Your SlideShare is downloading. ×
0
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Product Information Management Simplified.
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Product Information Management Simplified.

1,298

Published on

GoodsMaster helps suppliers keep product information centralized making costly data discrepancies a thing of the past. GoodsMaster ensures that the manufacturer, sales team, distributor, and retailer …

GoodsMaster helps suppliers keep product information centralized making costly data discrepancies a thing of the past. GoodsMaster ensures that the manufacturer, sales team, distributor, and retailer are always on the same page - at just the click of a button.

Published in: Business, Technology
0 Comments
3 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
1,298
On Slideshare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
6
Comments
0
Likes
3
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. GoodsMaster Simple Product Information Management GoodsMasterHQ.com
  • 2. Pick the odd ones out
  • 3. Pick the odd ones out 30 % of item data in catalogs used by retailers and manufacturers for replenishment of stock is in error (Study by A.T. Kearney)
  • 4. Auchans catalog was comparedwith catalogs from 3 suppliers
  • 5. Auchans catalog was comparedwith catalogs from 3 suppliers Results: Our catalogs are not completely aligned! Comparison between AUCHAN Manufacturers and Gross Dimensions GTIN Hierarchy AUCHAN weight Unit 28% 33% 100% NS Supplier 1 Case Pallet 22% 56% 83% 0% 0% 0% 100% 100% 22-87% Accuracy in dimensions Unit 43% 0% 100% NS Supplier 2 Case Pallet 41% 49% 12% 0% 0% 0% 71% 65% 0-83% Accuracy in gross weight Unit 77% 50% 100% NS Supplier 3 Case 70% 60% 0% 80% Pallet 87% 0% 0% 80% ©  ECR  France  2009
  • 6. Item data sheet sample from one of the Globus suppliers Incorrect or incomplete data is highlighted
  • 7. Item data sheet sample from one of the Globus suppliers Incorrect or incomplete data is highlighted It takes up to 3 days to get data corrected by a supplier
  • 8. Hmm… That is notwhat we expected…
  • 9. Hmm… That is not what we expected… Up to 8% of total purchase orders have item data errorsP&G Guatemala: 3.6% of orders relate to obsolete products (Studies by A.T. Kearney, Capgemini)
  • 10. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent $1.6M lost for each $1b of sales (Studies by A.T. Kearney, Capgemini, Accenture)
  • 11. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent $1.6M lost for each $1b of sales Johnson & Johnson measured that 2.5% of their total out-of-stock volume with Walmart was related to data integrity (Studies by A.T. Kearney, Capgemini, Accenture)
  • 12. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent $1.6M lost for each $1b of sales Johnson & Johnson measured that 2.5% of their total out-of-stock volume with Walmart was related to data integrity In many other customer cases, integrity issues could account for up to 9% of all out-of-stocks (Studies by A.T. Kearney, Capgemini, Accenture)
  • 13. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent $1.6M lost for each $1b of sales Johnson & Johnson measured that 2.5% of their total out-of-stock volume with Walmart was related to data integrity In many other customer cases, integrity issues could account for up to 9% of all out-of-stocks P&G Guatemala: 60% of out-of-stock items were caused by obsolete products in retailer’s system (Studies by A.T. Kearney, Capgemini, Accenture)
  • 14. 25 minutes per SKU per year is spent on manual item data cleansing only 4 minutes with item data synchronization(с)  h&p://www.flickr.com/photos/markusschoepke/
  • 15. 25 minutes per SKU per year is spent on manual item data cleansing only 4 minutes with item data synchronization 20 man-months saved for 10,000 items(с)  h&p://www.flickr.com/photos/markusschoepke/
  • 16. Accurate data is a business necessity for superior execution in logistics 0.5-1% reduction in inbound logistics costs 0.2-0.7% reduction in outbound logistics costs(Studies by A.T. Kearney, Capgemini, Accenture) (с)  h&p://www.flickr.com/photos/ma&wright/
  • 17. Accurate data is a business necessity for superior execution in logistics 0.5-1% reduction in inbound logistics costs 0.2-0.7% reduction in outbound logistics costs up to 2-8% freight cost savings for manufacturers 6.5% freight cost savings for wegmans $3.5 mln per year(Studies by A.T. Kearney, Capgemini, Accenture) (с)  h&p://www.flickr.com/photos/ma&wright/
  • 18. 3.5% of sales
  • 19. 3.5% of salesare lost each year
  • 20. 3.5% of salesare lost each yeardue to supply chaininformation inefficiencies(Study by A.T. Kearney)
  • 21. How toIMPROVE
  • 22. Step # 1 Establish a single source ofaccurate product data
  • 23. Step # 2 synchronize product datawith trade partners
  • 24. Step # 3 automateproduct datamanagement
  • 25. Whatnext?
  • 26. Use GoodsMaster simpleproduct information management
  • 27. Trade partner Trade partnerSupplier GoodsMaster Trade partner Trade partner Trade partnerAccurate and up to date product dataTrade partners are on the same page UpDate notifications
  • 28. Simple interfaceLow learning curveProduct catalogue Filters
  • 29. Description ImagesLogistics data Attachments Tags
  • 30. Web interfaceInstant data validationApplication Integration Data import
  • 31. Change history Notes Comments
  • 32. Global product classification
  • 33. Packaging classification
  • 34. Bring your team together 37
  • 35. Connect with your trade partnersSubscribe for product data updates notifications by email pre-filled listing forms 38
  • 36. Keep track of all changes online or by email
  • 37. No hassle
  • 38. No hassleNo rocket science
  • 39. No hassle No rocket scienceNo more spreadsheets
  • 40. andremember
  • 41. Accurate product data is the foundation forsupply chain efficiency
  • 42. Request free trial accountGoodsMasterHQ.com Makes your products manage their information themselves mr@goodsmasterhq.com

×