SPARC-project

Project description

The main research question for the SPARC-project is as follows: How can Ionbond get more insight into the vendor spending with a dashboard and validate missing data and data quality? It focusses on the insights they could gain from analyzing the Vendor spend data.

Context

With 30 service centers and 36 office locations in 15 countries Ionbond operates worldwide. Most of their coating centers are in Europe, but they also operate in North America and Asia. With their headquarters located in Switzerland. With over 50 years of experience, Ionbond uses state-of-the-art knowledge to improve their products and services.

The coating Ionbond uses improves the durability, quality, functionality, efficiency, and aesthetics of tools and components. This is accomplished with six different coating techniques. Ionbond has a broad variety of coatings with all different advantages, thus Ionbond can provide their coating services to a lot of different markets. In Ionbond’s portfolio of coating services are cutting tools, aerospace, automotive, decorative, medical, food contact, forming and molding tools and more components for machines.

Results

We created a valuable dashboard showing different metrics giving them insights into their vendor spend. They could get insights into the total spend per vendor and spending overtime. We did some valuable data analysis showing errors in the dataset and helping them understand where things could improve.