Appendix A. Getting Started with MDM
This appendix will discuss the need for MDM and provide an overall understanding of its key capabilities.
MDM concept
Master data forms the core of any Enterprise data that is referenced in day-to-day business processes. It ensures smooth operation of business processes and helps in making well-informed decisions. Over longer time periods, master data hardly changes as compared to business transactional data. Master data objects for any organization primarily comprises of the following:
- Product master
- Customer master
- Supplier master
- Employee master
Master data within a company might be available in several different views. This leads to different departments or areas in a company to create different versions of a ...
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