Design Your Master Data Governance Program to Best Serve Your Organization

How is the master data of your organization managed, protected, and validated for accuracy and completeness? Many organizations have been asked this very question. Their response is often in the form of another question to their IT departments: “What ARE we doing about our master data?”

Whether it is information about customers, products, parts, suppliers, business units, chemicals, material, equipment, or other factors, master data is the lifeblood of an organization. Highly visible in its fi nal form, this data is used throughout an organization by way of invoices, statements, packing slips, warehouse inventory lists, marketing catalogs, supplier listings, and customer information. The challenge many organizations have is that their staffs may not recognize this type of information as master data.

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