Product Information Management Simplified.

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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.

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Product Information Management Simplified.

  1. 1. GoodsMaster Simple Product Information Management GoodsMasterHQ.com
  2. 2. Pick the odd ones out
  3. 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. 4. Auchans catalog was comparedwith catalogs from 3 suppliers
  5. 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. 6. Item data sheet sample from one of the Globus suppliers Incorrect or incomplete data is highlighted
  7. 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. 8. Hmm… That is notwhat we expected…
  9. 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. 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. 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. 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. 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. 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. 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. 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. 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. 18. 3.5% of sales
  19. 19. 3.5% of salesare lost each year
  20. 20. 3.5% of salesare lost each yeardue to supply chaininformation inefficiencies(Study by A.T. Kearney)
  21. 21. How toIMPROVE
  22. 22. Step # 1 Establish a single source ofaccurate product data
  23. 23. Step # 2 synchronize product datawith trade partners
  24. 24. Step # 3 automateproduct datamanagement
  25. 25. Whatnext?
  26. 26. Use GoodsMaster simpleproduct information management
  27. 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. 28. Simple interfaceLow learning curveProduct catalogue Filters
  29. 29. Description ImagesLogistics data Attachments Tags
  30. 30. Web interfaceInstant data validationApplication Integration Data import
  31. 31. Change history Notes Comments
  32. 32. Global product classification
  33. 33. Packaging classification
  34. 34. Bring your team together 37
  35. 35. Connect with your trade partnersSubscribe for product data updates notifications by email pre-filled listing forms 38
  36. 36. Keep track of all changes online or by email
  37. 37. No hassle
  38. 38. No hassleNo rocket science
  39. 39. No hassle No rocket scienceNo more spreadsheets
  40. 40. andremember
  41. 41. Accurate product data is the foundation forsupply chain efficiency
  42. 42. Request free trial accountGoodsMasterHQ.com Makes your products manage their information themselves mr@goodsmasterhq.com

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