It’s easy to become overwhelmed by the amount of data your company has – transaction data, freight files, rebates, contract data, discount files, competitor information, inventory reports, product catalogs, etc. – leaving you with more questions than answers. Ideally, your data should eliminate unknowns, showcase the strength of your business, and uncover value creation opportunities. Having this commercial clarity yields increased interest in and competition for your business, driving a higher valuation and rewarding you with higher multiples.
To help set you apart and demonstrate commercial excellence through good data, we’ve compiled Four Ways to Ensure Your Data Drives Multiples:
- Organize data to increase speed to impact
- Drive segmentation into your commercial strategy
- React to changing market conditions
- Maximize the effectiveness of technology and tools