What characterizes a Global ID in MDM?

What characterizes a Global ID in MDM?

• A. It is assigned by the data user
• B. It is a unique identifier maintained by the MDM solution
• C. It is a temporary identifier for transactions
• D. It is sourced from external databases

Answer: (B)

A Global ID in Master Data Management (MDM) is defined as a unique identifier that is maintained by the MDM solution. This identifier is crucial for the purpose of ensuring that each master record across the system is distinct and easily referenced. The uniqueness of the Global ID helps in the consolidation and management of data from different sources, enabling organizations to have a clear understanding of their data entities and relationships. With a Global ID, data integration processes can be streamlined, allowing for effective data governance, quality control, and reporting. This identifier remains consistent across various systems and applications, enabling accurate tracking and management of master data entities, regardless of the sources from which the data is gathered. In contrast, the other options do not accurately represent the function of a Global ID in MDM. For instance, while data users might interact with data, they typically do not assign these identifiers. Temporary identifiers are used within workflows but do not serve the same fundamental purpose as a Global ID. Similarly, while some identifiers may be sourced from external databases, a Global ID specifically pertains to the unique identifiers created and maintained within the MDM system itself.

A Global ID in Master Data Management (MDM) is defined as a unique identifier that is maintained by the MDM solution. This identifier is crucial for the purpose of ensuring that each master record across the system is distinct and easily referenced. The uniqueness of the Global ID helps in the consolidation and management of data from different sources, enabling organizations to have a clear understanding of their data entities and relationships.

With a Global ID, data integration processes can be streamlined, allowing for effective data governance, quality control, and reporting. This identifier remains consistent across various systems and applications, enabling accurate tracking and management of master data entities, regardless of the sources from which the data is gathered.

In contrast, the other options do not accurately represent the function of a Global ID in MDM. For instance, while data users might interact with data, they typically do not assign these identifiers. Temporary identifiers are used within workflows but do not serve the same fundamental purpose as a Global ID. Similarly, while some identifiers may be sourced from external databases, a Global ID specifically pertains to the unique identifiers created and maintained within the MDM system itself.