There is a multitude of complex data-dependant processes involved in the running of a supermarket chain. Any inaccuracies in product, materials, supplier and customer data causes waste and inefficiencies. In a competitive industry, with notoriously thin margins, data quality can often become a determining factor when establishing longevity and sustainability of a supermarket organization.
With the help of MDM, supermarket can streamlined new product development and change processes, reducing the process from 60 steps to approximately a dozen steps. An MDM solution enabled supermarket to facilitate compliance with GS1 standards, allowing it to seamlessly exchange electronic product and shipment information with major customers.
The effects of poor data in the supermarket sector can be felt by multiple teams involved in its operations. Misrecorded pallet sizes, for example, often impact haulage restrictions, while mismanagement of interactions with suppliers can result in food waste and even a potential Grocery Supply Code of Practice violation.
It is essential to have clear ownership and control of your data to ensure accountability and accuracy across your systems. The better your data flow is, the more informed you are to analyse, predict and act on vital business insights.
Wissen’s supermarket MDM solutions are specially tailored to address the unique demands of the sector. We understand that in order to gain a competitive advantage, every opportunity for data efficiency must be made available.
By eliminating inaccuracies and duplications in your data across all divisions, you are able to have confidence in identifying opportunities and minimising waste. Our team will ensure that you gain a complete 360-degree view of your data which offers actionable insights.