The Data Audit is the first and very important step to assess a company’s data quality and it’s fitness for a given purpose. We conduct the Data Audit as a multilayered discovery process, involving different stakeholders, to take a deep dive into the dataset.
The key steps of the process are:
The Audit will provide answers to questions such as:
Key Data Quality Metrics
Enventure’s proprietary MRO data audit methodology enables effective data analysis, leading to accurate findings and powerful insights.
A scientific and statistical analysis of the MRO Material Master data sample can identify the error types, patterns, and trends that affect the broader set of MRO spare parts data. Apart from identifying issues, the analysis can also unravel the underlying causes for the data quality problems.
Read MoreAs part of an initial Data Audit, we review your Vendor Master, to identify issues and provide customized solutions to resolve duplicate, incorrect, inconsistent or obsolete vendor information. Very often, we also find that vendor classifications such as NAICS codes are missing, which limits the ability to develop a comprehensive supplier portfolio and makes vendor consolidation a big challenge.
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