Material Group management is a core element in modern procurement. Spend analysis support corporate planning and controlling. Reliable data which is consistent across segment- and language-boundaries is a prerequisite.
Manual assignment of Material Groups is error-prone. The maintenance of company-specific Material Groups systems and merging of several Material Groups systems in company mergers is complex and often accompanied by change resistance.
The ECLASS standard as a cross-industry and cross-company standard supports this perfectly.
Paradine offers a best practice implementation for the introduction and maintenance of ECLASS in Material Group management also involving manufacturers and suppliers as well as rule-based derivation of Material Groups from classification.