Master Data Management (MDM) for Inventory Optimization Project – Algihaz Holding 2023
- Challenge
- Duplicate records and inconsistent data.
- Increased procurement costs and extended approval cycles.
- Difficulty in tracking changes, compliance, and inventory accuracy.
- AIGC Solution
- Catalogue Standardization using Sphera’s Standard Modifier Dictionary (SMD).
- Governance & Compliance:Data governance practices to control creation, modification, and approval processes.
- Process & Tools: Integrated ERP with MDM solutions.
- Realized Value
- Operational Efficiency: Improved overall asset management and decision-making through structured, visualized, and standardized data
- Inventory Optimization: Enhanced inventory accuracy, reduced stock redundancy, and ensured availability of critical materials.
- Maintenance Reliability: Enabled more reliable maintenance programs with accurate BOM and asset data.