Post by PiLog Group
34,138 followers
Somewhere in your system, the same product exists under two different names. Nobody caught it. That single gap is often the difference between a smooth product launch and a $12.9 million data quality problem hiding across your SKUs. We put numbers to what changes when article data is actually governed. 30 to 40 percent fewer duplicate SKUs, worth an estimated $1.8 million in annual savings. Time to market improving by 45 percent, cutting collection launch cycles from 45 days down to 25. A 60 percent reduction in article setup time, running 3 times faster than manual onboarding. Return rates dropping 20 percent as accurate attributes reduce customer errors. Safety stock requirements falling 10 to 15 percent, worth roughly $500,000 in inventory savings. Pricing updates executing 3 times faster, and supplier data quality reaching 95 percent accuracy with a 99.5 percent validation rate. A 15 percent lift in online conversion from consistent product data across every channel. None of these numbers come from a single fix. They come from governing the article once, correctly, at the source. Swipe through for the full breakdown. #DataGovernance #MasterData #RetailTech #DataQuality #SupplyChain