Master Data Management (MDM) controls, secures, and organizes the product lifecycle.
What is Master Data Management (MDM)?
Digital Wave Master Data Management is a platform that allows business and IT to work together to ensure that the enterprise’s data assets are uniform, accurate, consistent, and under appropriate stewardship. Digital Wave MDM currently is a robust solution and will soon support the following data domains: Product, Customer, Vendor, Location, and Time.
Transform a Sea of Data
Into a Single Source of Truth
- Master data management is used by an organization to establish a single source of truth for all its critical data. Through master data management, an organization can ensure consistent and accurate master data across its entire enterprise and can collect/disseminate it from/to suppliers and customers.
- Not all organizations need full MDM. In fact, many retailers, brands, distributors, and wholesalers require and use only Master Data Management. Master Data Management, built into Digital Wave, is easy to maintain and provides additional functionality to Product Experience Management such as Item Creation so that items no longer have to be entered into a laborious ERP system. Instead, items can be quickly created in Digital Wave and can update the ERP system.
Digital Wave Master Data Management Includes:
Connect the Enterprise
The cloud-native, API-first, micro services architecture enables Digital Wave to easily connect to and support any third party system or business process that consumes or creates product data. A multi-billion dollar retailer has connected Digital Wave to 19 internal and external systems to ensure standard data is utilized everywhere, including analytical processes.