SAP Insider webcast: Best Practices for Value Monetization of Master Data Management and Governance - PowerPoint PPT Presentation

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SAP Insider webcast: Best Practices for Value Monetization of Master Data Management and Governance

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"What do I get?" is usually the second question after you answer, "How much does it cost?" Join David Loshin - author of "The Practitioner's Guide to Data Quality Improvement" and industry expert in the Master Data Management and Information Value space - and William McKnight - widely acknowledged as a practical Strategist and Lead Enterprise Information Architect whose client projects have received multiple best practices awards, as they share their answers to the second most popular question facing practitioners and executives alike. Real-world business cases from customers will be the focus of this informative, best-practices session. Issues to be addressed: • Cost without Value = Zero Budget • Clear Value without Clear Costs = Zero Budget • Value Goals & Objectives = Measurement and Success • Leveraging Partners for Value Definition - How Close is too Close? – PowerPoint PPT presentation

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Title: SAP Insider webcast: Best Practices for Value Monetization of Master Data Management and Governance


1
What 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 ?
2
Master 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
3
Agenda
What do I get? The second Question After How
Much Does it Cost
4
Investments 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
5
Key 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
6
The 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
7
MDM 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
8
MDM Organization Change Management (OCM) Focus
Areas
Copyright 2012 McKnight Consulting Group, LLC
All Rights Reserved Confidential and Proprietary
9
Agenda
What do I get? The second Question After How
Much Does it Cost
10
Business 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?

11
Example 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

12
Quality 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

13
Product 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

14
Panel Discussion and Audience Q A
Panel Discussion Q A
15
Quality Master Data to Improve your Business
Performance
16
Master 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
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