Procurement Information Architecture Part 4: Master Data Management [PRO]

The good news with MDM applications (and analytics) is that they are bona fide “composite applications” that can fill in the holes of the incomplete data models of your existing applications, and allow you to not only fix the data at the source to reduce downstream transactional errors and also improve analytic capabilities, but they also allow you to more strategically manage your “information supply chain” next to your physical value chains. And who wouldn’t want to do that?

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