This ignorance”is responsible for a high value destruction. Faulty and standardised master data and faulty master data are the inadequate or false, barely identifiable characteristics and values described are. Standardised master data often known as harmonized master data, are those that are constructed according to a uniform structure. sible fund. So quickly missing value forms can be and also missing features identify which order a duplicate checking is often possible. Standardised master data are a prerequisite for a smooth cross-company data exchange. [email protected] is to get such standardized material master data,”-an internationally recognized standard used. It requires that master data base for transaction data and Business processes are, then, the relevance of which consistent master data, through all functional areas such as materials, suppliers, customers, or accounting, is clear. Business strategist often addresses the matter in his writings. Faulty master data, that could be cleaned up with a little effort, create high (preventable) costs.
Cascade transmitted mistakes by business process business process and strengthen. This negative leverage effects arise because the essential business processes in the sense of an input-output model are connected to each other. It is to draw the attention of those responsible on this fact and, to counteract this value-destructive lever effect by providing the methods and instruments for improving master data. Impact on many levels surveys show the number of orders for materials by about 25 per cent can be reduced to the for master data harmonization (with same part number), because among other aggregate measures. As the number of orders for materials the number of processes determined, the relevance of a master data harmonisation is obvious.
These processes are goods receipt, invoice, invoice verification and invoice observed. As well, the standardized material master data positively influence development processes by can be ensured already existing parts not be redeveloped. The preventable maintenance of master data is also taken into account. Typical differences between corporations and SMEs the example the harmonisation of material master shows how big is the differences of enterprises in dealing with master data: currently seems to be prevalent groups bringing together various ERP systems on a group-wide unified system.