In business, master data management (MDM) comprises the processes, governance, policies, standards, and tools that consistently define and manage the critical data of an organization to provide a single point of reference.
Identifying the critical master data, Check how data is organized and stored, Ownership of data, Data Model, Identifying governance, Quality control, Go Live
Removing duplicates, Standardizing data, Eliminate incorrect data
Products, Accounts, Parties
The redundancy of party and account information is compounded in the front-to-back office life cycle, where the single authoritative source for the party, account, and product data is needed but is often once again redundantly entered or augmented.
Collecting, Aggregating, Matching, Consolidating, Quality-assuring, Persisting, Distributing
Informatica MDM, SAP NetWeaver MDM, D&B Purisma, TIBCO MDM, Black Watch Data, Talend MDM, DELL Boomi, TIBCO MDM, SAS MDM, Tableau
Lists of data that are used by several of the applications to standardize data and distribute it among the system and organization. ERP/CRM system as a minimum will have a Customer Master, an Item Master, and an Account Master. This master data is often one of the key assets of a company.
Mail, White paper, Magazine articles, Corporate intranet portals, Product Specifications, Marketing collateral, PDF files
Sales, Deliveries, Invoices, Trouble tickets, Claims
Contract, Warranty, Licenses
Office locations, Geographic divisions
XML documents, Report definitions, Column descriptions in a database, Log files, Connections, Configuration files.
Company organizational structures, Product lines
Customer, Employee, Salesperson.
Product, Part, Store, Asset
Please Contact us for Master Data Management Consulting services via phone @ 713-589-6496 or email to us.
