Zynapse Integrity is an Artificial Intelligence-based software, which maintains the quality of master data on a continuous basis in ERP systems. It automatically classifies, extracts attributes, enriches the data, checks for duplication, and enables superior discovery of identical/alternate parts.
Both material and product master data are crucial assets for any Global 2000 manufacturing, oil & gas and utility enterprise. Master Data Management initiatives are aimed at consolidating these and have a single version of the truth.
Also, with an ever rising cross border trade, many of Global 2000 companies are faced with logistics issues with respect to import of items. To ensure on-time delivery, they have to classify products as per custom duty requirements beforehand. This drastically reduces the lead time at ports.
Consolidation of the material and product master data plays a vital role in the MDM initiative. Once the data is cleansed and enriched, companies face other challenges in maintaining the rationalized data such as:
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