The road to a data-focused organisation

Master Data Management

Insufficient master data can cause disruptions in the business process with serious consequences for companies. valantic uses strategic master data management to create a quality-assured basis for efficient business processes, future business models and the digital transformation of your business.

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Your Added Values Summarised

Optimised Business Processes and Reliable Forecasts

From delays in operational processes and resource commitment due to time-consuming troubleshooting to questionable, fuzzy analyses for business decisions. A solid database in IT applications is the prerequisite for the future-proof and competitive further development of companies. valantic as your partner offers you, among other things

  • …transparency about the status quo of your master data management through a comprehensive maturity assessment.
  • …the derivation of customised recommendations for action specifically for your company.
  • …the identification and prioritisation of opportunities for improvement and optimisation.
  • …a well-proven approach and customised methodology for implementation by consultants with many years of experience.
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The Road to a Data-Focused Organisation

Do you know the quality of your most significant process-driving or process-controlling master data?

The rapidly proceeding digitalisation and the increasing activities in the area of Industry 4.0 require not only the latest IT applications and IT structures, such as cloud applications, but also a solid master data basis for successful implementation in companies. However, many companies are still a long way from achieving this, as they are unable to realise their full potential in day-to-day business due to incorrect and inconsistent data. Through structured and effective data management, companies are able to utilise an enormous, often underestimated efficiency potential.

Do you know how often master data is entered twice or corrections have to be made?

Potential mistakes in master data entry

The Solution to These Challenges: A Strategic and Practised Master Data Management System

The solution to the problems and challenges described above is provided by strategic master data management (MDM), which consolidates all of a company’s master data in one place, the so-called “single point of truth”, in a transparent and consistent manner.

The aim of MDM is to create a quality-assured basis for efficient business processes, fast and transparent corporate decisions and future, innovative and competitive business models and to become an enabler of digital transformation.

Corporate Management and Decision-Making

Corporate management and decision-making must be managed in an increasingly dynamic and complex environment, for which standardised data is an absolute prerequisite.

Cross-Divisional and Cross-Location Data

Cross-divisional and even cross-location data require a comprehensive and harmonised data usage and quality concept.

Electronic Data Exchange

The increase in vertical integration in production increases electronic data exchange, which is based on a harmonised material database.

Integration of Customer Data

Customer data and information are becoming more extensive, but are maintained in different IT systems. This requires customer data integration in order to avoid duplicate entries and inconsistencies.

Compliance Requirements

Compliance requirements, including those for master data, have become increasingly demanding in recent years and require detailed and documented evidence.

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The Advantages of Strategic Master Data Management

The far-reaching benefits of strategic master data management are obvious:

  • Secure and targeted management of the company based on high-quality data
  • Efficient utilisation of continuously growing data volumes through consistent data integration in processes and IT systems
  • Goal-oriented collaboration between different business units, locations and partner companies due to comprehensive and harmonised data exchange
  • Increased process digitalisation and automation with clear data structures
  • Fulfilment of compliance requirements through detailed and documented evidence

Strategic master data management enables you to successfully master your digital transformation.

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Maturity Assessment for Your Master Data Management

Our well-proven and constantly enhanced process model covers all relevant fields of action in master data management and, through the use of our Maturity Assessment Model, makes it possible to categorise the company into different maturity levels. This in turn allows statements to be made about the efficient utilisation of master data as a company asset. As a concrete result, valantic develops individual recommendations for action for your company for each success factor and presents you with concepts for their implementation.

This in turn enables statements to be made about the efficient utilisation of master data as a company asset. As a concrete result, valantic develops individual recommendations for action for your company for each success factor and presents you with concepts for their implementation.

We would be happy to support you.

 

Your Contact

Petra Wagner, Lead Consultant, valantic Management Consulting

Petra Wagner

Lead Consultant