Difference between Consolidation, Harmonization and Central master data man

[Former Member]

Hi ..Expertise

Consolidation is use to identify duplicate records and merge them into one record.

Harmonization is the process of pushing the new cleansed data back out to your partner systems.

Central master data management means you create records within MDM and then you distribute (Syndicate) this centrally created data to your Remote Systems.

My Question is her after Consolidation both Harmonization and Central master data management is doing the same thing i.e. sending the clean data to the other system. What is the difference between these two? Please explain me with an example or scenario..

[Former Member]

Hi Yugandhar,

The explaination you have given for the 3 business scenarios is exactly correct.

To answer your question:

1. Central master data management means creating/editing the record only in MDM. It involves both consolidation activties like matching, merging & harmonisation activties like syndicating the consolidated data to remote systems.

2. Generally after CMDM is implemented no records will be created in remote systems.

Regards,

Pramod.