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.
Read more about this topic: Master Data
Famous quotes containing the words master, data and/or reference:
“My master is of churlish disposition,
And little recks to find the way to heaven
By doing deeds of hospitality.”
—William Shakespeare (15641616)
“Mental health data from the 1950s on middle-aged women showed them to be a particularly distressed group, vulnerable to depression and feelings of uselessness. This isnt surprising. If society tells you that your main role is to be attractive to men and you are getting crows feet, and to be a mother to children and yours are leaving home, no wonder you are distressed.”
—Grace Baruch (20th century)
“I think, for the rest of my life, I shall refrain from looking up things. It is the most ravenous time-snatcher I know. You pull one book from the shelf, which carries a hint or a reference that sends you posthaste to another book, and that to successive others. It is incredible, the number of books you hopefully open and disappointedly close, only to take down another with the same result.”
—Carolyn Wells (18621942)