No business process can be executed successfully without referring to the master data. It is therefore a requirement to manage this master data effectively within an organization to make better decision making possible for improved business processes. SAP MDM is a module to be included with the SAP NetWeaver platform.

MDM is short for Master Data Management and SAP MDM serves to provide a unified access to master data by providing a single version in a landscape of heterogeneous applications. The repository is centralized so that it can be used and managed easily and effectively. One of the most prominent advantages of using this SAP product is to achieve data synchronization. You can now synchronize data across the entire network to ensure consistency, quality, and cost effectiveness.

It is possible to use SAP MDM to achieve global data management consistency that improves efficiency and provides more control. By using the system one may create and manage procurement catalogs to retrieve data quickly and as per demand. There might be cases when the data is not only inconsistent but also inaccurate because it comes from many different sources. SAP MDM is being considered the world over as one of the most useful enterprise technologies that would help to achieve regulatory compliance.