The MRO Data Audit is the first and very important step to assess a company’s data quality and it’s fitness for a given purpose. Data Audit is a multilayered discovery process that involves multiple stakeholders, so we can take a deep dive into the MRO material master data. Steps involved in the Data Audit process are:
The Audit will answer questions such as:
During the preliminary Data Audit, we also review the Vendor Master to detect duplicate records, incorrect / inconsistent descriptions, or outdated vendor information. Some vendor classification codes, such as NAICS codes, aren’t available, making it hard to build a comprehensive vendor portfolio and to consolidate vendors.
Partlinq’s data audit is powered by a proprietary methodology that yields accurate analysis and valuable insights. A sample of material master data will be analyzed statistically to determine error types and inconsistent patterns. This will help us identify the broad range of MRO spare parts data. Beyond identifying data quality issues, data quality analysis can reveal their underlying causes.