Specifications include, but are not limited to: Scope of Data Governance: The following are the data domains (Master data sets) that are in the scope for Data Governance: o Enterprise Structure; o Chart of Accounts; o Customer Master Data - Retail; o Customer Master Data – Wholesale (Licensee & FW&GS stores); o Product Master Data; o Supplier Master Data – Internal (DC’s supporting FW&GS stores); Data Governance Objectives: The objectives of creating a Data Governance organization are: Establish clear data ownership and accountability to meet business objectives.; Establish clearly defined Data Governance, organizational structure, roles, policies, and processes.; Define, approve, and communicate data strategies, policies, standards, architecture, procedures, and metrics.; Track and enforce conformance to data policies, standards, architecture, and procedures.; Data Governance Benefits: PLCB can realize the following benefits by designing and implementing a structured Data Governance program: Effective management of data quality: The Data Governance organization helps establish data quality standards and controls the data setup and maintenance processes. Data standards will help improve data quality and reliability.; Clearly defined roles and responsibilities: The Data Governance organization will help support a clear definition of roles and responsibilities.; Enhanced data security and risk management: Data Governance controls will help ensure that only authorized individuals can access or change the data. Governance rules will help define what types of data can be disclosed to external stakeholders and what controls are necessary to do so.; Effective change management of governance policies: The Data Governance organization will implement a process to publicize, manage, and enforce governance policies policy changes. The goal is to formalize and streamline remediation efforts for existing data, ensure compliance for new data, and notify all impacted stakeholders of any policy changes.; Definitional Integrity (Common Business Glossary): A key output of the Data Governance program will establish a common business glossary that stores definitions for data used across function or organization.
