Last week, we had a glimpse at an ERP implementation/consolidation project and why data visibility is an important component of it. This week we’ll see what happens when an important system like ERP is implemented without ensuring proper data management. A company’s master data is one of the key assets
After having a bird’s eye view of data governance last week, it is now time to get down to some details on the topics. In this blog post, we’ll have a look at the role of data governance in master data management. Data Governance – The follow up to Data
We started off the year with a deep dive into material master data quality and what the phrase signifies. While getting material data to an acceptable level of quality is essential, material master data management consists of another, equally important part – data governance. What is Data Governance?
Utilities face many challenges with their business and operations. In a highly asset intensive industry with a geographically disparate asset base, implementing operational and maintenance standards and practices is necessary to continually improve the balance between asset reliability and costs. They require uninterrupted supply of adequate and cost-effective materials
The first 4 installments of our Blog series addressed root-cause MRO management failures: Problems due to Workflows, Unconstrained access to MRO data, and the like. Let us look at some common obstacles that must be navigated due to perceived exigencies of business. Rush MRO Orders – When a
As the year draws to a close, we look back at our greatest hits of 2015. We started off the year by bringing ‘Big Data’ into the MDM mix and followed it up with some great tips on Data Quality for enterprises. Our three-parter on the oil and gas industry
While there are many things to be worried about for oil and gas industry professionals, this can be seen as the perfect time to strike at the root of systemic problems and make major changes in organizations. So, after spending two weeks documenting the travails and sentiments of the
A week back, in the first part if this series of blog post, we talked about the ills plaguing the global oil and gas industry and what it has meant for the long term as well as the short term strategies of these companies. In this part we’ll have a
Everyone and their aunt know that the price of gas is falling and this has caused great upheaval in one of our favorite industries – oil and gas. In the past decade, in which Verdantis has implemented numerous Data Governance and Material MDM initiatives, some of our biggest clients have
If you have a data quality and data governance program in your organization, you must be having people designated as ‘data stewards’ (if you do not, read why they are important). These individuals are critical for the proper working of data quality initiatives and their ultimate success. However, it
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