About the client
Our client is a globally recognized conglomerate with a rich legacy in diverse industries. It is in the League of Fortune 500 and has a consolidated market cap of over US$100 billion. Anchored to 100 nationalities across 40 countries, they are built on a strong foundation of stakeholder value creation.
Business need
To establish a central repository for critical master data, ensuring consistency and accuracy across the entire business organization.
Challenge
To maintain the accuracy and consistency of master data across the entire organization which requires ongoing effort and data cleansing processes.
Project Scope
Material Master
- Preparation of a unique list of Noun & Modifier with detailed templates for each combination.
- Codification based on UNSPSC (8.12) standards.
- Focus on data cleansing with no enrichment.
Vendor and Service Master
- Generation of unique codes for both service and vendor in the ERP database.
- Maintenance and updating of the following masters:
Vendor Business Unit Master
& Service Business Unit Master
Processes are carried out both online and in SAP MM.
Resolution provided & New project initiation
- Establishing a framework to balance cost savings with the potential consequences of risk based on criticality
- MRO inventory holding was reduced by implementing PROSOL, resulting in a significant cost savings of $5.82 million. This represents a 29% reduction in duplicate MRO items.