Case Study: a leading oil and gas company achieves cleaner material master data with Verdantis MDM

Leading Oil and Gas company - Customer Case Study

A leading oil and gas company faced significant operational and financial challenges due to poor-quality material master data spread across its many global locations and legacy IT systems. Issues like duplicates, inconsistent formats, and a lack of data governance led to manufacturing downtime, unnecessary inventory costs, and supply chain disruptions. The company partnered with Verdantis to implement its automated Master Data Management solution, utilizing the Verdantis Harmonize and Verdantis Integrity products to cleanse and maintain its material data.

Verdantis employed its AI-based tools to automatically classify, de-duplicate, and enrich over 150,000 material records. This process harmonized the data according to UNSPSC and HTS standards and established a governed, ongoing maintenance workflow. The solution delivered substantial benefits, including optimized inventory and reduced costs, decreased manufacturing downtimes, and enhanced data visibility across the enterprise, ultimately providing a much higher return on the company's IT investments.