Signals Notebook: Is there a way to reset a library and restart the Material IDs

Details: A tenant administrator user can reset the contents of the material library from the material library configuration page. Resetting the library will restart the Material IDs. 
Steps:
   1. Log into Signals Notebook as an Administrator 
   2. Navigate to ‘Signals Configuration’ > ‘Materials’
   3. Click on ‘Material Management’
       3.1. Deactivate the library you want to delete the materials from
   4. Click on ‘Delete and Reset’
       4.1. Click on the ‘Trash’ icon next to the library name
       4.2. Select ‘Only delete all registered records of ....’
       4.3. Type the name in the confirmation box identically
       4.4. Click 'Delete' 
       4.5. Wait for the material library to be reset 
   5. Click on ‘Material Management’
       5.1. Activate the library