Skip to main content

Data Management – Are we all speaking same language ?


I compared the “Data Management” with a story of Elephant and Seven Blind Men in my last blog post http://manageyourdata.blogspot.in/2012/09/data-management-elephant-seven-blind-men.html. I promised to start writing my views about the issues that I heard so far from my customers, consultants and product companies that I worked with.

The first issue is confusion with the whole terminology. This seems very basic thing but if all stakeholders in this value chain are not talking same language, same terms with same meaning the initiative is doomed to fail.

5 years back in 2007, when I was working on evaluating a “data mapper” product for a company in California – I realized how complex a terminolgy issue can be. I was at their office for 2 days, going through product screens, meeting high value real architects. The product was really good, nice UI, good functionality – but less appeal in the market. I was talking to marketing head, and he said – Prashant ask me questions about the product. Ask me when you seek a functionality in a product, what would you ask for. And I did that. You know what – the company worked hard based on such feedback from industry users and within a year launch new version which talks in terms of users and then bought over by a giant. Value unlocked. That was one off example.

What were my questions to them ?

1.    How does ETL works in this ?
2.    What is the data profiling mechanism?
3.    Does this tool normalize my data ?
4.    Does this tool classify my data ?
5.    Does this deduplicate ?
6.    Can this gives  me exceptions to rules data sets ?
7.    Can I override tool with my own rules ?
8.    Does this toll enrich my data ?
9.    Can I specify attributes for enrichment ?
10. Can I have multilevel enrichment ?
11. Can I map different datasets to one common datasets?
12. Can this tool produces validation reports with data ?

Few of these seems typical techno-functional and not so business based questions. But when you Go to market – who is your customer? For data – mostly its IT people – who are technical. The business will surely have a different set of questions but they will map to these invariably. How ?

What a Supply Chain or Procurement business person will ask typically for ?
1.    How do I cleanse my multilevel redundant BOM (Bill of Material ) Data ?
2.    How do I generate required spare parts listing with good data ?
3.    Can I have cleansed, good quality suppliers list ?
4.    Where do I aggregate my suppliers by parents – to leverage spending patterns ?
5.    How do I search my customer list and aggregate that ?
6.    Can I have a classified product list – to get necessary dashboard, inventory or spend amounts ?

Have a close look and you will see most of it maps to core questions above.

So in next post – I will try to provide glossary of terminology that invariably and interchangeably used while discussing Data Management .

As usual – Please keep sending your feedback & questions.

Prashant Mendki
Pmendki at gmail dot com
Twitter - @pmendki

Comments

Popular posts from this blog

Master Data Management – Product or Process ?

I have 2 SAP systems and I want to fix my material master, Services Master. I want all that data to be clean, standardized, classified, enriched and load it back to my SAP in next 6 months. What do you suggest ? Chris - one of my key client was explaining during a “solution understanding” call. My sales manager Tom, enthusiastically started talking about new version of the MDM platform by ERP company, tools, technologies, product landscape, licenses etc. After 30 minutes of sales pitch, I could see confusion on Chris’s face clearly. He said - but I don’t want to add any new product in my infrastructure for all this. Can you just implement MDM for me without I adding any new software ?   Both are using MDM implementation as a keyword, but in a completely different context. Chris wants to implement MDM as a process while Tom was trying to sell MDM as a new software. Whats the difference ? Lot I will say. MDM as a product – when you sell a   software license to a customer

Spend Analysis Applications can help you to manage Supplier Risk and SOX compliance too.

The current economic scenario (even if it’s started looking little bit good now) demands every CEO, CFO to look for a way to save money from whatever way it comes. Supply Chain, Procurement, Strategic Sourcing are, Supplier Relationship Management are always major focus area for optimization. Spend visibility is one such area in Enterprise Performance Optimization – EPO - which gives a promise to identify potential savings. Now everybody knows there are too many products and players in the industry which claims to provide spend visibility. Sales people always claims to give you moon and pitch products in a way like – “you put the data from this side and see the 10% savings on the dashboard on the other side”. But as we know, in every data sensitive engagement it’s a process behind the product that needs to work on your data before you really gets that dashboard – but that’s not the point for today. The point is do you know what to look for when you see those jazzy reports and dashboar

This is the time look at your data, your Spend Data

Hello Everybody. I was missing the action on this blog since around 4 months now. Actually I was too busy with new data management engagement in my new role. As its a vacation season, its time to gather thoughts and share it..... Hope I will continue... As the title of this blog says "its a time to look at your data, spend data". YES, as everybody is hard pressed for cash in the difficult time like this - where to look for it? I have one answer - Look at your own transactions to see if you can save some there. Lets check what are you spending on, categorise your spend well.Check if you know where you can negotiate with your vendors and go for it. You will amaze to see how you have ignored this point in the past and how much you can save by doing this. My experience tells me that you can get benefit of atleast 5 to 7 % of savings by doing this activity. Wondering how - Keep reading .... Lets make it simple. You have repository of suppliers, and lots of transactions for those s