How Data Entry Is Used in Non-Technology Intensive Industries

How Data Entry Is Used in Non-Technology Intensive Industries

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Data entry can be said to be the most powerful tool for managing information in any business. Data should be handled professionally and put

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to effective use, which can be best done with

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the support of a reliable (800) 670 2809

data entry company. www.managedoutsource.com

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Utilizing reliable data entry services has now become common practice among businesses looking to ensure accuracy and quality of their data. Data entry is unavoidable for almost all businesses. It requires accuracy and organizations need to ensure that the data being fed into the databases is clean and reliable. With data playing a major role in the way businesses handle inventory, customer intelligence, personal scheduling, social media and the internal structure of company management is becoming more and more reliant upon data entry.

Let us examine the role of data entry in businesses outside the circumference of technology-intensive

industries

by

considering

some

standard

examples.

Since

streamlined, reliable data is a major requirement for these organizations, many of them are not only making use of professional data entry services, but also implementing training sessions for their employees in data entry. The nature of data entry for organizations in this sector is unique for each entity.

➢ Museum Management Museums, whether that of Natural History, Science, Modern Art, Aerospace and so on rely heavily on data curation. Their databases involve large volume data and image capture, creating labels and lists, updating annotations and managing loans and other types of transactions. Data entry and management is to be done related to exhibit coordination and documentation, collection cataloging and management, record tracking, museum passes and purchases, member regulation and so on. There may be exhibits worth millions of dollars on loan from private owners or larger museums. Museums have to therefore carefully control information about each and every object in their custody.

Each and every exhibit in a museum has historical and cultural value and data entry is important to preserve the shared knowledge and understand art, science and history.

Here are some of the ways in which data entry becomes necessary for museums: •

Tracking acquisitions as well as removal of exhibits

•

Donor and lender information

•

Cataloging artist’s name, date of creation, identification number, dimensions, components and materials

•

Security information

•

Preservation through digital archiving

•

Maintaining records of object condition

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(800) 670 2809

➢ Restaurant Management The National Restaurant Association considers data entry as a way to leverage today’s technology to turn POS (point of sale) and marketing data into actionable knowledge.

The restaurant industry is highly competitive and surges in food trends can lead to further uncertainty for those in the restaurant management industry. Restaurant management

is

challenging

and

it

requires

proper

planning,

scheduling,

food

preparation, promotion consideration and customer interactions. Customer data is very important to this industry and huge investments are made to collect data regarding customer behavior and their spending patterns so that the right kind of products can be made available.

It would be impossible to maintain the pace of the restaurant without regular data entry, best done professionally with the support of a good data entry company. Accurate data entry and management in restaurants helps to improve the dining experience for customers, increase profits, minimize internal cost and ensure that the business is running smoothly. Data entry is used to compile data regarding following processes: •

Budgeting for food and beverages expenses

•

Product mixing

•

Menu data entry

•

Staff schedule

•

Bar management

•

Vendor planning, payment and orders

•

Table turnovers

•

Managing recipes and inventory

•

Social media tracking and surveys

The above mentioned are some of the

ways in which

restaurants

management can

make use of data entry for improving efficiency and boost satisfaction. With a robust data entry system in place, restaurants can focus on their core function of running the restaurant.

➢ Retail Businesses Retail data includes the data collected about a retail business which can be used to improve the business. Point of sales data, market data, loyalty card data, customer data, supply chain and operations data as well as product data are among this. To achieve an optimum planning balance and operate on a more organized level, retailers depend on data entry for the following:

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•

Tracking inventory , including

stock in warehouse and stock on the floor,

shipments etc •

Organizing

and

tracking

customer

promotions,

preferences,

payment

information etc •

Ordering goods from vendors and suppliers

•

Planning for sales and promotions of sales across specific media sources

•

Budgeting for advertising

•

Pricing merchandise

•

Tracking product purchase based on locations

•

Employment payment and scheduling

The above types of data has to be captured, managed and analyzed. In-store retail analytics will inform retailers regarding the number of customers in their retail outlets, how long they stay there, and their specific interests. Retail analytics out-of-store provides information regarding customer footfall and sources, the success of ad campaigns, and competitors.

➢ Real estate The real estate industry is a thriving sector which generates huge volumes of data. The data includes property valuation details, property listings, sales and commission information, legal files and so on. For many real estate agents, speed is more critical than detail and they do not prefer any admin work. To have the required data at your fingertips and leverage the benefits of organized information, a strong data entry solution is necessary. All the accumulated data needs to be accurately processed for organizations to make informed decisions. Various data entry needs in the real estate sector are: •

Data entry for consolidating customer details

•

Buyer and seller negotiation data entry

•

Data entry for property business merger and dissolution data entry

•

Property documentation

•

Mortgage lending

•

Property insurance

•

Property investment

•

Sales history

•

Commercial assessment details

www.managedoutsource.com

(800) 670 2809

Data entry, data analytics and proper management plays an integral part in the success of any business -- technology intensive or not. Here we saw how the retail planning, art preservation, restaurant management, and real estate sectors need data entry.

Data entry can be said to be the most powerful tool for managing information in any business. Data should be handled professionally and put to effective use, which can be best done with the support of a reliable data entry company. Outsourcing to an experienced company brings you multiple benefits such as minimal administrative burdens, cost and time savings, and ability to devote more time to core business activities.

www.managedoutsource.com

(800) 670 2809