Master Data Exchange

A single source of truth for network master data to support accurate and efficient business and supply chain operations

Unify data across your supply chain networks

Create a central repository to store, administer, and maintain company, partner, and product master data that can live in multiple databases and systems across a company and its partners. Master Data Exchange facilitates the maintenance of this critical information and its exchange between supply chain partners. With Master Data Exchange, you can:

• Keep products flowing by leveraging common business data attributes across transactions
• Build a shared understanding between partners on key data like company identities, business location details, and product identifiers and attributes
• Form a necessary platform for business transactions and operational processes

Understanding the need for standardization

In today’s global supply chain, company, partner, and product master data often lives in silos within a company and across partners, creating challenges in collaboration and product flow, including:

Standardizing data representation

Different data is often used to represent the same company or product attribute.

Safely & efficiently exchanging data

Supply networks lack the ability to efficiently and accurately share master data.

Ensuring master data is updated & accessible

Master data often isn’t maintained or refreshed at a needed frequency, leading partners to become out of sync and begin making decisions based on incorrect data.

Minimizing data errors

Errors occur during shipments, and during reconciliation of financial transactions with physical transactions.

How Master Data Exchange drives mutual success

• Manage a single master data schema
• Populate transactional data interfaces
• Support regulatory reporting requirements
• Enhance understanding in product & supply operations
• Minimize information exchange & maintenance