“With the already long term partnership we have with Stibo Systems, we are glad to have a trustworthy partner to support us in our digital transformation journey.”
— Jonathan Escobar, Head of Data Governance & Master Data, ams OSRAM
Data management projects are hard to quantify. There is great financial value to be gained from improving data quality and automating data processes. But how do you estimate it? The ROI Calculator can help you build your business case for master data management.Get your customized ROI report
The data challenges of manufacturing companies are characterized by complexity, lack of governance and limited insight.
The widespread use of multiple data repositories, including multiple enterprise resource planning (ERP) systems, spreadsheets and shadow IT, creates a siloed environment in which information cannot be trusted. This has severe implications, such as:
A master data management solution with multidomain and data governance capabilities can improve data quality, streamline data sharing and create a single version of truth across product, customer, supplier, asset and location data.
Master data management helps you build the data foundation you need to fuel AI, IoT, digital twins and other smart manufacturing initiatives.
Advance Your AI Agenda with Master Data Management
Regulators and consumers are inquiring ever deeper into the accuracy of data and the processes by which it is being created.
Compliance with industry-specific regulations – such as Proposition 65, REACH, RoHS, and data privacy regulations (LGPD, GDPR and CCPA) – is easier to maintain with centralized data management.
Stibo Systems Master Data Management’s inherent data governance capabilities can support you in making your data fit for compliance. Automated workflows, 360° customer and supplier views and metadata management can help you enforce your data policies and manage attributes that are important for regulating authorities, including:
This will provide you with the necessary transparency to automate compliance reporting.
Complex supply chains, including sub-suppliers and raw material providers, increase exposure to risk. Remote production facilities, cross-border trade, shipping, storage and packaging are moving parts that generate a huge amount of data to track.
Master data management helps build end-to-end transparency, providing you with a granular view of your suppliers, as well as insight into where and how your products are used and consumed. This can help you prevent recalls and mitigate risks by giving you visibility into the information you need to act quickly and with precision.
To mitigate supply chain disruptions and sudden demand shocks, manufacturers need to be able to onboard and integrate new suppliers fast.
A master data management solution can facilitate onboarding by managing and controlling supplier master data. Strict governance of supplier data enables you to quickly approve and ensure supplier quality and performance.
Complete and accurate supplier data, including contract information, help build a 360° view of your supplier network. This enables you to track spending, SLAs, contact information, compliance and solvency information. Integrating your master data management solution with third-party validation sources, such as Dun & Bradstreet, Experian and Loqate, ensures that you have always updated supplier information.
Master data management facilitates collaboration with suppliers in a number of ways:
The ability to seamlessly share complete and high-quality data is critical to cut time to market, streamline procurement processes and deliver excellent customer experiences.
Share data with distributors:
With a master data management solution, manufacturers can easily map and transform product information to comply with international classification systems that are used by distributors. Stibo Systems Master Data Management provides built-in support for industry standards, such as GS1, ETIM, ECLASS, UNSPSC, Aces, Autocare and TecDoc to facilitate easy distribution of your products. The MDM-integrated support ensures you have total ownership of rules for data transformation and access to data quality capabilities without third-party software required.
Share data with retailers:
Moving your products quickly to market requires the ability to syndicate product data to various reseller platforms. PDX Syndication is a built-in component that connects the Stibo Systems Master Data Management platform seamlessly with online marketplaces and big box retailers, including The Home Depot, Walmart, Amazon, 1WorldSync and AAFES, to keep product information accurate and updated. Automated data syndication and sharing enhances your tie-in with your customers and reduces error- prone manual work.
Manufacturers need to respond to an increasing focus on sustainability. Compliance with environment, sustainability and government (ESG) goals is a competitive advantage. Failing to comply can damage your brand reputation. Taking the lead can fuel loyalty and trust.
This means, as a manufacturer, you need to gather, manage and share data more intelligently and operate with an integrated approach to sustainability throughout the enterprise. Technology needs to be integrated, and data needs to be governed and transparent from end to end.
Multidomain master data management can help manufacturers manage sustainability data by capturing data in a structured format that is easy to share with their customers.
Enabling complete data visibility, from raw materials and parts to finished products, packaging and product disposal, is critical.
Stibo Systems Master Data Management provides a centralized view of data across the product lifecycle, providing manufacturers real-time access and insights that enable superior product experiences. This empowers users to track all business-critical operations and provide partners and customers with controlled transparency into accurate, in-depth information.