Information Management

Information Management

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Master Data Management (MDM) Channel


Master data management (MDM) is meant to deliver a near real-time, hub-based and synchronized master record of information to any seat or point of view in the organization. Master records are created with data that is defined, integrated and reconciled from multiple systems (customer relationship management, financial, supply chain, marketing etc.) and classified by type (e.g. product master, customer master, location master etc.). MDM is often pursued by data type through programs that address Customer data integration (CDI) or product information management (PIM), though many observers believe true MDM requires reconciliation of all data types. Critical to MDM are the notions of data quality and matching, which technology tools can help to automate.

Articles

Top 5 Mistakes in MDM Delivery

Master data management can be difficult to deliver. Successful implementations avoid these mistakes

Top 5 Master Data Management Misconceptions

Because of the various interpretations of MDM, some common misconceptions have developed

Multi-Entity MDM Enablement

Without MDM enablement, a multi-domain solution is comprised of segregated domains which do not leverage any common assets

Risk Management and the Need for Master Data Management

If you do not know your customers or trading partners intimately you cannot accurately understand your risk exposure to them

Multidomain MDM Implementation – Analysis for Selecting the Right Approach

Before a multidomain MDM service is deployed, a company should conduct a thorough analysis of the business uses and value of the system and the demands placed on it

Columns

Taxonomies and the Semantic Web in Product Master Data

Use of semantic technologies can ensure better control over the product design process while still allowing flexibility

Master Data Management and the Elephant

Each part of MDM has worth, but all the parts together provide the most value

Master Data: Don't Surrender

You can and must build master data management capabilities to achieve high performance

Entities or Collections?

Is a master data entity really an entity or is it something else?

The Product Information Challenge

Mastering product information requires different approaches than customer information

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