ATLANTA--(BUSINESS WIRE)--Spectrum Hardware & Home Improvement (HHI)®, the leading manufacturer of residential locksets, plumbing, hardware and home improvement products under the Kwikset, Weiser, Baldwin, Pfister, and National Hardware brands and a division of Spectrum Brands Inc. (NYSE: SPB), has selected Stibo Systems' award-winning multidomain master data management (MDM) solution to enhance the value it brings to its retail, wholesale, online, and big box customers. HHI will leverage the Stibo Systems STEP platform to support their product information management (PIM) initiative and generate more accurate and organized content to support its customer's multi-channel sales efforts.
“Home Centers & Hardware Stores Industry Profile”
- With over ten global brands and thousands of products in a variety of categories, Spectrum HHI manages a complex flow of information between its product development and sales teams, suppliers and customers.
- By implementing Stibo Systems solution, HHI can quickly present enhanced, comprehensive, detailed information about their products to better differentiate themselves from the competition and create a more satisfying experience for their retail customers and end users.
- According to the First Research report "Home Centers & Hardware Stores Industry Profile", the US home center and hardware store (or home improvement retail) industry includes about 23,000 hardware stores and home centers with combined annual revenue of about $150 billion. According to the study, the profitability of individual companies depends on low-cost purchasing, effective merchandising, and competitive pricing.
"We are constantly looking for innovative ways to deliver higher value to our customers while making it easier for them to do business with us," said Zach Sherburne, CIO and VP of Information Systems, at Spectrum Hardware & Home Improvement. "Managing product information is critical to the success and growth of our customers and by extension our business. We look forward to applying the Stibo Systems’ solution to support our strategic PIM initiative and to help our customers utilize our comprehensive product information to achieve their own competitive advantage."
Stibo Systems Quote:
"Consumers tend to gravitate to the stores that not only offer a large variety of products but also take the time to clearly articulate the product's features and functionality," said Todd Callen, Executive Vice President, North America for Stibo Systems. "Spectrum HHI understands this and is committed to helping their retailers utilize clear and accurate product information in order to improve their profitability and create a more pleasurable shopping experience for its customers."
About Stibo Systems
Stibo Systems gives data direction by providing organizations with a leading multidomain master data management (MDM) solution. Stibo Systems enables its customers to better manage enterprise intelligence on a global scale, improve sales, and quickly adjust to changes in business requirements. Stibo Systems' STEP technology is a flexible, uniform MDM solution that provides a single trusted source of operational information for the entire enterprise. Stibo Systems is a subsidiary of the privately held Stibo A/S group, originally founded in 1794 with corporate headquarters in Aarhus, Denmark. For more information, visit www.stibosystems.com.