Title: SAP Insider webcast: Best Practices for Value Monetization of Master Data Management and Governance
1What do I get? The second Question After How
Much Does it Cost
Master Data Management Value Monetization
Real-Life Best Practices
What do I get ?
2Master Data Performance Solutions
Verdantis, Inc. is the evolution of Zynapse a
division of Zycus, Inc. to its own company with
its own corporate identity Verdantis comes from
the Latin word for truth veritas - and the word
verdant meaning abundant and sustainable
3Agenda
What do I get? The second Question After How
Much Does it Cost
4Investments In MDM
- MDM Returns are in the improved efficacy of
projects targeting business objectives - MDM should be an integral part of most projects
Copyright 2012 McKnight Consulting Group, LLC
All Rights Reserved Confidential and Proprietary
5Key Outcomes In MDM Successes
- Reduced IT TCO for data management due to fewer
systems and less overall processing - Streamline processes due to elimination of manual
reconciliation - Lessen organizational focus on the data warehouse
- Increase understanding of corporate data through
homogenous data distribution - Improve ability to deal with compliance and data
lineage by simplifying data infrastructure
Copyright 2012 McKnight Consulting Group, LLC
All Rights Reserved Confidential and Proprietary
6The 8 Steps to ROI
- Gather Data Requirements
- Prioritize Data Requirements
- Build an Iterative Deployment Map
- Determine iteration tangible metric(s)
- Define costs
- Attain business quantification of returns
- Present the possibilities across a probability
distribution - Measure with Corporate Governance
Copyright 2012 McKnight Consulting Group, LLC
All Rights Reserved Confidential and Proprietary
7MDM Program Justifications
- Operational System Impact Reduced Expenses
- MDM methodology and competence Reduced Expenses
- MDM tools competence Reduced Expenses
- Enterprise Subject Areas Increased Revenue and
Reduced Expenses
Copyright 2012 McKnight Consulting Group, LLC
All Rights Reserved Confidential and Proprietary
8MDM Organization Change Management (OCM) Focus
Areas
Copyright 2012 McKnight Consulting Group, LLC
All Rights Reserved Confidential and Proprietary
9Agenda
What do I get? The second Question After How
Much Does it Cost
10Business Value and Data Dependence
- How are business policies, corporate mission, and
strategic performance objectives translated into
dimensions of value? - What criteria are used for prioritizing effort in
relation to maximizing value? - What is the relationship between corporate value
drivers and information?
11Example Productivity in the Supply Chain
- Opportunities to improve productivity within a
specific end-to-end process helps identify
bottlenecks as well as opportunities for
optimization - The tasks associated with the supply chain can be
monitored for efficiency - These measures depend on accurate, accessible
shared data
12Quality Master Product Data for Revenue Generation
- Master product registries allow for searching and
location of items based on values of identifying
attributes - Enable matching in face of multiple aliases
- Brand name
- Product identifier
- Qualified name
- Engineering characteristics
- Global standard ID
- Types
- Sharp
- Embroidery
- Quilting
- Darning
- Bodkin
- Tatting
-
- Size
- Length
- Thickness
- Construction
- Metal
- Coating
13Product Master Data and Packaging
- Items are packaged based on content, volume,
weight, etc. - May have different packaging materials for
different regions, locations, branding,
formulations, languages, transport size, partner
demands, contractual agreements - Hierarchy management provided by product MDM
helps maintain consistency across packaging
processes - Also guides optimal transport packaging to
optimize for size, weight, shelf life
14Panel Discussion and Audience Q A
Panel Discussion Q A
15Quality Master Data to Improve your Business
Performance
16Master Data Solutions
Watch this entire webinar as hosted by SAP
Insider. Click here
- www.verdantis.com
- info_at_Verdantis.com
- Toll Free 1 866 987 4463