Codification & CataloguingCodification: Involves assigning unique logical codes to identify Master Data such as materials, services, vendors, customers, and more.
Cataloguing: Involves creating descriptions and specifications for the master data using standards like UNSPSC, MESC, and HARMONIZED.
Cleansing & EnrichmentCleansing:
Cleansing refers to the process of re-structuring existing master data
by applying a naming convention or classification schema to legacy data. This helps in eliminating redundancies, inconsistencies, and inaccuracies in the master data, leading to improved data integrity and reliability. Enrichment:
Master Data enrichment refers to the process of enhancing and augmenting
existing master data with additional information to improve its quality, completeness, and usefulness.
Solution: PRODUCTION TOOL
De-DupingDe-duping involves identifying and removing duplicate entries from the existing master data.
Governance encompasses the maintenance of master data, including tasks such as creating, amending, and deleting
Case Study: Material Master Cleansing
Cleanse existing material master using Noun Modifier and Attributes and implement eNOMCAT software, for a leading integrated Oil & Gas Company in Middle East.Read More
Case Study: Service Master
Prepare Service master in line with the ERP structure, for one of the leading Metallurgical Company in India.Read More
Physical Verification (Physical vs ERP/Book Stock)Physical identification of discrepancies in quantity and specification and cross-verify with ERP and Book Stock data.
Inventory OptimizationThe task involves identifying stock movement, conducting ABC, XYZ, VED, and FSN analysis, and providing recommendations for optimal inventory levels, including safety stock, reorder level, reorder quantity, and maximum level.
SPIR (Spare Parts Interchangeability Record)Reviewing the recommended parts and quantities provided by the supplier.
Case Study: Inventory Optimization (PRISM)
Optimization of inventory using PRISM involving inventory analysis, Fixing Inventory levels, and identifying excess and under stock items, for one of the largest Oil & Gas company in Asia.Read More