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MDM solution comprise a broad range of data cleansing, transformation, and integration practices and gives a consistent view of core business objects for masters like Suppliers, Customers, Inventory Part, Purchase Part, Sales Part and many more.
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What is Master Data Management (MDM)?
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2. Centralize all your data in one place and say NO to Discrepancy Inconsistency Duplication of Data
Mater Data Management (MDM) is a solution that centralizes data into one master copy which is then
synchronized to all enterprise applications This system provides organization with data integrity for better
decision making and process execution
Data maintained by multiple stakeholders leads to unused and incorrect information in the system Consolidate
critical information across the enterprise while reducing redundancy Improve data integrity and ensure validity
and completeness
Changes made to data at one site location remains isolated and doesn’t reflect at other site locations resulting in
data discrepancies and business challenges. Master Data edits are not isolated and reflected across all locations
ensuring consistency.
MDM template configuration is a one time setup for each IFS master objects which needs to be managed.
Templates will have all the fields from master data screen. Based on the business process requirements the
mandatory fields & default business rule values can be configured. Approval routing can be defined for each
MDM Templates. Multiple IFS Master data screen / Tabs can be combined in one Template IFS Master Objects
Business Mandatory Felids Default Business Rule Value Approval Routes Revision Control IFS Mandatory Felids
Centralize all your data in one place and say NO to Discrepancy Inconsistency Duplication of Data