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Ecolab – Four Keys to Unlocking Content Quality
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Our Presenters
Kerry Young VP & General Manager
Regan Van Tassel Enterprise PIM
Digital Product Owner
Randy Mercer VP Global
Product Management
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Introducing EnterWorks
Empowering Business & IT Users for over 21 years
All-in-one platform for MDM, PIM, and DAM
Only Solution that is a Leader on both the Forrester PIM and MDM Waves
Highest customer satisfaction marks on industry analyst reports
Industry expertise: distributors, manufacturers, retail, hospitality, service companies, and member / buying groups
Strong Global SI & Technology partnerships
Business Mission Enable Our Customer’s Growth,
Efficiency and Differentiation through Exceptional Competency in Data
as Enabled by our MDM Technologies
Complexity Mastered
Master Shared and Application Data for
Business Model Agility
Discrete Views of Everything
Provide a Central View of Data Across Enterprise
Networks
Differentiated Experiences
Leverage Multiple Domains for Combinatorial Precision
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A Division of
51% LICENSES
OUTSIDE U.S.
2,400+ GLOBAL
CUSTOMERS
75+ COUNTRIES
200+ NEW ACCOUNTS
ANNUALLY
22 OF SAP’S TOP 25
CUSTOMERS
48 NET PROMOTER
SCORE
Auto Apparel Oil & Gas Food &
Beverage Consumer Products Retail Pharma Chemical Entertainment
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1WorldSync is the leading provider of product content solutions, enabling more than 25,000 global companies in over 60 countries to share authentic, trusted content with customers and consumers, empowering intelligent choices for purchases, wellness, and lifestyle decisions.
1WorldSync + Winshuttle + Ecolab
EnterWorks by Winshuttle is a Multi-Domain MDM & business process automation solution provider that powers 2400+ brands including Fender, GSK, Thomson Reuters, Mary Kay, IDEA, US Foods, Ecolab, Carhartt, Rich Products, and many more. The EnterWorks platform is highly ranked by industry analysts as a Multi-Domain Master Data Management hub with deep Product Information Management (PIM) and Digital Asset Management (DAM) capabilities. Our flexible platform enables customers to deliver high-quality data and experiences across systems, channels, and audiences. https://www.winshuttle.com/products/enterworks/
Ecolab is the global leader in water, hygiene and energy technologie and services that protect people and vital resources. With annual sales of $14 billion and 48,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and on-site services to promote safe food, maintain clean environments, optimize water and energy use, and improve operational efficiencies for customers in the food, healthcare, energy, hospital and industrial markets in more than 170 countries around the world and 3 million customer locations.
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PRODUCT DATA JOURNEY
Presented by Regan Van Tassel Ecolab Digital Product Owner
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Ecolab – Who We Are and Why What We Do Matters
A global leader in water, hygiene and energy technologies and services
All Our Technologies Combined Saved Over
111.6 Billion Gallons of Water This Year
Equivalent to the Yearly Drinking Water Needs of Over 385.8 Million People
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ECOLAB DIGITAL REALITIES | HOW WE STARTED
Sales Team Focused Org M & A Growth Business and Development Silos
Relationship Driven Value Service and Support
Joined by Innovation and Data
Focus on Merging of Human Capital and Product Offerings Low Investment in Technology
Divisional Control of Digital Unsupported Systems Little Data Governance
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In the beginning | DQ study
1,610 Obsolete GTINs
2,782 Publication Removals Additional discovery of updated products, and target market errors corrected
66 GLNs Impacted
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Opportunities for PIM
1. Product information is scattered throughout the organization Each division and region operates and manages data independently of each other
Multiple data storage locations (databases, SAP, Mainframe, EPIC, spreadsheets) Various platforms and content requirements Siloed solutions to data management issues Minimum or no data governance process (valid values, regular updates, error reporting, etc.)
2. Colleagues spend a lot of time looking for product information Combine data from multiple sources to access full listings Redundant data paths and sources (i.e. multiple lists for same information) Sourcing information for customer facing platforms (portals, websites, data files, apps) is difficult and scattered Some data calculations built into reporting, forms, websites, data files, etc. that is not accessible outside the form fields
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Opportunities for PIM
3. There is conflicting product information, and it’s hard to tell which information is right Various data fields not in a standard repository are kept and maintained on spreadsheets or personal files/lists. These are not governed, updated, or easily accessible Data definitions aren’t standardized or uniform by division or departments
4. Information is stored in inconsistent formats Data is often called by multiple names and has varying character limits (sometimes numbers will include dashes, leading zeros are dropped, description lengths vary, abbreviations used)
5. Discovering mistakes after the sale Loss of cross-selling opportunities due to lack of available data Outdated or missing images Customers expect more personal, relevant, and timely information
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Example of challenge
I need an image
Sales Rep
Marketer
GS1
Other Manager
Schedule Photo Session
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Product vision
Grow Digital - deliver content efficiently and enable operational efficiencies at the global level Sell Everywhere - showcase and promote more products on any channel in any region Be Transparent and Compliant – integrated content designed to help meet regulatory and local mandates Be Flexible - ability to develop digital product content and catalogs for maximum responsiveness Be Global - discover new products and brands from any region to feature and sell, with digital ready content Be Consumer-Centric - rich product storefronts, collateral and trusted product content for sales and e-Commerce
Provide high quality product related digital content to all internal and external facing platforms in a standardized and validated format. This rich and timely product data will be leveraged to increase transparency, drive efficiencies, and increase revenues globally and cross divisionally.
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PIM Organization (example)
Business Product Owner (BPO)
Customer Goals / Problem
“Product Owner”
• Maintain vision and roadmap • Own the business case (value) • Consider voice of the customer • Develop personas and journeys
Digital Product Owner (DPO)
Product Design & Prioritization
“Product Owner Proxy” • Decompose epics
• Write stories & acceptance criteria • Groom and prioritize backlog
• Single point of contact for the team
Delivery Manager
Technical Delivery & Excellence
“The Team”
• Secure coding standards • Design and implementation
• Coding and unit test • Code review and re-factor
Architecture Solution Selection & Design
Quality Assurance (QA) – Independent Testing, QA Automation
Agile PMO – PMLC Process, Scrum Practice, Scaling Framework
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ROOT OF DATA QUALITY ISSUES | THE ‘MIDDLE’ IS OFTEN MISSING…
Strategy (aspirational)
Controlled, Valuable, and Streamlined Data Quality Inputs and Outputs
Technical Solutions Including PIM, MDM, GDSN, etc.
Activity(actual)
Ecosystem Business Model User Capability Scalability
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PIM Challenges
• Establish Enterprise Data Office (EDO) • Define Data Points • Identify Scope of Data Quality • Create Meaningful Metrics • Align Business Model with these Goals • Generate Insights and Create Value
Massive Amounts of Data
What Are We Trying To Manage?
Unclear Definition of Success
Lack of Governance and Ownership
Focus on Numbers and not Customer Outcomes
Challenges in Data Solutions
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ACHIEVING VALUE | BUSINESS READINESS AND CUSTOMER SUCCESS
Manage Data as an Enterprise Asset
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Not IT projects; digital initiatives can’t be effectively measured as “on-time / on-budget”
Success of digital initiatives is defined by the value they create – things like eROI, improved customer experience, higher quality, more sales, higher margin, faster responsiveness, operational consistency, reduced cost overruns
Success is measured at all phases: design, build, deploy, post-implementation
Continuous product lifecycle management extends and creates additional value; feeds product management roadmap
Dedicated org and focus is critical to achieving value; the project development team can’t create the field conditions to drive success; namely focus, leverage, engagement, and accountability
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1WorldSync
Four Keys to Unlocking Content Quality
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01
02
03
04
Are you providing the content the recipient needs?
COMPLETENESS
Are you using the attribute correctly?
ACCURACY
Is this content usable by the recipients?
USABILITY
Are you consistently provide the same content or are you responding to requests?
CONSISTENCY
PRODUCT CONTENT READINESS
Understanding Product Content Quality
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▪ Think about how your systems can help you ensure good data quality ▪ A good system will help support will do the following
— Help you structure your processes with workflow without slowing down the submission process
— Arrange and structure your products so you can develop rules by product type
Key #1 - Create Your Own Data Validations
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▪ Look across all systems — Match Like Data — Look for Overlaps — Develop a clear data model with data owners
▪ When you fully understand where the same information is stored, you can eliminate inconsistencies
Key #2 - Understand Where Your Data Is Stored
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▪ Data Steward is the day to day tactical role that keeps the content moving.
▪ Data Steward is responsible for the following — Keeper of the Data Model — Handles any new data requests — Works with appropriate teams on negative content scorecard — Monitoring Data Quality
Key #3 - Establish A Data Steward
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▪ Data Governance is strategic ▪ Data Governance covers the following areas
— Defines the goal of the data and determines where it will be used. — Looks for opportunities to add additional data elements — Communicates the data governance plan to the whole
organization ▪ Workflow and access policies around the data and how it is
used.
Key #4 - Establish Data Governance
Why Does this Matter to My Organization?
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Where Is Your Product Content Being Used?
Internal Systems
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75% Of Customers Expect Consistent Interactions Across Multiple Channels
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The New Normal
U.S. retailers' online year-over-year (YoY) revenue growth is up 68% as of mid-April
129% year-over-year growth in U.S. & Canadian e-commerce
orders as of April 21
Online conversion rates increased 8.8% in February
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Bad Content’s Impact On Consumer Sales
Cart Abandonment Returns
40%
Returned Online Purchases
Why?
Poor Product Content
Brand Trust
86%
Very/Unlikely Make A Repeat Purchase
Why?
From A Retailer If Provided Inaccurate Product Content
30%
Abandon Online Shopping Cart
Why?
Poor Product Description
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Let’s Do Some Math:
A report by McKinsey states: The average employee spends about 1.8 hours per day
searching and gathering information
5 Days
/week
9 Hours /week
1.8 Hours /day
That’s a lot of time to spend inefficiently!
1.8 Hours /day
Some Not So Fun Facts: Bad Data’s Impact on Consumer Sales
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Download the eBook in Thursday’s replay email.
Reach out to have a discussion about your organization and how you can achieve Product Content Success.
Questions?
Winshuttle MDM & PIM Virtual Conference Join us for Upcoming Webinars in the Everything MDM & PIM Virtual Conference Series
www.winshuttle.com/event/everything-mdm-pim-virtual-conference/
Ecolab – Four Keys to Unlocking Content The Data Whisperer – Master Data as the Foundation of Digital Transformation
July
14 July
15
Week 7: Customer & Expert Insights – Ecolab & The Data Whisperer
Presented by Regan Van Tassel of Ecolab and Randy Mercer of 1WorldSync Presented by Scott Taylor AKA
The Data Whisperer
United Refrigeration – Taking a Look Under the Hood of a Future-Proof Digitization Strategy
The Disruptive MDM/PIM/DQM List – Multi-Enterprise MDM – Learn Key Competitive Strengths and Why Its Misunderstood in the Industry
July
21 July
23
Week 8: Customer & Expert Insights – United Refrigeration & The Disruptive MDM/PIM/DQM List
Presented by Chris Bock, Bill Derr, Berenice Linck, and Mike McAnulty of United Refrigeration and Octavio Perales of Intershop
Presented by Henrik Liliendahl of The Disruptive MDM/PIM/DQM List