Taking Product Data Seriously

Taking Product Data Seriously Why Companies Should Revisit Their Product Data Quality Improving product data quality can ultimately control costs, manage vendor risk, and improve the quality of goods and services 90% 80% Of companies lack confidence in their data Of enterprise data is unstructured 75% 50% Of companies cannot agree on format for standardization Sales are lost due to out-of-stock merchandise Regulation and Compliance Large Emerging Market Require retailers to improve data management Growing problem for retailers Industry Spotlight: Automotive The automotive aftermarket business can save $1.7 billion from accurate product data Sources: Information Management, TDWI, EcommerceAndBtoB.com, IT Business Edge Data Ladder Get the most cout of your data