MDM Strategy

An MDM (Master Data Management) strategy is a plan for organizing and maintaining an organization's key information—such as customer details, products, or suppliers—to ensure consistency, accuracy, and accessibility across all systems. It involves establishing standardized data definitions, quality controls, and governance practices. By doing so, an organization can reduce errors, improve decision-making, and streamline operations, as everyone relies on the same trusted data. Essentially, it's a structured approach to managing the core data that everyone depends on to work efficiently and make informed decisions.