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Utopia Global unveils data governance solution for retail

29 Jul '19
3 min read
Pic: Utopiainc
Pic: Utopiainc

Utopia Global has released the new SAP master data governance, retail, and fashion management extension by Utopia available on SAP S/4HANA 1809. Utopia Global is a leading software and services company for end-to-end data quality, data migration, and data governance solutions. Utopia helps operating a business with clean, accurate, and actionable data.

New functionality in SAP master data governance, retail, and fashion management extension by Utopia available on SAP S/4HANA includes retail mass processing (RMP) of multiple articles in one change request; easy excel upload to create and enrich existing change requests with the ability to separate out articles into a separate workstream; and faster data enrichment via Excel upload and onscreen mass maintenance features. The new version 9.2 is compatible with latest S/4HANA 1809 and previous releases, according to a press release by the company.

The management of article master data has been a major pain point for retailers due to inefficient and manual processes. As the amount and detail of this data is constantly increasing with multi-channel retailing, this poses a significant challenge for IT organisations to keep it accurate and consistent across systems. As a result, master data records are often duplicated, inaccurate or out of date. SAP master data governance, retail, and fashion management extension by Utopia allows retailers to bring new products and services to market faster and deploy an omni-channel experience while reducing IT master data management costs.

The latest release gives users the ability to manage data in one simplified environment, while offering tools that aid in the creation, enrichment and standardisation of retail master data. By providing a predefined data model in a central repository, users can establish and enforce standardisation in the same environment as master data for finance, materials management, supplier, and customer relations. The predefined model for article master data objects covers key attributes such as merchandising categories, article hierarchies, bills of materials, basic and purchasing views, while role and function-based field settings allow for optional process support.

“Every retailer faces the challenge of streamlining retail processes and lowering costs. For the first time, SAP customers have an easy and integrated way to address this issue by leveraging functionality within their SAP MDG system and expanding on it through a platform built to significantly improve productivity through end-to-end data creation, management and governance,” Martin Printz, global director of retail solutions at Utopia Global said.

SAP master data governance, retail, and fashion management extension by Utopia for SAP S/4HANA is a part of Utopia’s growing portfolio of SAP software for the retail industry and is a commitment to helping retailers address their biggest master data challenges. (GK)

Fibre2Fashion News Desk – India

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