Case Study: Fortune 500 Steel Company achieves ERP implementation success with Verdantis Material MDM

Fortune 500 Steel Company - Customer Case Study

The customer, a Fortune 500 steel company, was facing significant challenges due to poor-quality master data spread across multiple legacy systems. This inconsistency led to supply chain disruptions, plant downtime, and an inability to gain visibility into its inventory and supplier base, which hampered procurement strategies. To support a new e-Procurement system and ensure a successful ERP implementation, the company engaged Verdantis to undertake a Master Data Management initiative.

Verdantis implemented its AI-powered Harmonize solution to cleanse, classify, and enrich approximately 425,000 material items. The solution automated the process, identifying and removing 14% of the data as duplicates while enriching records with information from supplier websites. As a result, the project was completed in under 90 days, leading to lower inventory costs, reduced plant downtime, and an optimized return on investment for the company's major procurement and ERP upgrades.