What is master data consolidation in SAP CA-MDG - Master Data Governance?

SAP Term: master data consolidation

• Component: CA-MDG

• Component Name: Master Data Governance

• Description: A scenario that allows you to collect master data from different data sources and fix inconsistent data in order to achieve a single representation of master data that comes from multiple sources. After consolidation, you establish a correlation between the master data on source and target systems using key mapping and value mapping.

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• Key Concepts: 
  Master data consolidation is a process used in SAP's CA-MDG Master Data Governance component to ensure that all master data is consistent and up-to-date across the entire system. It involves collecting, validating, and merging data from multiple sources into a single, unified master data set. This helps to ensure that all users have access to the same information and that the data is accurate and up-to-date.
  
  How to use it: 
  The master data consolidation process can be used to ensure that all master data is consistent across the system. This includes customer, vendor, material, and financial master data. The process involves collecting data from multiple sources, validating it for accuracy, and then merging it into a single master data set. This helps to ensure that all users have access to the same information and that the data is accurate and up-to-date.
  
  Tips & Tricks: 
  When consolidating master data, it is important to ensure that all sources of data are included in the process. This includes both internal and external sources of information. Additionally, it is important to validate the accuracy of the data before merging it into a single master data set. This helps to ensure that all users have access to the same information and that the data is accurate and up-to-date.
  
  Related Information: 
  For more information on SAP's CA-MDG Master Data Governance component, please visit SAP's website at https://www.sap.com/products/master-data-governance.html. Additionally, there are many resources available online that provide more detailed information on master data consolidation processes and best practices.