Newsletter

Optimal data quality as the basis for your purchasing strategy

Depreciable products, a good purchasing strategy, evaluable material groups, cost transparency and efficient digital procurement with e-procurement systems are just a few purchasing tasks/goals that often cannot be adequately implemented due to a lack of data quality.

Our MDM Excellence Workshop for Engineering provides you with an overview of the value and potential of your material and product master data, especially in purchasing. Learn how to cleanse and standardize your data and maintain it sustainably through flexible processes. This is the only way you can reduce procurement costs, automate processes and lower your inventories in the future.

Your challenges! Our solutions!

Many purchasing departments face the same challenges when optimizing their data master data. Which ones are you facing?

Challenge 1:

Lack of comparability

Poor data quality often results in purchasing having to access data that is related to a specific supplier. This means that the purchasing portfolio is not transparent and materials and products supplied cannot be compared with one another.

Solution 1:

Create bundling effects

Good data quality and structure enables you to analyze and bundle your purchasing portfolio according to matching criteria. This makes suppliers transparent, allowing you to compare all sourced materials and products by supplier. Comparability enables you to prepare and execute tenders more effectively.

Challenge 2:

Poor material group structure

Your material group code is insufficiently structured and in addition, you lack transparency in the data because there aren’t uniform designations. Thus, you have to face the problem of lacking a suitable basis for strategic initiatives and/or for negotiations.

Solution 2:

Cross-industry classification

Create a consistent structure for your data by deriving an industry standard such as ECLASS. You receive maximum data transparency, which allows to you to perform a clear spend analysis and act strategically. Clear definitions enable a clean maintenance of the future material groups.

Challenge 3:

Insufficient supplier integration

Insufficient data quality from supplier data and poor onboarding prevent Purchasing from fully exploiting its potential. Digital procurement processes via supplier platforms, B2B marketplaces (such as Ariba) and catalog systems are not fully utilized due to a lack of acceptance. Your purchaser invests a lot of time in processing supplier data.

Solution 3:

Use supplier portals

Today, supplier portals offer the possibility for suppliers to maintain their own data The use of this portal and cloud-based e-procurement solutions improve data quality, ensures transparency, and increases the level of automation for your procurement processes. You should exploit this potential of relief for purchasers.

The goal of our MDM Excellence Workshops for Purchasing

Gemeinsam bauen wir mit Ihnen ein abteilungsspezifisches Verständnis der bevorstehenden MDM-Herausforderungen auf.

Together with you, we will create a department-specific understanding of the MDM challenges ahead.

Based on the status quo (ACTUAL analysis), we will develop, with you, strategies and specific measures for your master data management project considering your goals and our experience. In our workshop, we will provide you with the appropriate tools to realize your future purchasing strategy.

Workshop content

  • Data analysis and duplicate analysis
  • Optimization of data quality in purchasing
  • Category management
  • Material group analysis
  • Development of a proposal for a material group structure
  • Establishment of a classification (ECLASS, ETIM etc.) or a self-classification
  • Optimization of material short texts and order texts
  • Creation and modification of materials made easy
  • Data governance: Clear rules for processes and organization
  • Spend analysis for free text orders and coded material
  • Tenders
  • Data quality for direct and indirect material
  • Best practice examples
Request workshop

Workshop process

 

Workshop target group

Department heads, managers and experts from the following areas:

  • CPO
  • Strategic purchasing
  • Category management
  • Operational purchasing
  • E-procurement
  • MRO
  • CAPEX
  • Materials management
  • Supply chain management

To ensure the workshop character, we recommend a participants’ level between 3 and 15 employees of your company.

Your Benefits

Fact-based evaluation for the optimization of the product group structure
Evaluation of bundling effects
Direct consultations with experts
Best practice solutions
Professional data analysis
Duplicate results
Creation of a uniform MDM understanding/project understanding among workshop participants
Assessment of the status quo and development of the TARGET state
Detailed and specific recommendation for action with verified measures
Management summary and project profile
Return-on-investment calculation
Professional quotation
9% less procurement costs
22% less inventories
up to 95% less manual effort

Free initial consultation

Are you still unsure whether our MDM Excellence Workshop is right for you? No problem!

We would like to invite you to our free one-hour consultation! Together, we will find out which of our offers meets your requirements.

Contact us today
MDM Excellence Workshops
Please fill out the form below to download the file.
Please confirm your consent via the link you have just received by email. After that you will get access to the download. Please check your Spam-Folder!

Everything at a glance

In our product flyer, you will find detailed information on all our MDM Excellence workshops at a glance.

MDM Excellence Workshops

Download

Request workshop

Thank you for your interest in a workshop or a consultation. Please briefly fill out the following form.

Cookie-Einstellungen
Auf dieser Website werden Cookie verwendet. Diese werden für den Betrieb der Website benötigt oder helfen uns dabei, die Website zu verbessern.
Alle Cookies zulassen
Auswahl speichern
Individuelle Einstellungen
Individuelle Einstellungen
Dies ist eine Übersicht aller Cookies, die auf der Website verwendet werden. Sie haben die Möglichkeit, individuelle Cookie-Einstellungen vorzunehmen. Geben Sie einzelnen Cookies oder ganzen Gruppen Ihre Einwilligung. Essentielle Cookies lassen sich nicht deaktivieren.
Speichern
Abbrechen
Essenziell (1)
Essenzielle Cookies werden für die grundlegende Funktionalität der Website benötigt.
Cookies anzeigen
Statistik (1)
Statistik Cookies tracken den Nutzer und das dazugehörige Surfverhalten um die Nutzererfahrung zu verbessern.
Cookies anzeigen