PTDA publishes white paper and guideline on rich attribute data content
The Power Transmission Distributors Association (PTDA) has released “Millions at Stake–Do You Have a Strategy Around Rich Attribute Data?” white paper and “Digital Asset Best Practice Guideline.”
Customers rely increasingly on robust content to make a buying decision. Executives are committing financial investment and talented resources to develop data content strategies to capitalize on growth opportunities with their distributor and end-user customers. Millions of dollars of revenue and profit are at stake. At the core of one of these strategies is rich attribute data content.
Research shows product data that is not coordinated between manufacturers and distributors typically leads to data inaccuracy, lost sales, excess inventory, inefficient use of staff time to reconcile price adjustments and delays in new product launches. To help distributors and manufacturers better understand the existing challenges and opportunities for solutions around rich attribute data, PTDA has developed a white paper, “Millions at Stake–Do You Have a Strategy Around Rich Attribute Data?” Additionally, a “Digital Asset Best Practices Guideline” is also available to serve as a practical tool to engage customers, suppliers and stakeholders in an efficient manner.
The “Millions at Stake–Do You Have a Strategy Around Rich Attribute Data?” white paper and “Digital Asset Best Practice Guideline” is available to download for free. Visit ptda.org/RichAttribute for more information.
The Power Transmission Distributors Association (PTDA) is the leading global association for the industrial power transmission/motion control (PT/MC) distribution channel. Headquartered in Chicago, PTDA represents power transmission/motion control distribution firms that generate more than $16 billion in sales and span over 3,400 locations. PTDA members also include manufacturers that supply the PT/MC industry.
For more information, visit ptda.org.