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Master Data Management

A technology-enabled discipline in which business and IT work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise’s official shared master data assets.

AbbreviationMDM
Categoryai

Overview

Master Data Management (MDM) is a comprehensive method of enabling an enterprise to link all of its critical data to one file, called a master file, that provides a common point of reference. When properly done, MDM streamlines data sharing among personnel and departments.

Master Data Entities

  • Customers
  • Products
  • Employees
  • Locations
  • Suppliers

Related Terms

Data GovernanceData QualityData Integration