Simple and comprehensive
This way, you see everything at a glance for the basis of strategic decisions: The users themselves determine the structure of all master data, connect data records, and merge redundant data or duplicates.
Master Data Management, abbreviated as MDM, is useful in companies of all sizes and aims at securing the consistency of large and strategically critical quantities of data originally coming from various data sources.
We’re always happy to demonstrate to you in person how our software optimizes your product data processes.
WHAT DO YOU HAVE TO KNOW ABOUT MDM?
Master Data Management is the centralized organization of all of your company’s data. Here, three aspects you’ll have to keep in mind.
When talking about MDM nowadays, you’re usually referring to “Multi-Domain Master Data Management.” Contrary to systems for “Single-Domain Master Data Management”, such systems manage data from multiple — or, ideally, all — fields and areas. Single-domain systems, for example, focus on a specialized field such as PIM or CRM.
This type of software is not developed to the end that you will only use one system for all your company’s business decisions. MDM is only one kind of data storage and has, as a rule, little to no domain-specific functions. That is to say, it cannot generate invoices out of offers or classify product data by industry standards such as ECLASS. Such specialized tasks are still executed within dedicated systems the data of which is mirrored in the MDM system.
Without MDM software, your subject-specific data remains dispersed over various applications or, perhaps, even simple MS Excel tables – so that comprehensive oversight of customers or products is not possible without significant effort. The main goal of Multi-Domain MDM systems is to dissolve unordered data clusters, unifying them and bringing them into relation.
Storing master data centrally for an enhanced overview and connection of all data from various domains and fields are the core functions of MDM. Additionally, MDM provides you with…
Master data are unordered units of information from corporate departments. For example, this includes data on customers, target groups, corporate branches, tasks and jobs, products, or suppliers.
A Master Data Management system can integrate all sorts of systems: PIM, CRM, ERP, online shops, and SCM.
eggheads’ very own software solution, eggheads Suite, encompasses functions of MDM systems for the primary field of product data. Additionally, you can create and manage data on customers, tasks, or corporate branches and connect them with one another as necessary.
There’re as many possibilities as there is master data.
License costs may vary from free Open Source PIM to Enterprise PIM. Let’s talk about your goal, your return-on-investment, and your information flows together and analyze your concrete requirements in collaboration.
Let’s talk about product data together.