Master Data - Master Data and Master Reference Data

Master Data and Master Reference Data

Master data is also called Master reference data. This is to avoid confusion with the usage of the term Master data for original data, like an original recording (see also: Master Tape). Master data is nothing but unique data, i.e., there are no duplicate values.

Material Master Data is a specific data set holding structured information about spare parts, raw materials and products within Enterprise Resource Planning (ERP) software. The data is held centrally and used across organisations.

Vendor Master refers to the centralised location of information pertinent to the Vendor. Often this will include the Legal entity name, Tax identification and contact information.

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Famous quotes containing the words master, data and/or reference:

    If the master is easy, the servant will be slack.
    Chinese proverb.

    Mental health data from the 1950’s on middle-aged women showed them to be a particularly distressed group, vulnerable to depression and feelings of uselessness. This isn’t surprising. If society tells you that your main role is to be attractive to men and you are getting crow’s feet, and to be a mother to children and yours are leaving home, no wonder you are distressed.
    Grace Baruch (20th century)

    Indiana was really, I suppose, a Democratic State. It has always been put down in the book as a state that might be carried by a close and careful and perfect organization and a great deal of—[from audience: “soap”Ma reference to purchased votes, the word being followed by laughter].
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    Chester A. Arthur (1829–1886)