Data Governance for Global Product & Automation

In the pursuit of becoming data-driven and ensuring compliance with stringent regulatory measures, this organization enlisted the expertise of D3Clarity to lead their governance initiative. The primary objective was to unravel the complexities surrounding all parties involved in a purchase to navigate the intricacies of MEU legislation.

D3Clarity adopted a strategic data approach, placing a special emphasis on root customer analysis to comprehensively understand the transfer of control. Despite the organization’s established data management landscape, a crucial gap existed between technology and business processes. The solution involved a meticulous Critical Data Element (CDE) alignment process, delving into the nuances of each CDE needed for MEU compliance, its definition and its practical application.

Recognizing that all data is not equal, D3Clarity’s engagement reenforced the importance of being rigorous in the governing of critical data elements and ensuring their fitness for intended use across the enterprise. This approach was pivotal in establishing processes that enabled Teradyne to govern and maintain data appropriately, shedding light on the roles of external entities – including buyers, receivers, owners, service organizations, financiers, and logistics – in the sales process for any given equipment or component.

The delineation of processes played a vital role in ensuring that data was governed and leveraged effectively to comprehend the diverse roles external entities played in the sales cycle. This comprehensive understanding empowered the organization to identify areas for improvement, making their compliance efforts more robust and well-defined.

D3Clarity’s approach was to moderate the discussions and guide the internal stakeholders on how to progress beyond traditional data management, providing a roadmap to not only enhance the quality of CDEs but also to align them strategically with the intricacies of the business processes.