Parts Data Services

Accurate, reliable data is critical to every organization. It is the foundation for solid decision making, efficient operations, supply chain optimization and regulatory compliance. Organizations strive to have the best possible information, but most face challenges in managing their data. These challenges are usually discovered as part of strategic initiatives:

A supply chain solution is being considered or has been implemented. Realizing the full value of enterprise system depends on good underlying data.
Data is being consolidated from multiple locations/databases in an effort to reduce inventory and improve procurement times and costs. Consolidation can be extremely challenging when data is inconsistent, inaccurate and incomplete.
New industry standards require data to be in a certain format. The same is true for organizations wishing to participate in collaborative efforts such as RFID, VMI or CPFR.
In order to comply with regional, national and even international regulations, organizations must maintain complete, consistent and accurate data. Failure to comply can result in increased cost due to penalties and decreased revenue because of lost sales.

Once identified, data issues can be resolved. Optimizing parts data can have significant value to an organization. IHS offers a variety of parts data optimization services that can be customized to fit each client’s requirements, including:

Data Risk Audit Service

The Data Risk Audit Service is designed to reduce the risk associated with system implementations, by evaluating the overall condition of existing data and determining the level of fitness with respect to the future system functionality.

The service includes a complete review of data to determine the level of completeness and overall condition. Based on this audit, an assessment is made of the risk associated with any incomplete, inconsistent, or inaccurate data that is found. Understanding the condition of the data and the associated risk enables companies to address data issues early in the implementation cycle. By improving data upfront, companies are better able to ensure successful, timely implementations.

Once the data audit has been performed, an analysis report is delivered with an executive summary presentation. The report details the audit results in priority according to their potential affect on the implementation, as well as recommends next steps for addressing any concerns. In addition, data management solutions are identified.

Data Synchronization Service

With the Data Synchronization Service, companies can meet the challenges of sharing data among internal systems and with external constituents. Designed for retailers, suppliers and manufacturers, the service focuses on the entire process of creating, aggregating, structuring and publishing information. Our experienced consultants, rich reference content, and proven quality assurance practices ensure that your data is accurate and complete before you begin publishing it. Our team can also augment your data as needed with attributes, images and descriptions.

The Data Synchronization Service enables companies to:

Reduce internal costs and errors associated with manually preparing data for synchronization
Comply with synchronization requests in a timely manner, thus avoiding penalties or missed business development opportunities
Eliminate data errors in purchase orders and invoices
Improve access to product information throughout the organization
Standardize customer information across the organization for enhanced customer service

Data Cleansing, Standardization and Enrichment Service

The Data Cleansing, Standardization and Enrichment Service provides organizations with complete, accurate parts data in a consistent, standard format. Our experienced professionals cleanse and standardize information in your parts database, product catalogs, materials files and other related sources. We identify missing or incomplete information and eliminate duplicate data.

Once the data is standardized and consistent, we can enrich the data by adding critical information, such as additional product attributes, images, detailed descriptions and manufacturer specifications. The enriched data can then be integrated with other internal systems.

Environmental Compliance Materials Management Service

The Environmental Compliance Materials Management Service is designed to help companies comply with environmental regulations, including the Restriction of Hazardous Substances (RoHS) and Waste Electrical and Electronic Equipment (WEEE) directives issued by the European Union. The service provides companies with the ability to analyze and manage the information required to meet environmental regulations and to determine impacts on manufacturability.

The Environmental Compliance solution includes capabilities for ensuring compliance of individual parts or a complete bill of materials (BOM). Our Environmental Compliance Content Service allows companies to source, create and maintain Environmental Compliance data according to their specific requirements. Compliance reporting tools ensure proper material disclosure.

Full Range of Parts Data Services from IHS

Whatever your parts data needs, IHS can design a solution that’s right for you. Our experienced professionals understand the parts data challenges you are facing and can assist you in conquering them. With parts data services from IHS, you can reduce the risk of implementing new systems, comply with data synchronization requests, ensure your organization has the most complete accurate parts data possible, and comply with RoHS, WEEE and other environmental regulations.

Link to Industrial MRO (Intermat) site