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Retailer: Simplify your processes with the Conversion Hub

4-8-2024
Reading time 1 minute
In today’s fast-paced retail environment, the ability to efficiently manage and utilize product data has become a critical component of success. Traditional methods like Excel spreadsheets are proving to be cumbersome, inefficient, and error-prone. Conversion Hub presents a completely new and modern solution, allowing retailers to effectively collect, convert, and manage data from various sources, including suppliers and datapools. This innovative platform revolutionizes how retailers interact with data by offering a structured and efficient system for collecting and processing data.

How retailers can achieve efficiency and better data with the Conversion Hub

Conversion Hub uses advanced technology to streamline data collection, conversion, and management. Its comprehensive components like the Data Mapper, Data Collector, Data Converter, and Data Processor simplify data integration and enhance the accuracy, quality, and usability of data. This article explores how each component of Conversion Hub works together to simplify the data management process from collection to integration.

 

 

Explaining the solution: A detailed look at Conversion Hub's components

To fully grasp how Conversion Hub enhances retail data management, it's crucial to delve into its specific components and how data flows through the system. Each component plays an essential role in streamlining the data handling process, from the initial mapping to its final use within internal systems. Here, we detail the steps involved in transforming raw supplier data into actionable business intelligence, ensuring retailers can maximize efficiency, compliance, and data quality throughout their operations.

Data mapping and collection

Retailers begin by utilizing the Data Mapper to specify their exact data requirements, ensuring both customizability and relevance. The Data Mapper adheres to industry data standards like GS1 and ETIM, ensuring compliance and up-to-date formats without manual intervention. Once the desired product data structure is established, it is automatically propagated across the suppliers’ data supply channels through the Data Collector and Converter, enhancing consistency and accuracy.

Data input and conversion

Suppliers not integrated into the Conversion Hub platform manually input their data into the Data Collector, which serves as a product information portal. Conversely, suppliers integrated with Conversion Hub can directly feed data into their systems, where it is automatically converted to fit the required structure, thus simplifying the integration process. Data from both the Data Collector and the supplier’s Data Converter then seamlessly flows into the retailer's Data Processor in the correct format.

Data import and processing

Additionally, data can be directly imported from product information banks such as the Finnish GS1 based datapool Synkka and ETIM based datapools Sähkönumerot, LVI-Info, and Rakennustieto. Once data reaches the Data Processor, it is centralized in one accessible location, where retailers can view, edit, and process it as needed. Retailers use tools for analyzing data types, generating overviews, compiling statistics, managing dashboards, and employing AI to extract meaningful insights while ensuring data integrity and quality.

Data integration and utilization

Finally, data is formatted into the desired structure (e.g., XML, JSON, BMEcat, API) and automatically routed to critical internal systems such as PIMs, ERPs, or CRMs. This automation not only supports real-time updates but also minimizes the need for manual data handling, thereby boosting overall operational efficiency.

Conversion Hub centralizes data collection on a single platform, enabling customization and compliance with updated standards. This consolidation simplifies processes, enhances data quality, and reduces manual effort, freeing up retailers to focus on strategic growth and operational improvements.

Explore Conversion Hub possibilities with Pimmix

Ready to streamline your data management and unlock new operational efficiencies? Let us guide you through the concept that fits your unique needs and helps you achieve a competitive edge in the market. Read full article at Pimmix.com today to learn more about how Conversion Hub can transform your business:

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