Case Study: Dubai Petroleum achieves centralized master data management with Creactives

Master Data Management using UNSPSC standard

Creactives worked with Dubai Petroleum to address the challenge of managing a vast and complex master data environment. The client was dealing with over 80,000 master data items across two different ERP systems, with an annual procurement spend of over €110 million and a stock value exceeding €140 million for spare parts.

The solution from Creactives utilized an AI-driven categorization engine to harmonize data according to the UNSPSC standard. This enabled centralized master data management, which significantly improved data accuracy to 95%. The implementation streamlined processes through automated creation and duplicate detection, providing Dubai Petroleum with a more reliable and efficient master data framework.

Dubai Petroleum