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Master Data Management (MDM) helps retailers consolidate different views into one, ensuring data is accurate, consistent and complete across all systems.
Master files contain descriptive data, such as name and address, as well as summary information, such as amount due and year-to-date sales. Contrast with transaction file. See master data management.
To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times ...