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Product data synchronization
While EDI trading allows trading partners to exchange electronic documents together efficiently, it is often forgotten that this process starts with sharing key information, features and characteristics about the products transacted. Data synchronization is the start of a fruitful integrated relationship.
Being able to share product information between trading partners gives way to a number of benefits ranging from the reduction of out of stocks and lost sales to making sure retailers have the right products on the shelves. For vendors, data synchronization can also be a nice marketing tool, allowing them to display products to customers.
There are essentially two ways of sharing data information today. One is to use public data pools that are part of the GDSN initiative, the other relates to private catalogs. InterTrade is the only integrator on the market that allows you to use both of these methods from a single application. We know how cumbersome it is to manipulate multiple tools. Our approach is to let you use a single solution to manage all your product data and give appropriate access to each retailer, some using a data pool, some using a private catalog. Simple, efficient and affordable; these are the core benefits of InterTrade’s Data Synchronization Solution.
ecCatalogue
ecCatalogue was designed with both retailers and suppliers in mind, addressing a wide variety of data-sharing options to facilitate the experience, whichever side of the equation you are on.
By using InterTrade ecCatalogue, retailers can benefit from pre-validated product data to initiate their supply chain process, information they can select with the easy-to-use interface and bring into their own systems. The main benefit of using outside help for catalogue purposes is that InterTrade also helps with the on-boarding campaign of suppliers, a task better left to experts that usually clogs internal resources availability.
From a supplier point of view, InterTrade facilitates the exercise of sharing product information through a centralized application that allows them to enrich the data they need to share with retailers. Many suppliers have various system components that house product information. InterTrade ecCatalogue helps them gather up all that data in an easy-to-use repository on which they can act to update, modify and add products as they wish with a series of easy-to-use upload possibilities.
The benefits associated with using a third-party catalogue stem from freeing up resources on both sides to validate and update information and host it in a way that is less reliant on internal resources than with a manual or interactive process. Suppliers need the help of a validation tool to make their data as perfect as possible. Retailers rely on outside help to make sure their own validation rules are enforced. InterTrade makes this possible with benefits for retailers and suppliers.
Read on about how ecCatalogue helped Neiman Marcus Group reach its data synchronization objectives and how InterTrade realized an on-boarding campaign with more than 350 vendors. [ + more details ]
Data pool – Public Catalogue
Public catalogue accesses are known to be expensive and complicated to manage. Simpler and more cost effective for small to mid-size vendors, ecGDS is the way to go to share product information with retailers expecting a link to GDSN. Not only is it cheaper to use, but it also helps you manage the choreography around sharing data, opening up trading relationships and all the complex steps required to get the information across to your trading partner. Your internal resources need not become experts at understanding all the intricacies of the GDSN, nor do you need to learn multiple platforms to interconnect to various retailers. InterTrade brings access to data pools through a single solution that facilitates your data gathering and sharing whether it is for a private or public catalogues.
Retailers
Access to GDSN has always proven expensive compared to some private catalogues and the number of product attributes available may appear to be limited. But if you’re a retailer facing a community of suppliers already connected to the GDSN, you may be interested by the ecGDS offering to access their product information faster. InterTrade’s pricing structure based on usage is cheaper and more appropriate than other industry models. If your internal data management process is creating more problems than it should solve, let’s talk data synchronization today!
Vendors
Let InterTrade guide you in getting your act together to improve your relationships with your customers connected to the GDSN. ecGDS gives you a single point of contact to share data and get the help needed to plow through the initial process. SKU-based pricing also allows you affordable access to the data pool while benefiting from a fully integrated relationship with your large customers. Get ahead and start synchronizing!
Through partnerships and easy platform access, InterTrade has managed to make vendors’ lives easier, giving access to data pools and sharing product information using a single comprehensive solution. Try the InterTrade difference! [ + more details ] |
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