Tag "Product 360"

Secrets of an Intelligent Master Data Management Strategy

If you are defining or re-thinking your Master Data Management (MDM) strategy, you have probably wondered how you can make your MDM journey successful for you, your team and your organization. Wouldn’t it be great to learn from people and organizations who have successfully gone through this before? Tom Gottweis, MDM – expert and Head... more

What Does a Next-gen MDM Solution Look Like? An App-ready Platform (Part 4)

Master data management (MDM) technology is entering a new stage of maturity. Driven by the rising demands of big data, today’s MDM is drastically different, offering greater capabilities, deployment options, and user flexibility than ever before. The market forces that have shaped this change are complex, but the result is a new generation of MDM... more

Black Friday & Christmas: 5 Retail Strategies for Providing a Wonderful Shopping Experience

Black Friday is a huge opportunity for brands & retailers. In 2014, Americans have spent $50.9 billion during the 4-day Black Friday weekend* following Thanksgiving Day that is the beginning of the Christmas shopping season in the U.S.. In Germany, 85 billion Euros were spent during the Christmas shopping time November and December 2014**. Some say... more

5 Strategies to Reduce Costs in Procurement and Supplier Management

Supplier management can be expensive. Did you know that companies could save up to $6 million annually in supplier spend by leveraging trusted supplier data quality? * Cost efficiency, cost reduction, and spend analytics continue to be among the top business priorities in supply chain management (SCM) and procurement. According to Deloitte’s 2016 Global Chief... more

The New Customer Experience: Social, Individual, Fast

I know, it is not usual to promote a certain brand on a blog like this. But I have to share this customer experience with Suitsupply. It is my favorite brand for suits, shoes and accessories, I wear for business or events like weddings. First of all it started off with an issue. I was trying... more

5 Data Strategies for Effective Supplier Collaboration

In a world of complex and integrated supply chains, your business’ success hinges on your supplier relationships. The way you interact with them is changing. Today, suppliers are viewed as strategic partners, which can help gain competitive advantages. In fact, procurement leaders consider supplier collaboration as the second most important area of focus after consolidating... more

How The Easter Bunny Ensures Supply Chain Traceability

These days, the Easter Bunny is facing a huge supply chain challenge: To make kids happy around the globe, he needs to deliver chocolate to millions of households worldwide. Because he is a modern and responsible Easter Bunny, he cares about supply chain sustainability and traceability. He wants cocoa that is sourced from suppliers that... more

Transforming How the Supplier Relationship Manager Works Uncovering New Forms of Value

As the perception of suppliers, their strategic role for the success of a business and the way we interact with them is changing, the role of a supplier relationship manager is gaining more and more in importance. In a world of competing supply chains, a business’ success is automatically tied to the success of its... more

Nordics Retailer Elkjøp Awarded Best Omnichannel Solution at 2016 RETA Europe

EHI, a European scientific institute for retail and commerce, selects the Retail Technology Awards (reta) award-winners distinguishing retail companies for their implementation of outstanding and innovative information technology solutions in retail. This year, the award for the “best omnichannel” implementation was handed to Norwegian electronics retailer, Elkjøp, using Informatica MDM-Product 360, Data Quality and PowerCenter.

Transforming How An E-Commerce Professional Works: Why Accurate Product Information Matters

Elbert Hubbart once said, “The line between failure and success is so fine that we are often on the line and do not know it.” Today’s E-commerce Professional constantly walks that line, finding that poorly managed product information sends them to the wrong side. An e-commerce manager for a European wholesaler put it this way:... more