Open Masterdata

Open Masterdata stands for the on-demand data supply of the trade with product master data. This replaces outdated master data processes based on DATANORM. Every craftsman can now obtain exactly those items from hundreds of thousands or even millions that he really needs at that moment (on demand). The same applies to the data content. For example, if you don't need logistical data, you don't have to store it on your computer. The processes run in the background via WebServices, which means that every craftsman is perfectly provided for in every process step of his business, but does not accumulate any data waste.

 

Special features of the new standard for product data

  • On demand data supply of the trade for product master data

  • Ability to transfer the full data depth of the industry's data quality policy

  • Modern, WebService-based communication technology

The standard was developed by the German Federal Association of Building Software (BVBS), the DG-Haustechnik and the Central Association for Sanitation, Heating and Air Conditioning (ZVSHK) and is currently in the pilot phase. After completion of this phase, the standard will be available to the public.

Advantages for wholesalers

Target group specific data supply

Craftsman-specific distribution of data instead of Datanorm

Demand-oriented optimization of data flows

Continuous on demand data supply instead of annual overall data distribution

Efficient communication processes

Fully automated background updating of customer data instead of unreliable downloads

Better control of data updates

Current prices in the market and controlled update processes

Advantages for craftsmen

High data quality

Benefit from perfect product information, for example in the area of quotations

Avoidance of redundant data storage

Manage each required master data record only once

Process-compatible data scope

All detailed information about the products you sell and install

Access to interface description

You can request access to the standard documentation of Open Masterdata directly here.

Facing current challenges in the HVAC industry

Open Masterdata / Academy / BauDocs / News / Open Datacheck / Omni Channel Stream / Customer Portal / Supplier Portal / ETIM / Standardization  - 
The current economic situation poses considerable challenges for the HVAC industry. With a general decline in orders and increasing regulatory requirements, innovative solutions and adaptability are more in demand than ever.

The HVAC sector economy remains in negative territory in spring 2024. The main reasons for this are the slump in new construction completions with direct consequences for the order situation and product sales as well as high inflation and the associated uncertainty among many owners and builders, which is leading to delays in numerous renovation projects. Forecasts point to a further decline in investment in new builds, while a slight recovery is expected in the renovation sector. (Source: RAS, edition 06-07/2024, page 19)

What can you as a wholesaler in the HVAC industry do to meet these challenges?

  • Customer centricity through precise data: Only through excellent and consistent product data can you ensure that your customers make the best decisions and opt for your products in the long term. Good data quality always starts at the beginning of the process.

  • Integration of digital technologies: By integrating innovative technologies into your data management processes, you can improve not only planning accuracy, but also the quality of the data and its availability. 

 

 

  • Efficient product data distribution: The implementation of a centralised platform for product data distribution ensures that all sales channels always have access to up-to-date and complete information. This ensures consistency and increases customer satisfaction.

Automated processes and significant added value for your customers can only be achieved in the long term with high-quality product master data and optimised data quality. Improve your product data quality and distribution to hold your own in a challenging market environment. What other opportunities or current challenges do you see in the industry?

Do you have any questions about optimising product data quality or distribution? Then you are welcome to contact us by telephone on +49 (0) 5251 - 1614-0 or by e-mail at service(at)itek.de. We will be happy to help you. 

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