An extension is a ready-to-use package that you can use as a template to get started with the implementation of MDM SaaS. The package includes business entities, reference data, predefined pages, source systems, Cloud Data Integration, and Cloud Application Integration assets.
Location is a physical or virtual site managed by an organization or an individual to perform business operations or services. For example, a medical ward in a hospital where a practitioner performs a procedure, or a wing of a specific floor in an office where a network router is installed.
You can use Location 360 to master location data. Use Location 360 to track objects, other entities, and assets associated with specific locations.
For example, you can track and analyze the following data for a manufacturing location to make effective business decisions:
•Utilities in a manufacturing location, such as equipment and storage.
•Entities, such as customers and suppliers.
•Assets associated with a manufacturing location, such as real estate.
You can use the data to make effective decisions, such as effective marketing campaigns, improve sales opportunities, and recognize accurate revenue.