News & Events
This Week in IDEA | August 5, 2009
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Contents
- New IDEA IRD Customers
- New and Improved Benchmark Pricing Service Now Available
- EDIPro Standards Updated to Meet Industry Needs
- Neasha Stephens Joins the IDEA Team
- IDW Hot Fact: How Distributors Store Your Marketing Data
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New IDEA IRD Customers
IDEA announces eight new IDEA IRD customers. Read more about these companies and how you can begin trading with them electronically to expand your business.
New IDEA IRD Customers
IDEA, a 1SYNC Data Pool On-Board Solution (OBS) partner, implements suppliers that subscribe to the 1SYNC data pool using IDEA's IRD CERICOMX® application. IDEA was recently assigned eight suppliers:
- Grace Beauty
- CMT USA
- Folsom of Florida
- Happy Shirts
- DenTek Oral Care
- Innovative Procurement
- Lackmond Products
- Bimini Bay Outfitters
These companies will be trained to use IRD CERICOMX®, an IDEA branded product for supporting and uploading supplier product information into the GS1 Registry® and GDSN via the 1SYNC Data Pool.
If you would like to find out more about the CERICOMX® product, please contact , IRD Product & Customer Support Manager, at .
New and Improved Benchmark Pricing Service Now Available
Distributors have a new database and service available to them through Industry Data Warehouse (IDW) called the Benchmark Pricing service. IDEA’s new Benchmark Pricing service reflects feedback from many industry experts and was proven beneficial via a beta test cycle.
This service provides transactional data for brand-neutral items and is used to simplify and speed up the sales process between a distributor and their customers for items such as conduit, fittings, hardware and building wire. The benchmark database has been revamped, expanded, and wherever possible, attributes are populated according to industry-approved standards. Furthermore, new attributes have been added to make benchmark pricing data easier to search, track and utilize.
All of the key fields used for purchase and sales orders are included in the service. Some examples include: unique product key, catalog number, packaging, published pricing, product categorization fields and short and long descriptions. Distributors use this kind of data as the starting point for preparing quotes for their customers - speeding up the sales process.
The beta test cycle ensured that data attributes, pricing levels and added content meet the industry’s requirements. Here are the top benefits you can expect from our new and improved service:
More informative and useful descriptions
- Two types of descriptions tailored to your ERP system
- Short Description field (35 abbreviated characters)
- Long Description field (80 characters)
- Only IDEA Standards Committee (ISC) approved abbreviations (from the ISC “Descriptive Field Guidelines”) were used for the descriptions (Note: This document is located on the IDEA Portal)
- Non-technical administrative staff at distributor company or their customers can easily identify items sold
- Faster payment when invoices are verified
- Faster order fulfillment with easy to identify items
Modernized database of products
- Expanded the number of items in which we provide benchmark pricing based on industry feedback
- Expanded the types of Items to include popular materials used for commercial and residential construction
- On-going maintenance with frequent updates to both pricing (market price fluctuations will be monitored daily) and non-pricing fields
More robust product categorization fields
- Three types of product categorization fields in IDW’s PDD format are provided including Seller Class Codes, Seller Subclass Codes and United Nations Standard Products and Services Code® (UNSPSC®)
- Twelve Seller Class Codes are used as hierarchical categories for a more detailed set of categorization found in the Seller Subclass Codes
- UNSPSC codes have been reviewed and reflect the current GS1 US standards
- All product category codes provide multiple ways to filter data which enables data analysis of customer sales, employee purchasing history and the information you need to grow sales and save operational costs
More choices for unique keys to use within your business system
- The Benchmark Pricing service includes two types of unique keys which are different from other services
- Customers can use a unique 12-digit number (which includes the UPC check digit) that can be used internally within the distributor’s system as the private unique key
- Two other unique keys provided for every item in the IDW
- IDW Index ID which is a 10-character field
- Catalog Number which is a 5-character numeric field beginning with a “B”
The new Benchmark Pricing service is available at no additional cost to IDW customers, but you must request to be set-up to receive the data.
In order to facilitate use of the benchmark data, we will link your current file keys with the unique indexes now available. Please contact John Etrie at to start the conversion process.
Tags for this post: idw pricing data benchmark data
EDIPro Standards Updated to Meet Industry Needs
The IDEA Industry Standards Committee (ISC) recently published revisions to the EDIPro ver4010 transaction standards. These standards were revised by the B2B Subcommittee to meet the business needs of today. These documents are now available for public use on the IDEA Portal.
EDIPro ver4010 transactions approved in May (live on Portal now):
- 810 Invoice
- 850 Purchase Order
- 855 Purchase Order Acknowledgement
- 856 Ship Notice/Manifest (Advance Ship Notice)
EDIPro ver4010 transactions approved in July (live on Portal in by the end of August):
- 844 Product Transfer Account Adjustment
- 845 Price Authorization Acknowledgment/Status
- 849 Response to Product Transfer Account Adjustment
Download these new Standards on the IDEA Portal >My Training and Support>Standards.
Neasha Stephens Joins the IDEA Team
Neasha Stephens, formerly of the Alexandria Community Services Board, joined IDEA this month. Stephens will assume the role of Accounting Assistant. Stephens will join the Finance and Administration department as the Accounting Assistant. Her primary responsibilities include accounts payable, collections, receptionist and other administrative duties. Stephens will be the first point of contact for all general IDEA calls and office visitors. Neasha can be reached at .
Welcome to the IDEA team!
Tags for this post: employees neasha stephens
IDW Hot Fact: How Distributors Store Your Marketing Data
Distributors present marketing content to their customers either by linking to your website or by storing your marketing content on their own web server.
Linking to your website (most popular and preferred method) – Industry Data Warehouse (IDW) will accept marketing data in the form of URLs that link directly to your website. The distributor presents this content to their customers or inside sales reps through their e-storefront systems, which link to your website behind the scenes.
Storing content on their web server - If you directly provide your trading partners Catalog data files for storage on their servers, IDW will accept a file name for that direct content to help the distributor correlate it to a specific SKU.
Note: IDW will not directly load Catalog files onto its servers, except for images as explained in a previous hot fact. “Catalog Description” is the only direct field IDW accepts.
Tags for this post: idw hot facts marketing catalog data