MASTER DATA GOVERNANCE OVERVIEW

Data Governance:

Data governance is a term used to monitor, standardize, Maintain sustained quality data without any violation in business rule

What is Master Data Governance?

SAP Master data governance is to centrally create, change, and distribute master data

Why we need to govern centrally create/change/distribute master data?

=> Professional from ERP background may know these terms

=> For the beginner, I hope you may aware MDM i.e., Master Data Management - It doesn't comes with these governing features, let we see difference between Master data Management vs. Master data Governance

SAP MASTER DATA MANAGEMENT (MDM) vs. MASTER DATA GOVERNANCE (MDG)

Reference Data

•   Data which is referred to International Standards or it was internally standardized by an    organization.
• · High usage and importance in data management., especially master data management

Examples: Measuring unit standards (Imperial/Metric or any standards)
                   Customized coded values to industry specific

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