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
Material Data is some of the most complex Master Data around. Core to operations, Key for performance reporting, and critical to EH&S compliance. But who owns it? Who controls it? Who oversees it? Historically, all master data, may have been considered to be the exclusive property of the
Last week, Verdantis hosted its latest webcast – ‘Why MDM Should Be a Part Your ERP Planning’. The event was followed by an interactive Q&A session with the attendees. The webcast outlined why it is essential to embrace Material MDM while implementing an ERP. The event covered following
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
The criticality of electricity cannot be overstated and neither can the effects of the ongoing transformation in the electric utility industry. Worldwide, energy companies are in the midst of mega transitions, forced to rethink how they operate and how they will make good on their obligations over the long
Companies that spearhead a merger or acquisition usually have one overriding goal in mind: to become a bigger and (hopefully) better entity. But the people involved don’t always see past the actual M&A transaction and all the intricacies it will bring. One of the issues that deserves more attention is
We recently concluded one of our most attended webinars – ‘Driving Real-dollar returns during ERP Implementations: The MDM Perspective>’ followed by an interactive Q&A session with the attendees. ERP implementations are complex and resource (time and money) intensive processes, and very few organizations are able to derive the
As the year draws to a close, we look back at our greatest hits of 2015. We started off the year by bringing ‘Big Data’ into the MDM mix and followed it up with some great tips on Data Quality for enterprises. Our three-parter on the oil and gas industry
Knowledge Hub
Verdantis Solutions