Tag Archives: roi calculation mmdm

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

Benefits of Material Master Data Management-Part 2

Material Master Data Quality Improvement can reduce the costs of an ERP or EAM implementation.  They can also improve your cash flow, reduce operational outages, and generally support improvement in business operations.  In this post, we provide a calculator to help you plug in your numbers and estimate the value

Benefits of Material Master Data Management

Our last few posts talked about Operations and Procurement issues that arise from poor Material Master Data quality.  Funding a quality improvement project is never easy.  Let’s look at some ways in which Material Master Data quality improvement can reduce the costs of an ERP or EAM implementation.  In our

Material Master Data Governance Teams

Master Data Governance for Materials is unique. The workflow is more multi-domain than any other master data object, the timelines for completion are tight, and the need for accuracy is dire.   We’ve included two charts below from an earlier survey which outline the make-up of Material Master Data Governance

Webinar-Strategically-manage-data-quality-in-an-ERP-rollout

A Quick Run-through of Our Latest Webinar – ‘Business Benefits of Material Master Data Management’

We recently hosted a webinar, ‘Business Benefits of Material Master Data Management’, presented by George Pasti (Regional Manager, Verdantis). It was followed by an interactive Q&A session with the attendees. For those of you who missed it, here’s a quick rundown.   The webinar started off by examining the various