Master Data Management

Data Quality

Is your data working for you?

Let’s face it – data is hard to manage. Data is also arguably one of the most important assets to any organization. It is the backbone to accurate reporting and decision making, mitigating risk, effective maintenance strategies, lowering cost of inventory, and so much more.

Developing a ‘single version of truth’ is a time consuming and cost-intensive exercise…

Developing a ‘single version of truth’ by consolidating data from multiple systems, departments, and geographies is a time consuming and cost-intensive exercise if done internally. Master Data Management from Aquitas Solutions enables your organization to enhance and maintain the integrity of your DATA!

Assess & Manage Data through a Simplified Process

Data Management is a process that begins with an assessment of your data quality. We can guide you through the necessary steps to improve your data management processes and even eliminate the cost-intensive exercise of assessments.

Data Audit

The data audit is the first step to assess a company’s data quality and its fitness for a given purpose. Data auditing is a multi-layered discovery process that involves multiple stakeholders, so we can take a deep dive into the material master data. Steps involved in this process are:

Identify business pain points
Acquire and analyze material and vendor data
Segregate the data based on quality and nature of issues
Determine corrective and preventative steps needed
Develop a report with findings and recommendations

The audit will answer questions such as:

What are the main problems?
How is bad data affecting the business?
How can these issues be resolved?
How can you prevent bad data from entering systems?

Asset Walkdowns, Cleansing & Enrichment

Based on a Data Audit and the needs of your organization, we can identify a starting point for data management. There is nothing more important at a plant or facility than having your equipment reside where it is supposed to be and the necessary inventory sitting ready and available for corrective action. Your storeroom or warehouse must be optimized with accurate and descriptive data to maximize your true maintenance environment. This may be in the form of asset verification, asset description, location, model and serial #’s, and other descriptors that are relevant to eliminating duplications and making sure that key spare parts are available.

Partlinq Adherence for MRO Data

A well-designed MRO Master Data Governance (MDG) program is essential for the ongoing maintenance of MRO data quality. Good quality MRO data improves accuracy optimizes supply chain operations and lowers inventory costs. All asset-intensive organizations commonly encounter data anomalies due to the involvement of multiple stakeholders managing CMMS / ERP / EAM systems across various locations and manufacturing facilities. Lack of standard taxonomy, single governance mechanism, and absence of streamlined workflow in building MRO catalogs and Asset BOMs hinders the control over spend analytics, accurate material data and supply chain management.

Many organizations do a “one-time cleanup” to get their MRO data organized, but the big question is – “How is the data going to stay clean?” This is where the Enventure MDG solution provides simple answers to several complex problems.

Our cloud-based MDG platform helps organizations reduce the total cost of ownership and enable centralized MRO data governance across locations and functional groups. The MDG platform is a fine combination of Enventure’s data quality expertise, MRO domain expertise, and unique technology, all of which together provide a truly unique and affordable solution to clients.

Manage & Maintain MRO Data with Partlinq

Often times, maintenance teams focus all of their efforts on conducting routine data assessments but fail to recognize that this need to cleanse data is a result of deficient data management processes.

Partlinq enhances your organization’s maintenance of data quality by:

Interested in Master Data Management?

Master Data Management from Aquitas Solutions enables your organization to enhance and maintain the integrity of your organization’s most valuable asset your data. Contact us to get started.

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