Best Practices for MRO Material Master Maintenance Processes

For most companies, simply having your items classified to the UNSPSC or other MRO taxonomy is not the only innovation needed. Many material master datasets are in such disarray that they need a complete cleansing, enrichment, standardization, formatting and analysis for duplication before any real cost saving initiatives can begin. We usually find many problems in all datasets.

• 1. Incorrect Manufacturer name, part number, description
• 2. Supplier name listed instead of manufacturer name(Leads to Duplicates)
• 3. Supplier part number listed instead of manufacturer part number (Leads to Duplicates)
• 4. Missing part number or manufacturer name (Sometimes hidden in description)
• 5. Same part numbers listed with different/conflicting descriptions
• 6. Same manufacturer name spelled/formatted multiple ways
• 7. Obsolete items

Data enrichment is the process of refining and rebuilding your raw data with outside sources to make it complete and correct. We use internet based catalogs, manufacturer websites, pdf based product catalogs and our own curated catalog of reference data to obtain the information that is incorrect/missing from your dataset. We then take your data with the newly enriched information, and we apply your taxonomy, formatting and classification standards to each item. This turns your data from a burden on your enterprise, to a value creating asset. Allowing your company to save millions by reducing and consolidating inventory.

Our data enrichment process is the fastest, most cost effective way to take your data from an F to an A with minimum time and resources invested by you the client. This is a process that we recommend before loading any dataset into a new ERP system. At the end of our master data enrichment process, you will be provided an output file containing all of your enriched data in the format you need to load into your ERP system.

MRO Data Governance as a Service

Semantic Fact has created a platform that facilitates the creation and consumption of quality data. We offer an integrated approach to MRO data enrichment which provides a process to pre-cleanse and enrich your data before it is entered into your ERP.

Our master data management and data governance process management application is available using a subscription model via SaaS / DaaS and is priced by blending a per user/month license fee with a per record/line item fee.

Data cleansed and enriched by us is referenced to our pre-enriched Material Master Data Catalog and enhanced with data that was previously not available to your organization without an outsized implementation investment.