How can Vendor Master Data be classified?

Vendor Master Data can be classified into three primary categories: General Data, Company Code Data, and Purchasing Organization Data.

General Data includes information that is consistent across all company codes and purchasing organization data, such as vendor name, address, and contact information. This data serves as a foundational layer applicable to all transactions relating to the vendor, ensuring that basic details are uniform throughout the organization.

Company Code Data pertains specifically to the financial aspects of the vendor relationship. This includes variables unique to a particular company code, such as payment terms, banking details, and transactional information relevant to accounting and financial compliance.

Purchasing Organization Data focuses on details necessary for procurement processes specific to a purchasing organization. This includes conditions and terms of purchase, as well as vendor-specific pricing agreements and relevant procurement information.

This classification is essential for maintaining structured and consistent vendor data, which is crucial for operational efficiency and data integrity in business processes. The other classifications presented do not adequately capture the multidimensional nature of vendor data and its relevance across different contexts within an organization.