Watch this virtual round table session where we feature esteemed industry leaders Alok Khanna, Manoj Agarwal, and Vijay Purohit, moderated by Rohan Salvi.
Watch this virtual round table session where we feature esteemed industry leaders Alok Khanna, Manoj Agarwal, and Vijay Purohit, moderated by Rohan Salvi.
The discussion will center on the transformative role of Master Data Management (MDM) and emerging technologies in asset-intensive industries. With a focus on digital transformation and data-led leadership, the panel will delve into practical strategies, real-world challenges, and the future of MDM.
Key Takeaways from the Webinar
1. Leadership and Strategy for Digital Transformation: Discover how balancing innovation with compliance, clear risk management strategies, and stakeholder alignment enable successful adoption of technologies like AI and Industry 4.0.
2. Data and Technology for Sustainability and Scalability: Learn how harmonizing master data and integrating AI revolutionizes MDM processes, supports scaling during mergers, and helps achieve environmental and sustainability goals.
3. Overcoming Challenges for Seamless Integration: Understand how addressing legacy systems and fostering collaboration empowers organizations to thrive in a data-driven, rapidly evolving technological landscape.
Group Chief Information Officer – Aperam
Manoj Kumar, Group CIO at Aperam, leads digital transformation for a global leader in stainless steel production. With over 27 years of experience, Manoj specializes in finance and digital transformation, having implemented ERP systems like SAP and JD Edwards.
A Chartered Accountant, he previously served as Head of IT at HPCL-Mittal Energy and has expertise in emerging technologies like RPA, IIOT, and analytics. His approach focuses on delivering business value through technology.
Former Executive Director, Strategic IS, Indian Oil
Alok Khanna, retired Executive Director of Strategic Information Systems at Indian Oil, has 38+ years of experience in the oil and gas industry. He spearheaded Indian Oil’s digital transformation, implementing Industry 4.0 technologies and large-scale ERP & CRM systems.
Known for agile leadership, Alok successfully led flagship projects like PAHAL & Ujjwala, recognized globally for impact. A Chemical Engineer with an MBA, he emphasizes organizational design and process re-engineering for value creation.
CDIO APAC and Head Global Digital Hub, Holcim
Vijay Purohit, CDIO APAC and Head of Global Digital Hub at Holcim, has 22+ years of expertise in IT and business transformation. His career spans roles in Deloitte, Accenture, Infosys, and Reckitt across the UK, US, Europe, and India.
Vijay has led ERP transformations, post-merger integrations, and digital innovation projects, leveraging AI, automation, and process mining. At Holcim, he oversees 150+ resources, driving IT operations, cloud migration, and customer-centric digital solutions.
Oil and Gas organizations face huge unwanted costs in the form of losses, penalties and compensation due to industrial accidents, taking a sizable chunk of their revenues. One of the important reasons for failures and accidents is the breakdown of key industrial infrastructure arising from ineffective management of the material base and inefficiencies in the MRO supply chain that are highly critical for the production and maintenance cycles.
More and more organizations are now looking to establish Master Data Management (MDM) implementations in order to manage their assets through informed decision-making based on reliable data and ensure optimal industrial safety across the enterprise.
About the company:
This US based company is a global leader in providing essential mechanical components for both land and offshore drilling rigs, complete drilling and well servicing rigs, as well as a comprehensive range of tubular inspection, internal coatings, drill string equipment, lifting and handling gear, and downhole drilling tools. It also offers supply chain services through distribution centers strategically located near major drilling and production sites worldwide. With over 800 manufacturing, sales, and service centers globally and annual revenues exceeding $12 billion, the company delivers customer-focused solutions tailored to meet the energy industry’s quality, productivity, and environmental needs.
The company faced significant challenges with their master data.
• Lack of consistency and standards for the master data
• Incorrect, incomplete, unclassified and outdated attribute fields of master
data High volumes of data in multiple languages
• Multiple ERP and other legacy instances across the company
• Poorly structured material descriptions
• Lack of data governance and collaboration across cross-functional divisions and locations
Solution: Material Master Data Harmonization & Ongoing Maintenance
The company implemented Verdantis Material Harmonize to cleanse and enrich its historical material master data. Using AI-powered tools and the Verdantis Content Repository, the solution classified, standardized, and eliminated duplicate materials.
Once the data was harmonized, Verdantis Material Integrity was deployed for ongoing data governance. It ensured continuous data accuracy through real-time validation, AI-driven classification, and duplication prevention, maintaining high data quality across enterprise systems.
Key Actions Taken:
Results Achieved:
By integrating Material Harmonize & Material Integrity, the company achieved a scalable, AI-powered Master Data Management framework, ensuring long-term data consistency, efficiency, and compliance.