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Master Data Exchange

A single source of truth for network master data to support accurate and efficient business and supply chain operations

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Product overview

Unify data across your supply chain networks

Create a central repository to store, administer, and maintain company, partner, and product master data that can live in multiple databases and systems across a company and its partners.

Master Data Exchange facilitates the maintenance of this critical information and its exchange between supply chain partners.

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With Master Data Exchange, you can:

Keep products flowing by leveraging common business data attributes across transactions

Build a shared understanding between partners on key data like company identities, business location details, and product identifiers and attributes

Form a necessary platform for business transactions and operational processes

Industry challenges

Understanding the need for standardization

In today’s global supply chain, company, partner, and product master data often lives in silos within a company and across partners, creating challenges in collaboration and product flow, including:

Standardizing data representation

Different data is often used to represent the same company or product attribute.

Standardizing data representation
Safely & efficiently exchanging data

Supply networks lack the ability to efficiently and accurately share master data.

Safely & efficiently exchanging data
Ensuring master data is updated & accessible

Master data often isn’t maintained or refreshed at a needed frequency, leading partners to become out of sync and begin making decisions based on incorrect data.

Ensuring master data is updated & accessible
Minimizing data errors

Errors occur during shipments, and during reconciliation of financial transactions with physical transactions.

Minimizing data errors

Product benefits

How Master Data Exchange drives mutual success

Manage a single master data schema

Populate transactional data interfaces

Support regulatory reporting requirements

Enhance understanding in product & supply operations

Minimize information exchange & maintenance

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Product benefits

Manage a single master data schema

Develop and manage a single master data schema across all global and trade channel requirements, allowing companies to populate only what is required for each country.

For Internal 70

Product benefits

Populate transactional data interfaces

Populate transactional data interfaces with additional data fields that may be required by those transactions before outbound delivery.

Analytics

Product benefits

Support regulatory reporting requirements

Support regulatory reporting requirements with data that needs to be reported to the governments associated with the supply chain transactions.

scaleability

Product benefits

Enhance understanding in product & supply operations

Increase your company's and your supply/trading partners’ knowledge and make better decisions across manufacturing processes, inventory/distribution operations, and supply chain transactions by enhancing systems with critical contextual details on company, location, and product data.

Digital documents

Product benefits

Minimize information exchange & maintenance

Reduce the information that is exchanged in supply chain and traceability transactions by standardizing on key shared business, location, and product identifiers which can be looked up in a master data repository. Reduce business and product data that is pushed to trade partners and must be continually maintained in siloed master data repositories across the supply chain.

Capabilities

Ensure harmonized master data

Master Data Exchange provides extensive capabilities to manage challenging global company and product master data requirements across diverse and complex supply and trade partner ecosystems.

Manage partner master data

Other capabilities

Manage product master data

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  • Manage product master data to inform business and compliance transaction templates, including:
  • GTIN, NTIN, country drug codes, internal material codes
  • Target, export markets
  • Serialization packaging codes
  • Product status, regulatory requirements
  • Product attributes (strength, dosage, UOM, etc.)
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  • Manage company and trade partner master data to facilitate the efficient and secure exchange of critical data, including:
  • Global company identifiers (GCP, GLN, DUNS, CN, CNPJ, CIT, DEA, HIN, etc.)
  • Business types and location codes (corporate, facility, store)
  • Address and license (DEA, distribution, etc.) information
Capabilities_Analytics
  • Ensure supply chain partners have harmonized critical data to support efficient supply chain orchestration
  • Build master data schemes tailored to country and channel requirements, including US DSCSA, EU FMD, Russia, Brazil, Bahrain, China, Indonesia, etc.
  • Validate and enrich compliance or business messages sent to governments or exchanged with trade partners
  • Tailor data management capabilities based processes and preference (XML integration, CSV file upload, UI data entry)
  • Publish trade partner master data to facilitate new connections on the TraceLink Network

Network voices

Building a stronger network

Hear what people are saying about Master Data Exchange.

Hear what people are saying about Master Data Exchange.

It is critical that all network entities from contract manufacturers to downstream customers have a shared view of the truth when it comes to product attributes, location information, and company identities. Without accurate and up-to-date master data exchange, logistics exceptions occur, order issues arise, and financial errors happen with unacceptable frequency.

Dan Walles

Dan Walles

General Manager, Track and Trace/Compliance

TraceLink

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Related resources

See more resources
Case Study: Ferrer | Building a Master Data Strategy for EU FMD

Learn how Ferrer worked with TraceLink to manage its master data for EU FMD compliance.

Get Details
Master Data and Serialization: Understanding the Bidirectional Impact

Learn about the impact of master data, how it ties into serial numbers, and understand why it's…

Get Details
How Do I Prepare Product Master Data for EU FMD?

Learn what product master data you need to upload to the European Hub under EU FMD, and how to go…

Get Details
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Ready for a single source of truth for data?

Contact TraceLink today to discuss how you can leverage Master Data Exchange to better support operations.

Learn more

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