Are you tired of mapping prices from hundreds of sources into your master price file? Record by record, week after week, year after year… They seem to be never-ending! One wrong entry, and it could become a domino effect of inconsistencies, all in the blink of an eye. However, it is also not practical to reiterate standardization of format to suppliers, taking into consideration the dearth of time and other resources.
But there’s no getting around this either. Price file mapping is a crucial part of business operations. Without standardized formats, companies cannot sell their products efficiently, for ecommerce websites only allow for specific formats to be uploaded. Additionally, customers, too, might get confused if they are faced with disparate formats. Moreover, mapping prices also allows companies to make accurate comparisons with their competitors’ catalogs.
The good news is that it need not be done the manual way. This is a task that lends itself to automation because price data is something that algorithms understand. There's a high degree of accuracy when our models are deployed for Price File Mapping.
Apart from standardizing varied data at any scale, dataX.ai can also intelligently detect patterns based on abbreviations, synonyms, contextual similarity and custom rules. What this ensures is that data received from different sources in different formats is all mapped in one Master Price Template, from where the company can access data from all their suppliers in a standardized format and an organized manner.
Automating this process saves both time and manual labour. In fact, our models are also capable of adapting to new supplier data, so our clients do not have to be concerned with putting in any extra effort for this new data.