RDM (Reference Data Management)

Reference Data Management (RDM) involves organizing, maintaining, and standardizing key data that is used repeatedly across an organization, such as codes, classifications, or standards. This data helps ensure consistency and accuracy in reporting, decision-making, and operations. Think of it as the master set of definitions or categories that everyone in the organization refers to, preventing confusion or errors caused by inconsistent data. Effective RDM ensures that different departments and systems are aligned, enabling smoother workflows, better analytics, and more reliable insights.