Glossário

Master data

Master data is the registration information that several areas use and that changes rarely: who the customer is, who the supplier is, what the material is, what the service is. It does not record an event — it records the existence of something. That is why an error in it contaminates every transaction that references it.

In practice

What this changes in your master data

Changes rarely, used widely

That combination is what makes it critical: the cost of an error multiplies by the number of areas consuming it.

It has an owner, not a generic custodian

Master data without a responsible area is data nobody fixes, because fixing costs effort and the benefit shows up elsewhere.

It is not reference data

Reference data is a closed list — units, currencies, countries. Master data is an entity, and entities are born and change.

Questions

Frequently asked questions about this term

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Related terms

MDM (Master Data Management) · Golden record · Data steward