Lanka Product Catalogue is an online product catalogue service, that store and maintain all your product data in a single location. This information will then be shared between vendors.
Benefits of Lanka Product Catalogue
· Share data with present trading partners and enable them to see any changes in real time.
· Keep your data in a single, secure, accessible, reliable location.
· Maintain a high level of data integrity - avoiding duplication, errors and discrepancies.
· Improve data quality with both automatic and process-driven validation services
· Securely share item master information such as GTINs, descriptions, product classifications, units of measure, package contents, key regulatory and funder information and more.
Greater data accuracy and visibility
Less manual correspondence with customers, and less manual updating of data means more accurate orders, shipments and deliveries. With access to more accurate information, you can also make faster and more informed decisions.
Reduced administration
By having a single source of product data, you can avoid multiple data entry and updates, and work more efficiently.
Improved stock levels Through having greater insight into your supply chain, you can avoid problems with stock volumes and supply.
Better trading relationships
Improve on-shelf availability and give your customers access to the details they need, when they need them.
Speed to market
Suppliers increase speed to market for new products.
Safer and more accurate supply
Accuracy of product information is vital in ensuring a reliable and secure supply chain. National Product Catalogue helps ensure a reduction in misidentification of products where the data is used within business and clinical systems. It also provides a foundation for rapid product recalls and precise product tracking.
Reduced costs
By having a single source of master data users benefit from a reduction in order and invoice error rates, invoice claims, and out-of-stock situations in their supply chains.
Improved stock control
Ensures more efficient identification and management of inventory. Use of interoperable data can also ensure improved product traceability, visibility, reporting and reach across industry.