10. Februar 2022
For any digital transformation, data is key. The foundation for all data is Master Data. Information about materials and products, customers and vendors are at the core of the digital framework.
Even though the Oil & Gas industry traditionally had a very structured way to set up master data using Materials and Equipment Standards and Code (MESC), some of this structure was lost over time with the introduction of Enterprise Resource Planning (ERP’s), initially created for Automotive and Retail industries.
Master data is typically kept and maintained within (multiple) ERP’s, often simultaneously in other (vendor/logistics) systems. Unlike Retail, our Industry lacks having UPC/EAN codes for all their master data and “generic” use is a common practice. This results in a high use of manual or system interfaces and resources to maintain and consolidate data in house.
Whilst transitioning into the broader Energy Industry, the time has come to explore future solutions.
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