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Major Equipment Rental Provider
  

Challenge: Reduce costs and gain control over 70+ districts, representing 800+ locations. Client headquarters had very limited visibility into overall purchasing patterns and minimal ability to enforce its national purchasing contracts. Item master had grown to over two million part numbers.

 

Solution: Obtain a critically needed, consistent view of vehicle replacement parts purchases.

PartsRiver provided:

  • Capture of raw parts price sheet and parts master data in both electronic and paper formats through its proprietary any-to-any EFTL tooling
  • First-stage algorithm-based scrubbing and purification process to eliminate data errors and redundancies caused by keying errors
  • Normalization process to map OEM part numbers to the correct component manufacturer part numbers
  • Tagged parts with correct vendor and price attributes and applied client’s business rules
  • Reduced item master count from two million to less than 80,000

 

Result: PartsRiver’s Data Quality services saved the client a projected $50 million in annual hard cost savings by reducing parts spending.

A less than 120-day implementation of a cleaned, rationalized, and tagged master parts database: through their 3-step process of scrubbing, rationalizing, and attribute tagging, PartsRiver ensured the integrity currency and completeness of the client’s parts data.

 

" Our client concluded that the accuracy, speed,
and cost-effectiveness of the PartsRiver solution
were not available from any other source."

 

 

 
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