MDM PIM: Product Information Management: E-commerce Strategies

Master Data Management for ECP Enterprises

Large enterprises that design, plan, and construct projects across the world suffer from unique data management needs. Enterprises like Bechtel, Fluor and many others have project data and operational data. The hand over of a project, which may be nuclear plant for example, to the client is rocky if all data is not documented and usable. Risk mitigation is one driver to a MDM solution. In this case, project data, all parts, contractors, subs, documentation is standardized and made usable by MDM.

Planning, and constructing facilities own a similar model from project A to project B. Reusing what was done with project A to Project B. Strategic sourcing reuse, standardize spend across vendors across projects and division slashed costs. 

How should Master Data be managed for Cap Ex projects.

New downstream and upstream projects can use a process. Defining this process is first step. Top MDM vendors can not help with this. There is one vendor which has done this work for ExxonMobil. This is a point solution but is tremendous value. When this process is built, reuse of process characteristics saves huge cost. 

send an email to info@pim-data.com and we will share more detail with you.