The chemical industry maintains huge amounts of information including product safety, usage, storage and regulatory compliance documentation. When information is spread across various servers, hard drives and physical documents, finding the right information or the right version is nearly impossible. This increases the risk of outdated safety data and hinders your ability to comply with regulatory information requests in a timely manner.
Master Data Management Provides Seamless Data Integration to Help Manage Risk
Master data management (MDM) reduces risk in the chemical industry by providing a centralized and organized repository for critical information, such as safety data and regulatory compliance documentation. By effectively managing master data, companies can mitigate risks associated with outdated safety data, compliance violations, and increased regulatory requests.
Four Ways MDM Reduces Risk
Reduces regulatory risk with automated data ingestion
Establishes one source of truth for regulatory information requirements
Maintains up-to-date safety data in a golden record
Provides visibility into product compliance
Mitigate Risk and Maximize Value
Knowde’s Master Data Management and Data Platform can enable effective risk management by maintaining up-to-date documents from partners and vendors in a single source of truth. This helps you manage risks as well as maximizing value by giving your sales, technical and customer support teams a centralized source of information, allowing them to focus on higher-value activities. Learn more about Knowde’s solutions and start taking control of your product data.
