Accuracy of Data and Process
According to a study by Capgemini, as much as 50% of the product data in company systems is erroneous. Couple with this, the latest industry push to develop corporate wide Master Data Management systems, it’s clear that many companis continue to struggle with data accuracy problem.
How effective can your company be making product and marketing decisions if they are based on questionable data?
While most companies have focused thier data initatives on generating a single version of the truth, the truth they arrive at may not be the right one. Logix3 adds a secondary layer, ownership, to the process of data consolidation. Large gains in timeliness and accuracy can be realized simply by identifying the owner of specific data and defining oversight responsibility for the accuracy of that data.
Logix3 can quickly build a mutli-company collaborative environment where the right data is updated by the right people at the right time. Sourcing data in this fashion allows our systems to manage the accuracy and timeliness of all data used within out services offerings.
Without timeliy and accurate data, you initiatives are guaranteed to have rework, schedule delays and costly mistakes directly affecting their profitability and overall market value.
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