Portsmouth, NH April 20, 2019 –Enventure is helping a leading supplier of construction materials to optimize overall inventory, take control of materials, and transform decision making based on real-time availability of data.
The client is one of the world’s leading producers of cement, ready mixed concrete and an aggregator of construction materials.suppliers. The clients have the capacity and geographic footprint to supply construction materials in key markets throughout the United States and Canada.
Enventure’s engagement is a follow-up to the client’s multiple acquisitions across the US. The new collaborations impart new challenges in Supply chain management for the client. Multiple ERP systems, the high number of material & vendor duplication, non-standard naming convention, are few of the many problems encountered by the client during and after acquisitions.
The main objective of this project is to deliver a standardized golden database of materials integrated into their ERP / CMMS systems. The impact of multiple acquisitions on inventory has resulted in sporadic decision making related to the supply chain. The lack of focus on the spend visibility induced emergency purchases and increased inventory costs.
The client’s targeted benefits from this engagement include lower inventory cost, reduced asset downtime, as well as an enhanced production supported by real-time material visibility. Enventure’sOptimizeMRO will help the teams to explore innovation and act on contemporary thinking, industry research, and cutting-edge technology.
Kiran Sivadas, EVP, Enventure said, “Enventure is taking a comprehensive outlook to provide technology-enabled supply chain solutions that can be applied at the asset-intensive organization, having thousands of spare parts. This approach leaves no stone unturned in the hunt for better ways of improving efficiencies and effective implementation of supply optimization strategy.”
Enventure Engineering (enventure.com) is a privately-held, ISO 9001:2015 & ISO 27001:2013 certified Engineering and Supply Chain Solutions company, with full-fledged delivery centers in India. Enventure has been serving clients in North America and Europe since 1997 and is today a preferred supplier of engineering and master data management services to Fortune 500 companies, across different industry verticals such as Hi-tech Electronics, Oil & Gas, Water Treatment, Automotive, and Industrial Manufacturing. Enventure provides a wide variety of services to Clients, in areas such as Plant Design Engineering, Building Engineering, Master Data Management, MRO Data Services, Component Engineering, Environmental Compliance Support and Product Design.