Verusen

Many of our customers in asset-intensive industries, such as manufacturing, CPG, energy, and pulp & paper, face significant challenges in managing their Maintenance, Repair, and Operations (MRO) materials. They often struggle with disparate data siloed across multiple ERP systems and other sources, leading to a lack of visibility into their inventory. This results in difficulties identifying duplicate materials, managing supplier risk, and optimizing working capital. Our customers often don't know precisely what materials they have, where they are located, or if they are sourced from multiple vendors at varying prices. This lack of 'material truth' can lead to increased operational risks, unnecessary spending, and production downtime when critical spare parts aren't available. These challenges are compounded by the sheer volume and complexity of MRO materials, making manual data harmonization and analysis nearly impossible.

That's why Verusen developed an AI-powered materials intelligence platform. Our solution tackles the problem of 'dirty data' head-on by using advanced artificial intelligence, data harmonization, and decision support to cleanse, categorize, and provide a trusted, unified view of MRO materials across the enterprise. We help our customers understand item criticality and operational risk to drive improved stocking strategies. By harmonizing disparate material data, our platform enables organizations to reduce supplier and operational risk, optimize inventory and working capital, and ensure production uptime. We empower businesses to move from reactive to predictive maintenance and make informed decisions about their MRO inventory, ultimately improving their bottom line and supporting their digital transformation and Industry 4.0 initiatives. Our customers typically see tens of millions of dollars in verified savings opportunities within the first 90 days of deployment.