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
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:
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
Data Governance is a process-based structure that leverages an Approval Workflow system. The effectiveness and efficiency of the Data Governance Model depends on some critical factors. So, what supporting factors come into play in practical Data Governance deployments? We underscore ‘practical’ since our perspective on Data Governance is that it
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
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 •
We started off the year with a deep dive into material master data quality and what the phrase signifies. While getting material data to an acceptable level of quality is essential, material master data management consists of another, equally important part – data governance. What is Data Governance?
The last few weeks at Verdantis were a whirlwind. We concluded our most attended Webinar – Strategically Manage Data Quality in an ERP rollout. (For anyone who couldn’t attend, click here for the presentation.) The event was a success with a large audience keeping our presenter, Arthur Raguette
In my previous post I attempted to differentiate among the different ways DQ and MDG projects get started and how both the DQ and MDG processes are prioritized. As a quick follow up to that, I want to share that each approach – whether an IT lead MDG with
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