SAP MDM
SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
Key elements of the solution include:
- Centralized creation and maintenance of master data – Companies can ensure governance at the point of authorship and avoid duplication, invalid edits, and non-compliance
- Automated workflows – Standardized and customizable, these automated workflows ensure the right people audit, approve, and manage the master data at the right time
- Compliance and audit support – Maintaining version control and change history improves transparency and helps ensure compliance
- Security and access – Role-based access and device specific setup helps to enforce security and yet, provide the right people with access.
SAP Master Data Governance also comes pre-built with the most common domains for SAP – Customer, Supplier, Material, Financials, Retail, and Technical assets. It also a rich set of domains that customers can implement such as country code, tax code, order type, bank code, currency code, department, channel, activity type, document type, etc.
With SAP Master Data Governance, companies can also implement and manage a federated master data (instead of a centralized one) where different teams own different domains. The central system manages the core while syndicating specific domains to other systems. This model provides flexibility to regional office or product units, while also ensuring central compliance and a single source of truth.
SAP Master Data Governance’s cloud edition goes further by providing a hub-and-spoke federation that can slowly help an organization migrate to a federated approach.
Overall, SAP’s MDM solution meets the goals of data strategy, a critical strength as companies’ data growth explodes.
581 results
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SAP GRC Global Trade Services Eases Product Classification
Discover how you can use the classification tool available in SAP Governance, Risk, and Compliance Global Trade Services to maintain and assign the export/import classification, Commodity Code, and the Harmonized Tariff System. Key Concept An Export Control Classification Number (ECCN) is a specific five-character alpha-numeric number used to identify the level of control for an...…
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2 Enhancements Unlock the Potential of SAP Wave Picking
Improve warehouse productivity and efficiency by streamlining your warehouse activities with wave creation logic and a wave monitor. Key Concept A warehouse pick wave consists of a group of deliveries or work packages that need to be processed together during picking. For example, these deliveries need to ship together on the same truck, or you...…
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Calculate the Best Fitting Forecast with SAP APO Macros, Forecast Errors, and Process Chains
Learn how to implement a fully automated forecast analysis system with model comparison within SAP Advanced Planning & Optimization demand planning. Key Concept A process chain is a series of processes that waits in the background for an event. Some of these processes can trigger a separate event that starts other processes, hence forming a...…
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ITSmobile: A New Technology for Warehouse RF Applications
/MobileEvaluate ways ITSmobile can enhance your warehouse operations. Get valuable implementation tips and insights to consider. Key Concept Internet Transaction Server mobile (ITSmobile) replaces WebSAPConsole as the latest SAP technology for developing mobile data entry applications using GUI-based handheld computers. ITSmobile allows the user to execute warehouse radio frequency (RF) transactions on the mobile browser...…
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Efficient Production Planning Using SKU Groups with the SNP Optimizer
SCMFind out how to overcome the limitations of Supply Network Planning’s aggregate and block planning capabilities. Key Concept Aggregate planning is a feature in Supply Network Planning (SNP) whereby net requirements calculation from medium to long term can be executed at a product group level using aggregate objects such as SKU groups, location groups, resource...…
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How to Use ABC-XYZ Classification in SCM 7.0, Enhancement Package 2
Find out how to harness the ABC-XYZ functionality of SCM 7.0, enhancement package 2 to automate classification of products and optimization of statistical forecast model selection according to historical sales value and the products’ value volatility. Follow 6 steps to set up SAP Advanced Planning and Optimization (APO) Demand Planning for product classification and forecast...…
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Streamline Master Data Maintenance in Demand Planning
Learn the process flow of realigning data and copying characteristic value combinations (CVC) in SAP Advanced Planning and Optimization (SAP APO) Demand Planning (DP). Follow a step-by-step procedure to understand the prerequisites, importance, configuration, and execution of the CVC maintenance process and interpretation of results. Key Concept Demand Planning (DP) in SAP Advanced Planning and...…
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Manage Promotion Planning in SAP APO
Learn how promotion planning can be configured in SAP Advanced Planning and Optimization (SAP APO) to model special events or promotions separately from the normal forecasting process. Follow a step-by-step procedure to configure and run the associated master data objects, run simulations, and interpret the results. Key Concept Promotion Planning is a special feature provided...…
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New End-to-End Project Deployment Process in Solution Manager 7.1 and 7.2
Learn about developments done with multiple large corporations for the IT Requirement-to-Deploy process in SAP Solution Manager 7.1 and 7.2. Follow the management of the IT Service Management (ITSM) and Application Lifecycle Management (ALM) spaces from requirement management, to design, build, test, and deployment in an integrated fashion. Key Concept The Requirement-to-Deploy focus solution is...…
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An Introduction to HR Renewal 1.0 Feature Pack 4
This article provides you with an overview of HR Renewal 1.0 Feature Package 4, along with advice on how to install and configure it. Key Concept SAP Gateway is the technology that allows external applications, devices, environments, and platforms to connect to SAP systems in a secure way. It offers a unified and controlled framework...…
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