In the fast-paced world of e-commerce, managing and onboarding product data efficiently is crucial for businesses looking to stay ahead of the competition. Recognising this need, the first intelligent and innovative AI-powered product data platform for the sourcing, preparation and syndication of product data successfully introduced ground-breaking new features to facilitate product data onboarding. Here's how retailers, suppliers, manufacturers, and brands can revolutionise their product data management.
Ensuring accurate and up-to-date product information is a constant challenge for businesses operating in the digital sphere. Traditional manual data entry and processing methods are time-consuming and prone to errors, leading to product listings, pricing, and specifications discrepancies. In a world where consumers demand accuracy and transparency, companies worldwide must be innovative and aware of how customer satisfaction impacts their digital business. When it comes to data handling costs, many companies have to find new, more robust, and more powerful solutions. Onedot has set the standard in automated product data onboarding with its cutting-edge AI technology since 2014. The platform utilises advanced machine learning algorithms to automate data onboarding, from extraction and transformation to validation and enrichment. In doing so, this highly automated workflow ensures that product data is consistently accurate and up to date.
The Onedot product data platform has been trained with over 750 million SKUs and more than 1000 suppliers. It regularly achieves an unparalleled 80 - 95% precision and recall rate. In addition to the powerful ever-evolving AI engine, features like the possibility to chat with suppliers on the platform continue pushing the standard to new levels. Another ground-breaking feature enables Onedot users to upload product catalogues and initiate product data onboardings independently with a few clicks.
What differentiates the AI-powered Onedot product data platform from other providers is the combination of self-service capabilities and a powerful AI engine to process the uploaded product catalogues with automated pipelines. In principle, Onedot's product data platform is designed to convert all supplier or manufacturer catalogues, available in various data formats, directly into an importable ERP or PIM format. Therefore, suppliers don't have to fill out complicated and time-consuming templates. Instead, they can upload their product information in their existing format, increasing their turnover time and revenue.
Retailers benefit from the AI-powered straight-through processing capabilities provided by the product data platform, ensuring that all data types are automatically mapped correctly to the data structure provided by the retailer. Applying feedback to the software-generated mappings is intuitive, and reprocessing the product data, thanks to the apply feedback button, is done with only one click. In addition, the Onedot product platform is cloud-native and can be used headless via the powerful GraphQL API, enabling seamless integration into any IT infrastructure.
Recognising the evolving needs of businesses, Onedot has introduced the self-service option within the product data platform to facilitate onboarding new products. It empowers users to take control of their data onboarding process, allowing them to customise and optimise their product information effortlessly. This is particularly successful because the platform is designed for collaboration. For example, the procurement of product information via the supplier portal is simplified, as retailers and suppliers can exchange information directly on the platform and send or receive targeted requests for information. In addition, suppliers can make their catalogues available on the platform themselves, further reducing retailers' workload.
Thanks to this unique self-service approach, the Onedot product data platform enables businesses to manage their data onboarding independently, significantly reducing the time and costs associated with manual processes. Furthermore, Onedot's intuitive user interface makes it easy for non-technical users to navigate and utilise the platform effectively. The self-service model democratises the data onboarding process, ensuring that teams across different departments can contribute to maintaining accurate product information. Lastly, businesses can make real-time updates to their product information, ensuring that customers can always access the latest and most accurate details. This agility is essential in a dynamic e-commerce landscape.
Onedot's self-service approach to AI-powered product data onboarding is ground-breaking since it combines the power of artificial intelligence with user-friendly self-service capabilities. As the digital landscape continues to evolve, the Onedot product data platform offers a solution that not only meets the current demands of businesses but also anticipates their future needs in the ever-changing world of e-commerce.
