Dead stock: admitting what is never going to sell
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
Data quality has dimensions you can measure — completeness, validity, consistency, timeliness. How to set rules, report them, and fix causes rather than records.
Data quality is usually discussed as a complaint — the report is wrong, the addresses are stale, half the records have no phone number. It becomes tractable when it is expressed as measurable dimensions with rules attached, because then it can be reported on, targeted and argued about with numbers. The alternative is a permanent state of everyone believing the data is bad and nobody being able to say how bad or where.
Fix the cause, not the records. A cleansing project that corrects two hundred thousand rows without changing the form that created them buys about six months. The cheapest data quality work is almost always a validation at the point of entry — a required field, a dropdown instead of free text, a check that runs before the record is saved.
Manufacturing solved a version of this first. Total quality control puts responsibility for quality into every step rather than at a final inspection, with the people doing the work checking it as they go.
Loading a list is the cheapest moment to fix it. A contact import should deduplicate in the source file, carry consent and source across, and drop the columns nobody has filled in for years.
Ettex Records holds the rules, their thresholds, the owner and the measured result over time, so the quality picture is a record with history rather than a spreadsheet regenerated whenever someone complains. Pair it with the data dictionary, which supplies the definitions the rules test against. Ettex does not profile databases, does not run validation over external systems and does not cleanse data — the measurement has to come from wherever the data lives. What this holds is the agreement about what good looks like and the evidence of whether it is being met.
With the data that feeds a decision or a regulator, and with the dimension that is cheapest to measure — usually completeness and validity. Accuracy work without those two in place is guesswork.
Above a certain scale, yes, and the market is large. Below it, most of the benefit comes from validation at entry and a monthly report on a dozen rules, neither of which needs a platform.
The business owner of the data, with the data team accountable for measuring and reporting it. Making the data team accountable for the quality itself is the most common structural mistake, because they cannot change how the data is created.
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
Professional indemnity insurance responds to claims that your advice or work caused a loss. Who needs it, how claims-made cover works, and the gap that catches people who stop trading.
A freight forwarder arranges shipping but does not usually carry anything. What they take on, what remains your liability, and the documents to check before a first shipment.