Sonepar Canada, a member of the Sonepar Group, selected Stibo Systems for a Multidomain Master Data Management (MDM) solution that includes product, customer and supplier data domains.
In support of its digital transformation initiatives, the company has improved and automated multiple processes, reducing the amount of time needed to produce high-quality data. And with a dynamic link to data sources like Dun & Bradstreet, which replaces manual methods, it provides a greater understanding of supplier relationships and organizational hierarchies. In addition, the company has paved the way for implementing Stibo Systems MDM in Sonepar North America.
The result? Sonepar Canada leverages a single version of the truth, or golden record, for recording and reporting product information. This helps them negotiate with suppliers, improve customer service, lower costs and increase sales.
The Business Payoff
Increased operational efficiencies. The company centralized management of global classifications of products required in the electrical industry, improving how it adheres to industry standards. In addition, it better organizes product and supplier data to understand entity relationships. This allows the company to increase efficiency exchanging data with vendors, as well as accelerate time to market for its products and services.
The Customer Experience
Easy access to the right data. The company better captures, organizes, maintains and shares vital product data, enabling an easy path to product selection and purchase for its customers. Product information is created and classified once, then made available for operating companies to share accurate and timely information. Customers can easily locate the right product that meets their needs.