Reducing Time to Market
Speed up your time to market (TTM) with the Stibo Systems Platform, designed to accelerate your product launches, improve your cross-departmental collaboration and help you swiftly respond to shifting market opportunities and conditions.2024-16-09
2024-01-10
You can achieve a faster time to market or time to shelf by reducing the time gap between product onboarding, supplier catalog onboarding and market introduction.
The Stibo Systems Platform simplifies data integration, getting you to your project management goals faster and more efficiently. This makes your product launches much easier and drastically improves your speed to market.
By reducing the need for time-consuming manual processes and costly reconciliation of faulty data, the Stibo Systems Platform accelerates product development cycles. Through intelligent workflows based on business events, it connects and coordinates internal and external actors, minimizing bottlenecks, errors and misalignment. This not only strengthens your competitive advantage but also reduces costs and enhances brand reputation by ensuring consistent reliable product information across all channels.
The benefits of using master data management to reduce time to market
Assortment management
Simplify data management and automate onboarding processes to quickly launch and update products, leading to improved customer satisfaction and maintaining your market share. This is especially valuable for private label products, allowing you to quickly adjust and introduce exclusive innovative products tailored to specific customer segments, which is known to drive both customer loyalty and profitability.
Product onboarding
Avoid costly new product and iteration delays by managing the approval process efficiently and ensuring your minimum viable product (MVP) reaches the market without unnecessary setbacks. Streamlined onboarding processes help all products – whether branded or private label – reach the market faster, allowing innovative solutions to meet evolving customer needs and maintain a competitive edge.
Reduce time to market with Stibo Systems
Consolidated data repository provides a single source of truth
MDM systems provide a centralized repository for all product information to give you complete access to your data for close management. This centralization ensures that all relevant departments – stakeholders, team members, etc. – have access to consistent, up-to-date product information.
A single source of truth improves collaboration across merchandise teams, development teams, marketing teams, operations and legal departments, allowing them all to make quicker, more informed decisions about product assortments. The Stibo Systems Platform offers flexible data models that help you implement effective data governance, making it easy to define and manage central, regional and local assortments. Plus, faster responses to market demands and opportunities give your company a significant competitive edge.
Strong data quality and governance allow for actionable insights
Stibo Systems Platform supports advanced analytics and reporting by providing clean, standardized and comprehensive data, ensuring all necessary data is available and accurate for external analytics and reporting tools to process.
These tools can then provide insights into product quality, market trends and customer feedback so you can optimize your assortments and make informed decisions.
This type of business agility enables your organization to remain relevant and competitive without missing critical market windows or delaying product launch dates.
Flexible product onboarding automation saves time
Stibo Systems Platform supports automated workflow management for product onboarding processes. It streamlines the collection, validation and approval of product data, reducing manual efforts and minimizing human errors.
Automated workflows encourage seamless prototyping and make sure that all necessary steps are systematically followed, accelerating the onboarding process and reducing the time required to bring new products to market.
Seamless integrations allow for data synchronization without disruption
The Stibo Systems Platform provides powerful integration capabilities with external systems including suppliers, data pools (such as GS1) and internal applications like ERP, ecommerce, CRM and digital channels.
This seamless integration gives you real-time master data synchronization of digital products across all channels and eliminates data silos, fostering efficient, ongoing collaboration with suppliers and quick, effective product launches.
Flexible data models built to evolve with you
The scalable data architecture behind the Stibo Systems Platform is designed to grow with your business, whether you run a startup or an established enterprise. Our system adapts to growing, complex data volumes and technological advancements without constant overhauls. Plus, you can easily modify your data models to adapt to changing business requirements.
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Brady Success Story
Manufacturer of ID and security solutions boosts product database productivity and catalog production while reducing time-to-market from a year to just days.
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Viking Raja Group Success Story
The business supplies and services provider slashed time-to-market and input errors by implementing an MDM solution.
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