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Retail Solutions |
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Retail Referential -
MDM |
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Retail Business Suite |
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Retail Collaboration
Suite |
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Retail Operations
Suite |
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Retail Analytics Suite |
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Retail Execution Suite |
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Info Suite |
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| Retail - MDM ibs REFERENTIAL - Master
Data Management |
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Retailers are challenged
with fast-changing markets and business environments. Whether it be mergers and
acquisitions, new market introductions, or the need to target consumers in more
specific and strategic ways, the need for a consistent data foundation has
never been greater.
Increasingly, retailers are realizing that timely
access to accurate operational information is crucial for gaining market share
and improving bottom line performance. And those who are able to consistently
maintain quality information about their products, business processes, and
markets are assured an edge over competition.
Today it is common to see
retailers' data created and maintained in various applications which are not
integrated. Worse yet is the typical scenario where data has been duplicated in
spreadsheets in order to address specific analysis requirements. Data lacks
integrity, timeliness, consistency and accuracy, resulting in decisions that
are based on bad information and many times too late to have desired
results. |
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| As the only comprehensive
master data management for retail in the market, Soft Solutions' Master Data
Management Referential (MDM - Referential) addresses these needs, resulting in
improved operational efficiency and decision-making. Soft Solutions' MDM -
Referential, otherwise known as ibs REFERENTIAL, provides
the "single version of the truth" of the retailers' global data. It addresses
the full range of retailer data, including product-, supplier-, customer- and
retailer-specific data, while at the same time providing significant
flexibilities to allow managing various organizational and merchandise
hierarchies. Based on a powerful workflow engine and a comprehensive
business-rules library, our Retail Master Data Management solutions goes beyond
the typical PIM and data warehouse solutions to deliver true architected master
data management specific to the complex needs of the retailer. |
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| Highlights and benefits
gained from the implementation of the Soft Solutions' MDM - Referential
include: |
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Fully Comprehensive
Data Model - accommodates any retailer organization operating across a
variety of product segments, distribution channels and geographic regions. |
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Cross-functional
Data Model - combines distinct information systems (e.g. purchasing,
logistics, merchandising, etc.) to provide a total view of item cost and supply
chain titleernatives. |
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Consolidated View
of Business - does not impose uniformity of business operations on
independent divisions; HQ gains visibility into multiple organizations but
entities are allowed to preserve distinct business processes and merchandise
hierarchies. |
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Adaptability to
Changing Business Environment - system can start small and be rolled out
progressively to suit expanding business needs; easy addition and management of
user-defined characteristics. |
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Fully Configurable
by User - user defines all business parameters (e.g. terms, units, item
types, functional roles, etc.) |
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Greater Data
Accuracy - "Single version of the truth" provides a unified source of data
entry and dissemination. |
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Faster Response
Times - business can react more quickly through automation of
listing/de-listing process for vendors and items. |
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Time and Cost
Savings- reduced manual information entry, cleansing, and synchronization
requirements. |
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| For more detail
information, please download the following material: |
| - Soft Solutions -
ibs REFERENTIAL (Retail - MDM) - Fact Sheet |
| - Soft Solutions -
Carrefour - Press Release Dec 2005 |
| - Soft Solutions -
Carrefour - Press Release Oct. 2006 |
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