Master data management promises an efficient, definitive way to address the demands of the forthcoming ISO IDMP standards for product information recording. What is involved in practice though, and how can companies ensure the investment pays off? AMPLEXOR International’s Sonia Monahan explains more…
Mastering IDMP
As the life sciences industry appears to have grasped, ISO IDMP compliance is more than just another regulatory hurdle to straddle. It also promotes the kind of structure and discipline needed if organisations want to break new ground and take their businesses forward. It is an essential facilitator for digital transformation and for exploiting new technologies such as artificial intelligence. All the surrounding ambitions begin with data, and with assumptions about its quality, completeness and reliability as an accurate record of operations.