Which type of information is included in material master data?

Material master data is a comprehensive set of information that is essential for managing materials within an organization. This data plays a vital role in various business processes related to procurement, production, inventory management, and sales.

When it comes to the specific types of information contained in material master data, it includes:

• Pricing information: This refers to the cost associated with purchasing materials, which is crucial for determining budget and expense management.

• Supplier details: Information about suppliers is critical for identifying who provides the materials, assessing vendor relationships, and managing supply chain logistics.

• Stock availability: This indicates the quantity of materials currently on hand, facilitating inventory control and helping prevent stockouts or overstock situations.

Since material master data encompasses all of these elements, it is accurate to say that it includes pricing information, supplier details, and stock availability, leading to the correct identification of "all of the above" as the comprehensive choice. This holistic approach to managing material-related information allows for efficient operations across various departments in an organization.