Sunday, May 26, 2013

What domains are people managing with MDM? | LinkedIn Group: Multi-Domain MDM

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My comment

There are three main domains to be considered for Master Data Management: Party, Location and Thing.

Party is any natural person or legal entity that is relevant for your business. Depending on your industry, you may also want to consider Household as a sub-domain of Party. A party can take multiple roles e.g. be a customer and/or a supplier and/or an employee and/or a subcontractor.

Location is a physical or virtual place that is relevant for your business. Traditional examples are Postal Address, Phone Number. With the raise of social media / alternative ways of communication, you may want to consider e.g. Twitter Handle, LinkedIn Account, Skype Id as (virtual) locations.

Thing is any tangible or non-tangible object that is relevant for your business. As opposed to Party and Location, the range of sub-domains for Thing will vary from industry to industry. Typical examples are Product, Service, Material, Item, Part, Store, Machine, Tool.