Henkel North America
Effectively using data is top of mind for David I. Schwartzer, risk manager at Henkel, a Fortune Global 500 leader in brands and technologies that markets a wide range of well-known consumer and industrial brands in North America, including Dials soaps. Purex1D laundry and Loctite adhesives.
"We are typical of risk management departments in that we interface with many other departments both internally outside of Henkel," Schwartzer said. We provide data and analysis to other departments within our company, to the parent company in Germany and to third parties such as auditors and actuarial data firms who perform analyses of our claim portfolio. With the high-quality reporting us to produce, we've raised the risk management team's stature both inside and outside of Henkel.
A Bright Future for Business Intelligence
"Our ability to interrogate data and learn from it has improved in that we have ways of looking at data now that help us ask detergents, , questions we might not have known we needed to answer. We've also gained the ability to present our data in what is clearly a more professional manner. We've moved from spreadsheet-based reports to and presenting information and analysis that is generated straight from our RMIS; as a result, we have made it easier for recipients to review the reports and have confidence in the accuracy of the presented and take in the information presented."
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