A quality material master data helps in eliminating hidden costs and improve profits within the organization. Without clean, standardized and enriched data, industries cannot realise the full value of their business potential. If the materials portray differently, inadequately or incorrectly in the material master, it will create negative impact on the organization. If the material master has poor descriptions, there is a chance of creating downtime, creation of duplicate materials and users procure materials outside the system. The result is, rise in inventory and substantial increase in equipment downtime.
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