22 September, 2020
Welcome to SAP MDM Tutorials. The objective of these tutorials is to provide an in-depth understanding of SAP MDM. In addition to free SAP MDMe, we will cover common interview questions, issues, and how to’s of SAP MDM.
MDM in SAP stands for Master Data Management. In an organization master data is stored for various sections and various activities in different forms. So for best results, these master data should be consolidated and maintained centrally as a single version source. Here comes the SAP NetWeaver MDM component. MDM is one of the core components of SAP NetWeaver Architecture for information management activity. It is the platform for consolidating, cleaning, and synchronizing and distributing the master data. MDM provides the customers, vendors, products like master data as a single version of central master data.
MDM Business Roles
Local MDM Manager
Management support from Local Master Data Sponsor
Master data management (MDM) is the creation of a single, accurate, and unified view of corporate data, integrating information from various data sources into one master record. This, in turn, translates to:
Improved Decision Making
Regulatory & Compliance
More accurate reporting to regulatory compliances
A single definition of master data is critical to success when merging financials, planning, BI of 2 Companies
MDM sits at the “heart” of Business Processes
Roles are fundamental to link Processes to Master data Objects
Implementations frequently overlook MDM
TekSlate is the best online training provider in delivering world-class IT skills to individuals and corporates from all parts of the globe. We are proven experts in accumulating every need of an IT skills upgrade aspirant and have delivered excellent services. We aim to bring you all the essentials to learn and master new technologies in the market with our articles, blogs, and videos. Build your career success with us, enhancing most in-demand skills .