JournoLink uses cookies JournoLink requires cookies to function. You can read more in our Privacy Policy

KOIOS Master Data

Will Cataloguing at Source make data cleaning obsolete?

23 August 2017 09:00

FOR IMMEDIATE RELEASE

The manufacturing industry spends millions of dollars annually in pursuit of accurate and complete (clean) technical dictionary and product catalogue item data. The data undergoes changes in format and content as it progresses through each company in the supply chain, making it difficult to know what spares and replacement parts to purchase and from where to keep oil rigs, aeroplanes, automotives etc… up and running, As a result, end user organisations procure data cleaning services provided by third party specialists to eradicate data errors and omissions.

Cataloguing at source, a radically new approach to quality data management, is changing the entire data cleaning process, and in doing so, has the potential to save the manufacturing industry significant costs and time.

Cataloguing at source means the manufacturer takes full responsibility for the production of their products as well as the accuracy and completeness of their product data in an open and shared environment so that all organisations throughout the supply chain can access it. Importantly, ISO 8000, together with ISO 22745, are the global standards fast becoming the de-facto standards for doing this.

More and more companies, and indeed countries, are becoming aware of the potential of the ISO 22745 and ISO 8000 standards and the substantial benefits that can arise. For instance, as part of Saudi Arabia’s Vision 2030 programme, companies who import manufactured products are being requested to comply with the ISO 8000 standard. Doing so enables the Kingdom to apply the right tariff codes and import duty, whilst allowing their utility and Government organisations to gain the operational benefits of accurate and complete machine readable specifications that cross international borders and languages - and importantly no more expenditure on expensive and time consuming data cleaning services.

Did you know that a G8 country has started to add ISO 8000 compliance clauses to some of their tenders?

Did you know that the UK Home Office is recruiting ISO 8000 skilled people?

Did you know another G20 country is expected to announce their commitment to ISO 8000 very soon, just as Saudi Arabia has done?

Buyers now want to receive data from their suppliers which is open, transferable, exchangeable, multilingual and is compliant to international standards without loss of meaning. Data whose provenance is known and can be easily uploaded into their ERP, Punch Out Portal, and Product Information Management systems.

As more and more buyers seek manufacturers who comply to the ISO 8000 standard, those manufacturers themselves are seeking advice, guidance and support on how to do this. Fortunately, an innovative software company based near London in the UK has the answer.

KOIOS Master Data, based in the UK, have launched a software suite that enables companies to structure their data in accordance with the requirements of an increasing number of multinational companies in the defence, oil and chemical sectors, and the list of companies who will require this conformity is growing.

Following the launch of the pioneering KOIOS 22745 Content Engine and the KOIOS 8000 Technical Spec Converter software, companies can publish a technical dictionary and create an ISO 8000 compliant Product Specification for their products in as little as three days!

Richard Caldwell, Chief Electronics Engineer at 3-Sci, commented “KOIOS is perfect for our needs. We are committed to quality, and that applies in equal measure to the quality of data in our technical specifications as it does to the products themselves. Having an open technical dictionary, and ISO 8000 compliant technical specifications means our customers can be totally confident about the product they are buying and know exactly what the detailed properties and values are, without any mis-understanding or the need to make potentially erroneous assumptions.”

Richard continued, “With an international customer base including clients in the Middle East, it is absolutely imperative our specifications are fully understood no matter where they are purchased. The open technical dictionary with KOIOS 22745 is fundamental to ensure everyone has a shared understanding of our products and their detailed specifications, whilst ISO 8000 ensures we can share our specifications electronically easily and importantly with a full description and in a format that is machine readable.”

Simon Towner, CEO at KOIOS Master Data, said “3-Sci is a great example of how quickly engineering companies can turn their product data into ISO 8000 compliant specifications. On their own, it would have taken 3-Sci months to wade through the ISO standards, interpret them and then write software to create compliant specifications. With KOIOS we have taken all the pain away so that companies can fully meet the requirements of ISO 22745 and ISO 8000 rapidly”

As more and more countries and large international conglomerates adopt ISO 22745 and ISO 8000, the manufacturing industry will have to adapt and satisfy the new contractual clauses appearing in tenders and in the standard terms and conditions imposed by buying departments. It means that data cleaning services as we know them today are going to radically change in the very near future.


Download as PDF | Report this press release


Attached Images


Press Contacts

Peter Eales

Chairman

Tel: +44 (0)23 9387 7599

Email: peter.eales@koiosmasterdata.com

Simon Towner

CEO

Tel: +44 (0)23 9387 7599

Email: simon.towner@koiosmasterdata.com


About KOIOS Master Data

The KOIOS cloud based online community of international manufacturers and distributors is a leading trusted source of manufacturing product information globally making it much easier for businesses to trade internationally.

By ensuring all product data in the KOIOS repository complies fully with ISO 22745 and ISO 8000, buyers can rest assured that the products they find and buy have accurate and complete detailed specifications, where the data sources are well defined and known, and where language constraints are no more.

Manufacturers will increase sales by reaching a large market, and buyers will gain cost-savings and operational efficiency by simplifying how product data is sourced.

At KOIOS Master Data we have a suite of software products that make the transition to ISO 8000 very simple and straightforward for manufacturers. Using our content engine and integrations into partner technology, such as Quiplab and ECCMA, we can have manufacturers complying in next to no time.

koiosmasterdata.com

View JournoLink Profile