Enventure selected to support SAP implementation and enhance MRO Data quality
Enventure has been selected to support the SAP implementation by enhancing the MRO Data quality, and more specifically providing an industry- standard taxonomy across material categories for a global leader in steel production.
Portsmouth, NH -- Enventure has been selected to support the SAP implementation by enhancing the MRO Data quality, and more specifically providing an industry-standard taxonomy across material categories for a global leader in steel production.
The client is known for the production and distribution of high-quality steel across Europe and North America
The client is performing an organization-wide SAP implementation to capitalize on the full potential of SAP in – reporting, visibility of production costs, and spend optimization. Until now, the client has been using various ERP systems, and the lack of data integration was evident amongst supply chain, procurement, and multiple plants. Enventure performed a sample data analysis to identify gaps in the client’s inventory and provided potential visibility on revenue savings, enhanced plant uptime, and supplier risk mitigation.
The project covers a major task of providing a single golden database of MRO data in English and other European languages, with the UNSPSC code for each line item, thus enabling a successful SAP S4/Hana implementation.
The major challenges for the client with SAP implementation are:
- Lack of standard data taxonomy
- Non-classification of MRO material data to an industry-standard
- Inconsistent, incorrect, and dated - MRO material data across plants and regions
- Increased costs due to a huge number of Duplicates
The availability of technology, experience with MRO data, and subject matter expertise is the key to win this contract for Enventure. The combination of the right taxonomy and cleansed, classified, enriched data in English and the other European languages makes data integration easier with the new SAP implementation. Enventure will deploy an AI-based MRO platform – Partlinq® – to manage client’s data with built-in taxonomies, a growing database of MRO parts & assets, and seamlessly integrated with SAP S4/Hana.
The accelerated MRO Data Excellence program will empower a more agile approach towards consolidating plant operations, performance, enhance real-time spend visibility, and exploit the huge growth opportunity in the overall supply chain function.
“The goal is to provide the utmost control over MRO inventory for the client, that is responsive to the needs of business and uninterrupted plant operations,” says CK Bharathan, Head of MRO Data Excellence, Enventure. “Partnering with Enventure the client will meaningfully accelerate their SAP implementation organization-wide and transform their MRO Data Quality.”
Enventure Engineering LLP (www.enventure.com) is a privately-held, ISO 9001-2015 & ISO 27001-2013 certified Master Data Management and Engineering Services company, with clients in North America, Europe, Middle East, Australia and Asia. Enventure has been serving clients across the globe since 1997. Today, Enventure is a preferred supplier of Master Data Management and Asset management services to companies ranging from Startups to Fortune 500, across various industry verticals such as Hi-tech Electronics, Construction, Automobile, Cement & Concrete, Food & Beverage, Steel, Medical, Power & Water, Oil & Gas, and Industrial Manufacturing. Enventure provides a wide array of services to Clients, in areas such as Master Data Management, Asset Management, Plant Design Engineering, Building Engineering, Product Design, Technical Documentation, Component Engineering, and Environmental Compliance Support.