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Business Case

  • Sailing smooth through Data Vortex – Master data management

    This E-book will provide you with an in depth view of MDM and key related factors that you should be aware of to support a successful MDM initiative. It will also explore the role of stakeholders and discuss best practices, ending with a brief about key masters and ancillary masters.

  • MDM as an Answer to ROI of ERP Deployment

    Per a recent survey it has been found that 75-80 % of ERP projects failed to generate the desired ROI. For the promised benefits of ERP deployment like better decisions, reduced costs and increased performance to translate into tangible dollar savings, these initiatives need to be supported well by other success factors. Prime among these is master data management (MDM).

  • MRO Master Data Management for Enhanced Maintenance Performance

    MRO assets form the crux of the indirect supply chain and play a vital role in the production and maintenance lifecycles. Maintenance is one of the core functions of every asset intensive industry and as assets become increasingly complex and the dependency on them increases, it is increasingly important for organizations to have a strong hold over their maintenance processes and run an efficient, continuous manufacturing or service operation environment sustained by an event-less supply chain. It has largely evolved from being reactive and corrective to planned and preventive.

  • The Million Dollar Question: Master Data Management Before or After ERP

    The million dollar question that rules every ERP Implementation, Up-gradation or Consolidation project is whether to worry about a Master Data Management solution or not? After all, isn't a brand new multi-million dollar ERP system supposed to take care of all your problems anyway?

  • Managing Material Master Data For Enhancing Procurement Efficiency

    The global business ecosystem operates in a complex data web, which, if not threaded expertly impedes business excellence. IT, ERP and business champions all over the world are increasingly turning towards Master Data Management to effectively manage data to achieve optimum business results. Clean and business ready data is one of the critical success factors that lead to the difference between procurement and supply chain functions that are world leaders and others.

  • Solution Brochure

    Successful master data consolidation is still a distant dream for many global enterprises. This problem has arisen due to rapid business expansion without much emphasis on progressive master data consolidation. Till date, enterprises have either invested their in-house resources or opted for traditional manual-intensive content enrichment to cleanse their data.
    But this has often resulted in huge cost and time overruns while recording a poor data quality. The need of the hour is a solution that ensures quick turnaround of data at a lower total cost without compromising on the data quality i.e. a faster, cheaper and better solution.

  • Large wood products company leverages Verdantis for ERP consolidation across 25 plants

    Verdantis has recently worked on a common catalog project for a large Wood products company with remarkable effect. The Fortune 500 company employing over 13,000 employees globally was undergoing an ERP change at its 25 Wood Products plants from 25 individual instances to 1 instance across the 25 plants. It has leveraged Verdantis' Artificial intelligence-based Material Master Data solutions to harmonize an item master of over 300,000 SKUs to create a common catalog to fuel optimum plant performance.

  • A Leading Cement Export Company’s Master Data Management Initiative

    With a large acquisition in the works in Europe, and another in Canada looming on the horizon, one of the largest sugar refining companies in the world was looking at ways to derive more data driven value They decided to consolidate their SAP ERP systems and implement a comprehensive data quality program to improve its ROI. Verdantis was chosen as the partner of choice for the implementation of data quality and governance. Read this Case Study to learn how a large sugar refining company derived greater returns from their M&A activities and ensuing SAP ERP consolidation.

  • Fortune 200 Forest Products Company

    This customer is a Fortune 200 forest products company spread across more than 15 countries, with revenues of more than $10 billion, and 50,000+ employees around the world.

  • Siemens Partners with Verdantis for Massive ERP Harmonization and MDM Initiative

    This is a Case Study about Siemens’ Water Technologies Business Unit’s partnership with Verdantis for Massive Enterprise Resource Planning (ERP) Harmonization and Master Data Management (MDM) Initiative to improve visibility and control of information, operational efficiency and working capital management.

  • Leading Packaging Company Unloading efficiencies after acquisition of a competitor

    What happens when a smaller company is trying to acquire a larger one – an already complicated projects acquires new levels of complexities. This was the scenario when our client, one of the largest packaging companies in North America, approached us. Verdantis got down to harmonizing the material master data from two distinct systems and setting up a governance system to maintain the data quality.

  • Business Case

    Business initiatives such as ERP system consolidation, enterprise spend management, total productivity management (TPM) and improving overall equipment efficiency (OEE) have one thing in common. That is dependency on a clean, classified and attribute enriched master data. Master data that is wrongly classified can result in:

    • Increased inventory & procurement costs
    • Decreased plant & equipment availability
    • Payment & taxation related errors/frauds

    To prevent such a system collapse, it is essential to consolidate, rationalize/normalize and enrich material master data that can be transformed into a source of competitive strength for these enterprises.

    Enriched Item Master = Efficient Enterprise

  • Harmonized Tariff Schedule
    Verdantis & Harmonized Tariff Schedule (HTS)

    Verdantis, a leading provider of Master Data Management (MDM) solutions, now offers Harmonized Tariff Schedule or HTS classification as a part of its offerings. The growing world trade has changed the market dynamics over the last decade. This has necessitated the need for a distinct classification system to facilitate trade from the customs point of view.

    Verdantis domain experts map HTS as per specific trade data requirement of customers. This impacts the supply-chain of an organization by reducing shipment delays and improving the turnaround time. In other words, this unique value-add can help improve supply chain efficiency.

    Verdantis offers the best solution suite to meet the Master Data Management requirements of Global 2000 organizations. Its MDM solution suite can classify data size ranging from 10,000 SKUs to over a million SKUs.

    The United States has put in place the HTS, which is based on the Harmonized Classification system for imported goods.

    Highlights of Harmonized Tariff Schedule:

    • HTS consists of a hierarchy for all goods in trade
    • It determines the import duty applicable for a given item
    • HTS clarifies any restrictions & regulations on the trade of a commodity
    • The hierarchy consists of 8-10 digit codes starting with a 4-digit heading

    Based on Artificial Intelligence technology, Verdantis solutions improve the consistency and accuracy of the master data.

    Verdantis Harmonize and HTS classification – An automated solution, it cleanses, enriches and harmonizes historical data. Verdantis Harmonize has the ability to handle large volumes of data recorded in multiple languages

    Verdantis Integrity and HTS classification – This is a real-time software application that maintains the quality of data on an on-going basis. It prevents duplication at source besides offering a unique attribute-based search option.

  • Export Control Classification Number
    Verdantis & Export Control Classification Number (ECCN)

    Verdantis has been a frontrunner in offering class-defining Automated Master Data Management solutions to address customer requirements. As part of its efforts to provide the best value proposition, Verdantis now offers Export Control Classification Number or ECCN classification as a part of its MDM solution suite.

    Verdantis offers the best solution suite to meet the Master Data Management requirements of Global 2000 organizations. Its MDM solution suite can classify data size ranging from 10,000 SKUs to over a million SKUs.

    The ever increasing cross-border trade of a diverse range of products has necessitated the need of a distinct classification in order to monitor and control the export activities. In this regard the United States has put the ECCN classification in place.

    Highlights of Export Control Classification Number :

    • This is an alpha numeric classification system
    • It identifies the level of control for items exported from the US
    • ECCN determines the license requirements for a specific transaction

    Based on Artificial Intelligence technology, Verdantis solutions improve the consistency and accuracy of the master data.

    Verdantis Harmonize and HTS classification – An automated solution, it cleanses, enriches and harmonizes historical data. Verdantis Harmonize has the ability to handle large volumes of data recorded in multiple languages

    Verdantis Integrity and HTS classification – This is a real-time software application that maintains the quality of data on an on-going basis. It prevents duplication at source besides offering a unique attribute-based search option.

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