primer Emergent tagging tools allow nontechnical resources to more effectively manage JavaScripts used by ad measurement and serving systems. Executive
Building a Collaborative Multichannel Insurance Distribution Strategy
Cognizant 20-20 Insights Building a Collaborative Multichannel Insurance Distribution Strategy A CRM-enabled agency management solution can help improve agency channel productivity and enable multichannel
Improve Sourcing and Contract Management for better Supplier Relationship
Cognizant Solution Overview Improve Sourcing and Contract for better Supplier Relationship Introduction Organizations consider sourcing and contract management as a source of competitive advantage in the
Key Indicators: An Early Warning System for Multichannel Campaign Management
Cognizant 20-20 Insights Key Indicators: An Early Warning System for Multichannel Campaign Management For pharmaceuticals companies, a careful analysis of both leading and lagging indicators for multichannel
Complaints Management: Integrating and Automating the Process
Cognizant 20-20 Insights Complaints Management: Integrating and Automating the Process To strengthen their brand and fortify customer relationships, device manufacturers require a standards-based, next-generation
Virtual Clinical Organization: The New Clinical Development Operating Model
Cognizant 20-20 Insights Virtual Clinical Organization: The New Clinical Development Operating Model Executive Summary Clinical development executives are facing more pressure than ever to reduce costs
The Impact of RTCA DO-178C on Software Development
Cognizant 20-20 Insights The Impact of RTCA DO-178C on Software Development By following DO-178C, organizations can implement aeronautical software with clear and consistent ties to existing systems and
Maximizing Business Value Through Effective IT Governance
Cognizant 0-0 Insights Maximizing Business Value Through Effective IT Implementing a holistic IT governance model not only helps IT deliver business value but also advances confidence with business. Executive
Granular Pricing of Workers Compensation Risk in Excess Layers
Cognizant 20-20 Insights Granular Pricing of Workers Compensation Risk in Excess Layers Identifying risk at a granular level and pricing it appropriately will put carriers on a path to sound underwriting
> Solution Overview COGNIZANT CLOUD STEPS TRANSFORMATION FRAMEWORK THE PATH TO GROWTH
> Solution Overview COGNIZANT CLOUD STEPS TRANSFORMATION FRAMEWORK A comprehensive, tool-based framework speeds up the time to value for your cloud-enabled business transformation projects. It s accepted:
Agile Planning in a Multi-project, Multi-team Environment
Cognizant 20-20 Insights Agile Planning in a Multi-project, Multi-team Environment How organizations evolve to cope with the challenge of scaling Agile planning and improving its reliability. Executive
Agile/Scrum Implemented in Large-Scale Distributed Program
Cognizant 20-20 Insights Agile/Scrum Implemented in Large-Scale Distributed Program Executive Summary It was early July 2010 when problems were detected while running a large program at one of our clients
Open Source Testing Tools: The Paradigm Shift
Cognizant 20-20 Insights Open Source Testing Tools: The Paradigm Shift Executive Summary Businesses today demand faster time-to-market for their software products without significant expenditures in testing
Cognizant Mobility Testing Lab. The faster, easier, more cost-effective way to test enterprise mobile apps.
Cognizant Mobility Testing Lab The faster, easier, more cost-effective way to test enterprise mobile apps. Be Cognizant 2 MOBILE APP TESTING REINVENTED With Cognizant Mobility Testing Lab You Will Save
Creating Competitive Advantage with Strategic Execution Capability
Cognizant 20-20 Insights Creating Competitive Advantage with Strategic Execution Capability By embracing the Strategic Execution Framework, organizations can identify and resolve internal stress points
Proactive MDM: Marrying Master Data with Operational Processes to Elevate Business Value
Cognizant White Paper Proactive MDM: Marrying Master Data with Operational Processes to Elevate Business Value Executive Summary As the concept of master data management (MDM) has evolved and risen to
Cloud Brokers Can Help ISVs Move to SaaS
Cognizant 20-20 Insights Cloud Brokers Can Help ISVs Move to SaaS Executive Summary Many large organizations are purchasing software as a service (SaaS) rather than buying and hosting software internally.
Integrated Market Research: The Intelligence Behind Commercial Transformation
Cognizant 20-20 Insights Integrated Market Research: The Intelligence Behind Commercial Transformation To perform effectively in today s challenging economic conditions, pharma companies are weaving primary
Retail Analytics: Game Changer for Customer Loyalty
Cognizant 20-20 Insights Retail Analytics: Game Changer for Customer Loyalty By leveraging analytics tools and models, retailers can boost customer loyalty by creating a personalized shopping experience
Reducing Costs, Increasing Choice: Private Health Insurance Exchanges
Cognizant 20-20 Insights Reducing Costs, Increasing Choice: Private Health Insurance Exchanges Private exchanges provide payers with a competitive, value-generating solution to the challenges posed by
DevOps Best Practices: Combine Coding with Collaboration
Cognizant 20-20 Insights DevOps Best Practices: Combine Coding with Collaboration (Part Two of a Two-Part Series) Effectively merging application development and operations requires organizations to assess
Using Predictive Analytics to Optimize Asset Maintenance in the Utilities Industry
Cognizant 20-20 Insights Using Predictive Analytics to Optimize Asset Maintenance in the Utilities Industry By working proactively to collect and distill digital information, transmission and distribution
How To Know If A Project Is Safe
Cognizant 20-20 Insights Risk Mitigation: Fixing a Project Before It Is Broken A comprehensive assessment of unforeseen risks in the project lifecycle can prevent costly breakdowns at the testing stage.
Integrated Approach to Build Patient Adherence: Helping Pharmaceutical Companies to Enhance Growth
Cognizant White Paper Integrated Approach to Build Patient Adherence: Helping Pharmaceutical Companies to Enhance Growth Executive Summary Pharmaceutical companies have traditionally considered various
Migration Decoded. Cognizant 20-20 Insights
Cognizant 20-20 Insights Migration Decoded To keep pace with the unrelenting, swift pace of new technology, IT organizations need an integrated software migration framework that spans everything from effort
Business-Focused Objectives Key to a Winning MDM Implementation
Cognizant 20-20 Insights Business-Focused Objectives Key to a Winning MDM Implementation Successful MDM projects are defined by strong vision, structured business cases and a well-mapped ROI plan, all
Cognizant White Paper. > Casual Dining vs. Quick Service. Key differences from a Process-IT standpoint
Cognizant White Paper > Casual Dining vs. Quick Service Key differences from a Process-IT standpoint 1 The Restaurant Industry The Restaurant industry is one of the most fragmented industries that accounted
Don t Let Your Data Get SMACked: Introducing 3-D Data Management
Don t Let Your Data Get SMACked: Introducing 3-D Data Management As social, mobile, analytics and cloud continue to disrupt business, organizations need a new approach to data management that supports
Mortgage LOS Platform Evaluation and Selection
Cognizant 20-20 Insights Mortgage LOS Platform Evaluation and Selection A comprehensive and fact-based process that takes into account business goals, channels, target segments, products and investors
Innovative, Cloud-Based Order Management Solutions Lead to Enhanced Profitability
Cognizant 20-20 Insights Innovative, Cloud-Based Order Management Solutions Lead to Enhanced Profitability Executive Summary To contend with increasing product and service complexity, communication service
Securities Master Management Solution: The First Step Toward Credible STP
Cognizant 20-20 Insights Securities Master Management Solution: The First Step Toward Credible STP Executive Summary Reference data lies at the heart of the world s financial systems, be it customer and
Talent as a Service: Enabling Employee Engagement While Boosting Efficiencies
White Paper Talent as a Service: Enabling Employee Engagement While Boosting Efficiencies The human resources (HR) and human capital management (HCM) landscapes have changed radically in recent years.
POS Data Quality: Overcoming a Lingering Retail Nightmare
Cognizant 20-20 Insights POS Data Quality: Overcoming a Lingering Retail Nightmare By embracing a holistic and repeatable framework, retailers can first pilot and then remediate data quality issues incrementally,
Siebel Test Automation
White Paper Siebel Test Automation Executive Summary Automation testing is finding favor in testing projects across various technologies and domains. It is becoming increasingly popular with Siebel applications
Moving Beyond Social CRM with the Customer Brand Score
Cognizant 20-20 Insights Moving Beyond Social CRM with the Customer Brand Score Travel and hospitality organizations can boost customer loyalty by better understanding customer behaviors and attitudes,
Knowledge Management in Agile Projects
Cognizant 20-20 Insights Management in Agile Projects Executive Summary Software development is knowledge-intensive work and the main challenge is how to manage this knowledge. The Agile manifesto advocates
A Next-Generation Approach to Integrated Warranty Management
Cognizant 20-20 Insights A Next-Generation Approach to Integrated Warranty For today s manufacturers, gaining actionable insights from customers warranty data requires a closed-loop system that pivots
Emerging Differentiators of a Successful Wealth Management Platform
Cognizant 20-20 Insights Emerging Differentiators of a Successful Wealth Management Platform Changes in the wealth management industry point to the need for scale and flexibility goals that can be achieved
Strategic Intraday Liquidity Monitoring Solution for Banks: Looking Beyond Regulatory Compliance
Cognizant 20-20 Insights Strategic Intraday Liquidity Monitoring Solution for Banks: Looking Beyond Regulatory Compliance Incorporating advanced real-time data and analytical capabilities in the solution
Convergence of CRM, BPM, MDM and BI: The Fantastic Four of Customer Centricity
Cognizant 20-20 Insights Convergence of CRM, BPM, MDM and BI: The Fantastic Four of Customer Centricity To get increasingly closer to and work more proactively with customers, organizations need to look
Optimizing Agile with Global Software Development and Delivery
Cognizant 20-20 Insights Optimizing Agile with Global Software and Delivery A blueprint for integrating global delivery and Agile methodology, allowing organizations to achieve faster returns on investment,
The Business Case for On-Demand Test Services
Cognizant Reports The Business Case for On-Demand Test Services The traditional QA service delivery model is stifling organizations with high incidents of defects, inefficiencies and delays. On-demand
e-signatures: Making Paperless Validation a Reality
Cognizant 20-20 Insights e-signatures: Making Paperless a Reality A paperless solution not only reduces printing costs; it also streamlines the entire life sciences regulatory submission and approval process,
Strategic Cost Optimization: Driving Business Innovation While Reducing IT Costs
Strategic Cost Optimization: Driving Business Innovation While Reducing IT Costs CIOs embrace strategic cost optimization initiatives by striking a balance between IT spend and investments in business
Streamlining Submission Intake in Commercial Underwriting for Middle Market Segments
Cognizant 20-20 Insights Streamlining Submission Intake in Commercial Underwriting for Middle Market Segments Automated data extraction of submission documents combined with manual prequalification by
Predictive Response to Combat Retail Shrink
Cognizant 20-20 Insights Predictive Response to Combat Retail Shrink By combining the statistical and mathematical rigor of advanced analytics with established business acumen and domain experience, retailers
Fortifying Retailing from Online Fraud
Cognizant White Paper Fortifying Retailing from Online Fraud Executive Summary The Web is fast becoming a vital sales channel for retailers. In the U.S., online retail sales have grown almost 10% year
Two-Tier ERP: Enabling the Future-Ready Global Enterprise with Better Innovation, Customer Experience and Agility
Cognizant 20-20 Insights Two-Tier ERP: Enabling the Future-Ready Global Enterprise with Better Innovation, Customer Experience and Agility Organizations that embrace two-tier ERP strategies are better
Solving Storage Headaches: Assessing and Benchmarking for Best Practices
Cognizant 20-20 Insights Solving Storage Headaches: Assessing and Benchmarking for Best Practices Executive Summary Data center infrastructure has evolved considerably in the post-dot-com era, but one
Virtual Brand Management: Optimizing Brand Contribution
Cognizant Solution Overview Virtual Brand Management: Optimizing Brand Contribution The Challenge The pharmaceuticals industry today is facing nothing short of a crisis. For starters, a reduced number
Online Capabilities of UAE Insurance Carriers: The Road to Customer Satisfaction
Cognizant 20-20 Insights Online Capabilities of UAE Insurance Carriers: The Road to Customer Satisfaction Given increased competitive pressures and significant operational challenges, highly functional
