Thanks to all the attendees for your active participation during our latest interactive webinar, ‘Unlocking Master Data Success: The Verdantis Way’. For those of you who missed it, here’s a quick rundown. The webinar was co-presented by George Pasti (Regional Sales Manager, Verdantis) and Aditya Kasturay (Pre-Sales Support Manager,
In our previous post, we provided a calculator to help you estimate the value of improving your Material Master data by avoiding inventory cost. Today’s post features an ROI Calculator to help you plug in your numbers and estimate inventory holding cost reduction. Inventory holding cost reduction:
Verdantis hosted its latest webcast last week – ‘Material MDM – All Your Questions Answered’. The event was followed by an interactive Q&A session with the attendees. In the webcast our panel of experts shared Verdantis’ experience, mistakes, and successes with the attendees. For over a dozen years now, Verdantis
After having a bird’s eye view of data governance last week, it is now time to get down to some details on the topics. In this blog post, we’ll have a look at the role of data governance in master data management. Data Governance – The follow up to Data
Utilities face many challenges with their business and operations. In a highly asset intensive industry with a geographically disparate asset base, implementing operational and maintenance standards and practices is necessary to continually improve the balance between asset reliability and costs. They require uninterrupted supply of adequate and cost-effective materials
Our 1st Blog post (of this series) described how MRO intensive Organizations tend to side line the Asset reliability processes that in turn results in negative business outcomes. Starting this week, we will be listing the most common pitfalls and steps to avoid them. Here are the 2 that
Data cleansing is one of the most important practices that can go a long way for any enterprise. It ideally refers to removing any wrong or incorrect entries in the data to ensure coherence of the existing data at any given time. It basically helps in ensuring that the data
Data quality is no longer something that any organization can avoid or put on the back burner. With all data being considered as assets, it is critical to ensure data credibility at every stage of processing. Today we tell you about the errors that can creep in your data and
The holiday season is upon us and with it is everything Christmas, including, probably the most easily identifiable symbol of this holiday – Santa Claus. Santa, along with the Easter Bunny and the Tooth Fairy is a staple of our childhood, a remnant of a simpler time. Whatever you
The phrase – ‘Single Version of the Truth’ is bandied about by most practitioners of master data management. It generally comes up when they are trying to explain to the customer what they aim to achieve with their efforts. Today, I’ll be trying to simplify the term and also try
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