17th September, 2018
What is SAP Master Data Management?
SAP Master Data Management (SAP MDM) enables information integrity across the business network, in a heterogeneous IT landscape. SAP MDM helps to define the business network environment based on generic and industry specific business elements and related attributes – called master data. Master data, for example, cover business partner information, product masters,product structures, or technical asset information. SAP MDM enables the sharing of harmonized master data, formerly trapped in multiple systems, and ensures cross system data consistency regardless of physical system location and vendor. It helps to align master data by providing services that recognize identical master data objects and keep them consistent. In addition, it enables the federation of business processes, by providing consistent distribution mechanisms of master data objects into other systems, within the company and across company boundaries.
What are SAP MDM’S major benefits?
SAP MDM: Helps companies leverage already committed IT investments since it complements and integrates into their existing IT landscape. Reduces overall data maintenance costs by preventing multiple processing in different systems. Accelerates process execution by providing sophisticated data distribution mechanisms to connected applications. Ensures information consistency and accuracy, and therefore reduces error-processing costs that arise from inconsistent master data. Improves corporate decision-making processes in strategic sales and purchasing by providing up-to-date information to all people.
What are the MDM Business Scenarios ?
-Master Data Consolidation
-Master Data Harmonization
-Central Master Data Management
-Rich Product Content Management
-Customer Data Integration
-Global Data Synchronization
What is Master Data Consolidation ?
In Master Data Consolidation scenario, users wield SAP NetWeaver MDM to collect master data from several systems at a central location, detect and clean up duplicate and identical objects, and manage the local object keys for cross-system communication.
What is Master Data Harmonization ?
In Master Data Harmonization scenario enhances the Master Data Consolidation scenario by forwarding the consolidated master data information to all connected, remote systems, thus depositing unified, high-quality data in heterogeneous system landscapes. With this scenario, you can synchronize globally relevant data across your system landscape.
What are all the capabilities and functions of SAP NetWeaver MDM ?
SAP NetWeaver MDM is used to aggregate master data from across the entire system landscape (including SAP and non-SAP systems) into a centralized repository of consolidated information. High information quality is ensured by syndicating harmonized master data that is globally relevant to the subscribed applications. A company’s quality standards are supported by ensuring the central control of master data, including maintenance and storage.
Interested in mastering SAP MDM Training? Enroll now for FREE demo on SAP MDM Training.
Learn more about SAP MDM Tutorials in this blog post.What objects will be supported by SAP MDM? What services will be offered ? -The initial release of SAP MDM will support the following master data objects: business partner, product master, product structures, document links, technical assets and change masters. -Services provided depend on the type of objects and will include maintenance of objects, search for objects, workflow, mass changes, change notifications, duplicate checking, and notifications for object creation and discontinuation. Will the solution provide the adaptors to all SAP solutions ?
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