Create an UNSPS List with help from Stibo
Need help applying UNSPSC standards to your business? Experts from Stibo will help and guide you with your UNSPSC projects.
The Data Challenge Facing Businesses Today with UNSPS Lists
Unfortunately, in most organizations today, master data is duplicated and scattered across multiple systems and applications. As it evolves independently, it becomes unsynchronized and error-prone, preventing decision makers from having a single, unified view of their data.
For instance, a retailer might classify a large “midnight navy” V-neck wool sweater vest in its ERP system as “MN Vneck LG 008.” But the same item might be stored as “MidnNavy 876 Wool V-neck Lg.” in its inventory control system. Adding to the confusion, the manufacturer supplying the retailer might have the item classified as “9987 VN swtr wl LG” in its supply chain management system.
This kind of disconnect has a tremendous impact on businesses performance in virtually every industry. It creates costly inefficiencies, faulty information and missed revenue opportunities — factors that lead to increased customer attrition, eroding margins, shrinking market share, poor regulatory compliance, increased business risk and longer time to market.
RECENT NEWS
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August 1, 2010What's New in STEP 5.2? Introducing STEP 5.2: An Upgrade for the Entire Team.Manage new product introduction and large volumes of data more efficiently. Plan and publish new opportunities more easily.
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July 23, 2010Würth Chooses Stibo Systems for Product Information ManagementWorld Market Leader Requires Standardized Master Data Management For Continued Growth, STEP Becomes the Data Hub
UPCOMING EVENTS
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Retail Technology Summit, LondonJoin us at this unique event exploring how the smarter use of technology in retail can help you build your business, maximise new channel opportunities, reduce operating costs, and more. -
The Retail Conference, America Square Conference Centre, LondonFor the third year running this event offers engaging content, delivered by retailers for retailers, enabling you to expand your knowledge and gain insight into what the rest of the market is up to. -
IDEA E-Biz Forum in Dallas, TexasCome learn how to eOptimize Your Business! -
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Bazaarvoice Social Commerce Summit, BFI IMAX, Waterloo LondonBazaarvoice helps all types of businesses capture, display, share, and analyze customer conversations online. The combination of technology and personalized services help brands build online communities that drive measureable business goals. -
Internet Retailing Conference, LondonInternet Retailing 2010 is for business people in retail. It is not a supplier, sales pitch-led conference. It is a senior-level event which last year attracted top level executives from pure play, multi-channel and bricks and mortar retailers, along with suppliers and analysts. With its in-depth case studies, thought leadership sessions and presentations by industry and retail experts, the conference is as relevant to CEOs as it is to Heads of Ecommerce, Marketing Managers and Logistics Managers. -
Ovum MDM Strategy Briefing, LondonJoin us at this unique event to hear from leading MDM analyst Madan Sheina on how you can create value through Master Data Management.
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