Benefits of Material Master Data Management-Part 5

Our last post explained how to quantify the value of improving your Material Master data by reducing stock-outs related downtime. Today’s post will help you estimate improved materials-related personnel productivity.


Improved materials-related personnel productivity:Capture

Total number of man hours =
Total number of engineers
* 1600


Total number of hours wasted =
Time wasted by personnel procuring / sourcing / finding spare equipment parts
* Total number of man hours


Potential materials-related productivity savings =
Total number of hours wasted
* Average labor rate, including benefits for an engineer


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Arthur Raguette

Arthur Raguette

Arthur Raguette is the Executive Vice President at Verdantis. Arthur is very passionate about the application of innovative technologies to solve real-world business problems with a strong emphasis on large enterprise solutions. He has more than a decade of experience of working with Software for Master Data Management and Data Governance for multiple domains and across industries. Arthur’s prior technology passions included high performance B2B middleware and hybridized SaaS applications for HR, Employee and Education related domains.

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