Solving Asset Management Challenges for a Leading US-based Digital Transformation Firm with mAsset

How a US-based digital transformation firm revolutionized asset management through Maventic's mAsset solution, replacing manual Excel-based processes with centralized, barcode-enabled tracking and real-time SAP integration

65%

Increase in Asset Utilization

60%

Decrease in Manual Efforts

100%

Accuracy in Asset Tagging

About the customer

A leading US-based digital transformation firm specializing in delivering innovative technology solutions to global enterprises.

Business scenario

Before collaborating with Maventic, the client struggled to manage a diverse and globally dispersed asset portfolio due to acquiring new subsidiaries and expanding operations.

Challenges

  • Manual Data Sync – Existing Java-based solution performed manual pulling/syncing of data with SAP which was time-consuming.
  • Manual Asset Allocation – Allocation of assets across BUs and geographies still necessitated the use of manual Excel sheets.
  • Inefficient Transfers – Asset transfers and disposal processes were inefficient.

Solution

Maventic implemented mAsset which leverages barcode technology, mobile readers, and SAP integration to streamline the asset management processes across tagging, allocation, transfers and disposal.

  • Centralized Asset Management – mAsset by Maventic offered a centralized repository, barcode scanning, & customizable workflows for asset management.
  • Warehouse Manager’s Cockpit – An instant overview of activities including statuses on tracking, allocation, asset movements, AMCs and asset disposals was provided.
  • Real-Time Sync – Fiori-based interface ensured real-time synchronization with SAP making several processes, including asset disposals faster.
  • Gate Pass Integration – Greater compliance was achieved through mAsset’s gate pass integration capability which streamlined asset transfers.

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