CODASOL: Enabling Optimal Procurement & Effective Inventory Management
Master Data has been recognized as an ASSET, unfortunately our industries had attempted many ways on trial and error basis and circled back to have meaningful and trust able data. This obviously integrates various activities/process within Supply Chain organization and becomes a trust able partner with Reliability, Maintenance and Operations. Quality Master Data then bring repelling effects in the organization bringing well informed strategic decisions, efficiency, effectiveness, cost control which all gets reflected in well performed balance sheet. CODA Technology Solutions Pvt. Ltd. (CODASOL) a Chennai, India based company, an ISO 9001:2015, ISO 27001:2013, ISO 22301:2012 certified company enables organizations in achieving optimal procurement and inventory management through effective MDM solutions. The organizations have MDM solutions implemented however its effectiveness is a challenge as Swiss Cheese Hole effect is evident. CODA enables to tailor and sustain the MDM solution through connecting Master Data with Equipment, materials contracts, pricing agreements, work order planning and performance.
Data Quality, Governance & Cataloguing
CODASOL offers PROSOL - A SAAS based technology platform that is used for cataloguing that ensures data quality, governance. It is an embeddable data quality process that can be integrated into an enterprise's core master data management process/platform. With PROSOL, enterprises can get a golden record, curated with customizable workflow processes connecting plant integrity assurance embedded within the enterprise application.
For instance, whenever a new material code is to be created, it is approved first internally by a data steward along with technical authority of the enterprise and then by a CODASOL's subject matter expert. Thereafter, the new material code is frozen and added into the ERP database. In today’s ubiquitous cloud migration, data security plays a key role, to that end, all the necessary data security aspects such as availability, privacy, confidentiality, integrity and security is addressed within the software offering.
AI/ML-Based Catalogue Creation
CODASOL has developed an AI/ML algorithm for catalogue creation from a vast dataset (ProPedia) gathered while working in data-cleansing projects for years. PROSOL adds an enterprise-specific layer over ProPedia catalogue repository based on industry standard classifications like UNSPSC.
By using AI/ML technologies, eliminates manual efforts and human error. It saves valuable time of engineers to concentrate on Core Technical requirements. The PRO¬SOL software generates short and long descriptions automatically, which gives standard material code, complying to ISO 8000 data quality standard.
It also automatically creates abbreviated short descriptions meeting the SAP standard of 40 characters bringing the maximum amount of information within 40 characters, therefore, enabling procurement teams to identify and raise the PR & PO in the ERP system. Lastly, the PROSOL software automatically creates UNSPSC codification and in addition the software supports global procurement and SAP Ariba integration in line with strategical supply chain process.
Mdm Managed Service
CODASOL offers services such as data cleansing, template design, material grouping, Deduplication, data enrichment, asset & BOM master, data enhancement, data standardization, equipment master, functional location, vendor master creation, and customer master creation.
“While we conduct business transparently and fairly, we help our clients transform and thrive in a challenging world through strategic consulting that brings end-to-end visibility and efficiency, operational leadership, and the cooperation of breakthrough well integrated solutions. Those included are in Maintenance Management, Reliability Engineering, Operation & Maintenance (O&M), Manage Supply Chain & Enterprise Asset Management”, says Naleem Bukari, Co-Founder, echoed by Rizwan, Co- Founder of CODASOL, Saravana Kumar, CEO CODA Labs, Balasundaram, CEO Coda Infony and the team.
“Our experience in this domain fully complements and strengthens our service spectrum and allows us to operate as an enterprise-class solutions delivery company. Our solutions aim to provide high value by significantly decreasing the indirect spending using methods that provide a tangible return on investment (ROI) for our es¬teemed and prospective clients”, he adds.
CODASOL is setting up a lab in IIT Research Park for advanced artificial intelligence and machine learning, reliability maintenance, master data solutions for faster and reliable data, and supply chain solutions.
Mdm Managed Service
CODASOL offers services such as data cleansing, template design, material grouping, Deduplication, data enrichment, asset & BOM master, data enhancement, data standardization, equipment master, functional location, vendor master creation, and customer master creation.
“While we conduct business transparently and fairly, we help our clients transform and thrive in a challenging world through strategic consulting that brings end-to-end visibility and efficiency, operational leadership, and the cooperation of breakthrough well integrated solutions. Those included are in Maintenance Management, Reliability Engineering, Operation & Maintenance (O&M), Manage Supply Chain & Enterprise Asset Management”, says Naleem Bukari, Co-Founder, echoed by Rizwan, Co- Founder of CODASOL, Saravana Kumar, CEO CODA Labs, Balasundaram, CEO Coda Infony and the team.
“Our experience in this domain fully complements and strengthens our service spectrum and allows us to operate as an enterprise-class solutions delivery company. Our solutions aim to provide high value by significantly decreasing the indirect spending using methods that provide a tangible return on investment (ROI) for our es¬teemed and prospective clients”, he adds.
Our experience in this domain fully complements and strengthens our service spectrum and allows us to operate as an enterprise-class solutions delivery company
CODASOL is setting up a lab in IIT Research Park for advanced artificial intelligence and machine learning, reliability maintenance, master data solutions for faster and reliable data, and supply chain solutions.
