A data pool is a set of related values obtained from a centralized database, which can be automatically or manually generated for analysis. Accuracy and precision are important, especially for industries relying on supply chain monitoring. Data pools can be private or shared, and accessed automatically or manually. The Global Data Synchronization Network certifies data pools and facilitates data synchronization.
The term “data pool” refers to a related set of values obtained from a centralized database. The data can be anything from supply chain information to employee records. Data can be automatically or manually generated for analysis using the entire dataset or a subset of values. Database software is designed to handle the various functions associated with data pools, including synchronizing and verifying information.
In a very basic sense, any set of data collected for analysis purposes is a data pool. The data collection method can affect the accuracy of the values within the pool and therefore the outcome of the analysis. If the dataset is part of a simple quantitative experiment that doesn’t involve a huge dataset, manual data collection can be reasonably reliable. Conversely, if the dataset is large, an automated data collection process will be the most accurate and precise.
The accuracy and precision of the values contained in a data set is always important, but may be imperative for some industries that rely on chain of custody monitoring in their supply chain. The Global Data Synchronization Network (GSDN) certifies data pools and facilitates the data synchronization process by performing an annual audit on all GDSN certified data pools. Supply chain data captured in a GDSN certified data pool is tied to a Global Location Number (GLN) and Global Commercial Item Number (GLIT). These two numbers are used to identify the relevant items and associated items for the trade, respectively, as the item moves through the supply chain from producer to consumer.
In other cases, datapools are accessed automatically by the database software during a computer startup or during an installation or upgrade process. These processes involve transferring and verifying information between databases. The transferred and verified information is the data pool. If a datapool error occurs during the process, there may be a problem with your data, such as a corrupt boot file, incorrect settings on your hard drive, or a faulty hard drive.
For a custom database that contains employee records or historical temperature data, access to the data pool can be private or shared. A private pool cannot be seen or accessed by anyone except the administrator. A shared pool can be accessed by others who can add, edit, or remove values. Data can be entered automatically, manually, and imported or exported from a spreadsheet. A web-based pool is typically manipulated by an administrator but shared so that online users can view and export the data for various purposes.
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