Our Fall Wrap Up and Wrangling ESG Data with Multi-Domain MDM
Have you subscribed to our newsletter yet?! ?? In this edition of The Pivotree Pitstop we're highlighting upcoming events, celebrating some high honours, talking about multi-domain MDM to wrangle ESG data, and exploring the importance of enriched product data for digital channel success and how AI is being used to facilitate that. Hit the ? to subscribe now!
MEMA BTC Award Finalists Announced
The MEMA Aftermarket Suppliers Business Technology Council (BTC) has announced the finalists for the 2024 Technology Innovation Award and Pivotree is thrilled to have our SKU Build product recognized for such an honor. The presentations have taken place and the winner will be announced at the 2024 Aftermarket Technology Conference from Oct. 13-15 in Clearwater Beach, Florida. Learn more and register for the conference at MEMATech.org .
AAPEX/SEMA Event in November
Another conference we’re looking forward to attending is the SEMA/AAPEX show November 5-7 in Las Vegas . Hoping to see you at our pre-event Jeep off-road adventure with Fluent Commerce , as well at the Stibo Systems booth.
Up Next: ESG-Centric Data Management
One of the primary challenges facing the automotive and heavy-duty industry is the growing complexity of regulatory frameworks, particularly concerning emissions standards. With regulations such as CARB (California Air Resources Board) imposing strict guidelines on exhaust systems, companies must navigate a labyrinth of legal requirements to ensure compliance. Moreover, the granularity of these regulations is increasing, with distributors and retailers facing restrictions at the state and even county levels. For instance, the ability to sell products legally may vary based on the specific location, necessitating a more nuanced approach to data management.
Leveraging Multiple Domain Master Data Management
To tackle the complexities of regulatory compliance and sustainability in the automotive and heavy-duty industry, companies can adopt a multidomain approach to master data management. By integrating product domain data with location-specific attributes, businesses can streamline their operations and ensure adherence to regulatory requirements. For instance, product data can be tagged with relevant attributes, while location data can specify regulatory restrictions applicable to each site. This allows for real-time decision-making, enabling companies to withhold or flag products based on the regulatory environment of the intended destination.
领英推荐
Embracing ESG principles in data management not only facilitates regulatory compliance but also drives sustainability initiatives and fosters responsible business practices. By implementing robust data management strategies, companies can minimize their environmental footprint, reduce operational risks, and enhance brand reputation. Additionally, effective data management enables better transparency and accountability, crucial components of ESG reporting and stakeholder engagement.
Leave a comment if you want to get an advance copy of our upcoming white paper, A Multi-Domain Approach to Navigating Regulatory Complexity and Emissions Restrictions.
Other Recommended Reading
?? Download: Avoiding the Pitfalls of Poor Quality Product Data to find out how you can manage large product catalogs efficiently to better meet market demand.
?? Article: Read an interview with Aftermarket News about how Pivotree facilitates buying in the B2B Automotive Aftermarket space .
Because the use of AI and ML in product content creation and maintenance will only continue to accelerate and it will be important for all types of businesses to take advantage of the opportunity this eBook, written by our Director of Product and Architect of SKU Build, explores some best practices:? Harness AI to Power Product Content Creation.
Enjoy,
Sam?