Master Data Management
In many organizations, there are commonly known concepts that are the focus of business processes, such as products, customers, suppliers, employees, policies, and finances.
Most data is shared and used by several people inside and outside the company. Because it is used by multiple applicants, an efficient Master Data Management is necessary to prevent an error in Master Data to cause an error in all the applications. A successful Master Data Management solution requires a high-quality integration of master data. This high-quality can ensure:
- transparent control of the countries- and business interdependencies within company networking
- harmonization of master data without duplication
- operating local and central data management in hydrogenized system landscapes
- establishment of a uniform nomenclature
- linking and harmonizing internal nomenclatures with which you ensure the up-to-dateness, consistency, completeness, accessibility and interpretability of the master data
- compliance of legal requirements
- differentiation of product-data (document master, material master, etc.) production data (Lean Production, bill of materials) and the processes that control the life cycle (Change Master)
An optimized Master Data Management will profit you in many ways:
- improved competitiveness and customer service
- efficient reorganization of your product structure
- harmonization of product structure oriented on product requirements, function components, objectives
- simplified application, reduction in administrative effort
- improved process quality and business productivity
- improved product development process
- cross-system availability of data
- management reporting based on accurate data
With experience and expertise our excellent IT Consultants will help you with the efficient organization of your own Master Data Management and the definition of your specific master data architecture and quality.
