Master Data Management

Asset-intensive industries operate in a fast-paced environment with dizzying volumes of data. Lack of data standards, controls and structured governance processes leads inexorably to inaccurate, inconsistent and non-compliant data. Infoplus master data management solutions craft a single version of the truth and allow your master data to achieve the strategic foundational goal of providing accurate and reusable information, seamlessly syndicated across your organisation.

Our Solutions

facts

Solutions & Benfits

Material Master Data Standardisation And Enhancement

Material masters are the largest and most complex of all master data types. In most manufacturing and asset-intensive organisations, material master data has been entered by dozens of individuals, over decades, to a variety of short-hands and standards, and with little governance. Data has accumulated both through everyday operating activities as well as mergers and acquisitions. End-users, manufacturing, purchasing, engineering and finance share the resultant common data challenges of duplication, inconsistent, inaccurate and incomplete descriptions. Often, small in-house data-cleaning projects have attempted to alleviate the problems. Infoplus MDM data cleaning solutions provide a stable long-term cure. Our implementations utilise leading software, are based on international standards and our market-leading technical dictionary, leverage our structured vendor reference catalogue, follow consistent processes and are delivered by a large team of experienced professionals. The outputs of the project are corporate-wide dictionary standards, consistent and compliant descriptions, and duplicate elimination. In other words, golden materials data. This enables efficient searching, improved asset utilisation and enhanced procurement activities.

Material Master Data Governance

Legacy data-cleaning cleaning addresses one piece of the master data jigsaw. Master data governance is equally essential. Every organisation and ERP implementation is unique, and it is vital that your governance strategy is applicable to your specific business needs. Using our standard and highly configurable workflow software, our team of professionals design, build and implement appropriate master data governance solutions for large manufacturing and asset-intensive organisations. These strategies have a number of parts - standards, processes, software and resources - that we advise upon and implement alongside your team. The Infoplus MDM approach, grounded in the reality that you have multiple consumers of data, has the long-term firmly in focus, and includes data from global to warehouse levels across your entire operational business system and all entities. A successful data governance strategy ensures ongoing consistent, accurate material master data is created using approved corporate processes, approvals and controls, that dictionary standards are properly implemented and governed, that the correct internal and external resources are utilised, that the request process is efficient and visible, and that end-users can search and find materials, quickly.

Material Master Data Cleaning Consultancy

Infoplus MDM have provided expert data cleaning and consultancy services on every continent (except Antarctica). Our large team of dedicated subject matter experts cover all technical domains, and have processed millions of material records for scores of clients in multiple industry verticals. Master data projects are inherently complex, and our successful solutions combine niche software and our deep specialist services. Effective implementations and projects often require a combination of internal and specialist external resources, and our large team of qualified, experienced professionals add value to your organisation, both during the project phase and during long-term governance. Infoplus MDM work with you to ensure you have a suitable blend of internal and external resources, our professionals are appropriate to your needs, and our personnel are able to seamlessly blend in with - and add value to - your team.

Benefits

Data Quality Benefits
  • Consistent, structured and compliant data
  • Defined dictionary templates and standards and common naming conventions
  • Harmonised descriptions across all regions
  • Elimination of duplicates
  • A single source of the truth
Process benefits
  • Automated defined workflows and approval processes
  • Structured and fully configurable workflow
  • Fully integrated workflow
  • Faster request processing and turnaround times
  • Our specialist cataloguers liberate your front-line resources
visibility and control benefits
  • Enterprise-wide master view enables data analytics, prevents unnecessary purchases and optimises inventory
  • Full visibility of workflows and material request status
  • Improved spend analytics for strategic sourcing
  • Improved searching and finding
  • Improved reporting and monitoring
commercial benefits
  • Reduce corporate spend on engineering spare parts
  • Reduce free-text and off-contract spend
  • Reduce stock holding and transfer surplus stock
  • Reduce processing time
  • Conduct strategic sourcing events with existing and new suppliers
  • contact@infoplusltd.co.uk
  • United Kingdom
    6 Capital Business Park, Manor way, Borehamwood WD6 1GW

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