Verdantis Material Master Data Management Delivering standardized, de-duplicated & enriched Material Master Clean, consolidated, enriched and maintained material master data is the foundation for optimized inventory, rationalized materials spend, and improved procurement processes, and is a key enabler to realizing significant benefits from an ERP consolidation or upgrade initiative. Automated Material Data Management DRIVES ENSURES A WISE INVESTMENT Inventory optimization Materials cost reduction Enhanced productivity High quality Scalability and consistency Lowered project cost due to automation > 50% faster then manual services Low risk (try before you buy) High return (typically > 10 x)
Material master data contains critical information about all the materials that an enterprise procures, produces, and keeps in stock. It is the central repository of information for materials which contains descriptions of a variety of data elements and is part of the core functionality of an ERP system used by distribution or manufacturing type function. Harmonizing legacy material master data is a critical part of an ERP upgrade or consolidation initiative more than 1/3rd of the hard dollar benefits from an ERP project come from optimized inventory and reduced material costs. Yet most data consolidation projects that use manual approaches or generic MDM tools tend to drag on forever, fail to meet data quality parameters and go beyond their budget. Verdantis automated solutions combine deep industry specific domain expertise and proven methodology to address these concerns and: Ensure high data quality, consistency and scalability Slash data consolidation project timelines by more than 50% Lower project cost without sacrificing volume coverage or quality Rationalized and enriched material master data is a vital enterprise asset that drives optimization of inventory and improves shop floor productivity. It provides greater visibility into and control over material spend. As organizations consolidate ERP systems, engage in strategic sourcing or launch enterprise wide spend management initiatives, they find that the efficiency and accuracy of their business processes and reporting are dependent on the item master data. More than just good housekeeping, a methodical and automated approach to cleansing, classifying, and enriching item master data lays the foundation for the continuing success of many enterprise initiatives. Given the intense pressure to increase operational efficiency, drive M&A synergies, and maximize ROI from ERP initiatives, forward thinking companies in industries such as manufacturing, energy and utilities simply cannot afford to lose competitive advantage due to material master data inefficiencies. Given the magnitude of the problem and the opportunity, MMDM is not just a sound investment it is an essential one. Verdantis Master Data Solutions VERDANTIS MDM SOLUTION SUITE MATERIAL SUPPLIER CUSTOMER PRODUCT Supply base rationalization Reduced
Material Master Data Management is critical A recent survey of manufacturing and utility/energy companies going for large ERP initiatives showed that harmonizing and managing material master data was the #1 master data management priority Effective Material Master Data Management is critical for improving operational efficiency BAD MATERIAL DATA Search inefficiency/ Reduced Employee Productivity Reduced Inventory Visibility Duplicate items/ Excessive new item introduction Ineffective Category Management & Spend Leverage High inventory Carrying Costs GOOD MATERIAL DATA ERP/MMIS : Increased adoption and efficient usage Plant Maintenance : 5-8% increased uptime Inventory/ Duplicates reduced by 5% - 30% Material Procurement: Savings opportunities > 10% Improved Cash Flow The integration of all material data in a single materials database eliminates the problem of data redundancy. This permits the data to be used by various departments/applications such as: Accounting - Valuation and costing/price calculation information. Examples: standard price, past and future price, and current valuation. Materials planning and control - Information for material requirements planning (MRP) and consumption-based planning/inventory control. Examples: safety stock level, planned delivery time, and reorder level for a material. Purchasing - Data provided by Purchasing for a material. Examples: purchasing group (group of buyers) responsible for a material, over and under delivery tolerances, and the order unit. Engineering - Engineering and design data on a material. Examples: CAD drawings, basic dimensions, and design specifications. Storage/ warehousing - Information related to the storage/warehousing of a material. Examples: unit of issue, storage conditions, and packaging dimensions. Forecasting - Information for predicting material requirements. Examples: how the material is procured, forecasting period, and past consumption/usage. Sales and distribution - Information for sales orders and pricing. Examples: sales price, minimum order quantity, and the name of the sales department responsible for a certain material. But Material Master Data Management can be a challenging task High volume of data and multiple languages Non-uniform Commodity Coding standards Poorly classified data Poorly Structured descriptions (inconsistent specifications or Missing specifications) Incomplete data (missing part numbers or original Vendor names) The Missing characteristics (attribute) information for items and parts. Most material master data harmonization projects fail because manual services or generic Master Data Management tools lack the capability and scalability to serve the Global 1000 scenario. Generic solutions that try to deal with all types of master data, focus more on harmonization & synchronization. They have simple rule-based work flows to ensure data integrity. On the other hand, Verdantis Material MDM is the best-in-its class solution that focuses on the critical master data harmonization process, and keeps it clean on an ongoing basis.
Verdantis Material Master Data Management Verdantis' Material MDM solutions Material Harmonize and Material Integrity combine automation and domain expertise to deliver complex material MDM projects on time and on budget, and ensure ongoing data integrity. Fully automated solution to cleanse and enrich historical master data VERDANTIS VERDANTIS INTEGRITY MDM/MDG application to prevent duplication, and ensure on-going data integrity Offered historically as A turn-key service Now also offered as Licensed SaaS Platform AutoClass Classification into pre-determined codes AutoSpec Attribute extraction & de-duplication software for Material master AutoNorm Normalization & validation of MFG, MPN and UOM AutoCrawl Intelligent web spidering tool for Data harmonization Artificial Intelligence forms the bedrock of Verdantis automated MDM solution suite Overview Verdantis Material Harmonize Material Harmonize is a fully automated solution for cleansing and enriching historical, material master data. It combines AIbased, software driven automation, domain expertise and proven methodology to ensure the success of ambitious item master cleansing and consolidation projects involving millions of items and multiple European and Asian languages. Material Harmonize automatically classifies, extracts attributes, enriches the data, checks for duplication, and enables superior discovery of identical/ alternate parts and items. Key Benefits High quality and consistency Scalability Reduced Total Cost of Project due to automation Slashes data consolidation project timelines by over 50% Improved ROI from ERP implementations Force multiplier of internal teams of 10x Key Features Combines AI based, software driven automation, domain expertise and proven methodology SaaS based solution with configurable work-flows and data-management rules Graphical process builder to manage distributed and virtual team processes CUSTOMER INFRASTRUCTURE Legacy 1 Legacy 2 Legacy 3 Legacy 4 Client Access Schema Collab. Approval E T L Automated Data Normalization AutoNorm Material Model AutoClass Automated Material Classification VERDANTIS MATERIAL Automated Data Extraction, Normalization and Enrichment Material MDM Data Cleansing & Enrichment AutoSpec AutoSpec Taxonomy Schema Material MDM Classified, Normalized, Enriched, De-duplicated, Consolidated Data Productivity increasing automated technology like clustering, fuzzy logic matching, and learn-by-example Taxonomy and language agnostic solution Intelligent Web Enrichment like Part Number, Category Code AutoCrawl Quality Check
Verdantis Harmonize Core Differentiators Automated data Cleansing for your historical Master Data delivers higher quality and consistency than manual processes Designed for Master Data managers to define and implement enterprise level master data management strategy Automated Classification of materials into standard Taxonomies like UNSPSC, ecl@ss or Custom taxonomies Point Solutions for each master data structure and object Built-in specification sheets for more than 3000 categories Coverage for MRO, chemicals, direct materials for various industries Automated extraction of specification values from the source description Ability to populate missing attributes values from a content repository and to automatically populate the content on demand. Intelligent duplicate identification based on attributes Robust QA process for L1 & L2 duplicate master data records Built-in module to provide automatic Nouns and Modifiers for materials and ability to configure the descriptions required by the customer Data Output Options Long and Short Descriptions in customized formats Verdantis Material Integrity Overview Material Integrity is an intelligent master data management tool that manages the quality of master data on an ongoing basis, and keeps a cleansed, harmonized materials master permanently clean. It provides a one stop solution for master data managers who are responsible for maintaining the quality of materials data in the ERP system, and who need to prevent data duplication and enable enhanced discovery, visibility and compliance. Material Integrity leverages AI-based software tools in a real-time mode for intelligent auto-creation of items and ongoing data quality maintenance-at source. Key benefits Keeps data permanently clean Reduces the burden of data quality maintenance of the data creator Efficient Search, Increased visibility of parts within plants and across plants Speeds up new item creation process. Key Features Intelligent, real-time master data management application that bolts onto leading ERP systems DATA AGGREGATION Data Consolidation ABAP Extractors for SAP systems Generic adapters & Custom Queries For non SAP systems Intelligent search and auto-create capabilities. Prevents duplication at source, and ensures real-time/ ongoing data integrity Handles unstructured data-cryptic, dirty data entered in the shopfloor Powerful data governance and data modeling capabilities Data Modeling Technical Model MetaData Templates Taxonomy Schema Attributes schema Approval Roles HARMONIZATION LAYER XML based Field Definition Data Governance Approval Workflow Role/Need Based Data Templates Governance Policies MATERIAL INTEGRITY ARCHITECTURE AutoCreate Process AutoClass AutoNorm AutoSpec @source Data Vaidation Search Context Sensitive Search (AutoClass, AutoNorm & AutoSpec Guided) SYNCHRONIZATION LAYER Synchronization Infrastructure Batch Export ERP Adapters SOA Enabled API s
Verdantis Integrity - Functional Features Accurate, up-to-date, consistent, enriched and de-duplicated material master data Timely identification of supply chain disruptions, risks and material scarcities Handles unstructured data-cryptic, dirty data entered in the shop-floor Short and long description generation to ensure enriched and rationalized descriptions Robust platform for future MDM/ERP harmonization or upgrade initiatives Interactive dashboard for collaboration among plants, manufacturing materials, business units and other cross-functional divisions Faster material procurement processes, lower process costs Attribute based search advantage for better material identification, tracking and reuse Centralized Creation and Management of Material Data Accurate, up-to-date, consistent, enriched and de-duplicated Material Master Data Governance process to ensure material data quality at source Enforce compliance with pre-defined standards and formats Get all material related information in one centralized location Automated and highly configurable workflows to implement data stewardship and security Robust platform for future MDM/ERP harmonization or upgrade initiatives Short and long description generation to ensure enriched and rationalized descriptions Enhanced collaboration between plants and manufacturing facilities, and across crossfunctional divisions Timely identification of supply chain disruptions, risks and material scarcities Improved material identification and reuse that reduces plant downtime and lost revenue opportunities Attribute based search advantage for better material identification, tracking and reuse On-demand real-time validation of information added by any party Easy to deploy, use and scale up Adaptable and customized data replication to source systems with data available cross-functionally
Verdantis Material Integrity Framework Real-time data synchronization Verdantis Material Integrity Plants,Manufacturing facilities and Global Locations Verdantis Material Integrity - Objective Materials Management Materials can now be closely knitted across the enterprise for an efficient supply chain Verdantis Material Integrity SAP Material Master Data Oracle Management that integrates with Maximo your ERP backbone JD Edwards and Others Real-time Data Synchronization that allows single version of clean, accurate material data Access to accurate material data for procurement and plant management teams Verdantis Integrity - Key Benefits Improved collaboration across plants for better synergies and supply chain process improvement Access to accurate material and MRO data leading to increased cross-plant visibility Increased plant uptime and employee productivity with reduced supply chain disruptions and lead times Ensure information flowing into the all the systems is approved, accurate and complete Optimize ROI from enterprise and supply chain IT systems like ERP, MRP, EAM, SCM, etc. Reduce total cost of ownership of material data and IT infrastructure Ensure enterprise wide material visibility for informed procurement decision making Reduced order fulfillment times, transaction processing costs Ensure contract compliance by reducing maverick purchasing Visibility of normalized and enriched material data across and beyond the enterprise Easily manage and track inventory levels to reduce, manage and plan for supply chain risks and mitigation Maximize ROI from M&As by leveraging the inventory base from all the merging entities
About Verdantis Verdantis is the first to offer Master Data Management solutions that bring real ROI and Business Value by focusing on the business use and application of organizational Master data. Verdantis uniquely offers end-to-end automated ERP MDM solutions driven by our suite of Artificial Intelligence (AI) based solutions and business roles and rules. Our easy-touse solutions are easily configured to fit enterprise requirements for classification, enrichment, screens, fields, security, attachments, workflow approvals, languages and more. Verdantis Harmonize is a high-speed automated material /item data quality improvement tool that uses internal knowledge assets to master legacy data. Harmonize assures a globally unified, standardized, de-duplicated and enriched material master for uploading into a customer s ERP, EAM as well as Verdantis Integrity. Verdantis Integrity One is an ERP/EAM-agnostic Material Master Data governance solution for single ERP/EAM environments that stands up rapidly to deliver value chain benefits. It encompasses industry proven information models and a robust workflow to ensure standardization in new item creation, while leveraging Google-like search to improve parts visibility. It is designed to reinforce policies and norms for material creation and categorization through a more effective, software-guided approach. Verdantis Integrity Enterprise is a data governance tool that manages the quality of the material/item/prodcut master data on an on-going basis. Powered by a strong workflow engine and a guided item creation process, it keeps a cleansed and harmonized material master permanently pristine. It prevents data duplication and enhances organization-wide parts discovery, visibility and compliance Leading global companies have chosen Verdantis solutions for the following reasons: In-depth industry and data specific domain expertise with a robust project methodology End-to-end automated processes to harmonize & enrich historical master data Ability to ensure semantic and structural data integrity and quality Ability to handle large volumes of cryptic and complex data in multiple languages Delivery of higher quality and volume than manual/ database centric approaches Flexible engagement models with a single focus on customer success CLIENTS INCLUDE: Coca Cola Cargill Siemens Water Technologies Florida Power & Light ConAgra Foods American Sugar Refining Group UPM Weatherford International Energizer Power One Scotts Miracle-Gro Siam Cement Group Stora Enso Weyerhaeuser Electrabel National Oilwell Varco AK Steel Essroc Carmeuse Lehigh Convanta Energy Agrium St. Barbara. NORTH AMERICA Princeton: 103, Carnegie Center, Suite 201, Princeton, NJ 08540. Ph: +1 609 799 5665 Toll free: +1 866 987 4463 Atlanta: 555 North Point Center East, 4th Floor, Alpharetta, GA 30022. Ph: +1 678 773 5112 EUROPE London: Office No. 104, 400 Thames Valley Park Drive, Thames Valley Park, Reading, Berkshire, RG8IPT United Kingdom. Ph : +44 (0)800 622 6561 ASIA Mumbai: Plot No. A-56, MIDC Andheri (East). Mumbai - 400 093, Ph: +91 22 6164 7602 nd Verdantis Technologies Pvt. Ltd. 2 Floor, P & S Corporate House,