Frequently asked questions: Master data management project
What are the advantages of classed master data?
Classification is required to select the appropriate attributes (specification bar) for each of your item masters.
Operational: Engineers and buyers can find the items they need more efficiently. Time-consuming searches and process-cost-intensive creation of new items are minimized.
Strategic: Detailed procurement volume increases the transparency and significance of controlling data and enables differentiated sourcing strategies.
Which classification system (taxonomy) matches my master data?
Depending on the industry and the degree of standardization of the items, the choice of the appropriate classification system is a case-by-case decision.
Cross-industry standards (e.g., eCl@ss and UNSPSC) are particularly suitable for standard components, but less so for company-specific products.
Other classification systems are specialized in specific industries; e.g., ETIM (electrical industry) and Uniclass (construction industry). Mixed forms of different taxonomies are also comprehensive and practical.
Can my current classification codes be converted into the designated taxonomy?
Yes, standardized conversions between different versions of a classification standard (e.g., from eCl@ss 7.0 to eCl@ss 10.1) and changes between different classification standards (e.g., from ETIM to UNSPSC) are possible.
Who decides what is right or wrong classification?
The classification proposals are always evaluated by a positive ('approved') or negative ('not approved') customer feedback.
How are duplicates identified?
We distinguish between level 1 (L1) and level 2 (L2) duplicates.
Manufacturer and manufacturer article number identify L1 duplicates.
Candidates for L2 duplicates are items where all critical attributes (specifications) of two material codes have the same values. We determine 'critical' specifications with your team at the beginning of a project. For example, the surface (color, treatment) of a product can be critical if the product is visible from the outside, or uncritical if it is installed invisibly.
What happens to the master data records that are created during the project?
New data sets are usually processed after project completion with the new classification and enrichment logic.
What are the costs for master data project based on?
The cost of an MDM project depends on the number of master data units (SKUs) to be harmonized on the one hand, and according to the processing stage on the other.
Which methods are used for classification?
We classify master data using rule-based text mining.
High degree automation of this procedure offers the following advantages over manual classification: reduced time and cost as well as reduced susceptibility to errors.
Individually reinforced by official manufacturing data and the specialist know-how of our industry experts, our classification proposals are a reliable foundation that we present to you for review and confirm together with you.