International Oil and Gas E&P company with a strategic focus on Africa optimizes cost tracking and spend management

December 13, 2016 0Case studies

Clients Material Master  Data had become obsolete, causing a misalignment in part codes with either of PIDX, MESC, or UNSPSC frameworks, This resulted in, among others,  unwanted inventory, excessive spend and waste as well as a severe inability to properly manage parts requests and inventory,or track spend across the engineering and services  functions of the company.


  • Review E&P industry materials and services;
  • Review and understand oil industry taxonomy (PIDX, MESC, UNSPSC frameworks) identifying their gaps and shortcomings;
  • Established logical relationships across E&P industry items, materials, and services;
  • Developed generic framework based on the UNSPSC level 4 tree;

Established framework alignment with Company organizational structure.

The developed and sanitized Material Master Data  aligned the framework to the company’s organizational structure, enabling  more accurate materials and services records across departments, eliminating orders duplication and unwanted inventory as well as enabling more accurate cost tracking and spend management


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About BanyanTree

We are a business process re-engineering and out-sourcing company, providing services to clients in the financial, manufacturing, consumer goods, telecommunications, oil and gas, and energy industries.


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