Gestamp – Master Data and Spend Data Harmonization
Client Overview
- 700K+ master data items
- €4.6B+ annual spend
- 2.8M+ PO lines/year
- 3.6M+ invoice receipt lines/year
- 15 languages (European and Asian)
- 6 different ERP systems unified into 1 S/4
- Custom taxonomy
Challenges
- Inconsistent coding standards
- Overly generic categories
- Language barriers
- Excessive use of free-text orders
- Lack of compliance with corporate policies
- Inventory proliferation
Key Activities
IMPROVED DATA QUALITY FOR:
Centralized governance of Material Master Data with Y Materials (used across all plants)
S/4 migration
Cost optimization via:
- Frame contract management
- Identification of global categories
- Reduction of free-text orders
Savings:
>€0.83M within a year
Material Group Quality Improvement:
>30%
Inventory Reduction:
>€2.6M
The Results
Delivered Value
- Implementation of global Y Materials
- Efficient part search & reuse
- Accurate reporting capabilities
- Identification and elimination of duplicates
- Reduction of excess and idle inventory
- Less equipment downtime
- Reduction of maverick purchases
GET TO KNOW THEM
Case studies
Creactives has use cases in many industries, but with a common pain: Large and complex multilingual datasets.