Fuzzy Match Against a Lookup - Help

Hi,

I am looking to use Fuzzy Match on a lookup Field.   For example, I have a column with RAW ID codes which I need to map to a master Lookup and create a new column.

Eg :

Is it possible to fuzzy match against the RAW and the LOOKUP field and create a new FINALCODE column?

I've attached the xlsx of the test data if anyone would like to provide a basic workflow.

Many thanks for any help!