08 July 2004 | Robin Parker
Global eXchange Services has introduced a system to automate the information that suppliers provide to their retail and manufacturing customers.
Product Information Management (PIM) enables suppliers of both business and consumer goods to extract and validate information from their legacy systems and add specific attributes for individual customers.
It also provides synchronised data in different formats, so that an item is classed in the same way throughout global supply chains, and a full history of changes to data catalogues to make users more efficient.
Alex Schumacher, GXS's global director of retail business, said buyers would face significant reduction in administrative work related to item maintenance, as well as improvements in inventory management and forecasting, thanks to greater data accuracy and timeliness.
"Suppliers didn't have a system before, but had multiple systems and processes for organising and sharing information," he said.
"Many of our existing customers are manufacturers. Data accuracy starts with the manufacturers and we have a PIM solution specifically designed for them."
GXS is also focusing on SMEs to build critical mass for its global data synchronisation network. It is working with European Article Numbering organisations in numerous countries to provide online catalogue management and synchronisation services.