The digital economy has forever changed consumer expectations. Increased demand for personalized products and experiences, diminishing brand loyalty and fast-changing markets are forcing companies to accelerate consumer-centric product development and commercialization processes. How can your organization launch new products quickly that meet customer demands and increase brand loyalty and awareness, without compromising on quality or price? Streamlining and integrating two key processes – product lifecycle management (PLM) and product master data management (product MDM) – can help brands navigate through the complexities of consumer-centric product development and offer products that customers want.Read More
New York Fashion Week (NYFW) recently ended, leaving those in retail feeling energized and inspired for what’s to come in 2020. Sustainability, diversity and the future of retail were dominant themes throughout the week. Stibo Systems sponsored and attended various events, absorbing and learning from leading retailers about the latest trends, from styles to technology. Below are some highlights:Read More
In my previous post, I discussed the power of matching supply and demand data using master data management (MDM). I showcased challenges many retail, footwear and apparel (RFA) makers face in the market today, as well as the value of applying MDM as a strategic asset that improves decision making and collaboration.Read More
For retailers around the world, the data economy has put a premium on leveraging information as a strategic asset that directly impacts revenue and growth. This is a growing trend that isn’t surprising given today’s ubiquitous use of mobile devices and the digital consumer.
If you rely on CRM, ERP, ecommerce, data warehouses and related systems, you’ve likely experienced challenges associated with costly manual entries, siloed systems and inefficient processes. These challenges often result in the creation of duplicate records that contain mismatched pieces of information – or worse – inaccurate or conflicting data.Read More
If you’re like most organizations, chances are you are struggling to understand the connections found in your disparate silos of information. We live in a virtual, technologically advanced world, and the reliance on technology by both companies and their customers for conducting day-to-day transactions and interactions only continues to increase. The number of systems holding this critical data is vast and fragmented, each operating independently of one another. The challenge of identifying and reconciling data across these disparate and siloed systems makes creating a complete and accurate view of a company or customer almost impossible. This is because no single system contains this view across all departments or lines of business or is designed to manage the complete lifecycle of the data.Read More