8 Reference and Master Data Management
Reference and Master Data Management is the sixth Data Management Function in the data management framework shown in and . It is the fifth data management function that interacts with and is influenced by the Data Governance function. Chapter 8 defines the reference and master data management function and explains the concepts and activities involved in reference and master data management.
In any organization, different groups, processes, and systems need the same information. Data created in early processes should provide the context for data created in later processes. However, different groups use the same data for different purposes. Sales, Finance, and Manufacturing ...