The processing of
master data can create a number of potential problems.
With Software AGEoACAOs ARIS Business Process Analysis platform, MDM will enable customers to identify and define key process
master data requirements during the process modeling phase, while its webMethods Business Process Management and SOA product suite will enable customers to integrate
master data management into process execution and integration.
Milan Vacval is director of
master data solutions at Gladson, a Lisle, Ill-based provider of product images, product information and category management services.
To avoid a customer data integration/
master data management effort being viewed in the same light as a massive enterprise resource planning project, there are end objectives that can be undertaken to provide readily achievable yet significant benefits such as cost reduction, cost containment, more efficient/effective customer cross-selling, increased sales effectiveness and enhanced distribution relationships.
Typically, they have a complex MDM architecture that connects all the MDM solutions' keeping
master data in sync across the entire enterprise.
The Active Governance pre-packaged controls for financial integrity are categorized into three functional groups: Operational controls encompass basic transaction, application setup and
master data validation; Risk Management controls identify significant cash, credit and asset risk exposure; and Reportable Event controls address the fiscal responsibility that companies have to disclose any material event that may potentially impact the organization's financial health.
Those attempts to impose common business definitions need to be workflow-based and centred around a web-based repository where the 'golden copy'
master data can be defined, published and distributed - not by IT but by the business people and operational systems that use and rely on that data.
Through its Intellectual Property Group, which includes MicroPatent,
Master Data CenterTM, Liquent, and LPS Group, the company provides a broad array of databases, information products, and complementary services for intellectual property and regulatory professionals.
The system provides two-way communication that allows production schedules, and
master data for recipes and machine settings, to be transmitted to the shop floor operators.
has sold
Master Data Center (MDC; Southfield, MI) to McGraw-Hill (New York).
D&B for SAP R/3 includes two components, for customer (accounts receivable) and supplier (accounts payable), and integrates R/3
master data and the D&B database at the application layer.