Who is responsible for assigning the industry sector in a material master record?

Get prepared with the Material and Vendor Master Data Test. Boost your knowledge with multiple choice questions. Enhance your understanding with hints and detailed explanations. Ace your exam effortlessly!

The assignment of the industry sector in a material master record falls under the responsibility of the Material Master Data Controller. This role is crucial because the industry sector plays a key part in defining how materials are managed within the organization. It influences various processes, including procurement, production, and sales, by determining the appropriate regulations, categories, and standards that apply to the material.

The Material Master Data Controller has specialized knowledge about how materials correspond to different industry sectors, ensuring that the data entered aligns with the organization's overall strategy and compliance requirements. This ensures that the materials are categorized correctly, enabling effective management and utilization throughout the supply chain.

Other roles, like the Procurement Officer, Financial Manager, or Inventory Supervisor, may interact with the material master data or utilize it for their specific functions, but they typically do not have the authority or responsibility to define the industry sector. This distinction underscores the specialized nature of the Material Master Data Controller's role in maintaining accurate and effective data that supports the entire organization.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy