Synopps Corporate Blog

News on conferences, solution releases, articles and insights are regularly posted in this blog

August 31, 2023

Maximizing Cost Savings Through MRO Stock Optimization Projects

Discover how a successful MRO stock optimization project led to remarkable cost savings for a leading industrial client. Learn how strategic actions, including automation, demand forecasting, and departmental collaboration, transformed inventory management, with a significant 21% reduction in working capital and 19% increase in service levels.

February 22, 2023

Data Reconciliation and Migration in MDM - How to Avoid Main Challenges

If your company is experiencing trouble with data centralization and migration, which is a common problem for growing enterprises, this article can serve as a starting point to find a successful solution

October 10, 2022

Duplicates treatment - Master Data Management practice that improves your materials catalog

The detection and elimination of duplicate inventory or customer data is one of the main goals of the Master Data Management process. This is a necessary stage toward obtaining a single version of the truth about consumer and stock data.

July 22, 2022

What is Master Data Management (MDM) and why should you care about it?

If your firm is having difficulty obtaining proper and accurate data, which is a typical issue for expanding businesses, the concentration on building a data management system is an essential part of your working process

December 06, 2021

Updated website lauched

We've just launched a new version of our website. Now we are more explicit about our range of services. Furthermore, we have posted our implemented projects.

December 02, 2021

Keynote at the Upstream Digital Transformation 2021 Conference

Len Pannett, our Managing Partner, was a keynote speaker at the Upstream Digital Transformation 2021 Conference which took place in London on the 1st and 2nd December. This prestigious event brought together leaders from Upstream Oil & Gas companies, their suppliers and service providers. The conference considered the core business issues shaping digital transformation in the Upstream sector.

It was clear from the wide attendance and the focus on materials master and supply chain data that there is a fast-growing recognition of the need to tackle the perennial issue of bad, dirty data in order to secure the RoI that digital innovations promise

Len Pannett

Managing Partner

Len spoke to the conference on the criticality of clean data - particularly materials master data and supply chain data - in order to achieve the goals of digital transformation. He also described the almost immediate benefits, both financial and operational, that result from data cleansing. With a view to make the presentation actionable, he went on to describe how innovative digital tools, such as Synopps, are reducing the time and effort required to cleanse databases, as well as how to take the necessary systematic approach to the management of data in order to ensure the continued high quality of that data.

The session proved to be one of the most engaging, with a lively discussion on how to overcome internal reticence to deal with data cleansing and the best ways to take the first step. It was clear from this and the other speaker's presentations that the issue of data cleansing is today increasingly seen as a key matter on the journey to digital transformation, and that companies are taking active steps to address it.

Other presentations at the event looked at the importance of data governance, the need to instil the right skills and culture to assure success in digital transformation, and the increasing tendency towards including environmental data in describing materials master data.

On Day 2 of the event, Len joined leader from Spirit Energy, Wellsite and Incture to consider and debate the lessons learnt and future ambitions from digital transformation in the upstream O&G sector. That session covered technology, human factors and cybersecurity, as well as wider trends seen in other sectors that will affect O&G firms.

October 07, 2021

We have participated at Minex Mining Forum 2021

Co-founders of Synopps Innokentiy Kirillov and Mikhail Lyalkov have participated in the 17th MINEX RUSSIA Mining and Exploration Forum that took place in Moscow from 5 to 7 October 2021 to discuss most current trends in the mining industry, and meet our past and current clients.

DEcember 13, 2020

Duplicates Tool available online in alpha version

Identify and remove duplicated items from your catalog to achieve fast savings in purchase and stock with our free of charge tool.
Register on our website to access the online tool today

Online Tool

May 20, 2020

Partnership with Visagio Consulting

We are pleased to share that we have partnered with Visagio Consulting to strengthen our expertise in analytics and implementation and widen our geographical reach.

Visit Visagio

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