Master Data Management KPIs & Metrics: Examples ➤

Unlocking the power of master data management: KPIs & metrics to measure successOne of the most frequently asked questions related to master data management implementations is, how to track the performance of the master data management program. Therefore, this blog post discusses:What is a KPI?Why is it important to track master data management KPIs?What are examples of master data management KPIs?What is a KPI?KPI stands for Key Performance Indicator. It is a measurable value that demonstrates how effectively an organization is achieving key business objectives. KPIs are specific, quantifiable and time-bound indicators that are used to track and measure the performance of an organization, a department, a project or an individual.KPIs are usually chosen to align with the organization's overall goals and objectives and they can vary depending on the industry, the type of business and the specific goals of the organization.Examples of KPIs include:Sales: Revenue, gross margin, sales grow...