3 min read

Move Beyond “Close Enough” Data in Procurement - and 3 Steps to Get There

Move Beyond “Close Enough” Data in Procurement - and 3 Steps to Get There

Quick Summary

Tolerating “close enough” data in spare parts procurement leads to costly inefficiencies that compound across operations. This article explores the risks of relying on inaccurate spares data—and the exact steps to fix it using Parts Intelligence.

  • Duplicate orders, freight premiums, and audit issues are rooted in poor catalog data

  • “Close enough” creates risk in regulated industries and breaks forecasting models

  • AI-powered audits, rule-based standardization, and data enrichment fix the root problem

  • Parts Intelligence cleanses, enriches, and maps data for fast, accurate part identification

 

Right Part, Lower Cost: How AI-Driven OEM Conversion Cuts Spend Without Adding Risk

Right Part, Lower Cost: How AI-Driven OEM Conversion Cuts Spend Without Adding Risk

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