When material master data is inaccurate, incomplete, redundant, fragmented—or all of the above—procurement and many other functions within a manufacturing organization can not operate with maximum effectiveness and
efficiency.

This WEBCAST will explore the business case for Material Master Data Management (MMDM) and the critical role that procurement must play in MMDM initiatives to define both data governance
and ongoing stewardship of the
company’s material master data.

You will learn how well-run MMDM initiatives—

• Manage data quality on an ongoing basis
through a Data Governance model,
• Create inventory visibility across an enterprise, lowering carrying costs, minimizing stockouts, freeing up cash, and improving both worker and plant productivity, and
• Support such critical corporate activities as post-merger or acquisition integration and ERP system consolidation

This Purchasing Magazine learning event is brought to you courtesy of Zynapse.