Master Data Management Framework

Master Data Management (MDM) Framework is a structured approach that ensures an organization’s core data—such as customer info, products, or suppliers—is accurate, consistent, and reliable across all systems. It involves defining standards, processes, and tools to centralize and harmonize key data sets, reducing duplicates and errors. This helps the organization make better decisions, improve efficiency, and provide consistent information to stakeholders. In essence, MDM creates a trusted "single source of truth" for critical data, ensuring everyone in the organization works with the same, high-quality information.