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Report. NEMA Board of Governors. November 13, 2004. IDX2. DAC. IDEA Products & Services. Industry Data Warehouse Central Database to synchronize Product, Pricing and Packaging data between trading partners Attributed data being developed to support electronic catalogs, spec sheets
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Report NEMABoard of Governors November 13, 2004
IDX2 DAC IDEA Products & Services • Industry Data Warehouse • Central Database to synchronize Product, Pricing and Packaging data between trading partners • Attributed data being developed to support electronic catalogs, spec sheets • Industry Data Exchange 2 • Private Network for the exchange of business documents, primarily EDI but XML, Flat File, other formats can be passed between trading partners • Industry Retail Database • Certified “data pool” to provide data to the Retail channel via UCCnet (US) & ECCnet (CDN) • Data Audit & Certification • Data quality review and “grading” based on IDW standards/distributor reqmts … data quality is key IDW IRD
Overview – 2004 To Date • 2004 remains positive for IDEA • IDX2 - highly successful product • Over 220 customers, traffic volume up 11% per month • IDW - 145 Mfr’s provide 80% of the 1.7 million records • 78 of 145 are NEMA members • IRD – 22 NEMA manufacturers participating • Profitable business model • DAC – 109 of 145 manufacturers participating • Financially… strongest position in 3 years • 2004 – will be solidly profitable • IDW – Primary focus • IDW remains highest priority • IDW Improvement Plan • Data Sourcing – get all Mfr’s to provide data • Data Quality – 100% participation in DAC by close of 2004 • Design and implement IDW2 by Jan 2005
IDX2 • Market analysis underway • Channel Marketing Group • Assess market/viability of doubling business • Analysis indicates strong potential • Take Advantage of IDX2 strengths • Features and functions • Reliability only 50 hours total outage in 3 years • Rates and Charges – 30-90% lower then other services • Over 60 interconnects/paths with other services • Working with service providers to improve biz models • Improve service to meet new user requirements • Lower IDEA costs and customer rates • Ensure IDX2 continues to be most reliable and cost effective service
IDW – Primary Focus • IDW Improvement Plan • Data Sourcing • End dependence on i2 Trade Service data for ~250 manufacturers • Improve Manufacturer Data Quality • Complete Certification for In-Process manufacturers (45) • Get balance of manufacturers (39) to participate in DAC • Move IDW to next level = IDW2 • More functionality and flexibility for users • Will result in successful and profitable venture • NAED and NEMA matching Funds • Support IDW Improvement Plan • Cover investment in s/w & h/w • Cover new IDEA staff and support for 1 year
NEMA Matching NAED Fund Program • NEMA NAED Funds • NEMA invoice Manufacturers • NAED and NEMA provide funds to IDEA as requirements dictate • Implementation of IDW2 s/w and h/w • Database upgrade and certification • Additional IDEA Staff cost 1 year
Increase Manufacturer IDW Participation Need balance of data direct from Mfr’s, i2 supplies today US Mfr Direct 1,164,198 • IDW Manufacturer DATA SOURCING Plan • Target Manufacturers in i2 TSC first (250). • Target Distributor vendors not in IDW. • Send letter to each manufacturer. • Follow up 1 on 1 contact. • Get NAED and IDEA distributors to contact their suppliers. • All NEMA electrical product manufacturers provide data to IDW i2 336,886 CDN Direct 185,061 305 UCC = 1,145,742 SKUs (Mfr Direct) 296 UCC = 336,886 SKUs (i2 TSC Supplied) 120 CND UCC = 185,061 SKUs (CND Mfr Direct) UCC = Uniform Code Council
IMPROVING DATA QUALITY • Data must be IN SYNC between manufacturers and distributors partner for: • Master Record • Into Stock Pricing • SPA Pricing • Issues with Manufacturer Product Data • Completeness of data • Accuracy of data • Timeliness of data • Most Common problems • Poor descriptions • Dealer 3 equal to distributor cost • Missing categories • Timeliness of data
IMPROVING DATA QUALITY • Results of Data Out of SYNC • Lost Revenue • Wrong Discounts to Customers • Wrong PO prices • Invoice Deductions • Missed SPA Items • Wrong SPA Claims • Solution • Manufacturers: • Data Quality must become higher priority • Must include sales/marketing input • Get feedback from data user • Must obtain Data Audit Certification
IMPROVING DATA QUALITY • Data Audit Certification Program Initiated Nov 2003 • Objective – get all direct IDW manufacturers to complete audit. • Rates 23 data fields/values; provides report to manufacturer. • Facilitates data synchronization between trading partners
IDW to IDW2 Program • IDW2 • Full featured web interface • Ease-of-use • Mapping and transformation • Push or Pull data option • Serve all sectors • OEM, Reps, Distributors, Suppliers, Retail • Core, Extended and Enriched Attributes • Catalog, Images, Tech Data • Reporting and summaries • Schedule • Design and Develop • Oct-Dec 04 • Dec 04 - Jan 05 Test • Jan–Mar 05 Migration • Results • Lower cost, more flexible • Serve all markets
Role in Global Marketplace • IDEA IDW2/IRD is source data pool certified and powered by UCCnet to serve retail market. • Same IDW2 source serves all other mfg channels enabling mfgs to put data in one location to meet all needs Distributors, OEMs. Suppliers, Reps UCCNet IDEA Retail IDW2/IRD
Summary • Continued progress since last NEMA BOG meeting • IDEA organization strongest position in many years • IDW improvement plan in gear • Need your Commitment & Active Involvement in IDW • Get data in IDW if you sell electrical products to or through : • Wholesalers • Other suppliers • Reps • OEMS • Participate in DAC • Benefits: • Lower operating costs for Manufacturers and Distributors • Reduction in Errors, Improved Customer Relations • Ease, Speed & Reliability of Business-to-Business transactions
and enterprise is a joint Learn More and Contact Information 1300 North 17th Street, Suite 1847 Rosslyn, Virginia 22209 (703) 841-3247 www.idea-inc.org Next