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AI-Powered Product Categorization & Data Extraction:
AI-Powered Product Categorization & Data Extraction:
Automating Taxonomy for 80,000+ SKUs
$500M CONSUMER PRODUCTS COMPANY
Background
- Two $250M Consumer Products & Apparel businesses were merging & consolidating ERP systems
- Client had over 80,000 SKUs that needed to be categorized into a new, consolidated six-level product hierarchy
- Valuable master data was embedded in part descriptions but difficult to extract manually
- Manual categorization and data extraction processes were time-consuming and error-prone
- Client sought an automated solution to streamline product taxonomy and master data management
Contributions
- Developed a custom-trained GPT (Generative Pre-trained Transformer) model specifically tailored to the client’s product data and hierarchy
- Leveraged advanced natural language processing techniques to enable accurate SKU categorization and master data extraction
- Utilized the AI model to optimize the product categorization process, resulting in a more efficient consolidation of ERP systems post-merger.
- Integrated the model into a user-friendly interface for easy access and utilization by the client’s team
Results
- Categorized 80,000+ SKUs into the six-level product hierarchy with high accuracy
- Extracted valuable master data from part descriptions, enabling enrichment of product records
- Significantly reduced the time and manual effort required for product categorization and data extraction
- Improved data quality and consistency across the product catalog
- Laid the foundation for enhanced product analytics