Globally, the markets for consumer packaged goods are becoming increasingly competitive with rising pressure on margins and delivery times and the need to accurately label product ingredients and sources. Manufacturers of consumer goods have to manage extensive amounts of information relating to their products, which is often required in multiple languages. A central MDM solution will give these companies control and real-time access to accurate data throughout the digitized supply chain, and increase time to market. At the heart of all these challenges is data, but if companies fail to manage it properly, they will encounter numerous problems.