Master data management used to develop online publishing business and achieve vision of becoming the global philatelic trading hub

Master data management used to develop online publishing business and achieve vision of becoming the global philatelic trading hub

AIM-listed Stanley Gibbons Group, the leading name in philately, has selected the STEP master data platform from Stibo Systems, to help develop its online publishing business and achieve its vision of becoming the global hub for philatelic trading by improving its product information management for stamps and philatelic accessories.

The adoption of STEP will provide Stanley Gibbons with an infrastructure to manage the details of more than 2 million stamps held in stock.

Centralised multichannel strategy

Master data from STEP will be delivered to the multiple channels that Stanley Gibbons employs, including to the newly-refurbished flagship retail store at 399 Strand in London; to the many thousands of catalogue pages published by Stanley Gibbons each year; as well as to a new e-commerce platform that is currently being developed. By using consistent content from STEP, Stanley Gibbons will deliver to its customers a seamless and unified trading or investing experience.

Donal Duff, Stanley Gibbons chief operating officer, said: “We selected the STEP platform from Stibo because it has the flexibility to adapt to our changing needs and the scalability to grow with us. With STEP as the central hub for critical product data, we are well-positioned to take advantage of emerging new markets in the Far East, and to develop new brands, whilst simultaneously reducing duplication and errors in data maintenance.”

Mark Thorpe, managing director at Stibo Systems UK added: “The STEP platform will enable Stanley Gibbons to create a single trusted source of information by eliminating duplicate data silos, turning its product information into a strategic asset.”