Many large companies with complex IT landscapes are consolidating ERP/ EAM platforms to deliver improved operational visibility and decision velocity to business. While such roll out projects focus on aligning business requirements with ERP/EAM functionalities and configurations, many teams overlook one of the most business-critical factors – Strategic data
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
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
Our last post talked about the Operations issues that arise from poor Material Master data quality. Let’s take a look at purchasing and spend analysis impacts of poor data. Sourcing Sourcing projects and the make-versus-buy decision process in general require a view of what exists already in the approved
Data Governance represents the symbiotic existence of IT and business–aligned to improve the overall business process. It unifies the compartmentalized information across various departments in an organization to boost data sharing by all concerned. The information sharing results in advantages such as: • Revenue growth • Cost rationalization •
Often overlooked, providing efficient access to, and maintaining the accuracy of, the material master is pivotal to operational success and protecting your data investment. Data Governance has emerged as the point of convergence for people, technology, and process to manage the crucial data (information) of an enterprise. This is a
In our previous blog post, we talked about the impact of lack of data visibility during an ERP implementation. Today, we will discuss how an MMDM solution helps drive greater benefits from an ERP project. Let us explore why MMDM should be a part of the ERP blueprint:
Enterprise Resource Planning (ERP) spans across the different operating functions of an enterprise and its focus is to help the enterprise make the right business decisions. A critical factor in this regard is getting clear visibility into the business and all data associated with it, both past and present. When
Yesterday, Verdantis hosted its latest webcast – ‘Material Master Data Management – Getting the most from your ERP’. The event was followed by an interactive Q&A session with the attendees. The webcast outlined why it is essential for organizations across the business spectrum to embrace Material MDM. The event covered
Last week, Verdantis hosted its latest webcast – ‘Enhancing Business Efficiencies with Material MDM’. The event was followed by an interactive Q&A session with the attendees. The webcast outlined why it is essential for organizations across the business spectrum to embrace Material MDM. The event covered following keynotes –
Knowledge Hub
Verdantis Solutions