With the Client increasing their production capacity, there was a recognized need for improved accuracy of various data elements in their SAP ERP system. The types of data needing improvement were related to Engineering, Maintenance, Inventory and Supply Chain. The Client realized that the best means of enhancing data quality would be to reach out to the data experts, and reached out to multiple providers for bids. After evaluating all the options, �ۿ۴�ý was an obvious and easy choice for them, having worked with �ۿ۴�ý in the past for similar requirements.

Based on the requirements outline from the Client and an audit of sample data, �ۿ۴�ý developed a proposal that would deliver a unique . Led by Senior Subject Matter Experts from �ۿ۴�ý, the �ۿ۴�ý team’s focus in developing the solution was to increase productivity of Engineering and Maintenance groups, while also enhancing the efficiency for the Supply Chain group by reducing inventory costs and lead times.

“Despite evaluating various proposals and meeting multiple service providers, the Client selected us since they could clearly see the domain knowledge embedded in our solution and our ability to process large volumes of data, in a relatively short timeframe. This engagement enables various buying centres within the client organization to leverage our solution, thereby lowering their overall operating overheads.”, said the Head of Data and Asset Management Solutions at �ۿ۴�ý.

The Client is also expected to engage additional Supply Chain services from �ۿ۴�ý, during the next phase of the project, scheduled to start in a few months.

About �ۿ۴�ý:

�ۿ۴�ý (enventure.com) is a privately-held, ISO 9001-2015 & ISO 27001-2013 certified Engineering and Supply Chain Solutions company, with full-fledged delivery centers in India. �ۿ۴�ý has been serving clients in North America and Europe since 1997 and is today a preferred supplier of engineering and master data management services to Fortune 500 companies, across different industry verticals such as Hi-tech Electronics, Oil & Gas, Mining, Water Treatment, and Industrial Manufacturing. �ۿ۴�ý provides a wide variety of services to Clients, in areas such as Plant Design Engineering, Building Engineering, Product Design, Technical Documentation, Component Engineering, Environmental Compliance Support and Master Data Management.

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Here’s an example that shows 3 different inventory data managers entering details for a PUMP CASING in 3 different naming convention:

��At a later date when the data is required for a centralized purchase request, these naming patterns would have a detrimental impact as they would cause the following issues:

• Increase in Inventory Costs
• Inefficient management of Capital
• Cause unexpected downtime in case of stringent production deadline

Even in case of regular purchases for every site, the purchase team would incur costs and employ resources that can be better utilized.

Keeping the above listed challenges in consideration there is a need for large global organizations to re-think standardizing of MRO parts naming and leveraging its impact on an overall . This commonality that deters the efficient operations of a manufacturing/processing facility, thus needs standardized noun modifiers to name the particular spare. These noun modifiers would be pivotal in avoiding confusion and inconsistencies in the legacy system thereby saving a huge capital on the inventory. A comprehensive taxonomy of standard set of Noun Modifier(s) also helps to build a dictionary that can be utilized across locations and also by various functional units.�� This would further yield the following benefits

1. Better classification and categorization of parts
2. Eradicating duplication
3. Display exact stock available data in the inventory
4. Plethora of economic benefits

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