FIELD OF INVENTION
The present invention generally relates to improvements in enabling enterprises to manage their master data in an IT (Information Technology) system to engage external domain consultants and take their managing master data, enterprise data across IT systems.
BACKGROUND
Due to rapidly changing technology trends, every product in every industry keeps updated very frequently, mostly in days. Every enterprise has to constantly update its master data pertaining to their product's bill of materials, vendors, assets, spares etc. The master data updation and approval business process should be optimized to meet the short turnaround time demanded by todays' market conditions. Critical Inputs from Domain Experts who are external to the enterprise has to be incorporated into the master data management business process itself.
Master Data Management Software tools also have been evolving rapidly to meet these evolving business requirements..
Like in US7660782B2 where Master data management and information exchange (MIX) architecture includes a technology agnostic framework that unifies sharing and management of master data across repositories, data formats and applications in an enterprise. The MIX architecture comprises at least one master data store which stores and updates master data for said enterprise; a management parameter store which assists in providing technology agnostic architecture for an adaptive extensible framework for unified master data; and, a unified interface for enabling master data discovery, sharing and use across the enterprise, wherein the unified interface comprises management interface, inbound interface and outbound interface. The MIX architecture might additionally include a data integration component, data quality component, and an abstraction layer. The present architecture enables extended MDM enterprise deployment and can be implemented as a stand alone solution or as an MDM veneer over existing applications without affecting overall system behaviour and is technology independent.

In US8458148B2 an improved data governance solutions to enterprise-level master data storage hubs are provided by implementing data governance functionality across the operational systems, analytical systems, and master data hubs of an enterprise. Data governance functionality is provided across the systems and hubs of an enterprise by providing visibility into the operational data, analytical data, and master data of an enterprise, by providing visibility into the data quality measuring processes that have been executed on the operational and analytical data, and by providing functionality for correcting fragmented, inconsistent, and erroneous information within operational and analytical data.
In US20120198036A1, cloud based service architecture is used in providing Master Data Management (MDM) services to clients. The MDM cloud based architecture comprises a cliënt architecture and a server architecture. The cliënt architecture includes synchronization services that are used to interact with the MDM cloud based service. The server architecture comprises a public Application Programming Interface (API) and a portal for accessing different MDM functionality. For example, a cliënt may access the server architecture to create/modify MDM workflows that are hosted by the cloud based service. The cloud based service architecture also provides access to different MDM services including MDM workflows, validation, transformation, and storage relating to master data. The cloud based architecture may be used to publish master data and/or subscribe to master data.
In spite of these efforts to provide useful master data management software, master data in an enterprise gets outdated often. It also gets duplicated making it difficult to create Consolidated views of business performance across the enterprise. Inefficiencies in Master Data Management Business Process due to inability to take quick decisions by intermediate level and operational level business managers is a key issue. These delays are caused mostly due to insufficiënt information to make right and rapid decisions.

It is therefore desirable to provide a single, complete data governance solution for an enterprise. It is further desirable that the data governance solution allow consistent data governance functionality across all systems and hubs of an enterprise, thereby allowing viewing data flows, and identifying and correcting data quality issues across all systems and overcome the problems identified in above prior arts.
Ability to harness the expertise of external consultants and domain experts in deciding the right data values for materials, assets and spares is mission critical for successful master data management. The effectiveness and turnaround time of the Master Data Management tooi will be improved if the tooi implementation Process Automation for stages which involve manual intervention.
DETAILED DESCRIPTION OF THE DRAWINGS
Fig 1 illustrates the overall architecture of the present invention.
Fig 2 illustrates
Fig 3 to Fig 8 illustrates
DETAILED DESCRIPTION OF THE PRESENT INVENTION
The present invention is related to the field of Applications / Tools used for Maintenance, Repair and Operations in the manufacturing and process industry, upstream and an ideal tooi cataloguing procedure.
The tooi gives you a method to develop an accurate catalogue on materials by building consistent part descriptions and built-in capabilities for description standardization.
The tooi provides a method to update and maintain an enteprise's catalog dataset accurately within short turnaround time by providing a collaboration platform which enables the enterprise to leverage the services of external domain experts who can search and lookup an optimised and constantly updated industry Standard catalogue, and provide the right master data code for a material, asset, service or spare.

It has an internal Material Standard Catalogue (MATPEDIA) dictionary for more ready¬made product descriptions and formats. And this present invention brings with it the much needed catalogue content management functionalities to ensure the quality of product data and ease of use at which it is made available to clients.
In Fig 1, one of the embodiment of the present invention is a management tooi that it may be a software platform installed in an enterprise and is capable of being installed in Mobile/Tab compatibility tooi, can be viewed on mobile/tab and has feasibility in tracking and maintenance of all master data in a single window.
It is another aspect of the present invention that the management tooi is compatible in Robotic Process Automation and has capability to automate certain processes (Quality Check, QA, etc.)
Example: monitoring management process or an Assignment progress of a team a robust data stewardship with intelligent analytics under one hood and system can generate unlimited reports based on the user requirements. Data governance and rules can be set to each and every category of material/services of an enterprise is another embodiment of the present invention.
In an embodiment the management tooi can be capable of handling the following such Material Master functions:
1. Huge transfer of higher volume MRO Data repository, 8+ million records but not limited.
2. Updating and Expansion of data parameters globally -
(If we update any standards/units/values for a particular group of material, then the change will be updated in all the number of materials in that group)
3. Cleanse and Standardize data using PRESENT INVENTION MANAGEMENT TOOL , Clarify, Define your catalogue standards with the help of UNSPSC and ISO 14225 or GSlstandards
4. Auto Cleansing and standardization
5. Mass Maintenance of data and can be used to update any transaction in SAP

6. Increase efficiency and quality, by single version of material master data
7. Effective compliance, by documenting changes along the material lifecycle
8. Improve ROI on existing IT investments, by reusing existing processing logic
9. Decrease TCO by eliminating redundant maintenance efforts and duplicate entries
10. 2 Million Material data in our repository
In other aspect, Instead of creating new material master, the records can be easily retrieved from the repository added in the management tooi of the present invention as a MDM tooi which has all the required modules essential for any organization / industry. Below list of models are available to server end to end solution. All modules have a one to one mapping to SAP and Oracle ERP System.
a. Material Master
b. Service Master
c. Vendor Master
d. Customer Master
e. Asset Master
BOM - Bill of material Example 2: Bidirectional
Here, the request is initiated in the ERP system from cliënt end. After the necessary governance process and conditional approval, the data is pushed to the in-staging table. The present invention management tooi process the master data and places the final golden record in the out-staging table. The data is consumed by SAP PI and pulled in to ERP system for further processing.
In other aspect the present invention is further characterized such that integration of material data is streamlined by SAP Process Integration (Middle Ware Integration) done by ABAP and For Oracle Process Integration (Middle Ware Integration) done by Java 2 and Enterprise Edition. Thus the process of transformation of material from cliënt end or enterprise end is interchangeably connected.
Example 3: Bulk upload it is another aspect of the present invention management tooi that after the necessary governance, enrichment and approvals, data can be downloaded as

excel file with respective ERP columns. Finally the data from management tooi is coupled with ERP System. The present invention is capable of handling codification and standardizing of unstructured data using Standard templates thereby preventing duplicates in any process of operation.
Thus the present invention achieves to give an element of accurate catalogue on materials by building consistent part descriptions and built-in capabilities for description standardization. And these systems provides a ready-made format and it further provides a solution that can give data management with improved data governance solutions to an enterprise-level material data processing with ease of use at which it is made available to clients.
The foregoing description addresses embodiments encompassing the principles of the present invention. The embodiments may be changed, modified and/or implemented using various types of arrangements. Those skilled in the art will readily recognize various modifications and changes that may be made to the invention without strictly following the exemplary embodiments and applications illustrated and described herein, and without departing from the scope of the invention, which is set forth in the following claims.

We Claim,
1. A system for managing material data management for an enterprise consisting of
-a main operating application at cliënt end for operating material data description and material data standardization,
-material data master module
-service material master module
-vendor master module
-customer/end cliënt module
-asset data module
- bill of material (BOM) module
Wherein each module is interconnectably connected to operating application at cliënt end and each module is having at least a requester, cataloger, reviewer, releaser means for processing material data and -an interface means is connected between operating application and Enterprise Resource plan system
Wherein each module would sent a data request containing a short text which describes a material, service, vendor or asset that has to be matched with the nearest equilvalent material, service, vendor or asset data which is stored in a curated data base, based on industry standards such as UNSPSC. When the Client operating application receives the request, it would use its data-mining and search algorithms to rightly identify and matching data element and return the matched data element to the requester. The Client Operating Application will also execute a fraud detection algorithm which identifies whether the short text in the requested data is a malicious attempt to create a new code just to circumvent the master data management module.

2. The system as claimed in claiml, the operating application connecting said module is provisioned on cloud for each cliënt of a network
3. The system as claimed in claiml, wherein the interfacing means are SAP
4. The system as claimed in claiml, wherein the interfacing means are ORACLE
5. The system as claimed in claiml, wherein connection between the user operating application ad ERP system is bidirectional.
6. A method for managing material data of an enterprise comprising the steps of -interconnecting the plurality of modules by means of a processing application namely, -a) material data master module
-b) service material master module -c) vendor master module -d) customer/end cliënt module -e) asset data module
- f) bill of material (BOM) module
-making a sub processing application medium means for cliënt operating application
- enriching the data stored in the modules
-storing the enriched data in the modules
-sending approved data signal to the ERP system through sub processing application
Wherein integrating the results of individual module is processed by the operating application and fetched by the sub processing application thereby operating application

enables the user to deliver a signal from sub processing application to send the results of material data to transfer to the ERP system through interfacing means.
The Method as claimed in claim 1, the cliënt operating application can be used to enrich and update codes of Material, Service, Vendor and Asset through a single interface mechanism.
The Method as claimed in claim 1, wherein the cliënt operating application enables the cliënt enterprise to leverage the domain expertise of external specialists to ensure the consistency and efficiency of their Master Data Management system and also auditing and governance of their Master Data Management System.c
The Method as claimed in claim 1, wherein the cliënt operating application leverages machine learning and AI based algorithms to reduce the effort of the intervention of external specialists and limit the expert intervention to only exceptional and non-typical cases by providing automated responses to Standard scenarios
7. The method as claimed in claim 1, the sub processing application is operable unidirectional to operating application.
8. The method as claimed in claim 1, wherein the interfacing means between operating application and ERP system processing is middle ware integration process by SAP or Oracle.

Abstract
The present invention achieves to give an element of accurate catalogue on matcrials by building consistent part descriptioiis and buiJï-in capabihties for descnption standardization. And these systems provides a rcady-made format and it furthcr pro vides a solutïon that can give data management with improved data governance solutions to an enterprise-leveI material data processing with ease of use at whEch it is made available to clients, Therefore, enabling enterprises to manage cheir master data in an IT {Information Technology] systcm to engage extemal domain consultants and taketheir ma naging master data, enterprise data across IT systems.