 Prescient.com > Solutions > Retailer Solutions > Data Synchronization
It Pays To Synchronize
Data synchronization transforms and improves the flow of product information throughout the retail supply chain. Prescient does data synchronization one better because it addresses not only item data, like most other providers … but also price and promotion data. The better the data, the better the flow.
Why should you care about data synchronization? Because if you’re not doing it, it’s costing you big bucks -- $40 billion industry-wide to be exact, in inefficient check-ins, incorrect catalog listings, and long settlement terms.
Prescient Can Help
Prescient is a recognized leader in data synchronization with a robust application:
- Many-to-One. Prescient’s single connection collects data from multiple suppliers in multiple formats, whether or not they publish to the GDSN.
- One Version of the Truth. Your suppliers will like the fact that the data of record is stored in Prescient’s repository. We’re a neutral third party should discrepancies arise.
- Less Administrative Work. Eliminate deductions and invoice reconciliations due to incorrect item, price or promotion data
- More Time for Added Value. Spend less time on redundant manual data entry and more time working on in-stocks and value added in-store activities
- A Solid Foundation. Take the first step toward advanced commerce initiatives such as scan based trading and collaborative promotions.
It’s Sync or Sink
Chances are, your larger suppliers are already doing data synchronization. But what about your small to mid-size suppliers – the companies that don’t have the resources to invest in a global synchronization initiative? How many do you work with? How many total items do they manage? You do the math … the potential for error, miscommunication, and redundant work is mind-boggling.
Prescient is a leader in data synchronization. Let us connect you with your suppliers so you can align...and win...at the store shelf!
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