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Advanced Commerce Modeling
A powerful solution that allows retail trading partners to assess the value of Advanced Commerce initiatives for their organizations.

Taking Matters Into Your Own Hands
We don’t have to tell you how tough it is out there in the world of retail – you live it every day. No matter where you turn, there’s always a new challenge. The big keep on getting bigger, well-known retailers are consolidating, and everyone is trying to protect their turf.  As retailers and suppliers jockey for position, they're looking for ways to differentiate themselves, compete more effectively, and streamline operations.  So it’s no surprise that the industry is moving toward advanced commerce programs such as scan based trading (SBT) and pay on scan (POS) to increase sales, reduce inventory, and improve invoice accuracy.  Maybe you’re trying to determine the value of scan based trading for your organization. Perhaps you’re already participating in pay on scan with your trading partners. But whether you’re considering it or conducting it, you need to make your own assessments about the value of advanced commerce. You need Prescient’s Advanced Commerce Modeling.

Simulating for Success
Let’s say your organization is considering a scan-based trading (SBT) solution, an advanced commerce practice where the supplier retains ownership of the inventory until it scans at the cash register. Prescient’s Advanced Commerce Modeling is the best way to determine whether SBT is right for your organization. With our sophisticated modeling process, you have the opportunity to test the waters first, and gather the necessary information to make an informed decision about SBT.  

Moving to SBT represents a major shift in the way you’ve conducted business previously, and you have questions: 

• What is the financial impact? 
• What business processes will I have to change? 
• What kind of results can I expect?  

We have the answer. It’s Scan-Based Trading (SBT) Simulation, one of the options you have with Prescient’s Advanced Commerce Modeling solution. SBT Simulation gives you visibility into commerce level data, like true SBT, but doesn’t involve inventory buy back or actual invoice generation. The simulation provides a snapshot of the information, and subsequently the value, that you’ll get from an SBT program, as well as how to move forward with SBT.

Auditing for Accuracy
On the other hand, you may already be engaged in advanced commerce initiatives like Pay On Scan (POS) with your trading partners. With POS, inventory buy-back is a done deal – the supplier owns the goods until they are scanned. And, the retailer pays the supplier based on its own POS catalog.  

Even though you’ve made the commitment to advanced commerce, there are some things you still may not know: 

• As a supplier, am I being paid for all authorized items, at the right price? 
• How do I keep my trading partners honest without making waves? 
• Am I satisfied with the existing settlement process?  

Prescient’s Pay on Scan Audit can help supply some of the answers. Our Advanced Commerce Modeling solution utilizes your retail partners’ Pay on Scan catalog information and compares actual settlement to what you think settlement should be. You’ll be able to spot exceptions and discrepancies and take the necessary action to resolve them.

Prescient's Advanced Commerce Modeling Solution
Get a first hand look at the real value of advanced commerce initiatives with the Prescient solution. Validate deliveries and scan sales, simulate invoice data creation to compare actual with estimated payment, and simulate shrink reporting to better track inventory. Gather the information you need to make decisions that will impact the future of your organization.  No matter where you are in the process – still trying to decide or actively engaged – Prescient’s Advanced Commerce Modeling solution gives you the knowledge and insight to make informed decisions … and succeed in the new retail frontier.