Title: A Material Catalog is a Gateway to Operational Excellence and Strategic Procurement
1Fuel the Enterprise with Clean Master Data
Consolidated Product Spare Parts Master
Data strategy and systems delivery backed by deep
domain expertise
Todays Technology and Services to drive material
data performance.
A Material (Product Spares and Item) Catalog is a
Gateway to Operational Excellence and Strategic
Procurement
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2Material Master Data Improve PerformanceCommon
Drivers for Consolidated Catalog
Data quality for new ERP/EAM, acquisitions,
equipment and locations Improving inventory
levels and visibility across global
locations Global management of enterprise
businesses Improving global sourcing through more
effective intelligence and data
- Verdantis MDM solutions are designed around these
three criteria. - Reduce Costs and Drive Business Value
- Ensuring the business has the right processes and
data to realize improved value in their
operations. - Master Data Compliance and Standards
- To assure enterprise compliance and a single view
of the companys Master Data. To most effectively
utilize resources for data quality, maintenance
and approval processes - 3. IT Standards and Compliance
- Furthermore, to assure that the MDM solution
cooperates with IT standards and solutions for
enterprise architecture, security and
applications.
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3Dirty Item Master Data
- What is dirty data?
- Poor unstructured descriptions with limited
attribution - Inaccurate or non-existent Spend classification
or noun modifiers - Inconsistent abbreviations and UoM
- Lack of manufacturing name and part number
- Duplicates
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4Common Material Projects Historic Core
Components
- Standards
- Data
- Data Ownership
- Data Stewardship/Governance
- Process, Automation or Methodology and Resources
for Project - Non-source enrichment
- Approval Processes
- MDM/ERP repository
- Data Standards
- Classification, Taxonomy, Noun Modifier
- Specifications/Data Template
- Type, RPM, Hertz, Frame, Voltage
- Additional information like application and nick
names. - Critical and Non Critical Attributes
- Abbreviation Dictionary
- UOM Dictionary
- Short and Long Material Description
- Material Group, Mfr. Name Part Nbr.
- Local and Department Views
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5Central Consolidated Item Catalog
- A single Master Item ID with extension to
multiple sites/plants and optional links to
multiple preferred suppliers - Items set up to standards reflected in short and
long descriptions. - Local plant and department viewscentrally
maintained. - Relevant Items kept in multiple languages as
required. - Synchronization to single or multiple
ERP/EAM/MDM systems - A governance process and plans to keep to
standards as new Items are added.
New Part Requesters at Edge of Org.
ERPs
Central Item Master Repository with MDM
Automation
System Synch
EAMs
eProcurement
Enterprise Touch Points Manufacturing,Accounting,
Maintenance, Services,Compliance, Procurement,
Engineering, Suppliers
Data Quality Solutions
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6Material Master Data Drive Performance
A Material (Product Spares and Item) Catalog is
a Gateway to Operational Excellence and
Strategic Procurement
More efficient search Cross plant / business
unit visibility Create new parts without
duplicates Reduce inventory costs Reduce
engineering costs Enhanced spend management
Verdantis Short Description
Verdantis Long Description
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7Tag
Verdantis Automated Material Data Management
Solutions
Data Industry Domain Expertise
Project Management
Systems Integration
BI Reporting and Analysis
MDM and Catalog ConsultingBusiness Case
DevelopmentProfessional Services
Copyright 2024. All Rights Reserved.
8Location 103 Carnegie Center, Suite 300,
Princeton, NJ 08540 Telephone 1 (866)
987-4463 (USA) Email info_at_verdantis.com
Get In Touch
www.verdantis.com