Summary

Materials Master Data Maturity in the Era of Industry 4.0

Maintenance is easy if you have the right spare parts – or so they say. Over the last 5 years, digitalization and the data we receive from machines are providing new possibilities for optimized maintenance and repair with access to real-time information from factory floors.

Indeed, data interoperability, the IoT (Internet of Things) and digital twins – all components of Industry 4.0 – are on the forefront of change promising improved interactions between the operator and the manufacturer – reducing inventory costs and improving the supply chain ecosystem overall.

But digitally enabling material data quality, governance and capital projects is a journey. Sphera has developed a 5-minute online tool to help companies assess their maturity in (8) key areas of the Maintenance, Repair, and Optimization (MRO) framework and identify digital strategies for improving:

• Material data quality
• Bills of materials
• Governance
• Search
• Inventory optimization
• Supplier catalog
• Capital projects
• Defined standards

During this 45-minute webinar, Sphera’s VP MRO David Stroud will share how companies are embarking on their next stages of the digital journey to optimize and maintain their MRO materials master data to ensure reliable operations.

Start your Maturity Assessment

Speakers

David Stroud, VP MRO, Sphera

David Stroud is the Vice President of MRO at Sphera. He gained an engineering degree from Cambridge University and subsequently became a Chartered Engineer during his early career as an aircraft engineering officer in the Royal Navy. With over 20 years experience in the MRO industry, he led the growth of Sparesfinder from its early stages to eventually being acquired by Sphera in 2018. Today, David is responsible for steering the vision and product development of Sphera’s Cloud MRO Solution.

Overview

Title: Materials Master Data Maturity in the Era of Industry 4.0

Duration: 48 minutes

Available On Demand

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