Master Data Management#
Master data management (MDM) is the process of creating, maintaining, and governing a centralized, consistent, and accurate view of an organization’s critical data assets. MDM involves the design and implementation of processes and systems to ensure that the organization’s master data is complete, accurate, and consistent across all systems and applications. Master data refers to the core data assets of an organization, such as customer, product, and supplier information, and it is often used as the foundation for other business processes and systems. MDM is an important part of an organization’s overall data management strategy, and it is often used to improve data quality, reduce data inconsistencies, and support data-driven decision making.