Master Data

Master Data

Data that is created centrally and it is valid for all applications. It remains constant over the time but we need to update it on regular basis.

Material Master Data

The material master contains information of all the materials that a company procures, produces, stores and sells. It is the company’s central source for retrieving material-specific data.

The integration of all material data in a single database object eliminates redundant data storage. The data contained in the material master is required, for example, for the following functions:

^§    In purchasing for ordering

^§    In inventory management for goods movement postings and physical inventory

^§    In invoice verification for posting invoices

^§    In sales and distribution for sales order processing

^§    In production planning and control for material requirements planning, scheduling, and work scheduling

The following figures display the structure of the material master records.

·         Basic data

·         Classification

·         Purchasing

·         Purchasing order text

·         Sales

·         Sales text

·         MRP

·         Work Scheduling

·         General Plant Data / Storage

·         Warehouse Management

·         Quality Management

·         Accounting

·         Costing

·         Plant Stock

·                     Storage Location Stock

It is a Master file which contains information of a particular material, depending upon the views selected from the user departments.