What type of data does material master data include?

Material master data is a crucial component within the GFEBS acquisition process, as it contains all the necessary information about materials that an organization uses in its operations, including both sales and purchase data. This type of data typically encompasses a range of attributes related to the materials, such as descriptions, units of measure, procurement types, and related financial data.

Sales and purchase data in the material master allows organizations to effectively manage inventory, track material availability, and determine the costs associated with purchasing these materials. This functionality is vital for ensuring that the organization can meet its operational needs, manage supply chains effectively, and conduct accurate financial planning.

In contrast, the other options—employee information, marketing strategies, and competitive analysis—do not directly pertain to material master data. Each of these categories serves different purposes within an organization and lies outside the realm of material management within the acquisition process. Therefore, sales and purchase data is the correct choice as it aligns directly with the core objectives of material master data management.