Make decisions based on correct and consistent data.
There is a great deal of IT complexity in many companies. These information objects very often have the same characteristics. Sometimes even the same data is stored in different systems. This often results in inconsistencies due to different data allocated to the same business object in different systems. This leads to manual corrections, multiple data entries, wrong decisions, and delayed project completion.
Master Data Management (MDM) is a process whereby you identify, categorise, and manage your organisation’s key data sets in a central system. This gives you a single source to deploy data.
To implement this, you need a technology solution that connects systems and applications and brings the required data together in a central location. TRANSCONNECT® aims to capture your data once, generate a harmonised understanding of the data, and ensure high data quality. TRANSCONNECT® identifies the key data units, establishes data governance rules, develops data models, and defines data quality rules.
1. Synchronisation of stock management systems with decentralised data sovereignty:
In this scenario, it is determined which system is the “master” for which data. Continuous synchronisation between all systems ensures that the right data is available everywhere.
2. Synchronisation of stock management systems with centralised data sovereignty:
Supplementing the system landscape with a central “master” system (e.g., a database), in which all data is stored, creates a so-called single point of truth or data hub. This is a central point where all data is correct. All other systems receive their data from this centralised system and, in turn, relay authorised changes to this system.
Reduce your operating costs
Ensure an adequate basis for decision-making
Streamline your system landscape
Avoid processing irrelevant data sets
You get higher data accuracy and consistency, better data management, and low data redundancy. This is the way to increase your production efficiency and save costs. TRANSCONNECT® streamlines data-related processes and reduces your data maintenance effort. After all, consolidating data and building consistent information architecture help reduce the manual processing effort of correcting inconsistent data to a minimum, thus avoiding extra costs due to data duplication. You can streamline your architecture and simultaneously reduce the effort and cost of maintaining it.
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