Master Data Management Built For

Life Sciences

Build better business controls around your customer, product and financial reference data; accelerate digital transformation and bolster regulatory compliance with MDM for life sciences.

Know more about Multidomain MDM

Master data management (MDM) turns unruly data
into actionable insight.

Which products and services are most profitable? How can I identify new business opportunities from my existing customer data?

What additional services can I provide to patients and their healthcare providers?

Without consistent access to reliable and transparent data, answering these questions is difficult, if not impossible.

Management of master data is your best chance of finding answers that deliver new business value for you and garner trust from your customers, ultimately improving patient healthcare.

Stibo Systems' MDM solutions for life sciences help you to integrate information from multiple systems, enrich enterprise data and establish the necessary governance that makes your decision-making data-driven and actionable.

A single system to manage product data improves ecommerce and communication across the organization

With the product information management solution from Stibo Systems (Product MDM), Halyard Health has achieved:

Quicker time-to-market
Improved traceability
Secure information sharing with customers and stakeholders
A single step approval process
Enhanced data quality through data governance processes

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Leverage master data management to drive insight, make better decisions and improve business agility.

Medical Device Manufacturing The Eight Business Benefits of Transparent Product Information Understand the eight ways in which a unified product information management solution can help your medical device manufacturing business. Get the Brief

The Seven Business Benefits of Transparent Product Information The pharmaceutical industry is becoming more digitally enabled and data intensive. Building a digital supply chain requires harvesting the raw materials that constitute it: Data. Get the Brief

Countdown to UDI Compliance Learn how you as a medical device manufacturer can comply with these regulations through MDM. Get the Infographic

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Transparent data creates new ways to deliver patient care

Technology is allowing enhanced value-based relationships between manufacturers, healthcare payers, providers and patients.

Patient care is moving from a uniquely product-centric industry towards incorporating solution-oriented services. Advances in technology and the ability to collect, manage and analyze more data through sensors and devices, has allowed new types of business models to become part of the healthcare industry revolution.

Product-as-a-service is one of these models. Products are wrapped up as compounded solutions and services to give patients access to round-the-clock monitoring while hospitals free up resources for their outpatient services.

Value-based contracting is another business model that allows providers to pay according to the manufacturer’s product performance and usage metrics.

Such services are heavily reliant on transparent data.

Having data that is accurate, safe, secure, comprehensive and compliant means cost savings and increased revenue for manufacturers and better healthcare for patients and their providers.

Product, supplier, customer, HCP, HCO, … can you really trust your data?

From compliance to identification of new business opportunities, making data transparent means delivering better business outcomes.

In a data-driven organization, you can confidently make decisions based on the data you use daily. This is because the data is trusted.

You know where it came from
You know who has responsibility for it
You plan to use it for the purpose it was intended
You can share it with others knowing that they also will respect the policy that governs the data

The journey to becoming a data-driven organization starts with master data management.

Businesses, their regulators and their partners, make decisions based on the mission-critical data that describes customers, products and suppliers. Master data management ensures that your mission-critical data is fit for purpose and ready to be an active part of your business’ competitive advantage.

Do you understand your HCO/HCP data?

How data-driven are you when it comes to your healthcare organization and healthcare professional (HCO/HCP) customer and supplier data? Do you have the right processes in place to give you actionable insight? Take this quick online test and get recommendations on how to become more data-driven.

Make it easier for your customers to purchase your products

Adoption of product identification standards such as GS1 and IDMP helps increase transparency and efficiency in the digital supply chain.

Making sure you have accurate information about your products is not enough. You need data transparency to make sure that it was curated, enriched and distributed in a way that is controlled, auditable, secure and ethical.

Master data management delivers transparent data according to global standards including GS1 and IDMP.

With reliable, normalized information, you can provide your customers with the trusted data needed for automated e-purchasing and improved traceability along the supply chain.

An MDM solution for the life sciences industry supports governance of all data domains and creates the necessary uniformity of data across the supply chain and the enterprise.

Master all data domains on one platform.

An MDM solution from Stibo Systems allows you to gain insights across several data domains and achieve synergetic effects.

Party data Mastering party data allows you to create the relationships that are vital to gain an accurate understanding of the value of each of your records. It makes it easier to identify customers and provide better customer service. Product data Rich and accurate product data helps customers make informed buying decisions. Studies show giving people better information and content boosts online sales and reduces returns. High-quality product data also facilitates accelerated vendor onboarding. Location data Location data is essential for managing your physical stores, offices, warehouses and more. Combine location data with product and supplier data to gain better insight into your data supply chain. Reference data Keeping reference data fields such as country, currency and conversions up-to-date is critical to making key business decisions, understanding their impact on the performance of your systems and meeting regulatory compliance. Asset data Managing asset data with disparate systems across departments can drag down data quality. With all asset data linked together in a central repository you have an accurate overview of who is using what equipment, where it is stored, and when it was maintained and by whom. Employee data Employees are valuable assets. Managing employee data in a centralized MDM solution enables you to connect it with other domains and gain new insights, such as which employees have worked on what projects, where they’re located and their skill levels.

Data-driven companies gain multiple advantages with MDM.

Enhance operational efficiency

Streamline and automate business processes, make more informed decisions, reduce costs and improve productivity, product quality and time to market.

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Empower the supply chain

Enable visibility and traceability across systems, suppliers, ecosystems and channels, as well as insight into corporate social responsibility and sustainability.

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Accelerate digital transformation

Fuel AI, IoT and real-time personalization initiatives with the high-quality data they demand. Drive brand differentiation and deliver greater value, success and ROI.

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Increase business agility

Proactively pivot or adapt to evolving markets or customer needs. Respond to challenges, quickly onboard products, add channels and manage expansion and M&A.

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LET’S START CREATING A MORE TRANSPARENT WORLD Empower data transparency through MDM At Stibo Systems, our mission is to create the world’s most versatile master data management solutions, built to enable businesses to optimize their business, environmental and social performance. Connect with us today to start your journey to creating better business and a better world.

Life Sciences

Master data management (MDM) turns unruly datainto actionable insight.

A single system to manage product data improves ecommerce and communication across the organization

Leverage master data management to drive insight, make better decisions and improve business agility.

Transparent data creates new ways to deliver patient care

Product, supplier, customer, HCP, HCO, … can you really trust your data?

Do you understand your HCO/HCP data?

Make it easier for your customers to purchase your products

Master all data domains on one platform.

Data-driven companies gain multiple advantages with MDM.

Master data management (MDM) turns unruly data
into actionable insight.