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Distributor
Solutions
Creating
a multi-vendor distributor catalog is a daunting task.
Each supplier has their own product formats, classification
and standards.
For example, one supplier may refer to a UOM (Unit
of Measure) as 'inches', whereas another abbreviate
it to 'in'. Aggregating these two into a common format
will result in inconsistent data, that is not searchable
or comparable in the sales channels.
This simple example illustrates the complexities distributors
face when aggregating supplier product information.
This aggregation is further complicated if the distributor
is managing product information with loose manual
processes and disparate systems.
Consider the process of a supplier introducing a new
MSDS (Material Safety Data Sheet) for an existing
product sold by a distributor. By the time this MSDS
is made available to the distributor company, channeled
through the various departments and finally made accessible
to customer touch-points, there could be a long delay.
This poses serious legal risk for the distributor
who is legally bound to sell products with complete
and stipulated safety documents.
Similarly, a product specification change by a supplier
may only reach the distributor's various sales channel
catalogs after many months delay. In the mean-time
the distributor's sales team will be selling outdated
products, and the customer service team providing
customer support with old product information. This
situation typically results in very dissatisfied customers,
who ultimately take their business elsewhere.
In essence, a distributor faces three areas of data
and process inefficiency with respect to the management
of their product information and catalogs:
Aggregating Product Information from Multiple Suppliers
Collating multiple supplier product information, each
with different formats and standards, is a slow manual
process, riddled with errors and inaccuracies.
Cleansing and Enhancing the Aggregated Data
The aggregated data is passed through each department
for cleansing and enhancement. For example, the marketing
department adds company-specific branding and copy,
whereas product specialists maintain the product specifications.
In the absence of a catalog management system, each
department creates it's own storage of the same product
information, with the master repository not really
being evident. Over time, this data is passed from
department to department with 'manual' and uncontrolled
processes. The end result is tremendous inefficiencies
and inaccuracies creeping into the catalogs that are
produced.
Disseminating Data to Multiple Customer Touch-Points
Similar to the aggregation of the supplier product
information, the dissemination to customer touch-points
(e.g. Web, print catalogs, sales and customer service)
in turn involves multiple different formats and systems.
Manually creating and updating each touch-point with
the latest product information is slow and inefficient.
See
how Apsiva addresses these problems
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Solution
Highlights: |
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Aggregate
Manage
Deploy |
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Industry
Solutions: |
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Manufacturers |
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Distributors |
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Related
Solutions: |
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PI
Management |
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Process
Management |
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Catalog
Management |
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“ Only
15 to 20 percent of the catalog data of Fortune
500 companies is structured in a way that makes
it usable in an e-marketplace. For small to medium
businesses, paper remains the dominant catalog
format. “
AMR Research |
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