The Key to Success

OBSTACLES TO DELIVERING PRODUCT DATA INTEGRITY

For an organisation to excel in the age of electronic business, it is necessary to adopt systems and procedures that will ensure an efficient, consistent and open platform for the storage and management of product information. Regardless of their size, companies in the past have found that fulfilling this need was either technically difficult or cost prohibitive. This problem is exacerbated when electronic trading is required across numerous industries and supply chains. This introduces the additional complexity of supporting different industry standards or diverse data requirements of trading partners.

For an organisation to retain strong relationships with suppliers and customers, product information that is exchanged must be accurate and standardised to the formats that are compatible with the systems used by these trading partners. If doing business can be this simple, why would they go anywhere else?

THE FUTURE OF PRODUCT DATA MANAGEMENT

As people around the business world are talking about ‘ standardisation’, there is still the realisation that companies will continue to trade with partners who come from a diverse set of vertical industries. Even with the advent of a ‘cataloguing’ standard for each industry, the typical business organisation will need to support many different standards and formats in order to share catalogues with all of their trading partners.

For good commercial reasons, your trading partners may adopt a standard that is appropriate for their own business needs, but not one that is necessarily compatible with broader industry criteria. Therefore, this creates a continuing need to support, and comply with, a multitude of product catalogue formats and standards. Innovit’s vision has always been focused on the development of user-friendly and cost-effective solutions that facilitate the process of supporting diversity in cataloguing formats and standards.

Our goal is to empower business users with the tools that allow them to ‘tailor’ product catalogues effortlessly as industry standards continue to evolve. We believe that catalogue content achieves its greatest value to the end user when it is ‘ customised’ to their specific needs and holds the highest degree of integrity from being maintained efficiently by the owner. This is the strategic value that is delivered by Innovit's suite of iICE catalogue management solutions.