Master data is a company asset. The better the data, the better business operation (and the lower the costs)
In addition to the capabilities provided with the Master-Data Consolidation IT scenario, master-data harmonization dramatically improves data quality and minimizes redundancy within the system landscape. Master data information that has been consolidated centrally can be distributed to the client systems to achieve overall quality standards and streamlined business operation.
The main process flow in the master-data harmonization IT scenario is as follows:
*) Can be used in addition to Syndicator/Syndicator Batch
**) Also possible using SAP NetWeaver Portal (iViews)
In summary, master-data harmonization allows the local creation/update of master data with periodical communication to the central hub and subsequent distribution to other clients to ensure data quality while maintaining data in the local/client application.
SAP NetWeaver MDM provides the following benefits:
- Incorporate all benefits of master data consolidation
- Add value through sustained improvement of master data quality in heterogeneous landscapes
- Allow client-specific control on master data
The SAP NetWeaver MDM approach focusses on globally relevant master data attributes, and leaves locally relevant information up to the local sites.
Hope this helps you to see master data management from a scenario and process perspective.