can be a time-consuming process, but unless it is regularly undertaken companies are liable to make poor decisions. In the engineering field, enterprise data management covers a wide field, ranging from up-to-date client and supplier contact details to records and part obsolescence management. Failure in any of these areas can lead to unwarranted expenses, dissatisfied customers and, in the case of environmental compliance, hefty fines.

How Much Can Poor Data Cost Your Business?

Today, numerous companies offer data cleansing services to electrical and mechanical engineering firms. The solutions we at ¿Û¿Û´«Ã½ Technologies offer are a boon to the small businessman, who is often unable to invest in a dedicated department to take care of things like customer data records and . When you have tight deadlines to meet, it’s hard enough to keep up with your engineering BOMs, let alone work out an effective master data management plan for your company records.

In 2010, at Ovum, a firm of independent technology analysts, reported that businesses are faring badly due to poor master data management – a disaster in today’s economic climate. It was estimated that around $700 billion a year is lost in the US alone, through inefficient upkeep of data files.

The benefits of outsourcing your data cleansing problems to a reputable company are obvious. Battling it through on your own can be a very false economy.

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This is an EU directive which is implemented slightly differently by the various member nations, but in general if you are dealing in large or small household appliances, IT and telecoms equipment, consumer equipment, lighting equipment, electrical (and electronic) tools, electrical toys, leisure or sport equipment, medical devices, monitoring and control instruments and automatic dispensing machines then this recycling directive will apply to you. There are exceptions for things like implanted (or infected) equipment, large scale industrial tools that don’t ever move, military products, automotive and aerospace or aircraft products or the oddly described “surface transportation products”.

If your company does manufacture anything that comes into the list of covered products then you need to register as a WEEE producer and you need to provide people who buy your products a means of returning the old items to you for recycling. You also need to make sure you are very open about how you are doing this recycling and cover all the costs associated with this.

One of the easiest ways of doing this, and for most companies this would be the most convenient is to employ an external company who specialize in all the things associated with . They will also be able to advise you on your responsibilities and liabilities so it is worth chatting to one at the very least.

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