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Your Challenges
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Situation
Master data domains include the most important data assets of an organization. For this data to be used across an enterprise in consistent and value-added ways, the data must be properly managed.
For a consistent view of master data domains the data should be controlled by Master Data Management (MDM).
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Challenges
Simple in concept, MDM is complex in practice and requires investments in governance, technology, and planning.
Master data is pervasive throughout the business and is often created and captured in highly disparate sources that often are not easily shared across business units and applications.
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Appproach
Make sure that your practice has the necessary prerequisites for MDM. Don’t waste time and resources before you have identified your first group of data to begin your MDM solution, and the necessary architecture, governance, and support from very senior champions to ensure the ongoing success of your MDM initiative.
Figuring out what the organization needs out of its master data is essential before you pull the trigger on an MDM strategy; alignment to strategic business needs will ensure buy-in and support through project disruptions to the business.
Finally, approaching MDM with a clear-cut blueprint that provides you with a solid plan and organized direction will help you stay adaptable when unexpected nuances of organization requirements or roadblocks crop up.
Planning Approach
Deliverables
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Organizations shy away from MDM because they don’t know where to start, fear the expense and disruption, and don’t truly know the benefits of the effort involved.
MDM is valuable for all sizes of organizations; bigger ones will use the expensive tools but smaller ones can still benefit from MDM using simple tools and processes.
Use an approach to drive real and practical MDM into your organization by starting with reference data; doing this right and first makes the rest of MDM go so much smoother because it is easy, non-contentious, and fast and builds momentum based on success.
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This deliverable will assist you in determining your readiness for master data management (MDM) in the categories of people, processes, technology, and data. There is a questionnaire, the assessment itself, and a presentation of the results.
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This deliverables will assist you in determining the master data domains present in your organization and the suggested domain(s) for your Master Data Management (MDM) solution. There is current state documentation, a domain selection section, and a presentation of the results.
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This presentation has been designed to help the CDO, CIO, and other IT leaders create awareness and generate support for Master Data Management (MDM) from senior executives within their organization. We will adapt the content of this presentation to best suit the needs of the audience. This presentation will cover the importance of MDM, the benefits of MDM, and our approach to overcoming MDM challenges.
Objectives:
Build awareness and enthusiasm for MDM.
Gain approval to proceed with an MDM pilot project.
Recruit a project sponsor for the pilot project.
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This deliverable will help you analyze your organization's data requirements, identify MDM strategies, and systematically develop a plan for your target MDM project. Based on best practice Data Management and MDM frameworks, we will evaluate the current and target performance levels for your organization's MDM.
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This final deliverable helps organize your project findings and document your initiatives in a format that can be used to showcase your results and present the findings for review and approval by project stakeholders.
Based on your project’s parameters and oversight, we can either use it as an internal document to centralize our work or adapt it into a presentation document for educating project stakeholders on progress and findings.
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Unlock the full potential of your customer data with Incept, your trusted partner in MDM solutions. Our unrivaled expertise in collaboration with Informatica's cutting-edge products empowers your organization to strategically manage, visually explore, and securely share customer data, revolutionizing the way you deliver exceptional customer experiences. With our comprehensive approach, we ensure that every aspect of your Customer 360 initiative is seamlessly implemented, providing you with actionable insights and a holistic view of your customers. Trust Incept to drive your success in optimizing customer interactions and gaining a competitive edge in today's dynamic market.
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Introducing Incept, the leading consulting firm in partnership with Informatica, ready to revolutionize your organization's product management with our unparalleled expertise in implementing Product 360 (PIM). Seamlessly managing complex product content has never been easier, as our team leverages the power of Informatica's cutting-edge technology to ensure your distribution channels operate flawlessly and at an unmatched scale. With Incept by your side, you can trust that every aspect of your product's journey will be meticulously handled, allowing you to focus on what truly matters – delivering exceptional customer experiences. Say goodbye to content chaos and unlock the full potential of your product portfolio with Incept's unrivaled MDM solutions.
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Unlock the power of your organization's reference data sets with Incept, the leading consulting firm in MDM solutions and a trusted partner of Informatica. Our cutting-edge product, Reference 360, empowers businesses to centrally define, manage, and share reference data, revolutionizing the way you harness its true value. With our expertise and deep understanding of your unique business needs, we ensure seamless implementation and optimization of Reference 360, enabling you to streamline your operations, enhance data integrity, and make data-driven decisions with confidence. Experience the unparalleled advantages of our comprehensive MDM solution and take control of your reference data like never before. Choose Incept for unmatched excellence in MDM implementation and maximize the potential of your organization's data assets.
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Introducing Supplier 360, the ultimate solution to revolutionize your vendor and supplier information management. In a fast-paced business landscape, staying ahead requires a single, trusted data source, and that's exactly what we deliver. As a leading consulting firm specializing in Master Data Management (MDM) and a trusted partner of Informatica, we possess the expertise and experience to implement Supplier 360 seamlessly within your organization. Our team of skilled professionals understands the criticality of accurate and up-to-date supplier data, ensuring that you can streamline your operations, reduce costs, and drive strategic decision-making with confidence. With our comprehensive approach, we empower you to unlock the full potential of your supplier relationships, optimize procurement processes, and gain a competitive edge in the market. Trust Incept to transform your supplier management and unleash the power of Supplier 360.Item description
Contact us.
Avoid the pitfalls of a Master Data strategy or framework that is not in harmony with your objectives and leverage the learning from the many client experiences we benefit from. Team Incept’s experience will help you to make it right the first time.