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Master data management involves identifying data sources, collecting and transforming data, detecting and correcting errors, consolidating and storing data, distributing and classifying data, creating item masters, mapping schemas, codifying products, enriching data, and governing data.

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Products[edit]

Processes commonly seen in master data management include source identification, data
collection, data transformation, normalization, rule administration, error detection and correction,
data consolidation, data storage, data distribution, data classification, taxonomy services, item
master creation, schema mapping, product codification, data enrichment and data governance.

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