master data management
nounMaster data management is the way a company keeps its most important information, like names and addresses, clean and the same everywhere.
The school uses master data management to make sure every student's name and address is correct in all its computer systems.
OTHER MEANINGS
2. The set of rules and tools a company uses to keep its core business information accurate and consistent.
Their master data management system flags any customer record that has two different phone numbers.
3. A job or team that is in charge of keeping important company information tidy and up to date.
She works in master data management, so she checks new product codes before they go live.
4. The practice of combining information from different places into one trusted, single version.
Good master data management means the sales team and the warehouse see the same product list.