Stibo Systems

Supplier Master Data Management

Improve supplier relationship management by quickly onboarding, managing and controlling supplier master data for a single and transparent view across the end-to-end supply chain.

Unleash the power of your supplier data.

Understanding the value of supplier relationships can be a challenge with information stored in multiple databases and applications across various business units and regions. Without a 360° view of your supplier ecosystem, inefficient data management processes, blind spots about supplier performance and missed sales opportunities often occur. Your risk to reputational damage also increases from a lack of compliance and trust in your suppliers.

Stibo Systems Supplier Master Data Management (Supplier MDM) enables you to centralize and proactively govern supplier and product data for greater savings and efficiencies. Accelerate onboarding, mitigate risk and increase product assortments by leveraging Supplier MDM to create a single, trustworthy view of your suppliers and their products and enable greater transparency across the entire supply chain.

Support multiple departments, teams and geographies by bringing together information about suppliers and their products.

Improved efficiency Reduce onboarding and supplier qualification time from weeks to days

A single source of truth Fuel applications with complete, accurate and trustworthy supplier and product data

Faster time to market Drive new sales by expanding suppliers’ product assortments via automated workflows

Reduced data management costs Minimize risk and ensure compliance with automated data governance processes

Increased business agility Adapt quickly to changes or disruptions with improved supplier sourcing and collaboration

Improved visibility Monitor performance and understand supplier value with centrally managed supplier data

Learn more about Supplier Master Data Management.

Prevent Consumer Panic Through Better Supply Chain Management Being able to trust your data is paramount. Listen to episode 17 to learn how a single version of the truth across supplier, product and location data domains is key to serving customers during times of uncertainty. Listen to the Podcast

Three Reasons High-Quality Supplier Data Can Benefit Any Organization The way your organization adapts to large amounts of data about your suppliers is crucial to success in the industry. Learn about the benefits of clean, centrally managed supplier data. Read the Blog Post

Supplier Master Data Management Learn how Supplier MDM can help you create an effective supplier relationship management program that results in greater savings and efficiencies. Get the Solution Sheet

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Gain a single, trusted view of supplier information.

Accelerate Onboarding Increase product assortments and grow online sales by onboarding new suppliers and products faster, while ensuring data compliance.

Increase Visibility Improve supply chain planning and track performance of suppliers and new product offerings, identifying alternate suppliers as needed.

Minimize Risk Ensure on-time deliveries and product quality while monitoring for supplier fraud, non-compliance and changes to prices, markets and taxes.

Maximize the value of your supplier relationships with Supplier Master Data Management.

Global supplier onboarding

Reduce data management costs by efficiently onboarding new suppliers and full product catalogs and merging supplier accounts with automated workflows and standardized processes.

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Single supplier view

Deliver a complete and trusted view of suppliers and sub-suppliers across all channels and digital touchpoints by sharing supplier and associated product data with business units, procurement teams and regional offices across the enterprise.

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Self-service data management

Improve onboarding and ongoing maintenance of supplier information by enabling suppliers to update their own master data.

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Data quality and governance

Improve the bottom line by centrally managing supplier data and associated product information while ensuring consistent data quality standards.

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Risk management

Mitigate procurement, compliance and supply chain risks by streamlining contract lifecycle management, ensuring data meets corporate and regulatory requirements, and monitoring supplier scorecards.

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SUCCESS STORY Sonepar Canada

To support its digital transformation initiatives, Sonepar Canada selected Stibo Systems Multidomain Master Data Management (MDM) for its supplier, product and customer data domains. Today, it leverages a single version of the truth for recording and reporting product information. This helps Sonepar Canada negotiate with suppliers, improve customer service, lower costs and increase sales.

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Sonepar Canada Case study - supplier master data management

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.