Material Master Data Full Error
Omikron study: Only in every sixth company is the world in master data management in order of Pforzheim, November 19, 2008 the material master data are full in almost all companies in Germany prior to significant errors. According to a survey of by data quality expert Omikron data quality has only every sixth company with more than 50 million Euro turnover a low error rate on all others, it is sometimes even more than 30 percent. Among the causes are mainly inadequate rules and processes for an integrated master data management as well as poorly organized responsibilities and lack of technical to the automatic data maintenance. Rhetoric and reality often a considerable gap between\”, summarizes Omikron’s Managing Director Carsten Kraus the results. Apparently the material master data management was not yet on the agenda or had no adequate weighting.\” Because in 84 percent of the surveyed companies is an error rate of over 10 percent.
On closer examination, this means that the material master data in each Defects of a magnitude of up to 20 per cent include second case. Even worse, it looks at the rest where to a still greater extent duplicates, incorrect classifications or incomprehensible material texts exist. Nine percent of the surveyed companies, even very critical conditions: this report a margin of error of more than 30 percent. Is one of the major causes of poor data quality in particular, that the processes and rules for maintaining master data not in the required dimension are defined. This problem occurs when two-thirds of the companies.
Also related responsibilities are not clearly determined, similar to many companies. In addition the lack of appropriate software solutions of that provide an automated data maintenance in three out of five cases. Also, 57 percent of the companies over an insufficient sensitivity to the quality requirements for the master data management sue.