Glossary term
What is Reference Data Management?
Definition
Reference data management governs standard codes, classifications, units, and controlled vocabularies used across product and master data. Examples include UOMs, country codes, and currency codes. PIM systems maintain this reference layer to ensure consistency, compliance, and interoperability.
Reference data supplies controlled vocabularies shared by records and processes. For example, an autonomous product data operation could take supplier records using varied mounting-type labels, map recognized values to the approved mounting vocabulary, and route new labels for reference-data approval.
Reference Data Management in an autonomous operation
- Step 1:
Input
Supplier records using varied mounting-type labels
- Step 2:
Reference Data Management
Map recognized values to the approved mounting vocabulary
- Step 3:
Outcome
Route new labels for reference-data approval
Related terms
What is Product Classification Standards?
Standards like GS1, UNSPSC, ETIM, and Eclass provide universal structures for categorising products. Using standard classifications helps improve...
What is Product Master Data?
Product master data represents the core authoritative dataset for every product, including identifiers, variants, units, and specifications. It...
What is Low-Code Taxonomy?
A taxonomy system that allows business teams to create, modify, and deploy category structures with minimal IT support. Speeds up updates to product...
What is Customer Master Data?
Customer master data includes the core information about customers, such as names, segments, regions, and account data. While often managed in MDM...
What is Master Data?
Master data represents the core business information that defines products, customers, suppliers, and other key entities. In PIM, it forms the single...
What is Master Data Management (MDM)?
Master Data Management is the discipline of governing and synchronising an organisation’s critical data entities. It ensures accuracy, consistency...