Thomson To Use Stibo Multidomain MDM To Deliver ‘Integrated’ Data Views
Thomson Industries Inc., a manufacturer of mechanical motion control solutions, is adopting a multiple domain master data management (MDM) solution from Stibo Systems to improve operations and profitability. Multidomain MDM will deliver a clean, consistent and integrated view of data.
Thomson Industries Inc., a manufacturer of mechanical motion control solutions, is adopting a multi-domain master data management (MDM) solution from Stibo Systems to improve operations and profitability.
Multidomain MDM will deliver a clean, consistent and a more valuable integrated view of immense amounts of data to its corporate departments, some 2,000 worldwide third-party supply chain distributors, as well as a slew of business-critical applications, according to Rob Gallagher, Thomson’s director of marketing.
“Achieving accurate product information is imperative for businesses looking to improve their performance and provide the most satisfying customer experience. However, the reality is it is harder than it looks,” said Todd Callen, Stibo’s executive vice president for North America, in a statement.
Like traditional MDM, multi-domain MDM tackles the need businesses have to obtain deep, accurate and consistent understanding of their data. But unlike many MDM solutions, the magic of multi-domain MDM approaches is that they are specially-designed to provide cross-silo and integrated views of many key pieces of data, such as products, customers, purchase activities, suppliers, inventory and assets, locations and more.
Bringing all this corporate data together in a cross-silo and consistent way, multi-domain MDM helps businesses get a fuller picture of the data, as well as ensure cleaner and timely data for all stakeholders, Callen noted. It also lets companies derive more valuable business insights and operational efficiency, he added.
For its project, Thomson will deploy Stibo Systems’ STEP platform to support its product information management (PIM) efforts, and integrate and synchronize the available information from discreet systems, Gallagher said. The global company has facilities in North America, Europe and Asia.
“Using the [Stibo] STEP solution, we will create an integrated process for maintaining product consistency across our global network, which will enable distributors to navigate our product information with ease and improve the shopping experience for their end-user customers,” Gallagher said in the statement.
Thomson will also use Stibo Systems’ PIM product to create and maintain automated synchronization of the data of more than 50,000 products throughout the supply chain. This will cut down on data variations across multiple departments, partners and applications, he added, including those for sales, support procurement, inventory, e-commerce and catalogs.
Inside Stibo Systems Platform
For Delivering Multidomain MDM
Stibo Systems’ Multidomain MDM solution runs on a unified MDM platform architecture with features to deliver better accuracy, faster performance, and more consistent harmonizing of data across multiple stand-alone departments and siloed applications.
In this unification, Stibo Systems brings together a common data model and governance framework into a single technology system, Callen noted. This approach provides users with data governance, data quality and digital asset management functionality. When combined, all these features enable enterprises to:
- Eliminate silos of single domain master data that exist in disparate departments or business units.
- Align organizational and operational data that exist within different data domains or even different departments to gain better business insight and improve processes.
- Ensure compliance with government regulations and industry mandates, eliminate duplicate information and error-prone processes, and deliver data consistency and control across all publications and marketing channels.
Stibo Systems’ lists GE, Sears, Siemens, Target and Thule among the enterprise firms using the company’s solutions.