In This Issue
It All Starts Here
BI for the People
Ongoing Asset Management

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NEWSLETTER
Jan 2012 - Issue: #8
Business Intelligence
BI
It All Starts Here

The goal of Business Intelligence is to turn Data into information that is useful to the organization.  It is a business strategy that integrates and analyzes operational data from all business functions in an enterprise.

BI enables your organization to quickly access, analyze and share information in order to assess business performance, improve decision-making, predict outcomes and ultimately increase profitability.
  Read more

 

QlikView Qorner

BI for the People


What if you could answer any question about your business at any time, with any device?

 

 

QlikView, the leader in Business Discovery, can empower you with self-service, custom data analysis, while ensuring centralized IT manageability and control.  QlikView allows you to: 

  • Deliver Insight Everywhere - Allows all users within the organization to derive tailored insights to address individual needs. 
  • Gain Total Mobility - Supports any device from iPads to Blackberry to Android.
  • Access data from ERP, CRM, Data Warehouses, Excel and more. 
  • Immediate ROI - 77% customers see payback within 3 months, 23% in 30 days.  Read more

 

Data Management
Asset Management
Asset Management is a Process Every Business Can Use to Save Money and Improve Productivity 

Part 4 of 4 
 
Ongoing Asset Management Process at the Touch Points 
 
An ongoing asset management solution (also known as Move, Add, Change, Delete -MACD-process is a streamlined version of PETRO that concentrates on ongoing control processes.  It is a repeatable, consistent process, mutually owned by the managers of the touch points (either inside or outside the organization) and the master database of record.  It should ensure the quality of the data updates through timely and efficient processing of update (delta) records.

In situations where data is passed between different organizations, extra care should be taken to develop a collaborative process that is transparent and ensures the quality of the data updates.  The depth and complexity of the PETRO process should be proportional to the volume and frequency of the updates as well as the cleanliness of the data at the touch points.  The processes can range from Customer Self-Service for small manageable accounts to Fully Collaborative for large accounts with heavy volumes and frequent data quality issues.

Key Components of the Ongoing Asset Management Process

The key drivers of the MACD process consist of the following four components:

A Comprehensive Data Extraction, Translation and Reconciliation Process
  • Development of both the processes and the standards for collecting data updates (electronic or manual).
  • Performance of an automated, or semi-automated process to validate, translate and reconcile the results.
  • Creation of a MACD Data Manager to store and track interim records during the ongoing PETRO processes.
  • Development of automated status reports throughout the process transparent to all MACD touch pointss
  • Coordinating data updates at the touch points and/or outside (customer) locations.

Process, Policy and Procedure Development
  • Conducting the required MACD asset management process analyses and evaluations at all touch points.
  • Designing and developing processes and capabilities to support PETRO® implementation.
  • Defining the policy and procedures required in the asset management process for both the near- and long-term.

Requirements/Systems Development

  • Developing all functional and systems requirements; coordinating and engaging IT in the development of an automated system to analyze, extract, translate, reconcile and assimilate Company data.
  • Development of working models and systems, as needed, to support the asset management process.

Data Maintenance
  • Development of processes to support the asset management process for long-term implementation, including ongoing data maintenance and integrity.
  • Development of meaningful Asset Performance Monitoring and Control processes.

Contact Information 

 

Joe DeSiena

President, Consulting Services 

973-584-9100

Contact Us  

 

 

When You Think Quality Data...Think Bardess!

   

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