Data - The one task everyone avoids that can kill any project
Let’s face it – data is hard to manage. Data is also arguably your organization’s most important asset. It is the backbone to accurate reporting, mitigating risk, effective maintenance strategies, lowering cost of inventory, and so much more. Imagine if an incident occurred because a piece of equipment was not properly maintained. OSHA shows up to investigate, and you realize that you had been using the wrong inventory data to maintain the equipment.
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 organizations most valuable asset – your DATA!
It is our goal to help you fix and maintain the data in your system so you can be confident in the decisions you are making, and start utilizing new technologies that depend on good data, like Watson Analytics.
A Data Audit will assess the quality of data currently in your system. Through this process, we will create a report with recommendations for improvements as well as a cost-benefit analysis. This is the first step in making incomplete, illogical, incorrect, and inconsistent data a thing of the past!
A typical Data Audit Report will provide you with the following deliverables:
Data quality report
Major type of data errors with examples
Percentage of errors
Estimated number of SKUs against each error
Possible business impacts
Most suitable Data modelling (cleaning/enrichment) solutions
About Aquitas Solutions Aquitas Solutions’ primary focus is to help our clients optimize asset performance. We are a leading management consulting company that serves asset-intensive organizations across a range of industries.