Revolutionizing Manufacturing for a Leading Shipping Company with AI-Driven Ontology and Taxonomy Solutions
Discover how our AI solution improved customer data quality for a digital equipment manufacturer, achieving 100% accuracy and reducing marketing spend by up to 5%. Learn about the challenges, approach, and value delivered.
Digital Equipment Manufacturer
Tagline - Smart AI solution to improve Material classification DQ in few days and delivers 95% accuracy
Challenges
More than 30% of materials were not classified impacting sourcing, supply chain and manufacturing costs
- Increase in sourcing spend
- Excess and supplicate inventory
- Non standard parts leading to reliability issues
Approach
- Leveraged Smart AI driven solution to identify customer name, address DQ issues.
- Leveraged AI to recommend right name and addresses
- Matched with client and D&B data and delivered merged records.
Value Delivered
- Accurate customer names and addresses
- Up to 5% reduction in marketing spend
- More accurate 360 degree view of customers leading to cross/up-sell opportunities
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