ISO 22745 is an international standard for defining and exchanging master data.
* ISO 22745:
* This standard specifies the requirements for the exchange of master data, particularly in industrial and manufacturing contexts.
* It includes guidelines for the structured exchange of information, ensuring that data can be shared and understood across different systems and organizations.
* Standards for Master Data:
* Standards like ISO 22745 help ensure consistency, interoperability, and data quality across different platforms and entities.
* They provide a common framework for defining and exchanging master data, facilitating smoother data integration and management processes.
* Other Options:
* ETL:Refers to the process of Extract, Transform, Load, used in data integration but not a standard for defining master data.
* Corporation-specific Methods:Many organizations may have their own methods, but standardized frameworks like ISO 22745 provide a common foundation.
* No Standards:While not all organizations use master data, standards do exist for those that do.