Valid and Structured Product Master Data
Acquire, maintain, and share product master data across your organization. This creates a common source for product data, ensures data integrity, and enables efficient data management. All of these benefits are not only for your organization but also for your customers and suppliers.
Master Your Product DataImplementing a Product Master Data Management system helps companies and organizations maintain high-quality product information, improves operational efficiency, streamlines product launches, enhances user experience, and drives growth.
Allows organizations to leverage the full potential of product information with structured and updated data.
By utilizing structured product data, greener initiatives can be undertaken, reported, and documented.
Achieve Significant Benefits
Automate and streamline the process of updating and maintaining product data.
Increased data quality provides a better and more reliable basis for decision-making.
Product data is consistent and updated across systems and channels.
Cloud-based solution that ensures unlimited potential, anywhere and anytime.
Build the Best Foundation for Successful Products
Release Internal Resources
A Product Master Data Management system allows the release of internal resources through a structured approach to product data. A centralized platform enhances collaboration across the organization, enabling employees to collaborate, share information, and access updated and valid product data. It promotes efficient communication, leading to faster decisions and improved productivity. By establishing a common source for product information, organizations can achieve several benefits:
- Automation of manual and time-consuming tasks like data entry, updates, and corrections.
- Attainment of uniform and consistent data quality by establishing standards for product information.
- Reduction of erroneous decisions and inaccuracies due to incomplete product information.
- Insight and in-depth analysis based on structured data.
Maximize Data Value
A Product Master Data Management system enables data consolidation and facilitates profitable growth through centralized product data. Organizations can utilize data more efficiently, improving decision-making processes, increasing productivity, and gaining a competitive edge through better utilization of product information. PMDM is crucial for optimizing data management, yielding multiple benefits:
- A common source for product information reduces the spread of misinformation across the organization.
- Improves decision-making processes based on updated and accurate product quality.
- Identifies market trends, understands customer needs, and identifies new business opportunities.
- Simplifies and streamlines administration, saving time and resources.
Drive Sustainable Growth
A Product Master Data Management system plays a critical role in organizations’ green transformation. The ability to drive sustainable growth happens through optimizing product data with a focus on environmental and social considerations. By integrating green initiatives into the process, organizations can strengthen their position as responsible actors and seize opportunities arising from the transition to a more sustainable future.
- Collection and structuring of crucial product information such as resource consumption, CO2 emissions, social responsibility, and safety.
- Make environmentally sound decisions based on valid data that minimizes negative environmental impact.
- Reduce footprint and contribute to the global agenda by managing and monitoring products throughout their entire lifecycle.
Automated loading of product data in standard formats from suppliers enables streamlined data import. This standard product data forms the foundation for refining interconnected processes. Additionally, data extraction for specific purposes can also be automated, such as integration with external systems, preparation for new offers, or data to support sustainable procurement.
- Automating data extraction to external systems facilitates seamless collaboration and information sharing with partners, customers, or other stakeholders.
- Product data forms the basis for improving and streamlining work processes. By having reliable and consistent data available, companies can identify areas for improvement and efficiency gains.
- Automated loading of product data from suppliers in standard formats saves time and resources by eliminating the need for manual entry and data conversion.