In North America alone, the consumer packaged goods (CPG) industry is valued at $2 trillion. Though packaged goods have typically been sold at brick-and-mortar locations, customer expectations have spurred companies to reach out to consumers across digital channels. In addition, manufacturing and supply chain processes have become data intensive.
CPG enterprises have to keep up with consumer spending trends, new technologies and channels (e.g., Amazon Echo and Dash), rising costs, price deflation and demand for sales growth.
For wholesale and distribution, as well as food and beverage enterprises, master data management (MDM) creates data transparency and a connected view of data across the business so enterprises can stay ahead.
CPG companies can leverage MDM as a centralized source of truth that integrates and consolidates data while ensuring accuracy through governance rules and processes. Ultimately, enterprises can achieve true digital transformation that propels traditional companies into the digital era.
Improve all stages of product development from ideation to commercialization.
Maintain data in a fully traceable manner before publishing it to consumer-facing channels.
Stibo Systems' MDM solution improves managing your complete product lifecycle from concept to physical goods creation and placing your products on shelves quicker than your competitors. With Stibo Systems' MDM solution, you can:
Streamline processes to improve and simplify compliance for millions of products.
Stibo Systems is the only solution provider that supports multiple data domains on a single technology platform combining customer, supplier, location data and more. The result is a complete data view for better compliance.
With Stibo Systems' MDM solution, you can:
Track products throughout their lifecycle and improve traceability with a single view.
With a single view of your product, supplier and distributor information, you can track products throughout their lifecycle, acquiring new product information from suppliers and delivering it quickly and accurately to various systems.
Enhanced supply chain transparency allows you to:
Exchange information faster with suppliers, vendors and value chain partners.
Stibo Systems' MDM solution helps you address global market needs faster to improve profitability and performance. With one version of the truth for all of your data, you can synchronize internal and external systems to streamline processes and accelerate effectiveness.
Leverage MDM to: