Industry:
Various
Client details:
A Global Conglomerate
Business Challenge:
Cost control and optimization of incremental cost of procurement.
Prevent leakage of spares, ancillary equipment’s.
Digitization of process for asset acquisition, tracking and maintenance.
Transparent up to date view on the asset to departments.
Quality and authenticity and visibility of information about the assets.
Lack of information on utilization.
The process of allocating, repairing, transferring, and discarding assets takes long time across the organization.
Regulatory compliance and relevant controls should be recorded and available for inspection.
MavTech Solution:
Benefits achieved- Solution estimated to save around $ 30 million over a period of 5 years.
Automating the asset onboarding, offboarding and allocation process with minimum human intervention.
A mechanism to list down asset details with relevant dimensions in uniform repository was identified.
Historic data saving mechanism for audit purposes.
Reminder and Escalation mechanism for all stages.
Quality and authenticity check mechanisms.
Data query mechanisms at the click of a button for necessary stakeholders across departments.
Safe and secure repository.
User friendly data capture mechanism.
Analytical dashboards related to Asset lifecycle management.
Detailed Use case:
Multiple data entry and query forms were built to store and process structured data.
Asset onboarding, offboarding, allocation, repair, transfer, and discard process was automated.
Notification, reminder, and escalation procedures based on processes and needs were configured.
Department wise analytical dashboards were published to have real time information on the process status, asset inventory, resources allocated, and identify bottlenecks if any.
Data is kept in a safe and secure repository, which is only available to personnel within the organization with Single Sign On and set a data retention policy to protect data loss, which can be utilized for audit purposes.
All the tools mentioned leverage Microsoft technologies that customers already know and are using in their environment. In addition, some of the requirements like Mobile Friendly, Safe and Secure, Single Sign-On are leveraged directly from Microsoft Cloud Platform.
Microsoft SAAS Services – Microsoft 365, SharePoint Online, Power Automate, Power Apps, and Power BI.