In Apache’s operating model, a centralized catalog team performed the material master creation and maintenance for all of its regional business units. To reduce the excessive back-and-forth communication between the centralized team and the business units required to clarify local material requirements, Apache made a significant investment and deployed a single SAP ERP instance with a focus on global master data. Unfortunately, without the implementation of data standards and governance, Apache had to contend with poor data quality data in its new system.
This created critical issues in inventory management and reporting, cost management and spend analytics, and sourcing. Users became increasingly dissatisfied. The company contracted a leading management consultant, PwC, to assess the situation. The consultant recommended Apache implement a Master Data Management solution to globally streamline, cleanse, and structure material data and establish an effective governance program.
Founded in: 1954
Oil & Gas exploration and production company
United States, Egypt, United Kingdom
SpheraCloud Master Data Management
Apache turned to Sphera to help cleanse legacy materials data across six sites and four regions. The goal was to deploy common standards and governance processes, policies, and tools to achieve a sustained approach to reliable data.
Sphera’s MDM solution helps organizations globally structure, visualize and manage data to:
- Improve overall asset management and
- Optimize inventory
- Reduce and manage procurement costs
- Implement reliable maintenance programs
- Improve supply chain relationships
- Maximize enterprise system investments
Is your organization ready to improve the reliability of data as well as the safety and productivity of its assets?
Contact us to learn more about Sphera’s Master Data Management solutions.