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 next post, we’ll provide a calculator to help you plug in your numbers.

THE BUSINESS CASE FOR MATERIAL MASTER DATA MANAGEMENT

Research from leading analyst firms have found that reduced material costs and optimized inventory, enabled by harmonized and subsequently maintained material master data, can contribute more than 1/3^rd of the hard dollar savings from an ERP consolidation initiative.

Stay tuned for our next post wherein will share our Business Benefits Calculator to help you with your ROI calculations.  If you don’t want to (or can’t) wait for it, click here and contact us.

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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.

Latest posts by Arthur Raguette (see all)

• On Demand Webinar:Strategically manage data quality in an ERP rollout - August 27, 2018
• Benefits of Material Master Data Management-Part 5 - March 21, 2018
• Benefits of Material Master Data Management-Part 4 - March 1, 2018