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Premium Forest Products Business Intelligence Initiative

This overview outlines the Premium Forest Products Business Intelligence Initiative, focusing on technology infrastructure, spend management, and the importance of data governance. It highlights challenges such as inconsistent data definitions and the need for user trust in data systems. The initiative aims to establish high-quality, well-defined data use across procurement and vendor management, empowering decision-makers and enhancing operational efficiency. Key recommendations include prioritizing data quality, refining governance roles, and fostering agile methodologies for scalable solutions.

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Premium Forest Products Business Intelligence Initiative

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Presentation Transcript

  1. Premium Forest Products Business Intelligence Initiative

  2. Overview • Premium Forest Products (PFP) • Technology Infrastructure Roadmap • Spend Management Business Intelligence (BI) Application

  3. Application Capabilities • Analytical Reporting • Online Analytical Processing (OLAP) • Accurate & Accessible Meta-Data • Data and Process Consistency

  4. Spend Management • Procurement Management • Vendor management

  5. Data Governance • Data Rich but Information Poor • Missing Opportunities to Leverage and Exploit Data • Too Much Time Analyzing and Validating Data • Concerns Regarding Data Privacy and Security • Inconsistent, Conflicting, or Missing Data Definitions and Business Rules • If the Users don’t Trust the Data, they won’t use the System • Goal: • The Consistent Definition, High Quality, and Appropriate Use Of Data

  6. Data Governance • Data Governance Roles: • Data Owners • “Process Champions” • Data Stewards • IT Personnel • Govern the data that needs to be governed • Recommendation: • Data Quality/Cleansing Software

  7. Project Governance • Divide and Conquer • Prioritization Framework • Business Benefit, Technical Complexity, Organizational Readiness • Recommendation: • Functionality Baseline, PPP, Fundy Post, Champion

  8. Skills and Knowledge • Data Governance Participants • Power Users • Business Decision Makers • End-Users

  9. Methodology • Think Globally, Act Locally • Two Fundamental Aspects: • Information Gathering • Application Building • Processes: • Bidder Set-up, Reverse Auctions, Supply Chain Negotiations, Purchasing Activities, Contract Creation, and Fund Spending In General • End-users are shown deliverables multiple times

  10. Conclusion • Data Rich, Information Poor • Responsible Development • Agile Methodology • Next Step: Get Ready Goal: Efficient, Scalable Solution

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