Variable Data

TermiKnowledge - Supply Chain, Procurement and Inventory Terminologies
View All
 
 
 
 
 
 
 

The "Data Sets" in the warehouse refers to the actual or historical "raw" information or variable. It is the core data of a business process or system and is usually identified as a variable "A". Variables B through L are summarized in terms of their relationship and associated information. Variables "K" through M is further broken down and categorized into sub-asset classes. A sub-asset is any physical item that is directly related to or is equivalent to some variable "N". Variables are needed in order to support or process a specific business process.

Variable Data Interchange (VDI) is the transformation of the data into a common form by adding, removing, alternately combining and masking dimensions, attributes and key performance indicators. The transformation should be based on the known needs and the identified situations where the new variable data meets the requirements of the process. Common methods of VDI include the use of data transformations such as the data-aware Categorization, attribute data transformation, attribute transformation and the data-less optimization.

A common form of VDI is the "ACE" or the Automated Encodification Language(AE). It is a set of rules and vocabulary used to transform variable data into a familiar framework for application use. This language has been designed to allow developers to easily create and manage documents that make it easy for employees and executives to exchange information that is needed in a dynamic business situation. The ACE also eliminates the need for manual interpretation of many value-based and quality-based decisions.

CIOP Webinar Series

Learn the Global Best Practices in Supply Chain Management, Procurement, and Inventory Management.

60 Minutes of Learning + PDU Letter

Register Now

Do Do you want more information on Certified Inventory Optimization Professional?

Fill in the form to download the quote.