Professional Data Management in 47 Data Domains
The global supplier to the automotive and industrial sectors is helping shape the rapid developments taking place worldwide as part of Mobility for Tomorrow including innovative and sustainability solutions for E-mobility and Industry 4.0. Professional data management is a key success factor in these increasingly complex conditions, as data is strongly linked to business value.
Schaeffler Corporate Data Management, the CDQ Good Practice Award winner from 2016, implemented the project “Data Domain Management in all Data Areas” to support the digital transformation process. The goal was to guarantee high standards of data quality as a foundation for future business opportunities, advanced analytics, efficient processes and to ensure information security needs with a group-wide data responsibility. The scope of the project was huge and covered all types of data from all business functions and divisions.
The corporate data management experts defined and analyzed all data areas. The responsible data domain managers for each of the 47 data domains have been nominated with the help of top management. Afterwards, they were trained and consulted. As a result, Schaeffler observed several business improvements. For example, the data quality in the plants’ supply chain increased significantly.
The Data Domain Management Project also contributed to a cultural change. Today, data management at Schaeffler is considered a discipline which is executed in all business functions and divisions; not just by a master data expert team in the IT department. The awareness, transparency and knowledge regarding data was raised substantially.