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SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
Key elements of the solution include:
- Centralized creation and maintenance of master data – Companies can ensure governance at the point of authorship and avoid duplication, invalid edits, and non-compliance
- Automated workflows – Standardized and customizable, these automated workflows ensure the right people audit, approve, and manage the master data at the right time
- Compliance and audit support – Maintaining version control and change history improves transparency and helps ensure compliance
- Security and access – Role-based access and device specific setup helps to enforce security and yet, provide the right people with access.
SAP Master Data Governance also comes pre-built with the most common domains for SAP – Customer, Supplier, Material, Financials, Retail, and Technical assets. It also a rich set of domains that customers can implement such as country code, tax code, order type, bank code, currency code, department, channel, activity type, document type, etc.
With SAP Master Data Governance, companies can also implement and manage a federated master data (instead of a centralized one) where different teams own different domains. The central system manages the core while syndicating specific domains to other systems. This model provides flexibility to regional office or product units, while also ensuring central compliance and a single source of truth.
SAP Master Data Governance’s cloud edition goes further by providing a hub-and-spoke federation that can slowly help an organization migrate to a federated approach.
Overall, SAP’s MDM solution meets the goals of data strategy, a critical strength as companies’ data growth explodes.
102 results
Minimize Data Warehouse Disruption Post Mergers and Acquisitions with SAP NetWeaver 7.0’s Universal Data Connect and Master Data ManagementNov 15, 2007 — Once a merger or acquisition takes place, there are two disparate data warehouses to deal with — each with its own data and model, and potentially based on entirely different solutions. This article shows you how to use the Universal Data (UD) Connect interface provided with SAP NetWeaver 7.0 along with Master Data Management (MDM) […]
3 minute read
Summit Electric Supply Finds the Right ERP FitJan 1, 2011 — SAP S/4HANA offers enterprises tremendous potential to go beyond performance and simplicity and deliver significant business value as part of an enterprise-wide digital transformation, but this approach must be understood, considered and incorporated into
by SAP and Partners SAPinsider - 2006 (Volume 7), January (Issue 1)
by SAP and Partners SAPinsider - 2006 (Volume 7), January (Issue 1)
With Colgate-Palmolive increasingly sharing IT project resources around the world, they set out to improve the way they plan, monitor, and measure global IT resources and turned to an SAP application that enables companies to inventory and track resources, skills, and budgets. The result: improved project planning, management, and reporting as well as reduced IT support costs.
Even with its substantial environmental footprint, The Coca-Cola Company is leading the charge around creating more sustainable business processes. What lessons can the rest of us glean from this experience? Jeff Seabright, Coca-Cola’s VP of Environment and Water Resources, answers this question with seven pieces of advice.
When a South African retail chain, Pick n Pay, felt hindered by insufficient legacy systems, it decided to roll out a full ERP system. This profile highlights the company’s impressive IT modernization project — from building a solution around SAP for Retail to improving performance to learning important project management lessons.
Now managing 40 branded hotels, Stonebridge Companies was fortunate to experience growth — but it also faced challenges in managing that growth. Nasim Mansurov, Vice President of IT at Stonebridge, discusses the company’s search for an ERP system and the back-end process improvements it has seen post-implementation.
With more than 180,000 employees and even more data, Accenture faced a challenge: it needed to securely support its employees with accurate, real-time information. Uncover how the company’s ERP Delivery team met this challenge by building a suite of self-service web applications — and what they learned along the way.
ConAgra Foods made the decision to start consolidating its technology years ago — and today its R&D, financial, order management, IT services, data center, and supply chain management operations all run in the same SAP system landscape. So what benefits is ConAgra Foods reaping by moving to a “single version of the truth?” Find out in this deep-dive case study.
Upgrading to SAP ERP 6.0 was a non-event for Bristol-Myers Squibb, chiefly because of the help it received from SAP Enterprise Support. With insights from Michael DiNovi, the biopharmaceutical company’s Director of Application Services, this profile highlights the biggest benefits the company gained from its support agreement, including better risk management, streamlined IT processes, and greater spend visibility.
For years, electrical products distributor Summit Electric Supply watched its transaction volumes rise and experienced unhindered growth; but in 2004, the company’s aging legacy system began to show signs of stress. This customer profile relates Summit’s journey of evaluating and implementing an ERP system — and the ensuing benefits and the big lesson learned after going live with SAP ERP.
11 minute read
What you need to know about SAP ERP and APO data transfer using CIF: Q&A with SCM 2014 speaker Claudio GonzalezMar 1, 2014 — Thank you everyone who joined us for our Q&A with SCM 2014 speaker Claudio Gonzalez of SCM Connections. Claudio answered reader questions on troubleshooting SAP ERP and APO data transfer with the CIF (core interface). Questions for Claudio included: If we CIF subcontracting SNP PDS, will it create any transportation lanes in APO? When should we use inbound queues […]
29 minute read
Role of Data Quality in Supply Chain Digital TransformationOct 28, 2021 — Quality Data Lays the Foundation As supply chains become increasingly complex, so does the associated data landscape. Millions of data points must be managed in modern supply chains today due to the wide gamut of systems used. From Enterprise resource planning (ERP) systems that manage an organization’s basic processes to customer relationship process (CRM) systems […]
7 minute read
Data Integrity and Transformation Go Hand in HandNov 18, 2021 — Technological innovation enables digital transformation. In his Enterprise Data and Analytics report, SAPinsider’s Kumar Singh explains that the commoditization of technology continuously lowers barriers to entry across industries, enabling smaller, nimble, and agile companies to disrupt larger and more established businesses. The report surveyed 291 members of the SAPinsider community.
The purpose of the survey was to understand key aspects that are driving the focus on data and analytics, which data and analytics requirements respondents are looking at, which specific capabilities they plan to build, and how they plan to build those capabilities.
“New business models, products, and services are being launched on a daily basis by new entrants, forcing incumbent organizations to look for new ways to create competitive advantages and differentiators. Data and analytics have become prominent tools among many that organizations plan to leverage to manage the new realities better,” Singh says.
To learn more about how this topic is being addressed and explored by SAP partners, SAPinsider sat down with Prospecta CEO and co-founder Ranjan Bakshi to discuss all things data and how the company’s mission is to empower enterprises to take control of their data.
Two decades spent growing Prospecta, and SAP practice expertise from his time at KPMG, have led Bakshi to a wealth of insights into enterprise data, data health, and data culture.
Read this article and learn:
• How data quality plays a critical role at the beginning of an organizational transformation.
• Why, as digitization becomes ever-more important today, senior executives must embrace the responsibility of embedding a data culture and committing to that requirement.
• Why companies need to start building KPIs around data throughout their enterprise, such as accuracy of data, meeting industry standards, reduction in number of data issues, and level of data preparedness during transformational projects.
• How solutions like Data Intelligence Workbench (DIW) are centered around users taking more responsibility on data and making it easier where understanding the technological intricacies is not required.
6 minute read
Master Data Governance: An OverviewAug 7, 2024 — In today’s data-driven world, organizations are increasingly aware of the importance of managing and controlling their data assets to drive growth, efficiency, and competitiveness. This is where Master Data Governance (MDG) comes into play. This comprehensive guide will explore the concept of MDG, its significance for businesses, and how it can be effectively implemented to ensure data quality and transparency.
5 minute read
Save Time Setting Up SAP Solution Manager After Installation Using Guided ProceduresJun 17, 2010 — ManagerSAP Solution Manager 7.0 with SAP enhancement package 1 provides a guided procedure to help you set up your SAP Solution Manager system and connect to the satellite systems in minutes after it is installed. Key Concept SOLMAN_SETUP is a transaction that allows you to make initial and basic configurations of SAP Solution Manager in […]
9 minute read
Prevent Users from Accessing Sensitive Data Using Authorization RestrictionsSep 1, 2005 — Securing information within an SAP BW system is necessary, but it can be difficult because of the massive volumes of sensitive data that are stored in the system. Learn how to develop authorization restrictions for InfoObjects via transaction RSSM so end users can access only relevant data. Key Concept SAP BW has two types of authorization […]
11 minute read
Going Under the Knife: How Johns Hopkins University Transformed Training from Classroom Lectures to a Hands-On ExperienceFeb 25, 2011 — ManagementJohns Hopkins University and Heath System runs a complex SAP environment that includes financial, supply chain, and HR solutions and more than 10,000 users. Learn how the training demand for those users led Johns Hopkins to move from its original demo-only class structure to build a standalone training client in which students can get hands-on […]
15 minute read
Attain Faster Stabilization with SAP S/4HANA Production Execution ImplementationMay 2, 2022 — One of the most common reasons why SAP S/4HANA implementations take more time for stabilization is attributed to designs focused on technical aspects without consideration of after go-live data maintenance, people, and processes.
Such process- and people-related modifications that could be of value in Production Planning and Execution are summarized in this article by KPMG's Janev Veettil based on implementation by a medium-level engineering industry manufacturing company.
8 minute read
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