Material master data audit is to assess the organizations Materials Master Master data quality whether it fits to achieve goals of different departments such as Inventory, Plant Maintenance and Supply chain management.
Similarly Vendor master & Service master data quality can be assessed by identifying the Data accuracy, Correctness, Not current Information's such as Vendor names, Vendor classifications, Contact details, Contract information's, Duplicates etc.
Our Data Cleansing and Standardization services includes the following Organizational data segments such as Material Master, Vendor Master, Service Master, Asset Master, Item master, MRO Materials Master, Healthcare Item Master.
Primezerve has over 10+ years of experience in Data cleansing and Standardizations by providing accurate database. Primezerve collect the customer data from their various systems such as ERP/EAM/CMMS Systems, analyze the data and identify the gaps such as insufficient, in-correct, non-standard, in-consistent, missing information’s, Validation of Manufacturer/Reference details, UOM’s and identify how bad is the legacy data and propose the corrective actions needs to be taken to result meaningful data to benefit organizations stake holders departments such as Finance, Inventory, Materials, Logistics, Supply chain management, Plant Maintenance and Information Technology.
Properly Classify your Material Master, Vendor Master and Service Master and get more transparent and integrated spend visibility. Organizations can use this standard instead of looking into individual product catalogs, vendor information's and service details. UNSPSC Classification system is in-built with PrimeMDG® to identify and classify the organizations transactions.
In today’s precarious economy, Spend Analysis gaining increasing respect as a potent weapon in the battle to squeeze new savings out of corporate procurement processes. Use spend analysis through UNSPSC Classification, grouping & reports to determine precisely what they pay for Materials, Products & Services.
Primezerve has classified millions of Materials/Vendors/Services to the UNSPSC Classification System span across many industry verticals such as MRO, Healthcare, Pharma, Retail segments.
The Backbone of Material Master Data structuring is structured taxonomy which guide the organization to follow right path for creating the Material Master data in a structured and sequential manner. Taxonomy guide end users to create the material request as well for structuring the data in a standard format.
Throughout the years, we have developed a Data Taxonomy for Material data classification which includes more than 4000 commodities. In addition to developing our own internal taxonomy, we also develop custom taxonomy for our clients.
Material Inventory Stores often require audit for identifying stock & material data in order to identify the material in the system correctly and ensure accuracy of the specifications. Walk downs are necessary to improve the accuracy of Material stock, Conditions, Material/Part item descriptions that cannot be processed remotely and can only be achieved through physical identification. Walk downs also helps to audit unaccounted inventory and Obsoletes stock.