MASTER DATA MANAGEMENT (MDM)
\mˈastə dˈe͡ɪtə mˈanɪd͡ʒmənt ˌɛmdˌiːˈɛm], \mˈastə dˈeɪtə mˈanɪdʒmənt ˌɛmdˌiːˈɛm], \m_ˈa_s_t_ə d_ˈeɪ_t_ə m_ˈa_n_ɪ_dʒ_m_ə_n_t__ ˌɛ_m_d_ˌiː__ˈɛ_m]\
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The processes, people, strategies, and technologies used to build and manage a complete master data system that gives a business its process. MDM solutions give full views of customers, vendors, equipment, materials, and other pertinent data that is a master database integrated across multiple business systems.
By Henry Campbell Black
Word of the day
tinctura quininae ammoniata
- A preparation made by dissolving quinin sulphate in alcohol [Br. Ph.].