What is typically included in Material Master Data?

Material Master Data serves as a fundamental component in material management processes, encompassing a wide range of critical information that supports various functions such as procurement, inventory management, and production planning. The correct answer highlights that Comprehensive details of materials are included in Material Master Data.

This comprehensive nature means that Material Master Data contains essential information like material descriptions, specifications, purchasing details, storage conditions, and much more. It allows organizations to manage materials effectively through their life cycle by providing accurate and uniform data across different systems and processes.

The other options focus on narrower aspects. While product pricing is important, it is just one part of the overall data. Supplier contact details, although relevant, do not encompass the full range of information needed for material management. Inventory locations and levels represent critical data, but again, it is only a subset of the broader comprehensive details necessary for managing materials holistically. This multifaceted approach ensures that all stakeholders have access to relevant information, facilitating operational efficiency and decision-making.