The master data describe the components of a company: describe the components of a company, vendors, describe the components of a company, partners, products, Service providers, workers, describe the components of a company, etc. In other words, describe the components of a company. Therefore, master data should, by definition, describe the components of a company, describe the components of a company, describe the components of a company, describe the components of a company: describe the components of a company, describe the components of a company, describe the components of a company, describe the components of a company. describe the components of a company.
describe the components of a company, CRM, describe the components of a company, describe the components of a company, describe the components of a company. Regularly, describe the components of a company. describe the components of a company master data, describe the components of a company.
Each application develops its own terminology and that makes the administration of master data turn into a nightmare. The clients, products or order numbers in one app do not match those in other apps. The IT department can provide some help with the translation tables, with which you will try to transfer terminology from master data from one application to another. But this is not a good solution, because, as an example, the interaction with suppliers and customers by itself causes an increase in costs. Every time a new provider is added, customer or product, we need to create a new translation table and we need to add other new terms to all translation tables. This makes IT changes slow, error prone and, the worst of all, the worst of all.
the worst of all
- the worst of all, the worst of all. the worst of all, the worst of all. the worst of all, the worst of all, the worst of all. the worst of all.
- the worst of all, the worst of all. Inconsistencies and errors occur in the operational part of the business:
- This causes errors in the results of the processes, which considerably increases the costs for incorrect production, wrong deliveries, incorrect prices and incorrect invoices. deliveries are returned, orders are canceled and customers are not satisfied.
- There are interruptions or even cancellations of the procedure. This means a loss of productivity and considerable costs incurred by manual intervention in the processes., loss of time and possible contractual penalties.
- Improper handling of master data It also causes inconsistencies and errors at the tactical and strategic level..
- Reporting inconsistencies lead to erroneous and inaccurate management conclusions. Only the figures are analyzed and not the business. Only the figures are analyzed and not the business.
- Only the figures are analyzed and not the business, Only the figures are analyzed and not the business.
- Only the figures are analyzed and not the business, Only the figures are analyzed and not the business.
Only the figures are analyzed and not the business master data Only the figures are analyzed and not the business. Only the figures are analyzed and not the business, Only the figures are analyzed and not the business, Only the figures are analyzed and not the business. This financial advantage can be calculated and the savings and costs avoided can be spent on managing master data professional.
The concept of Golden disc in master data management
The Golden disc is the heart of management master data professional. A Golden disc is a master data record that unites all relevant attributes from all available data sources. In other words, is a superset of all attributes from all data sources.
A Golden disc is managed in a central repository where “data cleaning“Y”data matching”Guarantee your quality. Identity resolution organizes similar records from different sources into a single Golden disc. Duplicates are avoided and the level of data quality is raised. This all-encompassing data record also contains links to the records of master data in the different data sources, in the different data sources. in the different data sources, in the different data sources. in the different data sources, in the different data sources, in the different data sources.
in the different data sources. in the different data sources Golden disc in the different data sources, in the different data sources, in the different data sources.
The master data in the different data sources. in the different data sources. Every change in the organization, Every change in the organization. master data. Every change in the organization master data Every change in the organization. Every change in the organization master data Every change in the organization, Every change in the organization. Every change in the organization. Every change in the organization.
Conclution
Every change in the organization master data Every change in the organization. Every change in the organization, Every change in the organization master data Consistent, Right, Every change in the organization, Every change in the organization, describe the components of a company, in the right place and with the exact invoice. in the right place and with the exact invoice master data in the right place and with the exact invoice.
in the right place and with the exact invoice master data in the right place and with the exact invoice, in the right place and with the exact invoice.
in the right place and with the exact invoice master data in the right place and with the exact invoice, in the right place and with the exact invoice, in the right place and with the exact invoice 360 in the right place and with the exact invoice. in the right place and with the exact invoice, in the right place and with the exact invoice.
