![banner-image](https://www.tracelink.com/sites/default/files/2024-02/Master%20Data.png) Products ## Breadcrumb 1. [Home](/) # Master Data Exchange A single source of truth for network master data to support accurate and efficient business and supply chain operations blue 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. Contact Us Contact Us document.addEventListener("DOMContentLoaded", function() { // Delay the execution by 2 seconds (2000 milliseconds) setTimeout(function() { (function() { 'use strict'; // Load Marketo form MktoForms2.loadForm("//go.tracelink.com", "776-BAW-230", 2259); })(); // Wait until the Marketo form is loaded MktoForms2.whenReady(function(form) { var formElement = document.getElementById('mktoForm_2259'); if (!formElement) { console.error("Form with id 'mktoForm_2259' not found."); return; } var formLocation = formElement.querySelector("input[name=formLocation]"); // Get the current URL and set the formLocation field if (formLocation) { var currentURL = window.location.href; formLocation.value = currentURL; } // Add onSuccess handler form.onSuccess(function(values, followUpUrl) { var formElem = form.getFormElem()[0]; if (formElem) { formElem.style.display = 'none'; } else { console.warn("Form element could not be found to hide it."); } var confirmMessage = document.getElementById('confirmform'); if (confirmMessage) { confirmMessage.style.display = 'block'; } else { console.warn("Confirmation message with id 'confirmform' not found."); } return false; // Prevent the form from submitting normally }); }); }, 2000); // Delay for 2 seconds }); **Thank you for contacting us; we’ll be in touch shortly.** ##### 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 version="1.0" encoding="UTF-8"? 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: version="1.0" encoding="UTF-8"? ##### 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 ![data](https://www.tracelink.com/sites/default/files/styles/vertical_drawer_desktop_600px_x_336px_/public/2024-02/For%20Internal%2023_0.png.webp?itok=-hYNdQl8) 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](https://www.tracelink.com/sites/default/files/styles/vertical_drawer_desktop_600px_x_336px_/public/2024-02/For%20Internal%2070.png.webp?itok=-LcOT2WV) 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](https://www.tracelink.com/sites/default/files/styles/vertical_drawer_desktop_600px_x_336px_/public/2024-02/Digital%20documents%202.png.webp?itok=9cLVchjS) 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](https://www.tracelink.com/sites/default/files/styles/vertical_drawer_desktop_600px_x_336px_/public/2024-02/For%20Internal%2010_0.png.webp?itok=stKSVmBQ) 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](https://www.tracelink.com/sites/default/files/styles/vertical_drawer_desktop_600px_x_336px_/public/2024-02/Digital%20documents%205.png.webp?itok=WBWx39_b) 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 ![serial](https://www.tracelink.com/sites/default/files/styles/tabs_component_desktop_574_x_380_/public/2024-02/For%20Internal%2076.png.webp?itok=gm9tlY81) - 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.) Read More Read Less ![serial ](https://www.tracelink.com/sites/default/files/styles/tabs_component_desktop_574_x_380_/public/2024-02/For%20Internal%2031.png.webp?itok=wInLvsYg) - 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 Read More Read Less ![Capabilities_Analytics](https://www.tracelink.com/sites/default/files/styles/tabs_component_desktop_574_x_380_/public/2024-02/Wholesale-Distributor1.png.webp?itok=zinQYejj) - 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 Read More Read Less 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](/sites/default/files/styles/medium/public/2024-02/dan.png.webp?itok=eBPXIr6I) Dan Walles General Manager, Track and Trace/Compliance TraceLink ### Explore related products [ See all products ](/products/product-explorer) [ Serialization ](/solution-suite/serialization) [ Serial Number Manager ](/products/product-orchestration/serialization/serial-number-manager) [ Serialization ](/solution-suite/serialization) [ Serial Number Exchange ](/products/product-orchestration/serialization/serial-number-exchange) [ Serialization ](/solution-suite/serialization) [ Serialized Operations Manager ](/category/serialized-operations-manager) [ Product Information Manager ](/products/product-orchestration/product-information-manager) [ Master Data Sharing ](/products/product-orchestration/product-information-manager/master-data-sharing) [ Intelligence + Analytics ](/solution-suite/orchestration-intelligence) [ Serialized Product Intelligence ](/products/orchestration-intelligence/product-availability-intelligence/serialized-product-intelligence) ### Related resources [ See more resources ](/resources/resource-center) ![](/sites/default/files/styles/resize_image_style_640_480/public/_global-asset/images/insights/flbposter_ferrer-thumbnail.png.webp?itok=kQasJEB-) ##### 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](/resources/resource-center/case-study-ferrer-building-a-master-data-strategy-for-eu-fmd "Get Details") ![](/sites/default/files/styles/resize_image_style_640_480/public/_global-asset/images/insights/for-resources.jpg.webp?itok=1cK4wgX2) ##### 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](/resources/resource-center/master-data-and-serialization-understanding-the-bidirectional-impact "Get Details") ![](/sites/default/files/styles/resize_image_style_640_480/public/_global-asset/images/insights/q-a.jpg.webp?itok=R-XeXN2U) ##### 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](/resources/resource-center/how-do-i-prepare-product-master-data-for-eu-fmd "Get Details") ![network banner](https://www.tracelink.com/sites/default/files/styles/recovery_banner_desktop_1224_x_386/public/2024-02/network%20recovery%20banner.png.webp?itok=FPlXzqcy) ### 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 ](/contact-us)