Master Data Management

Implications and business values

As a company becomes more complex, the need for Master Data Management (MDM) usually increases. When different business areas or even organizational units use the same data, a consolidated view of key data such as product, customer, or supplier data.

So that an MDM program is the largest possible added value can generate, a holistic view of business processes and goals is required. Experienced digitization experts not only help to keep an eye on these perspectives and to integrate the MDM solution cleanly into the system landscape, but they also help companies to achieve the necessary cultural and organizational Change processes tackle.

As a cross-divisional discipline and trend-setting authority for diverse corporate decisions, MDM particularly needs a strong data governance, which should ensure that the data is used and further processed consistently and correctly. Depending on how advanced the data culture in the company is, the expertise of all parties involved is needed to ensure consistently high data quality.

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