IDEA Offers New Tool to Clean Up Data Errors

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

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