Introduction to Creactives Semantic Applications
1 like322 views
Creactives S.p.A., founded in 2000 in Italy, specializes in semantic and ontology-based software solutions that enable businesses to effectively interpret and manage data from various sources. Their innovative applications, recognized by Gartner as a 'cool vendor' in 2012, facilitate spend analysis, procurement catalog management, and material master data governance, helping clients like Tetra Pak and Buzzi Unicem improve efficiency and compliance. By utilizing advanced semantic technology, Creactives provides integrated solutions that enhance data accuracy and visibility across multiple languages and systems.
Introduction to Creactives Semantic Applications
- 1. AN INTRODUCTION AND BRIEF OVERVIEW OF OUR SOLUTIONS INNOVATIVE SEMANTIC APPLICATIONS
- 2. Founded in Verona, Italy, in 2000, Creactives S.p.A. specialises in semantic and ontology-based software solutions. We empower businesses to smartly interpret their data from a wide range of sources and languages, transforming it into suitable information that can be classified, standardised, and organised. Our technology is unique worldwide (Gartner’s Cool Vendor 2012) and has been developed by Creactives starting from the results of researchers of the Computational Semantic Department at the University of Verona. The core innovation was the capability to reproduce the human reasoning to understand free texts like the ones filled in structured, semi-structured, unstructured and textual fields of corporate IT systems. The technology is devoted to delivering a range of applications where the textual data contain valuable information for: spend analysis, material master data management, e-procurement catalogues. Creactives has developed a comprehensive and powerful software suite to optimise the procurement process and material master data governance. More than one decade of ongoing improvements offers your business leading web- based solutions, which can be integrated into existing process landscapes quickly and easily. The Creactives team is comprised of more than 50 specialists in Italy, Spain, Germany and Austria. We count among our clients international leaders such as Tetra Pak, Lenzing, Pirelli, Cortefiel, Gestamp, Galp, Konica Minolta, Buzzi Unicem - Dyckerhoff, and UniCredit Group. About Creactives
- 4. Buzzi Unicem-Dyckerhoff is a leading in- ternational producer of cement and ready- mixed concrete. Dyckerhoff’s head office in Wiesbaden, Germany has been opera- ting strongly from the same location for 150 years. They were acquired by the Buz- zi Unicem Group in 2004. First launching in Italy, Creactives’ project with Buzzi Unicem-Dyckerhoff has now been extended to Germany and the U.S. They involved three differten ERPs, two of Oracle and one of SAP. Spend coming from different sources is classified auto- matically in a customised taxonomy based on the Creactives standard. Buzzi Unicem’s head purchasing depart- ment in Italy puts Creactives to work, managing international synergies and handling price benchmarking internally – making them more effective in supplier negotiation. A customised Creactives system displays parallel orders, receipts, invoices and ex- penses. Inspecting an asset taxonomy crossed with a spending taxonomy gives Buzzi Unicem granular visibility of ex- penses per production machine in each plant. Creactives-TSV also allows them to spot compliance errors in invoices. SUCCESS STORY TOTAL SPENDING VISIBLITY (TSV) Semantic data cleansing Brand analysis Category profiling Pareto analysis Chart creation Your Benefits Your Achievements Enhanced consumption model visibility Internal benchmarking & price evolution visibility Cost savings strategy support & monitoring Contract compliance monitoring Real time custom reporting The Creactives spend analysis software Creactives-TSV enables you to quickly and ea- sily identify consumption patterns, maverick spend, and policy compliance ratios; to define savings strategies and monitor initiatives - optimising your procurement process. Semantic technology delivers outstanding enterprise-wide spend visibility through enri- ched output data and improved data accuracy, as never before achieved. TSV consoli- dates, cleanses and classifies your multilingual expenditure data (e.g. orders, receipts, invoices), consulting not only your distributed ERPs, but also combining and enriching your data with other sources. This provides unparalleled total insight, and the power to act efficiently on your consumption model. TSV gives your spend analysis the unique capability to analyse data using multiple taxonomy structures: be it internantional stan- dards such as UNSPSC, eCI@ss and more, or your own customised taxonomies. 2B€ spend analysed in multiple spending categories Dyckerhoff chose the on-site solution 5+ years of success with Creactives
- 5. Tetra Pak is the world’s leading food pro- cessing and packaging solutions compa- ny. Tetra Pak decided in 2014 to improve their MRO-related material master data governance. The following challenges were top on their list: Creactives-TAM was selected to reach the following strategic goals: SUCCESS STORY TECHNICAL ATTRIBUTE MANAGEMENT (TAM) Semantic granular classification Technical attribute extraction Duplicate identification Smart creation of materials Enriched workflow Your Benefits Your Achievements Duplicate identification and removal Improved inventory rotation Part numbers reduced and reused Improved material master data quality Reduced RFQ preparation time Proper master data governance requires a software solution aimed at increasing the reu- se of existing materials and avoiding duplicates. The material master data management software Creactives-TAM supports your business needs, analysing your data efficiently and effectively using the richness of natural language. Materials are classified in a hi- erarchical category tree independently of the original language or coding used in their description. Specific technical characteristics (attributes) are assigned to each category. When attributes are included in descriptions, they are detected and extracted. Identical materials as well as similar ones are identified as potential duplicates. Thanks to TAM Smart Material Creation with its integrated similarity search, unneces- sarily encoding new master data can be avoided. When recording a new set of master data, contents are automatically checked against existing data sets in all languages. As opposed to conventional keyword-based search applications, TAM’s semantic search function locates information using natural language. Search text is processed semanti- cally and matched with items in other languages as well as historical data, then classified appropriately in a category sharing its technical attributes. Mastering MRO management to solve: Different coding criteria Generic category confusion Language barriers Reducing free text orders Assuring corporate policy compliance Tackling inventory reduction Establishing a cleansing system for material master data Yearly spend of over 2B€ More than 800,000 POs Master with over 200K active items 15 different languages Define a single set of material master data with normalised descriptions, co- vering each language used at Tetra Pak Optimise material group classification, organisation-wide Enable creating new materials from a single entry point Enrich item descriptions Avoid duplicate creation Increase inventory rotation
- 6. Gestamp, founded in 1997, is an inter- national group dedicated to the design, development and manufacture of metal automotive components, with 130 indus- trial plants in 25 countries worldwide, and upwards of 37,000 employees. Managing more than 400 buyers, 3,300 orders and 80 plants with their own purchasing SUCCESS STORY MG PROMPT Improved accuracy assigning material groups Solid reporting reliability Accelerated requisition / purchasing processes Confident budget management Enhanced granular classification Your Benefits Your Achievements Quick and effective implementation of a new global taxonomy An expanded number of categories, used more effectively Creactives-MG Prompt is a tool that analyses the description of a new material or ser- vice, automatically suggesting the most suitable material group. MG Prompt helps users in real time, from directly within the SAP interface. The correct material group is inferred by analysing historical attribution patterns as well as semantically analysing the descrip- tion provided, possibly enhanced by custom policy-based criteria. If these suggestions are not enough, the user can browse or filter the hierarchy to choose a different material group: this event is logged and used as implicit feedback, automatically improving future suggestions. Good reporting requires a detailed material group hierarchy. Conventional tools tend to increase errors as the MG hierarchy expands, because manually assigning material groups is a complex task: average misattribution in ERPs is over 30%, which compromises many corporate processes. 1 month implementation time 15 different languages Improved data quality Automatic material group assignment systems, the Gestamp Group generates a massive quantity of data every day. Em- ployees, moreover, work in 15 different lan- guages and with 6 ERP systems. Putting MG Prompt to work, Gestamp aims to eli- minate different coding criteria, language barriers, and unnecessary free text orders, while focussing on inventory reduction.
- 7. Konica Minolta has more than 40,000 em- ployees working in 150 countries world- wide. In 1873, Konica Minolta established itself in the camera and photographic film industry. Today their focus has expanded to deliver diverse technologies and inno- vations including office equipment, optical systems for industrial use, and diagnostic imaging systems. In 2011, Konica Minol- ta decided to restructure their purchasing process, applying a semantic solution from Creactives. Using 3SP - The Seman- tic Self Service Procurement Catalogue, they tackled the challenge of unifying their extensive data, spanning 15 ERP systems in 26 countries and 19 languages. SUCCESS STORY SEMANTIC SELF SERVICE PROCUREMENT (3SP) Semantic classification Semantic search Master catalogue Approval workflow Price list analysis Your Benefits Your Achievements Accelerated requisition/purchasing processes Reduced free text requests Quicker selection of new suppliers Less punchout purchasing Autonomous content management A 3SP master catalogue, supplier-neutral and independent of material numbers, can be generated from the consumption models created by your spend analysis. This master catalogue forms the basis of the comprehensive catalogue solution delivered by Creac- tives-3SP, the Semantic Self-Service Procurement Catalogue. Data in the master cata- logue can be conveniently linked to information from supplier catalogues. Each product search in the procurement system is checked against the master catalogue. Creactives’ semantic real-time search suggests same or similar items to the user that have previ- ously been ordered by others – meaning that the correct product is purchased. This simplifies the selection process for the user, as well as greatly reducing time spent during selection and ordering. This results in sustainably changing procurement habits, and significantly decreases the generation of free text requirements. Realisation of quick and sustainable savings European wide (26 countries) transparency of spend and finance data Reduced Maverick-Buying permanent