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The need for data enrichment services
What are the benefits of data enrichment services
The data enrichment process uncovered
What Makes Enrichment with Sharecat Data Services Different?
The value of verified “manufacturer”, “part number”, and “model number” fields in ERP and CMMS systems
Are you ready to transform your data?FAQs - Data Enrichment
FAQs - Data Enrichment
Reliable, straight forward data cleansing services from a proven specialist
Cleansing And Cleaning a Wide Range of Data
How We Do It: The Sharecat Data Cleansing and Formatting Process
Low-Quality Data is a Problem You Can't Afford
Gain a Competitive Advantage With Our Data Cleansing Solutions
Why Pick Sharecat for Data Cleansing
FAQs - Data Cleansing
Data cataloging vs data entry
Reliable data cataloging results in accurate data
What are the benefits of using a data cataloging service?
Data Cataloging: The Sharecat approach
Gain the advantage with data cataloging
Are you ready to transform your data?
FAQs - Data Cataloging
You can't have great data without data standardisation
Data standardiastion is not "one size fits all"
Sharecat actively participates in various initiatives for complex and heavy industries
The Sharecat Data Standardisation Process
Our services help you overcome Data Standardisation Challenges
Benefits of Successful Data Standardisation
FAQs - Data Standardisation
Data cleansing is often neglected, but it is critical if you want to be a great operator.
Sharecat Data Services is one of the few specialised service providers offering comprehensive services for data cleansing in heavy and complex industries. Simply put, we find and fix errors in your information so you don’t have to.
Our techniques are part of a process, optimised over 30 years, that combines the latest technology together with a team of experts who specialise in data cleansing, which means you get your data fixed the first time at a lower cost compared to traditional methods.
Our services for data cleansing identify every single error, inconsistency, and anomaly in your data.
Once we have identified the weaknesses in your existing data, our experts, together with your team, define a plan of action to fix the data that gives you the highest impact. Our team then methodically cleans your data, delivering high-quality data, including loading directly into your systems if you wish.
We typically identify the following types of errors:
Duplicates records – for example, two records in a material master that appear to be for different items but are actually the same equipment or part, but one is listed under a packager rather than the true manufacturer. 
Errors due to lack of understanding of requirements – such as, the wrong equipment class is selected, e.g. control valve instead of on/off valve, resulting in required data fields being incorrect.
Inconsistent and unstructured input – typically varying manufacturer names and equipment descriptions, inconsistent short and long descriptions.Item 1
Item 2
Item 3
Emerson Fisher
Fisher
Fisher C
Fisher Controls
Fisher Controls
Fisher Controls
Incorrect or incomplete input such as:Manufactuer
Caterpliar
Caterpillar
Manufactuer
Part Number
Rosemount
305ITG3A2B21KE7M6T1P8Q4Q8C4C5
Fisher Controls
3051TG3A2B21KE7M6T1P8Q4Q8C4C5
A single lowercase “L” where there should be a number “1” makes the difference between useful and useless data.
(Find out how we prevent this problem in our Cataloguing Services).
Wrong links and references, such as:We evaluate, cleanse and clean a wide range of information that your ERP, CMMS and inventory systems need, including:
Step 1: We review the data structure and standards applied and configure our systems accordingly.
Step 2: We load your existing data into our proprietary tools to quickly process and validate your data. Our system compares the data to the defined required structure, as well as our in-house sources, such as our database of normalised supplier names and known variants, templates of part numbers for established suppliers, and a datalake of over 1 million verified equipment and parts records.
Step 3: Subject matter experts review any items flagged that require further human analysis, such as any items identified as potential duplicates, to correctly classify all errors.
Step 4: A detailed statistical overview of the areas of weakness in your data is created.
Step 5: We review with you the high value focus areas for cleansing together with recommendations, considering the likely impacts the weaknesses are currently causing, to agree a plan of action.
Step 6: We address the focus areas in stages as per the agreed plan. Cleansing both the data structure and the data as needed. Utilising our in-house data sources and tools to quickly correct and deliver high-quality reliable information
Wrong data is often worse than no data.
If you have a CMMS or ERP system, you need to maintain a high level of data quality which can only be achieved through cleansing your data. If your information is wrong and you don’t know, then your CMMS and ERP systems cannot deliver the value they should, ultimately resulting in unreliable output and waste.
Without cleaning and formatting your data you do not have a strong foundation in your operations systems, which leads to:
Poorly managed data negatively impacts revenue due lack of stable production in operations and unexpected delays. Missing information can often lead to the wrong products being purchased, delivered and potentially, in the worst case, installed.
Incorrect data leads to increased costs, financial losses and wasted time and resources in the procurement of items due to missing necessary information. Items with incorrect unit prices will give the wrong value of stocked materials, damaging your business reputation.
Surplus inventory and excess materials are commonly ordered due to duplicate records.
“Dead stock” is also a problem due to items missing links and references and so they are often not found when needed, resulting in unnecessary reorders. Many operators suffer as a result due to stranded capital in excess inventories that range from tens of millions up to, in some cases, billions of dollars.
Without correct data it is impossible for operators to increase the sustainability in their operations through enabling circularity to reuse or recover the highest value in materials and equipment.
Few operators enjoy the benefit of accurate and reliable data that using a data cleansing service gives. The potential improvements are significant and simple to achieve. To give a snapshot, from our experience, most company’s ERP systems are missing key information on ~40% of items purchased.
Our customers stand out from the crowd thanks to the data strength we help them build. Clean, up to date and accurate data gives them advantages such as:
Sharecat isn't the only data cleansing provider out there. But, if you are a company in heavy and complex industries with an ERP and/or CMMS system, then our approach, experience and tools are likely a great fit that can deliver the difference you need. If not, then we probably aren't the right choice for you.
Whether it is a one-off clean-up or longer-term data cleansing service support, we pride ourselves on making the challenge of data strength clear, achievable and simple. You will have a full overview and detailed understanding from having expert support who will tell you clearly what is wrong and recommend what and how you should fix your data to give the most impact to your company, as not all data is worthwhile to cleanse.
It's important to remember that it's not possible to identify errors unless you understand what you are looking at; after all, you wouldn't ask a history teacher to weld a pressure vessel. This is why traditional data entry providers and approaches are often the cause of many problems to be fixed in data cleansing as they do not understand the source data and what it represents.
At Sharecat we have built up a diverse team of experts who understand the details. Combining subject matter expertise together with automation and advanced technology. This means we guarantee to fix problems in your information first time, and we do so at a lower cost.
If this sounds like it could be what you need, then simply click Contact Us now, and we can discuss how we can improve your data quality without uncertainty.
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If you’re ready, we’d love to talk to you to find out if Sharecat Data Services is the right partner to help remove restrictions and unlock value through making your data more reliable and accurate.
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