Having a central repository for all product-related information gives organizations a single version of truth for their product master data, delivering improved operational efficiencies and business performance.
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Introduce new products, product bundles and services more quickly through use of trusted product data and streamlined business processes
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Increase upselling and cross-selling opportunities, launch targeted and timely promotions and reduce product returns
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Ensure compliance with government regulations and industry mandates, eliminate duplicate information and error-prone processes
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Meet global business requirements for language and market, and launch targeted multi-language promotions based on key demographics and regions
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Consolidate disparate processes, reduce demands to and reliance upon IT, eliminate data silos and quickly react to sharp and unexpected changes in demand
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Increase the accuracy and trust of your data to improve responsiveness, decision-making, interdepartmental workflows and productivity
Transform product master data from multiple system formats into a common structure by acquiring and consolidating product information from a variety of internal and external systems to cleanse and validate information, and map source formats to your data model.
Introduce new products, product bundles and services faster through the use of high confidence product data and streamlined business processes.
Manage every aspect of each product master record, including hierarchy, structure, validations, approvals, versioning and enriching with attributes, descriptions, documentation and other data-related components.
Improve your customers’ experience, business performance and operational efficiency by seamlessly and consistently publishing product information across all channels and business systems.
Internal departments such as sales, marketing and customer service can readily access reliable information.
Slowing down your business is never an option. So we work constantly to anticipate and address evolving challenges and needs, so you can be ready for what comes next. Providing seamless integrations and new functionality, to empower you to deliver the business outcomes you seek. Here’s what’s new on our latest PMDM release.
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Adopt new syndication channels quickly and easily
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Organizations constantly struggle with publishing product data across multiple channels, compounded by numerous data formats, and increasing volume and speed at which it needs to be published. The challenge is maintaining data quality while delivering an optimal data syndication process.
Under-delivering can be costly. According to Gartner, Inc, “the annual financial impact of poor data quality on organizations is $9.7M, on average.”1
Stibo Systems’ Product Data Syndication platform (PDS) addresses this challenge, providing unique capabilities that allow channel data standards to be easily updated, supporting a superior customer experience and accelerated revenue opportunities.
Cloud-enabled PDS features a number of pre-defined channels for improved time-to-market. For manufacturers, it supports rapid publishing to multiple retail channels. Seamless integration with Stibo Systems’ PMDM ensures channel publication status can be monitored and tracked. Users have full control over mapping product attributes for each channel through a simple interface, allowing easy maintenance and data transformation.
PDS features/functionality include:
1Source: Gartner, Inc., ITScore for Data and Analytics, October 2017
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Simplify localization to make content relevant around the world
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Succeeding in global markets requires content that’s relevant to the audience, wherever they are. Given that just 25% of Internet users speak English, it should be clear that accurate and timely translations are a must. Translated content engages audiences, strengthens brand and improves conversion. For retailers, manufacturers and distributors who sell online to geographically distributed customers, the ability to translate content is paramount.
That said, the translation process can be difficult, expensive and time-consuming.
Stibo Systems’ PMDM Translation Services integration empowers retailers and manufacturers to efficiently manage translation of product information into multiple languages through seamless integration with leading language translation providers. This allows for high quality translations and improved productivity for teams managing product data intended for global markets.
The fully automated service avoids expensive, time consuming re-translations, and includes essential functionality that frees managers to focus on other strategic initiatives. Benefits include:
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Improve productivity with out of the box support for leading industry formats
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Adopting the use of industry standards enables organizations to efficiently conduct business across borders, systems and markets, and to improve operational productivity, open new markets and generate increased revenue opportunities.
Stibo Systems’ PMDM features built-in industry standards support, providing large distributors and manufacturers with a proven out-of-the-box approach to importing and exporting product data that conforms to leading industry formats, including:
With each new Product MDM release, Stibo Systems is committed to supporting the latest amendments to these standards, ensuring customers continue to work within the most up-to-date parameters. Our latest release brings:
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Apply machine learning to enrich images with metadata to improve content relevance
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Stibo Systems' PMDM now includes an image analyzer that uses machine learning (ML) to help retailers and manufacturers automatically classify digital assets and enrich imagery with added metadata. Metadata is gathered through the Google Cloud Vision API, enabling auto-classification of images, tagging, enhanced search capabilities and improved SEO.
The ability to automatically gather image metadata helps consistently deliver better, more relevant content, providing a higher level of brand engagement.
This capability is particularly important for retailers, manufacturers and distributors that use digital assets as part of their product introduction/enrichment efforts to publish to e-commerce sites and/or content management systems.
PMDM’s improved image and asset management includes:
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Intuitive step-by-step UI simplifies and speeds content/data
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Enriching large numbers of product records can be challenging, complex and time-consuming. To empower data stewards to address the task, Stibo Systems’ PMDM now includes Guided Data Entry components in the user interface.
Guided Data Entry splits the record enrichment process into smaller and more manageable steps using a step-by-step, screen-by-screen wizard-style interface. Different Guides can be activated to address specific enrichment tasks. Users responsible for product data enrichment can be more productive by making complete data available quicker and with fewer errors/omissions.
Stibo Systems’ PMDM Guided Data Entry provides:
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Send/receive messages on a near-real time basis with Simple Queue Service
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To sustain a rigid product master data policy, it’s essential for all product data touch points to be synchronized with the system of record. Stibo Systems’ PMDM serves as the central repository for this information. However, it’s necessary to be able to deliver content to both downstream systems and external applications for data processing requirements. Users also need consistent responses from all touch points to make informed decisions that affect the business operations.
When this level of resilience is required, businesses often turn to message queuing technology. To address this need, Stibo Systems’ PMDM includes full support for Amazon Simple Queue Service (SQS), allowing users to deliver and receive event-based messages on a near-real time basis.
Amazon SQS is a fully managed service that makes it easy to decouple and scale microservices, distributed systems, and serverless applications. With SQS, you can send, store and receive messages between software components at any volume, without losing messages or requiring other services to be always available.
PMDM’s Amazon SQS functionality includes:
Data is the driving force of your business. Find out how hundreds of the world’s best companies manage and maintain their most critical data to achieve strategic business outcomes.
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