
TraceLink's Master Data Sharing enables secure, efficient exchange of critical product, company, and partner data across supply networks, enhancing compliance and operational performance.
Vendor
TraceLink
Company Website
Master Data Sharing
An unrivaled network platform for the secure, efficient exchange of critical company, partner, and product master data across a diverse supply network ecosystem
Harmonize product master data across the supply chain
TraceLink Master Data Sharing enables companies to securely publish, retrieve, and share product, company, and partner master data across supply networks. This enhances supply chain performance and ensures compliance with pertinent regulatory mandates, such as product identity verification requirements. With Master Data Sharing, you cans:
- Retrieve, publish, and verify product, company, and partner master data
- Share accurate, up-to-date product easily with trade partners
- Standardize access to critical master data sharing through a central hub
Inaccurate master data jeopardizes operations and compliance
Master data is critical to the success of today's supply chains. Inaccurate and inaccessible data result in misalignment and errors across shipping, receiving, returns, inventory, and verification processes. Data management and sharing challenges include:
Access to accurate master data
Time-consuming, costly integrations are required between each trade partner to ensure access to accurate, up-to-date company, partner, and product master data.
Disjoined data sharing practices
Lacking enterprise system integration, companies resort to sharing data via spreadsheets and email, resulting in misalignment and errors that impact critical operations.
Control over data access
Manual master data sharing and data management practices can also to security issues, given the lack of controls around data access and user configuration.
How Master Data Sharing drives secure, efficient exchange of critical master data
- Support trade partner business and regulatory operations
- Implement product verification at pharmacies and hospitals
- Facilitate business and logistical operations
- Improve network management of product status