Master data management (MDM)

Master data management (MDM),

Definition of Master data management (MDM):

  1. The processes, strategies, and technologies including the people who create and manage a complete master data system which provides a business its process. Solutions of MDM are used to provide complete views of customers, vendors, equipment, materials, and other pertinent data within a master database that is integrated across multiple application systems.

Meaning of Master data management (MDM) & Master data management (MDM) Definition