In this video, Miriam Molino from Stibo Systems reveals how leading manufacturers overcome challenges with centralized data, AI, and smart workflows.
Stibo Systems Platform consolidates datasets from various sources into a single source of truth, giving manufacturing companies a comprehensive perspective of their product information and production processes. This comprehensive visibility transforms operational efficiency by ensuring data consistency across the organization.
By integrating and standardizing quality data from different systems and sources — including legacy systems, cloud platforms and enterprise software applications — manufacturing companies can be sure that all departments are working with consistent and up-to-date information. Clear data visibility reduces errors and redundancies, streamlining processes and fostering better teamwork across the entire organization.
Consolidated data provides reliable insights for forecasting, advanced analytics and reporting, all of which support better decision making.
Having a unified data approach not only improves product lifecycle management but also helps in meeting compliance and regulatory standards more effectively, thereby boosting overall productivity and competitiveness in the market.
Automated workflows are crucial for optimizing data management solutions. They help ensure that the quality, accuracy and reliability of your data strategy is incorporated into your business processes. By integrating data governance policies into workflows, data validation checks can be performed in real time and data updates can be seamlessly shared across all systems. This accelerates data processing times and ensures that all stakeholders have access to accurate and up-to-date information.
With automated workflows, risks created by human error are reduced at the point of entry, thereby preventing errors from being replicated and compromising data accuracy and reporting downstream.
Stibo Systems Platform employs advanced encryption techniques to secure data both at rest and in transit, ensuring that confidential data such as intellectual property, supplier information and customer details are protected from unauthorized access and breaches.
By enforcing strict access controls and authentication protocols, only authorized personnel can access and modify critical master data, thus reducing the risk of internal and external threats. This not only mitigates security risks but also enhances the integrity and security of the entire master data ecosystem.
The platform also provides comprehensive monitoring and auditing capabilities that help manufacturing companies detect and respond to potential security incidents promptly. With Stibo Systems’ master data management, you can rest assured that all data interactions and changes are logged, creating an audit trail that enables your organization to track data usage and identify suspicious activity.
By ensuring data consistency, accuracy, and governance, MDM helps manufacturers protect their valuable data assets, support compliance with industry regulations, and maintain trust with their stakeholders. When integrated with other enterprise systems, MDM provides a strong foundation for secure data management, enabling manufacturers to mitigate risks related to data inaccuracies and regulatory non-compliance.
With Stibo Systems Platform, manufacturing companies can define multi-level product hierarchies so that all related product information is systematically structured, from broad categories down to individual SKUs.
This hierarchical organization simplifies data management, making it easier to navigate complex manufacturing processes and product portfolios. This gives all stakeholders a clear understanding of product relationships and attributes.
The platform’s product hierarchy tools make reporting and analytics easier with better data segmentation and organization. manufacturing companies can create detailed reports and insights at any level of the product hierarchy, helping with planning and decision making.
Updating and managing product hierarchies keeps your product details accurate and up to date, helping to improve inventory management.
Stibo Systems Platform addresses the manufacturing industry’s need for compliance and regulatory oversight by centralizing and standardizing compliance-related data. This approach allows manufacturing companies to efficiently track data quality metrics, manage documentation and improve product quality, which are essential for increasing customer satisfaction.
By centralizing and standardizing compliance-related data, manufacturing companies can maintain accurate records, track regulatory changes and ensure all necessary documentation is up to date and readily accessible for audits and inspections.
The platform provides powerful tools for data validation, verification and audit trails, which are crucial for demonstrating compliance with regulations such as ISO standards, FDA requirements and environmental guidelines. This not only enhances the efficiency of compliance management but also minimizes the risk of non-compliance penalties.
Stibo Systems Platform allows manufacturing companies to adhere to various industry standards and exchange formats through effective data management and robust data integration capabilities. Its support includes:
The scalable and flexible platform further supports efficient data management and compliance with standardized template management and creation, workflow automation and the integration of machine-learning and AI technologies. This is particularly valuable for initiatives focused on streamlining operations and improving compliance with industry standards.