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NEDIS Group Turns Master Data into Unique Selling Point

Partnership with Stibo System ensures quality product data as a basis for growth

READING, UK - 20th March 2014 - Stibo Systems, the global leader in multi-domain Master Data Management (MDM) solutions, has been appointed to assist the NEDIS Group in realising its ambitious growth targets via master data management.

Part of the Swiss Datwyler Group, NEDIS Group is one of the major players in the field of consumer electronics and accessories in Europe. NEDIS owns nine proprietary brands and distributes more than 300 exclusive and licensed brands to 50,000 retailers and e-tailers in 50 countries via online stores and catalogues.

Best-in-class master data is seen as being a crucial component of the Group's strategy to triple its turnover in the next three years. This growth will enable it to offer effective and relevant selection criteria to its target customer base, as well as allowing NEDIS to carry out high quality analysis of its business intelligence.

The implementation of Stibo Systems' enterprise platform STEP will enable NEDIS to create one single source of truth for product master data, leading to improvements in the quality of both existing and future master data. In addition, optimising business processes via STEP's workflows and business rules will provide a basis for structural data exchange between NEDIS and its sister company Distrelec.

Ultimately, STEP will provide NEDIS Group with a basis for offering structured high-quality master data across the supply chain and to its end customers via all modern communication channels.

Jack Breukers, Senior ICT Manager at NEDIS Group, said of the partnership, "Implementing STEP is a key part of building a basis for further growth. The platform's processes and procedures will help us to cement our reputation as the organisation that offers the best and most complete master data across all of its products. For NEDIS Group, our master data will become a unique selling point."

Mark Thorpe, Managing Director, Stibo Systems UK, added, "An innovative product offering and efficient supply chain are essential to success in a business model such as that used by NEDIS, and we believe that we can add great value with STEP. I want to welcome NEDIS as our new customer and am looking forward to a partnership that allows us to support the Group in reaching its growth targets."

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About NEDIS Group
NEDIS Group was founded in 1982 and employs 350 people in 17 countries. The Group is the number two in Europe in the field of consumer electronics and accessories, with nine proprietary brands and distributing over 300 brands to 50,000 retailers and e-tailers in more than 50 countries. NEDIS is known for its value for money, its delivery service and its innovative range of products. Successful cooperation in the supply chain is essential for NEDIS and offers moneymaking opportunities to the company and its partners. The group is part of Datwyler's division Technical Components, together with Distrelec, Elfa Distrelec, Reichelt and Maagtechnic. For more information: www.nedis.nl

About Stibo Systems
Stibo Systems is the global leader in multi-domain Master Data Management (MDM) solutions. Industry leaders rely on Stibo Systems to provide cross-channel consistency by linking product and customer data, suppliers and other organizational assets. This enables businesses to make more effective decisions, improve sales and build shareholder value. During the last 30 years, Stibo Systems has helped hundreds of companies to develop a trusted source of operational information. A privately held subsidiary of the Stibo A/S group, which was originally founded in 1794, Stibo Systems' corporate headquarters is located in Aarhus, Denmark. For more information, visit www.stibosystems.co.uk

Contact NEDIS Group
Jack Breukers, phone: +31 (0)73 599 9602, email: [email protected]

Contact Stibo Systems UK
Fiona Ashdown, +44 (0) 118 359 319 [email protected]

Source: RealWire

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