Manufacturing:
Integrated product data can lead to greater profitability
What's a product by any other name? An open door to confusion, inefficiency and lost sales opportunity. Unfortunately, not only are many products recorded under multiple names, but their parts (which can run into the thousands) may be indexed by numerous codes, in various fields, spreading complexity throughout the multiple systems between the factory floor and the final point of purchase. True product data integration is necessary for:
- Managing the supply chains between both you and your vendors, and among you, your distributors and your customers.
- Exchanging crucial information among suppliers, partners, subsidiaries, departments and more.
- Understanding the true costs of manufacturing, shipping and selling your products.
- Determining price points that hit the most favorable sweet spots between volume and profitability.
- Controlling inventories so that you purchase exactly what you need, without shortages or redundancies.
- Understanding customer subsidiary relationships for proper stocking, shipping and billing.
- Taking advantage of discount entitlements by seeing the true, global picture of your supplier relationships.
Trillium Software: One easy way to integrate millions of records
Size matters. In manufacturing, the stakes involve hundreds of millions of records that must be analyzed, standardized, integrated, cleansed, corrected and connected—in real time and with multiple applications and systems. Trillium Software has the enterprise-wide power you need to:
- Assemble universal business data libraries from even the most chaotic tangle of codes and values.
- Create flexible taxonomies that allow you to categorize your parts and products on any terms you like, from color, class and currency to price, package or product type.
- Expose the complete picture of your business relationships – one Trillium Software client saved 3% of an annual $1billion procurement budget by consolidating all of its entitled discounts with one of its global suppliers.
- Leverage POS data to improve pricing, stock selection, and inventory management with distributors and retailers.
- Maximize the value of ERP (including SAP), by standardizing the underlying information the software depends upon.
- Eliminate language confusion—Trillium Software has deep global experience that can understand data in context across various languages.