The National Association of Electrical Distributors (NAED) board of directors unanimously voted to issue a resolution emphasizing the importance of manufacturer-provided net pricing and enriched product data, including photos, in the Industry Data Warehouse (IDW2). The NAED Board encourages manufacturers to deliver this data to the industry-owned database, administered by the Industry Data Exchange Association (IDEA), to enable NAED distributors to sell more products and drive cost out of the supply chain.
The IDW2 is a centralized data repository of electrical manufacturer-managed product, pricing and supply chain data. Net price is the absolute lowest price that the distributor pays for a product that goes into stock. It does not include special or job-specific prices. With the launch of its latest version, the IDW2 has the capability to store net pricing and enriched product data and images.