Standardized Material Master Data: Saving Time and Money through Better Quality Data
13h00 UTC (8am US Eastern), Tuesday, 2025-02-11.
ECCMA February 2025 Webinar Description:
Quality Master Data is money in the bank! In this fast-paced webinar, Peter Benson, the founder and Executive Director of ECCMA, will be explaining how quality master data can
- reduce inventory by 50%, reduce MRO costs by 15%
- reduce the time and cost of processing requisitions
- dramatically reduce free text (maverick) spend
- improve the accuracy of spend analytics.
With over 20 years helping companies improve the quality of their master data, Peter has seen it all: from companies bought because of the hidden value of their inventory, to warehouses full of surplus stock, to requisitions that take 30 days to process and 60 days to fill with the wrong item.
With AI on everyone’s minds, data can provide valuable insights at lightning speed, but it can also be incredibly misleading. Peter explains how the difference lies in the quality of the source data. And, as data becomes more valuable, you need to be more vigilant to protect it from being captured by software application providers; Peter will explain an easy way to protect your data from lock-in.