Our Complete Process service is a combination of all three steps in our Data processing service. It’s not a data analysis tool or comparable to GFK, IDG or others. It is a “closed circuit” system for sales tracking purposes and not for monitoring general market trends – It simply process, sanity check and forwards data to the right recipient.
COLLECTING DATA
Step 1: Concerns the collecting of customer information. Let us do the tedious job – only cheaper, faster and more efficiently.
CLEANING DATA
Step 2: The process of detecting and correcting (or removing) corrupt or inaccurate data to secure correct results.
VISUALIZING DATA
Step 3: Setting the data in formation, making it visually comprehensible, adaptable and usable for relevant statistics.
COMPLETE PROCESS
The final result is a transparent and accurate report, that is cleaned and visualized from A-Z. The report is now adaptable to any statistical implementation or usage, creating new possibilities for growth.
OUR SOLUTION: To avoid a lot of data conversion, column moving and VLOOKUP’s, Vendor 1 usually utilizes its market position to enforce fixed reporting templates. The problem with this is, that the reporting template for Vendor 1 is not the same as for Vendor 2. We solve this by offering resellers and distributors one simple point of reporting for some or all sales and inventory data. The data can be delivered in virtually any format (.csv, .txt, EDI, Excel etc.), and the data supplier instructs ParsePort on who should receive what data once for all. The reseller/distributor can now route requests from vendors directly to ParsePort.
SOLUTION: If we assume that all the sales and inventory figures is delivered to the Vendor in a fixed format, the Vendor now faces the next problem: If it utilizes multiple distributors and these offer the products to the same resellers, there is a chance that Distributor 1 will report selling 1 pc. “XX-YYYY” to “Reseller 1” at a price of 100 EUR and Distributor 2 will report selling 1 pc. “XXYYYY” to “Reseller_1” at a price of 745 DKK. It is the same product and price – with small variances in how it is being reported. WE can easily pass your data on as e.g. Excel – just as we can change columns and headlines to match the vendor preference. Should the vendor at some point want to change their reporting template, ParsePort will just change the export filter and no distributors/resellers will be troubled or affected in any way.
SOLUTION: Even with fixed reporting templates, the vendor still maintains a HUGE workload in doing data cleaning. And as this process is done on vendor level, Vendor 2 will not benefit from any work done by Vendor 1. Now, as we already do conversions and mappings on products, customers, barcodes, currencies, postcodes and much more for a widespread customer base, we can do this centralized before the data reaches vendor level – effectively enabling all vendors to benefit from work done only once.