The term “contextual Master Data Management” has been floating around in a couple of years. We can see contextual MDM as smaller pieces of MDM with a given flavour as for example focussing on sub/overlapping disciplines as:
- Product Information Management (PIM)
- Product Experience Management (PXM)
- Product Data Syndication (PDS)
- Data Quality Management (DQM)
- Customer Data Platform (CDP)
The focus can also be at:
- A given locality
- A given master data domain as customer, supplier, employee, other/all party, product (beyond PIM), location or asset
- A given business unit
You must eat an elephant one bite at a time. Therefore, contextual MDM makes a good concept for getting achievable wins.
However, in an organization with high level of data management maturity the range of contextual MDM use cases, and the solutions for them, will be encompassed by a common enterprise-wide, global, multidomain MDM framework – either as one solution or a well-orchestrated set of solutions.
One example with dependencies is when working with personalization as part of Product Experience Management (PXM). Here you need customer personas. The elephant in the room, so to speak, is that you have to get the actual personas from Customer MDM and/or the Customer Data Platform (CDP).
The list of solutions on this site covers both one-stop-shopping options for all contextual MDM use cases and specialised solutions for a given contextual MDM use case. Check the growing list here.