- Manufacturing & Industrial Goods
Transforming Item Management for a Global Industrial Automation Giant: STATXO’s Data-Driven Solution
Challenge
A global Industrial Automation company with over €2 billion in expenditure and a portfolio of over 100 brands faced significant challenges in item management. Operating with multiple ERP systems, it lacked a defined Item Master, had inconsistent data across 5,500 SKUs, and had no centralized global process for item creation. The absence of standard nomenclature and a reliable data repository resulted in inaccurate, duplicated information, limiting data sharing and collaboration across the organization.
Solution
With a vision to drive digitalization, STATXO aimed to create clean Master Item Data and establish a global line item creation process, starting by collecting accurate data from internal legacy systems. Use AI and ML to enhance data quality, flagging interchangeable items by association rather than relying on codes or descriptions. Implement D365 as a centralized repository for efficient data sharing across entities. Standardize nomenclature, establish data quality rules, and syndicate product data across channels. Lastly, integrate and consolidate data from various sources for seamless management and consistency across platforms.
Testimonial
“STATXO’s team helped us achieve significant improvement in item management, reducing the Item Master size, and boosting data quality by 95%. This has led to improved data transparency, better analytics insights, streamlined operations, and enhanced our overall business efficiency.” – VP, Procurement
Overview
Learn how STATXO transformed item management for a global Industrial Automation firm through a centralized data repository, eliminating duplicates, and improving data sharing.
Impact
The implementation of item management reduced the size of the Item Master by eliminating redundant items and improved data quality by 95%, enabling better strategic and operational decision-making. With a centralized, trusted source of data, the client achieved greater transparency, improved operational efficiency, and seamless data integration across systems. Enhanced data sharing, automation, and item quality helped support mergers & acquisitions, and streamlined business processes, ultimately boosting overall business efficiency and compliance.
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