Mini toolsDefinition
A comprehensive method of enabling an organization to link all critical data to a common point of reference.
Detailed Explanation
Master Data Management (MDM) provides a unified master reference for all critical business data, ensuring consistency and accuracy across different systems. It includes processes for data consolidation, standardization, and governance, while maintaining hierarchies and relationships between data entities.
Use Cases
Product information management, Customer data unification, Vendor database management, Organizational hierarchy maintenance
