Asset intensive organizations rely on accurate and consistent master data for their assets in order to efficiently operate.\u00a0 By doing so, they are able to quickly identify parts for maintenance, understand parts usage for reliability, and set correct min\/max levels for supply chain.<\/p>\n
Many times, organizations will implement projects using existing personnel to build and cleanse their asset information.\u00a0 This often provides poor execution on projects because it is not the specialty of these employees, it becomes a burden, and projects are often abandoned before completion.<\/p>\n
Successful organizations, such as Coca-Cola, Newmont Mining, and PhilipMorris, have instead turned to Metanoia for Asset Master Data Services.\u00a0 Metanoia builds interactive bills of materials (BOMs) by aligning OEM parts books with their existing material master.\u00a0 This produces high quality BOMs, with a framework to further cleanse the material master.<\/p>\n
Metanoia collects OEM Parts Books from customers and builds complete Bills of Materials for respective assets by using the hierarchy found in the table of contents.\u00a0 Each component will have a complete parts list linked to an interactive schematic for the breakout of the component itself.<\/p>\n
This produces OEM BOMs and serves as the foundation to building robust Bills of Materials.<\/p>\n
Once the OEM BOMs have been built, Metanoia undergoes a process to align the Material Master to parts found on the BOMs.\u00a0 These activations tie together OEM information with data coming from the CMMS and allows for easy identification of things like: Stock on hand, warehousing information, alternate parts, supersessions, and more.\u00a0 The process typically involves 3 stages:<\/p>\n
Metanoia\u2019s services team will take an export of the Material Master from the CMMS and align all parts with identical parts numbers.<\/p>\n
Metanoia leverages Fuzzy Logic and Machine Learning to provide possible matches with varying degrees of certainty.\u00a0 All recommended matches can be approved on a bulk or line-by-line basis.<\/p>\n
AIC is purpose built for Asset Information Management and provides seamless methods to update missing information or correct misinformation for Asset Master Data Services.\u00a0 This facilitates continuous improvement processes built in to the flow daily tasks.<\/p>\n
Many projects to cleanse the material master start with the material master itself as the foundation.\u00a0 While this seems to be a logical process, it actually proves to be difficult due to issues like, duplicate parts, obsolete parts, and free-text purchases.<\/p>\n
Metanoia suggests starting with the what you have on the floor, not the spaghetti mess in the CMMS, by using the OEM BOMs.\u00a0 After undergoing the SKU-Matching exercise, companies will have a list of items in the material master that do not have an associated part number.\u00a0 This provides a foundation for an exercise to go through and find out why there is not match.\u00a0 During this process, Metanoia will help significantly reduce inventory while improving the asset data itself.<\/p>\n
In conclusion, Metanoia recommends organizations start by building OEM BOMs, aligning them to their Material Master, then cleansing the material master by finding holes when companies undergo asset master data services projects.<\/p>\n