WBSRocks: Business Growth with ERP and Digital Transformation

WBSP036: Grow Your Business by Fixing Your Dirty Data w/ Susan Walsh

February 15, 2021 Sam Gupta Episode 36
WBSRocks: Business Growth with ERP and Digital Transformation
WBSP036: Grow Your Business by Fixing Your Dirty Data w/ Susan Walsh
Show Notes Chapter Markers

Remember going to a well-organized library or a store where you didn't need the endless merry-go-round to find the product or book you wanted? That's the power of clean data and organized systems. For manufacturing and distribution companies with the never-ending need for balancing control and agility, the task is easier said than done. You might have further challenges if you don't have systems that minimize the data entry or experience significant churn with your team. 

In today's episode, we have our guest Susan Walsh, who discusses how to normalize your product, customer, and vendor data to avoid planning and forecasting issues with your inventory. She also shares several stories where she has been personally involved in cleaning companies' financial and operational data and the impact such activities have had on operational efficiency and growth. Finally, she shares the differences between good vs. bad data and how to stop piling up on bad habits of dirty data syndrome.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Intro
Personal journey and current focus
Perspective on growth
Return issues due to the incorrect data
Impact of classification on forecasting
The process of taxonomy or SKU normalization
The data governance process for the ongoing maintenance
The data training process
The implications of having multiple vendors
Closing thoughts
Outro