In business, master data management (MDM) comprises the processes, governance, policies, standards and tools that consistently define and manage the critical data of an organization to provide a single point of reference.

DESSS will help you with Master Data Management consulting by:

• Identifying the critical master data
• Check how data is organized and stored
• Ownership of data
• Data Model
• Identifying governance
• Quality control
• Go Live

Mastered data has two types

• Reference data – the business objects for transactions, and the dimensions for analysis
• Analytical data – supports decision making

 

DESSS used Master Data Managment (MDM) tool for:

• Removing duplicates
• Standardizing data
• Eliminate incorrect data

 

The below are best master data examples:

• Products
• Accounts
• Parties

The redundancy of party and account information is compounded in the front to back office life cycle, where the single authoritative source for the party, account and product data is needed but is often once again redundantly entered or augmented.

 

Our goal using Master data management processes for the below to ensure Consistency and Control applications runs smoothly:

• Collecting
• Aggregating
• Matching
• Consolidating
• Quality-assuring
• Persisting
• Distributing

 

DESSS's Master Data Management Consulting supports includes the below tools:

• Informatica MDM
• IBM
  • InfoSphere MDM Server
  • Initiate Master Data Service
• Oracle
  • Customer, Product, Supplier, and Site Hubs
  • Data Relationship Management
• SAP NetWeaver MDM
• D&B Purisma
• TIBCO MDM
• Black Watch Data
• Talend MDM
• DELL Boomi
• TIBCO MDM
• SAS MDM
• Tableau

 

What Is Master Data?

Lists of data that are used by several of the applications to standardized data and distribute among the system and organization. ERP/CRM system as a minimum will have a Customer Master, an Item Master, and an Account Master. This master data is often one of the key assets of a company.

 

There are essentially below types of data in Organizations:

Unstructured

• Mail
• White paper
• Magazine articles
• Corporate intranet portals
• Product Specifications
• Marketing collateral
• PDF files

Transactional

• Sales
• Deliveries
• Invoices
• Trouble tickets
• Claims

Metadata

• XML documents
• Report definitions
• Column descriptions in a database,
• Log files,
• Connections
• Configuration files.

Hierarchical

• Company organizational structures
• Product lines

Master People:

• Customer
• Employee
• Salesperson.

Things:

• Product
• Part
• Store
• Asset

Concepts:

• Contract
• Warrantee
• Licenses

Places:

• Office locations
• Geographic divisions

 

Please contact us for Master Data Management Consulting services via phone @ 713-589-6496 or email to us.