Role of Master Data Management in Achieving Data Quality and Consistency

EasyChair Preprint 12479

Abstract

Master Data Management (MDM) plays a pivotal role in ensuring data quality and consistency within organizations. In today's data-driven world, where organizations rely heavily on data for decision-making processes, maintaining high-quality and consistent data is imperative. This research paper explores the significance of MDM in achieving data quality and consistency. It delves into the key components of MDM, its benefits, challenges, and best practices. Additionally, MDM involves implementing data governance frameworks to enforce policies, rules, and procedures for managing master data throughout its lifecycle, from creation and acquisition to archival or deletion. This research elucidates the significance of MDM in fostering a unified, reliable, and accurate data environment essential for organizational success.

Keyphrases: Master, data, management

@booklet{EasyChair:12479,
  author    = {Habiba Najaf and Kurez Oroy},
  title     = {Role of Master Data Management in Achieving Data Quality and Consistency},
  howpublished = {EasyChair Preprint 12479},
  year      = {EasyChair, 2024}}