While Master Data Management is often talked about, few organisations grasp its full potential or understand what is required to do it well.

Our approach to MDM is based on a business-needs driven, fit for purpose, tailored solution that enables all users in all departments to speak the same language when it comes to performance metrics.

MDM is the practical application of the standards, policies and procedures set out within the Data Governance Framework. MDM involves identifying the requirements for shared master data across the enterprise, ensuring the data quality of the master data and documenting the meta data of all master data sources.

Our MDM assessment process considers the following areas in order to create your step-by-step MDM strategy:

• The level of business awareness of master data and the benefits of managing it properly
• The organisations level of maturity and ability to execute change management; cultural, organisation, process and communication
• Whether sources of truth for different sets of master data exist and are recognised
• The extent to which master data and associated performance metrics align with your business model and drivers
• Which sets of master data are required first; Customer, Product, Materials?

We then help you identify and define the master data roadmap and help implement cost-effective solutions.

You receive comprehensive documentation and a presentation which details:

•  The current state of your enterprise MDM
• Ideal future situation based on discussions with business and IT stakeholders
• The steps required to achieve desired outcomes