Stibo Systems PIM / Product MDM
by Stibo Systems A/S
Product MDM enables businesses to create a single source of truth for product data & content
In the rapidly moving digital business environment, accurate, timely data is critical to a product’s success. Stibo Systems Product Master Data Management (Product MDM) empowers manufacturers, brand owners, retailers and their value chain partners to push the boundaries of what can be achieved with high-quality product information and content. This enables them to build competitive advantage by launching the right products, at the right place, at the right time.
Stibo Systems Product MDM acts as a central repository for all product information, providing organizations a single version of the truth, along with the ability to share information and content in real-time to drive collaboration and confidence. Our seamless end-to-end solution empowers teams with speed and agility to enhance planning, improve operations and make better decisions that support transparent, customer-centric brand experiences.
Product MDM takes on complex, critical challenges
Managing product data involves thousands of attributes, hundreds of relationships and millions of records spread across disparate, often siloed systems. Spreadsheets are highly inefficient, and even the best content, ERP or traditional product information management (PIM) system can’t support fast-moving product data lifecycles. The ability to acquire, manage and share information across the enterprise, and with ecosystem partners and customers – while providing governance to maintain integrity – requires a more agile, strategic solution, ready to address complex challenges including:
- Inaccurate, untrusted, isolated and duplicated information
- Managing products with complex hierarchies and attributes
- Sharing data efficiently across organizations
- Adhering to regulatory compliance requirements
- Syndicating or onboarding product data and content across multiple channels
- Delivering supply chain and consumer data transparency
- Enhanced experiences - Leverage accurate, up-to-date information to fuel engaging customer experiences (CX)
- Speed time-to-market - Launch and onboard new products and services and manage bill-of-materials
- Data/brand transparency - Inspire loyalty and trust with trading partners and customers
- Drive revenue - Increase upsell and cross-sell, launch targeted promotions and reduce returns
- Reduce risk - Implement and ensure regulatory and industry compliance
- Inspire innovation - Fuel creativity, unique insights and superior decision making
- Enable transformation - Eliminate data silos and legacy processes to drive business value
- Improve collaboration - Remove barriers and strengthen relationships and trust
- Support global growth - Launch localized promotions and enable agile market expansion
- Identify, link and source data from a variety of internal and external sources
- Manage, model and govern via workflows and rules, and create a single source of truth
- Maintain and enrich data quality to drive engaging, profitable, transparent experiences
- Share, syndicate or onboard data to all stakeholders across multiple channels
- Integrate product data across touchpoints and synchronize with system of record
- Conform with industry standards for agility across systems and markets
- Maintain compliance and governance via clear audit trails and record histories