Build your IS’s solid foundations
Information systems are increasingly copious, complex and diverse. Data arrives from ever more sources (e-commerce, stores, CRM, accounting/finance applications, ERP, production software, etc.) and it is often difficult to determine which data is the most reliable or up-to-date within the business. To solve this problem, which reduces business efficiency, one solution is to set up a single repository to store all IS data, i.e. to implement Master Data Management (MDM).
01points for attention
What does this single master data repository or MDM (Master Data Management) entail?
Once the importance of the quality of a business’ master data is realised (data about customers, suppliers, items sold, etc.), and the fact it is used by different applications is understood, creating a single master data repository makes complete sense.
MDM (Master Data Management) consists of:
Centralise the master data
for the business in one place
Manage the data lifecycle
(create, modify & delete)
Transport master data to and
from all relevant applications
02METHODS AND SOLUTIONS
Implement MDM to benefit from its single master business data repository
Implementing a single master data repository using an MDM (Master Data Management) system was previously limited to firms in certain industries that were required to implement quality controls and an audit trail on their data by law or regulation.
Nowadays, businesses of all sizes and in all sectors need to manage these same issues, but might not have the human and financial in-house resources needed to ensure the project’s success. Blueway can offer support and guidance in this area with its flexible, well-designed and, crucially, pragmatic solution. Implementation involves no programming whatsoever, everything is handled by configuration settings, and the single master data repository becomes your single truth point.
The Blueway master data repository is stored in a database of the customer’s choosing (MySQL, SQLServer, Oracle, PostgreSQL, DB2, etc.). It is used to centralise all the cross-functional elements in the information system.
How is data carried between the central master data repository and the applications?
This module in the Blueway platform is built on the Data Foundation solution’s data transport technical base. Using an ESB makes it possible to standardise all data exchanges between the various applications on the Blueway platform without needing to use interfaces running in all directions, some of which are certain to be redundant, making the information system architecture complicated and causing an “interface spaghetti” effect.