PRODUCT
PROVOSO PRODUCT
PROVOSO Product tracks a product’s true performance throughout its lifecycle and assists Product Development, Sourcing, Finance, Quality and Management in making better decisions.
PROVOSO Product
Product ID
Consolidation
Product
True Cost
Scorecard
Product
Performance
Scorecard
Product
Quality
Scorecard
MANAGE PRODUCT IDENTIFICATION AND COMPLIANCE
PROVOSO Product ID Consolidation
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Companies often lose global product visibility.
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Product numbers are often duplicated, which results in the inability to analyze or reference the same product across the enterprise
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Limits the ability to understand cost, purchasing history and / or ordered quantiles
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Results in unneeded and excessive spending having tests completed, missed volume discounts and limited visibility into a product’s sales and true cost.
PROVOSO Product ID Consolidation:
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Collects all available product data for all products
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Creates a Meta Product Data Catalog with all combinations of product identifiers, locations
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Uses a series of data science techniques to create a list of all products with matching product ID’s.
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The list associates all product identifications with the matched products and send a data visualization to the product manager for review.
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The product manager can determine which product id’s are to be included for the matched products.
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A transaction can be executed to update all product master data or, as an alternative, the matched ID’s can be housed in a data store for quick look up from any of the source systems.
Product ID Consolidation increases product visibility, reduces spending on duplicative testing, and improves price leverage with enterprise volumes.
COMPLETE VISIBILITY OF ACTUAL COST FOR EACH PRODUCT
PROVOSO Product True Cost Scorecard
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Many companies lack the ability to track the true cost of a product from inception through sales.
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Product Managers are often compensated based on sell through of product, but it is based on the estimated landed cost
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Actual cost often differs significantly from estimated cost.
PROVOSO True Cost:
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Gathers all product sales, product plan and actual cost data for each product and product family
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Uses a series of data preparation techniques to transform, interrogate, organize and consolidate the data
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Executes a set of queries to generate the result sets
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Builds a data visualization for the user.
PROVOSO True Cost provides:
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Total visibility to the actual cost profile for each product and product family
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Provides customers with the ability to make the best decisions about product strategy and tactics and to optimize product profitability.
VISIBILITY INTO PRODUCT PERFORMANCE
PROVOSO Product Performance Scorecard
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Clarifies the overall performance of a product throughout its life
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Enables Product Development, Sourcing, Quality and Product Managers to better source, design, plan, buy and maintain quality.
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Improves an organization’s understanding of the overall performance of a product throughout its life
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In addition to product sell through and replenishment timing, product quality, margin performance, unexpected costs, and compliance and sustainability are also included in the analysis and reporting
IDENTIFY PRODUCTS WITH QUALITY OR COMPLIANCE ISSUES
PROVOSO Product Quality Scorecard
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Provides a single location to see how and why products are not meeting the defined quality level or are receiving complaints from consumers
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Creates a visualization that shows the customer where their quality issues reside and how they are impacting customer satisfaction and sell through rates.
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Allows the reality-based decision making to maximize sell through and customer satisfaction.
