Enventure’s MRO Solutions enable organizations to enhance and maintain the integrity of their master data, take control of spend analytics, enhance procurement capabilities, optimize cost reduction through supplier rationalization, and better sourcing practices.
Developing a ‘single version of truth’ by consolidating data from multiple systems, departments and geographies is the first step towards MRO Data Excellence. Enventure helps you perform Data Audit, Taxonomy Design, Material Cataloging, Data Cleansing, and Enrichment, Data Classification and so on.
Benefits of a Quality Master Data
Enventure’s solutions provide an efficient way to address the data quality challenge, as well as ensure good data governance on an ongoing basis.
Enventure solutions enable Clients to:
- Create and manage clean and up-to-date material master repositories, which serve as the backbone for Supply Chain, Procurement and Maintenance
- Optimize the supplier base, to reduce Cost of purchasing and procurement, shipping cost and improve strategic sourcing relationships and maintain pricing rationalization.
- Conduct Crib Crawl, Vendor Master Maintenance, Asset Register Cleanup and setup a Master Data Governance framework
- Optimize the purchasing process through Integrated Procurement Support Process
- Manage MRO/ Indirect parts inventory to reduce Asset down time, reduce inventory carrying costs and improve Warehouse/Stores management
- Improve control of Direct Materials, by optimizing Bills of Materials (BOM) Management and ensuring efficient procurement.