maintaining clean product data for customers - lorraine mott, eaton crouse-hinds

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© 2013 Eaton. All Rights Reserved. Our Journey to Platinum: Finding the Gold Nugget Lorraine Mott, Project Lead Ecommerce Eaton Crouse-Hinds EBiz Forum 2013 “Dream it, Do it, Let the Innovation Begin” Orlando, FL

Post on 18-Oct-2014

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Yes, you did it! You provided clean data to your customers. While that's a great accomplishment, the job's not done yet. Keeping data clean is an integral part of dissemination of your product information. This presentation discusses one manufacturer's journey of listening to customers, providing the data necessary, validating and correcting errors through the IDW Master Data Tool (formerly the DMP) and Industry Data Warehouse (IDW), and finally implementing an error-proof process to provide clean data the first time, every time.

TRANSCRIPT

Page 1: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

© 2013 Eaton. All Rights Reserved.

Our Journey to Platinum: Finding the Gold Nugget

Lorraine Mott, Project Lead Ecommerce

Eaton Crouse-Hinds

EBiz Forum 2013 “Dream it, Do it, Let the Innovation Begin”

Orlando, FL

Page 2: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

2 © 2013 Eaton. All Rights Reserved.

What does these two items have in common?

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3 © 2013 Eaton. All Rights Reserved.

Times have changed

Arpit Dhariwal

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4 © 2013 Eaton. All Rights Reserved.

Why Are Distributors Asking for MORE Data?

• Satisfy customer demand

• Enhance existing customer relationships

• Support more sales channels & reach new

customers

• Reduce catalog management and distribution

• Reduce order processing and customer

service costs

• Drive competitive advantage & differentiation

• Speed time to market

Page 5: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

5 © 2013 Eaton. All Rights Reserved.

Voice of Customer

What our distributors are saying:

• Normalize your descriptions, attributes

• Need searchable information

• UNSPSC, long description, images, spec sheets and

attributes will help you differentiate your products on

the features, not solely on the price.

• Print catalogs are out of date sometimes even

before they are published….

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6 © 2013 Eaton. All Rights Reserved.

Why did we make this a priority?

WRONG INFORMATION

and its IMPACT

RISK

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7 © 2013 Eaton. All Rights Reserved.

Negative Impact

• 90% of buyers get lost before checkout

• 33% didn’t find enough product information

• Returns – products that can’t meet expectations

• If your customer can’t find what they are looking

for, or they don’t understand how your product

meets their needs – they won’t buy it!

Page 8: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

8 © 2013 Eaton. All Rights Reserved.

Remember this…..

No Data

No Decision

NO SALE

No Data

No Decision

NO SALE

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9 © 2013 Eaton. All Rights Reserved.

Bottom Line

“Rich, accurate, searchable data can serve as a

catalyst for enhanced customer relationships,

lower selling cost & give stronger competitive

advantage”. - TDWI Research

• Reach your business objectives with best product content

• Increase conversion and lower return sales

• Lower manual processing costs

• Build customer loyalty

Page 10: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

10 © 2013 Eaton. All Rights Reserved.

Where to Start

• DISCOVERY

• What information was required

• What information did we have

• Identify where flawed content is

• Who was responsible for providing content

• Incentives to provide the data???

Page 11: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

11 © 2013 Eaton. All Rights Reserved.

Steps Taken

• Data verification

• Data validation

• COLLABORATIVE EFFORT

• Workflow for creating, reviewing, approving,

publishing & enforcing

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12 © 2013 Eaton. All Rights Reserved.

Success

Requires

Change

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13 © 2013 Eaton. All Rights Reserved.

Things we initiated

• Lockdown the data

• Sharepoint site established

• Created a glossary

• Established a process flow with standard work

• Designed a form for NPN (New Product

Notification), applicable to legacy as well

• Implemented data quality tools of IDW

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14 © 2013 Eaton. All Rights Reserved.

Master Data Defined

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15 © 2013 Eaton. All Rights Reserved.

Field Definitions

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16 © 2013 Eaton. All Rights Reserved.

Description Example

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17 © 2013 Eaton. All Rights Reserved.

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18 © 2013 Eaton. All Rights Reserved.

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19 © 2013 Eaton. All Rights Reserved.

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20 © 2013 Eaton. All Rights Reserved.

CHALLENGES

• Sheer volume and complexity of data

• Creating/gathering data

• Maintaining

• Need a strategy and all responsible parties’ buy in

• Multiple systems and departments have the information

• Ability to handle all forms of information

• Having the solution in ONE place

• This is the task that never ends……

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21 © 2013 Eaton. All Rights Reserved.

Ongoing

• No launches until all data in place

• Addressing acquisitions

• Constant process to keep updated.

• We have complete control over our data – it is

our responsibility to ensure it is accurate

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22 © 2013 Eaton. All Rights Reserved.

What it Will Come Down to

• Need rich info – videos, attributes, images,

360 degree view, unique selling points

• Who has the best descriptions, images, videos

• The companies that INVEST in their data will

have the competitive advantage

Page 23: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

23 © 2013 Eaton. All Rights Reserved.

“Product content management has come to the

forefront as a critical function of ECommerce”

– AMR research

• Companies will reach their business objectives with best

product content

• Increase conversion & lower return sales – customers get

right information

• Lower manual processing costs

• TRUSTED PRODUCT INFORMATION IS THE #1 DRIVER

FOR BUSINESS

Why is this the Right Thing to do?

Page 24: Maintaining Clean Product Data for Customers - Lorraine Mott, Eaton Crouse-Hinds

24 © 2013 Eaton. All Rights Reserved.

Information

closes

the deal

means

more

profit

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25 © 2013 Eaton. All Rights Reserved.

Getting clean and Staying clean

• Data cleansing

• Using IDW, SCA & DAC as master data

management tools

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26 © 2013 Eaton. All Rights Reserved.

CHECKLIST

• Get business buy in

• Develop & implement your standard operating procedure

• Purge old product info – if obsolete greater than 6 mo, remove from IDW

• ONE storage place!!!

• Prioritize products - clean up high sellers first

• Legacy data – attack by product family and use full NPN process

• Normalize – use best practice description white paper, product life cycle,

marketing codes, etc.

• DMP Scrubbing rules – CORRECT ERRORS!

• IDW errors – CORRECT ERRORS!

• DAC – obsolete, duplicates, UNSPSC, unpriced - CORRECT ERRORS!

• SCA – great tool to find inconsistencies

• Send data regularly

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27 © 2013 Eaton. All Rights Reserved.

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