When discussing with peers and interested parties about Product Data Lake, some of the alternatives are often brought up. These are EDI and GDSN.
So, what is the difference between those services and Product Data Lake.
Electronic Data Interchange (EDI) is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders and invoices. EDI also has a product catalog functionality encompassing:
- Seller name and contact information
- Terms of sale information, including discounts available
- Item identification and description
- Item physical details including type of packaging
- Item pricing information including quantity and unit of measure
The Global Data Synchronization Network (GDSN) is an internet-based, interconnected network of interoperable data pools and a global registry known as the GS1 Global Registry, that enables companies around the globe to exchange standardised and synchronised supply chain data with their trading partners using a standardised Global Product Classification (GPC).
This service focuses on retail, healthcare, food-service and transport / logistics. In some geographies GS1 is also targeting DIY – do it yourself building materials and tools for consumers.
Product Data Lake is a cloud service for sharing product information (product data syndication) in the business ecosystems of manufacturers, distributors / wholesalers, merchants, marketplaces and large end users of product information.
Our vision is that Product Data Lake will be the process driven key service for exchanging any sort of product information within business ecosystems all over the world, with the aim of optimally assist self-service purchase – both B2C and B2B – of every kind of product.
In that way, Product Data Lake is the long tail of product data synchronization supplementing EDI and GDSN for a long range of product groups, product attributes, digital assets, product relationships and product classification systems:
Find out more in the Product Data Lake Overview.