Data Linked Business Growth

Technology research and consulting company Gartner defines Master Data Management (MDM) as a “technology-enabled discipline in which business and IT work together to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of the enterprise’s official shared master data assets.”
If the four pillars of master data management, namely, migration, consolidation, governance, and access, are done right, the benefits to an enterprise are many.

Here is how the business benefits of MDM are linked to e-commerce business growth

  • Experience operational efficiency and business agility from easy access to customer, product, or services data. Employees can act faster with zero ambiguity. This also improves customer satisfaction.
  • Enjoy improved decision-making from access to streamlined, quality data, which results in revenue growth.
  • Data-driven activity, no complexity, be it for go-to-market activity, supply chain visibility, or any other.
    Identify new opportunities for revenue growth or launch new products and expand the business.
  • Compliance with data regulations and regulatory standards as data is stored securely. An MDM tool also reduces the possibility of expensive data breaches.

Is your e-commerce organizaton struggling with data silos? Every day without an MDM solution results in the loss of potential of your data? Extract maximum value from your data for business growth. Reach out to Navabrind IT Solutions. We will be glad to drill down into the many benefits your B2B or B2C e-commerce enterprise can extract from your data. We have helped a host of customers across industries retail, logistics, manufacturing, education and more, and we can help you too.

With over a decade of expertise in e-commerce solutions, we also help small and medium e-commerce businesses deploy Magento, Akeneo PIM, Odoo ERP and integrate them with your MDM solution. We have also helped our clients in the US, Europe, and India with mobile apps, cloud solutions, complex customizations, and have software developers you can hire.

Related Articles

  • 13 Tips and Strategies that Can Double Your Conversion Rate

    13 Tips and Strategies that Can Double Your Conversion Rate May 29, 2023 Posted by: tony Category: E-Commerce Development No Comments In the highly competitive world of ecommerce, driving traffic to your website is only half the battle. Converting that traffic into paying customers is the ultimate goal.  Whether you’re a small online store or

    May 29, 2023
  • Why you Need the Odoo Secondary Sales Management

    Why you Need the Odoo Secondary Sales Management May 22, 2023 Posted by: tony Category: Odoo No Comments Efficiently managing secondary sales is crucial for businesses looking to maximize their revenue and stay competitive in the market. To streamline this complex process, businesses can leverage powerful software solutions like Odoo. Odoo, an all-in-one enterprise resource

    May 22, 2023
  • Key Benefits of Integrating PIM with Your Odoo ERP

    Key Benefits of Integrating PIM with Your Odoo ERP May 15, 2023 Posted by: tony Categories: ERP Implementation, Odoo No Comments In today’s highly competitive business world, organizations must be efficient and effective to stay ahead of their competition. One way to achieve this is by integrating different business management solutions.  In this article, we

    May 15, 2023

Contact us to know more about our offerings and schedule a call.