Bad data continues to plague the electrical industry, costing electrical businesses lost revenue and profits because of incomplete or inaccurate product descriptions, pricing and other information.
The Industry Data Exchange Association (IDEA), Rosslyn, Va., estimates data errors cost the electrical industry $1.2 billion annually, and that if electrical businesses synchronized their data properly through the IDW, it could add 1 percent and 0.75 percent to the bottom lines of manufactu
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.