The Consequences of Businesses Holding Deficient or Bad Data
Business leaders deem data and analytic proficiency to be a top investment priority because of the role it plays in enabling future technologies like the Internet of Things and Artificial Intelligence. However, maintaining data quality is an ongoing problem for many businesses. Confidence in data is often low, particularly when organisations have v ... Read More
August 5, 2019 clean data, data accuracy, data hygieneHow to Maintain Quality Data and Improve Your Inventory Control
One of a business’s most valuable assets is the inventory stock used to generate profits and revenue, however in today’s business environment quality data is now becoming as equally valuable. Quality data is the foundation of operations, inventory control and in driving vital financial decisions. Maintaining accurate, complete and consistent da ... Read More
July 31, 2019 clean data, data accuracy, inventory controlShould Your Business Clean up Bad Data to Help Inventory Management?
When you’re an inventory manager or a business owner, you know that it’s important to have a strong grasp on what’s happening in your warehouse. We know you work hard to keep everything going in the right direction — you implement new policies to track inventory stock, optimise the warehouse layout for shipments, and keep […] ... Read More
July 18, 2019 clean data, inventory management, stock controlIs Your Business Sabotaging Inventory Management with Poor Quality Data?
Data plays a critical role in making sure we have the right information to run a business. But what if that information is leading you astray? Data comes through in prolific amounts these days. When it’s coming from just about every direction, it’s probably safe to say that not all data is good data. There’s […] ... Read More
July 17, 2019 clean data, data accuracy, inventory management, inventory management software, stock controlWhy Poor Quality Data is Hurting Your Business
Data is one of the most powerful components of a business. Information gathering and information sharing can help shape the direction of a business, and it can support both staff and customers. Data is undoubtedly a very formative part of any business and a phenomenally important asset. With data, your business can make better decisions […] ... Read More
July 8, 2019 accurate data, clean data, inventory control, inventory management, inventory reportingThe Data Cleansing Process: Cleaning Up Bad Data
Many organisations invest considerable time and money to implement data collection systems but then fail to continuously monitor and manage the data they collect. Having considerable volumes of data can be counterproductive and does not mean that it is of relevance or value to your business. Reliable data provides better customer insight to ensure ... Read More
July 2, 2019 clean data, inventory control, inventory management, inventory reporting, stock takeTelltale Signs You Are Using Bad Data
In this digital age where technology and software solutions gather and track billions of pieces of information, data is king. Data provides detailed information on which business can base decisions and it enables them to provide their customers with personalised tailored experiences. However, as organisations increase investment in the technology f ... Read More
July 1, 2019 accurate data, clean data, data accuracy, inventory control, inventory management, inventory reportingExcel spreadsheets are passé
Using Excel spreadsheets to manage inventory, financials and business reporting is costing your company time and money. Here’s five reasons why. ... Read More
March 17, 2017 clean data, cloud-based software, Excel spreadsheets, lean inventory, manual data entry