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IDEA Releases Supply Chain Analytics Tool for the Industry Data Warehouse (IDW)
New tool empowers manufacturers to evaluate and improve product data quality from a distributor’s perspective
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ARLINGTON, VA – The Industry Data Exchange Association, Inc. (IDEA), the official technology service provider and eBusiness standards body of the electrical industry, today announced the release of Supply Chain Analytics, a tool that evaluates a manufacturer’s product data in the Industry Data Warehouse (IDW) based on guidelines and best practices developed by the IDEA Industry Standards Committee (ISC).
“We want to empower manufacturers to measure and improve the quality of their product data and encourage them to provide more robust content to their trading partners. This new tool goes beyond the traditional data validation rules and helps answer the question, ‘is this data useable?’ And if not, the manufacturer can drill down to find out why and correct the specific errors at their source,” said Bob Gaylord, President and CEO, IDEA.
Supply Chain Analytics provides a quantitative assessment of each manufacturer’s product data in the IDW based on critical fields that have been selected and weighted according to their importance to distributors. The manufacturer’s “scores” will be private and only available to them upon secure login.
The tool has multiple views which can be used by individuals with different roles within a manufacturing company. Users can access an executive summary dashboard, drill down to pinpoint specific data quality issues, and export the errors so that they can fix the core problem in their business system.
Rockwell Automation is the first manufacturer to leverage Supply Chain Analytics throughout their business. Hundreds of Rockwell product managers around the globe are now using the tool to proactively monitor and improve their data quality.
About IDEA: The Industry Data Exchange Association, Inc. (IDEA) is the official technology service provider and eBusiness standards body of the electrical industry. The company helps thousands of electrical manufacturers and distributors find the most cost-effective methods for running day-to-day business. IDEA’s applications help connect the supply chain and make business processes efficient, easy and enjoyable for people every day. IDEA was founded in 1998 through a partnership rooted in the collective leadership of the National Electrical Manufacturers Association (NEMA) and the National Association of Electrical Distributors (NAED) members. Their applications also bring value to vertical markets such as industrial, retail, and consumer-packaged goods. IDEA is headquartered in Arlington, VA (idea-esolutions.com).