SOLUTIONS
Data Value Assessment™
Boost your business with data-driven insights. MCA Connect’s Data Value Assessment™ uncovers and prioritizes opportunities that will make the most impact in the shortest amount of time.
become a data-driven enterprise
Maximize the full potential of your data
Data-driven enterprises grow an average of 30% each year and are 23 times more likely than non-data-driven businesses to acquire new customers. To drive efficiency and bring solutions to market, acting on the insights within your data is key.
However, most manufacturers spend too much time going back and forth with multiple leaders guessing at demand forecasts, staffing plans, inventory plans, carrier schedules, and supplier negotiations. As a result, they don’t spend enough time looking for answers in data spread across their organization, customers, and business partners. Sound familiar?
average growth of data-driven enterprises
more likely to acquire new customers
Uncover new opportunities
MCA Connect’s Data Value Assessment™ uncovers and prioritizes opportunities to harness your data for the most impact in the shortest amount of time. Led by our manufacturing experts, this phased approach only takes a few weeks and ensures you’ll leverage the full power of your data. Here’s how it works.
Step 1: Assess and discover
Uncover new opportunities with an in-depth assessment of the data you have as well as the data you should collect.
First, we’ll assess your data flows and processes to identify strengths, inefficiencies, and untapped potential. This assessment may take a broad look at multiple departments and source systems, or we can focus on a specific function or goal. These may include intelligent procurement and negotiations, supply chain optimization, customer lifetime value, or proactive and connected field service.
In this phase, you’ll:
Uncover the data you have and identify the data you need
Find weak spots and missing links by mapping system data, data models, pipelines, and flows
Evaluate your current data strategy to discover untapped potential and areas for improvement
Need help convincing others?
Are new initiatives an uphill battle? Have past programs failed to deliver expected outcomes? We get it and are well-versed in navigating political landscapes on our customers’ behalf. By demonstrating clear value and ROI, we’ll help show your C-Suite why harnessing the power of data is critical to success and growth.
Step 2: Prioritize opportunities
After assessing your data, we’ll help you prioritize opportunities on a Kaizen PICK chart.
In this phase, you’ll:
Identify opportunities for change and improvement
Evaluate the financial impact of proposed changes
Prioritize opportunities by impact versus effort level
Step 3: Leverage the full power of your data
After assessing your data, identifying strengths and inefficiencies in your processes, and prioritizing opportunities, it’s time to act. Start leveraging the full power of your data with tailored recommendations and a clear plan you can act on immediately with tangible short-term ROI.
In this phase, you’ll:
Explore
findings to learn where your data can drive the most value.
Pursue
prioritized opportunities listed on a Kaizen PICK chart.
Learn
how best to align your business priorities with a proposed enterprise architecture.
Establish
business justification with a financial value estimate model.
Start
becoming a data-driven enterprise with an execution plan detailing tangible benefits.
What you get with Data Value Assessment
A tailored data strategy and roadmap
Proposed data architecture
Customized execution plan
Ready to get started?
Request a free data scoping session today.