GoodsMaster helps suppliers keep product information centralized making costly data discrepancies a thing of the past. GoodsMaster ensures that the manufacturer, sales team, distributor, and retailer are always on the same page - at just the click of a button.
3. Pick the odd ones out
30
% of item data in catalogs
used by retailers and
manufacturers
for replenishment of stock
is in error
(Study by A.T. Kearney)
7. Item data sheet sample from one of the Globus suppliers
Incorrect or incomplete data is highlighted
8. Item data sheet sample from one of the Globus suppliers
Incorrect or incomplete data is highlighted
It takes up to 3 days to get data corrected by a supplier
11. Hmm… That is not
what we expected…
Up to 8% of total purchase orders have item data errors
P&G Guatemala: 3.6% of orders relate to obsolete products
(Studies by A.T. Kearney, Capgemini)
12. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent
$1.6M lost for each $1b of sales
(Studies by A.T. Kearney, Capgemini, Accenture)
13. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent
$1.6M lost for each $1b of sales
Johnson & Johnson measured that 2.5%
of their total out-of-stock volume with Walmart
was related to data integrity
(Studies by A.T. Kearney, Capgemini, Accenture)
14. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent
$1.6M lost for each $1b of sales
Johnson & Johnson measured that 2.5%
of their total out-of-stock volume with Walmart
was related to data integrity
In many other customer cases, integrity issues
could account for up to 9% of all out-of-stocks
(Studies by A.T. Kearney, Capgemini, Accenture)
15. Inaccurate item data increases shelf out-of-stocks by 3 to 5 percent
$1.6M lost for each $1b of sales
Johnson & Johnson measured that 2.5%
of their total out-of-stock volume with Walmart
was related to data integrity
In many other customer cases, integrity issues
could account for up to 9% of all out-of-stocks
P&G Guatemala: 60% of out-of-stock items were caused
by obsolete products in retailer’s system
(Studies by A.T. Kearney, Capgemini, Accenture)
16. 25 minutes per SKU per year is spent on manual item data cleansing
only 4 minutes with item data synchronization
(с)
h&p://www.flickr.com/photos/markusschoepke/
17. 25 minutes per SKU per year is spent on manual item data cleansing
only 4 minutes with item data synchronization
20 man-months saved for 10,000 items
(с)
h&p://www.flickr.com/photos/markusschoepke/
18. Accurate data is a business necessity for superior execution in logistics
0.5-1% reduction in inbound logistics costs
0.2-0.7% reduction in outbound logistics costs
(Studies by A.T. Kearney, Capgemini, Accenture)
(с)
h&p://www.flickr.com/photos/ma&wright/
19. Accurate data is a business necessity for superior execution in logistics
0.5-1% reduction in inbound logistics costs
0.2-0.7% reduction in outbound logistics costs
up to 2-8% freight cost savings for manufacturers
6.5% freight cost savings for wegmans
$3.5 mln per year
(Studies by A.T. Kearney, Capgemini, Accenture)
(с)
h&p://www.flickr.com/photos/ma&wright/
28. Use
GoodsMaster
simple
product information
management
29. Trade partner
Trade partner
Supplier GoodsMaster Trade partner
Trade partner
Trade partner
Accurate and up to date product data
Trade partners are on the same page
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