Select your font size 
 
about us products & services consulting & support news & events contact us
Volume merchants use data-mining techniques to get the upper hand in client and supply chain management. New technologies have the potential to level the playing field for consumers.

Data-Mining for Transaction Patterns - Ohio

print this article 
 

High-volume merchants, including Walmart, Safeway, Save-on Foods, and others, have already implemented programs to learn more about their clients. Each transaction is stored in a database, where each client should have a unique number. Client participation is encouraged by providing benefits such as lower prices or better credit terms.

Initial, fairly innocuous, applications for the resultant data sets included optimizing the supply chain by arranging for lower inventories, automatically creating purchase orders for just-in-time (JIT) delivery of merchandise, tracking and managing spoilage, and maintaining year-to-year performance statistics.

More controversial applications have included measuring and reacting to the profitability or transaction patterns (favourable or otherwise) of clients. In other words, just as large, nationally regulated, databases are maintained to keep track of credit relationships between lenders and borrowers, which are now used by lenders to grant preference to more profitable and/or less risky borrowers, retailers and high-volume merchants are applying private and mostly unregulated databases to ordinary transactions such as purchases and returns of merchandise.

Several of the methods used by high-volume merchants to maintain customer data lack the property of being able to uniquely identify the client responsible for a transaction. For example, some vendors allow clients to use telephone numbers to get better prices, since it is easier to give a telephone number than to carry a special card. These systems, while sufficient for understanding broad trends and usage patterns, are insufficient for any true accountability, because the telephone number can be guessed easily, and there is no verification that the person making the purchase actually owns that telephone number. Such a system would not be a good candidate for the kind of industry-wide information sharing used in the credit industry.

Kroger stores in North America, and the METRO Group chain of grocery stores in Germany, are two examples of businesses which now use biometric data such as fingerprints to uniquely identify their customers. By taking this step, and acquiring appropriate permissions from their clients, grocery store chains could truly realize the benefits of sharing customer data.

And what are these benefits, one might ask? For instance, the best clients could easily be identified, and better purchase terms (prices, availability, or credit terms) could be offered to these clients. Conversely, clients with unprofitable transaction patterns could also be identified and discouraged from engaging in these patterns. For instance, customers who only purchase loss-leaders, or who routinely purchase clothing only to return the clothing a few weeks later.

Based on the above, it is easy to see that from the consumer point of view, the merchants who are maintaining databases against them seem to have several unfair advantages:

  1. Access to information in database format. This enables the merchants to discern patterns that are not easy to detect when the information is scattered.
  2. Lack of effective regulation that ensures that the information is accurate. Despite privacy laws such as PIPEDA in Canada, it is very difficult to keep track of all of the databases being maintained by merchants, and it may be economically impractical to conduct detailed audits, even of individual accounts.
  3. Merchants have an up-to-date transaction database spanning a large set of clients, but clients would not have a similar kind of database spanning a large set of merchants.

Most Recent Website and Regional Updates

 Research Tools
Measure human resource allocation and collect data with the goal of determining patterns that will bring forward actionable insights which may lead to policy changes, saving money and improving quality of service.

 
 Process Evaluation Questions
Questions to help focus discussion about process improvement

 
 Operations Research
Operations Research (frequently called OR), is the methodical study of how to do things better. It is also called Optimization Theory.

 
 Our Role in Operations Optimization
Meet objectives more efficiently by improving operational effectiveness and profitability.

 
 Monte Carlo Method
Short description of the Monte Carlo Method in optimization theory.

 
 Introduction to Markov Process
Introduction to Markov Chains and Markov Processes, with a link to an introductory PDF which provides essential details about Markov analysis, along with helpful examples and exercises.

 
 Windows PC Tech Support Price Calculator
Transparen offers first-class Windows PC and Linux PC tech support services based on a number of factors such as a count of supported desktops.

 
 Remote Technical Support
Remote technical support is provided 24/7 by Transparen's staff, not only for data recovery, but also for proactive maintenance (i.e. detecting problems early, before they become disasters).

 
 Monthly Price for Computer Support Service
Transparen's billing is predictable and affordable. Use our automated price calculator to find the monthly price for our tech support service.

 
 Advantages of Remote Desktop Support
1. You get more for less. 2. We can work when you're not using the computer. 3. Your staff will be more productive. 4. You avoid many expensive repair situations by fixing problems earlier. 5. 24/7 Support!

 

Google
 
Web transparen.com

Contact Information

Related Information

Home Buyers Find Attractive Low Interest Mortgage Options
Tens of thousands of dollars can be saved by making use of the mortgage broker industry's leverage. Better rates mean debt can be paid back faster, and mortgages eliminated sooner.
Market-Based Decision Making - Aggregating Good Judgement
Internal stock exchanges may provide key feedback about the relative values of already-identified strategic options by 'automatically promoting' those who exercise good judgement.
Canadian Stocks - Early Research
Early research into Canadian small-cap stocks may reveal companies with solid fundamental growth ratios that are currently under valued in the market.
Researching Canadian Stocks
Conducting unbiased research into Canadian stock performance relative to industry averages can uncover unfairly low valuations likely to yield profitable future stock trades.
Choosing a Discount Brokerage
Stock traders demand speed, risk management, strategy, buying power, information inflows and outflows, a low fee structure, and access from their discount brokerage firms.
News
Updates on the latest developments at Transparen.
Industries - Overview
Transparen's consulting services are useful across a wide number of industries.
XBRL Can Lead to Better Financial Research Insights
Discussion about XBRL - eXtensible Business Reporting Language - with a high-level overview.
   
 
E C M | © 2003-2007 Transparen Corp.      

Standardized Services: Data Recovery Service / Creative Services / Premium Web Hosting Services / System Administration Tech Support Services
Recent Projects: Full-Service Mortgage and Financing Company / System to manage flights from Vancouver to Tofino / Photo exchange verification service
Our Vancouver BC Server Proudly Hosts: automated parking and revenue control systems, leafside lane at southlands, cost effective alternative power sources, Higher Grade Learning Centres, pacific forage bag supply, sunburst medical, neosonic design, roger mahler photography - passionate, intriguing, desirable, the connection between east and west, affordable flights to victoria and tofino, low interest mortgage brokers in vancouver, richmond, surrey, toronto, Toronto Calgary and Vancouver IT staffing and talent search
* Akron (Summit County) * Alliance (Stark County and Mahoning County) * Amherst (Lorain County) * Ashland (Ashland County) * Ashtabula (Ashtabula County) * Athens (Athens County) * Aurora (Portage County) * Avon (Lorain County) * Avon Lake (Lorain County) * Barberton (Summit County) * Batavia (Clermont County) * Bay Village (Cuyahoga County) * Beachwood (Cuyahoga County) * Beavercreek (Greene County) * Bedford (Cuyahoga County) * Bedford Heights (Cuyahoga County) * Bellbrook (Greene County) * Bellefontaine (Logan County) * Bellevue (Erie, Huron, Seneca and Sandusky Counties) * Belpre (Washington County) * Berea (Cuyahoga County) * Bexley (Franklin County) * Blue Ash (Hamilton County) * Bolivar (Tuscarawas County) * Bowling Green (Wood County) * Brecksville (Cuyahoga County) * Broadview Heights (Cuyahoga County) * Brooklyn (Cuyahoga County) * Brook Park (Cuyahoga County) * Brookville (Montgomery County) * Brunswick (Medina County) * Bryan (Williams County) * Bucyrus (Crawford County) * Cadiz (Harrison County) * Caldwell (Noble County) * Cambridge (Guernsey County) * Campbell (Mahoning County) * Canal Fulton (Stark County) * Canfield (Mahoning County) * Canton ((Stark County) * Carlisle ((Warren County) * Carrollton (Carroll County) * Celina (Mercer County) * Centerville (Montgomery County; another Centerville in Gallia County is a village.) * Chardon (Geauga County) * Cheviot (Hamilton County) * Chillicothe (Ross County) * Cincinnati (Hamilton County) * Circleville (Pickaway County) * Clayton ((Montgomery County) * Cleveland (Cuyahoga County) * Cleveland Heights (Cuyahoga County) * Clyde * Columbiana * Columbus (Franklin County) * Conneaut (Ashtabula County) * Cortland * Coshocton (Coshocton County) * Crestline * Cuyahoga Falls (Summit County) * Dayton ((Montgomery County) * Deer Park (Montgomery County) * Defiance (Defiance County) * Delaware (Delaware County) * Delphos ((Allen County and Van Wert County) * Dover (Tuscarawas County) * Dublin (Franklin County) * East Cleveland (Cuyahoga County) * Eastlake (Lake County) * East Liverpool * East Palestine * Eaton (Preble County) * Elyria (Lorain County) * Englewood ((Montgomery County) * Euclid (Cuyahoga County) * Fairborn (Greene County) * Fairfield (Butler County) * Fairlawn (Summit County) * Fairview Park (Cuyahoga County) * Findlay (Hancock County) * Forest Park (Hamilton County) * Fostoria * Franklin ((Warren County) * Fremont (Sandusky County) * Gahanna (Franklin County) * Galion * Gallipolis (Gallia County) * Garfield Heights (Cuyahoga County) * Geneva (Lake County) * Georgetown (Brown County) * Girard (Trumbull County) * Grandview Heights (Franklin County) * Green (Summit County) * Greenfield{Highland County} * Greenville (Darke County) * Grove City (Franklin County) * Hamilton (Butler County) * Harrison (Hamilton County) * Heath * Highland Heights (Cuyahoga County) * Hilliard (Franklin County) * Hillsboro (Highland County) * Hubbard * Huber Heights (Montgomery County) * Hudson (Summit County) * Huron (Erie County) * Independence (Cuyahoga County) * Indian Hill (Hamilton County) * Ironton (Lawrence County) * Jackson (Jackson County) * Jefferson (Ashtabula County) * Kent (Portage County) * Kenton (Hardin County) * Kettering ((Montgomery County) * Kirtland (Lake County) * Lakewood (Cuyahoga County) * Lancaster (Fairfield County) * Lebanon (Warren County) * Lima (Allen County) * Lisbon (Columbiana County) * Logan (Hocking County) * London (Madison County) * Lorain (Lorain County) * Louisville * Loveland * Lyndhurst (Cuyahoga County) * Macedonia (Summit County) * Madeira * Malta * Mansfield (Richland County) * Maple Heights (Cuyahoga County) * Marietta (Washington County) * Marion (Marion County) * Martins Ferry * Marysville (Union County) * Mason (Hamilton County) * Massillon * Maumee (Lucas County) * Mayfield Heights (Cuyahoga County) * McArthur (Vinton County) * McConnelsville (Morgan County) * Medina (Medina County) * Mentor (Lake County) * Mentor-on-the-Lake (Lake County) * Miamisburg ((Montgomery County) * Middleburg Heights (Cuyahoga County) * Middletown (Butler County) * Milford (Clermont County) * Millersburg (Holmes County) * Monroe * Montgomery (Hamilton County) * Moraine * Mount Gilead (Morrow County) * Mount Healthy * Mount Vernon (Knox County) * Munroe Falls (Summit County) * Napoleon (Henry County) * Nelsonville (Athens County) * Newark (Licking County) * New Albany (Franklin County) * New California * New Carlisle * New Lexington (Perry County) * New Philadelphia (Tuscarawas County) * Newton Falls (Trumbull County) * Niles (Trumbull County) * North Canton ((Stark County) * North College Hill * North Olmsted (Cuyahoga County) * North Ridgeville (Lorain County) * North Royalton (Cuyahoga County) * Northwood * Norton * Norwalk (Huron County) * Norwood (Hamilton County) * Oberlin (Lorain County) * Olmsted Falls (Cuyahoga County) * Ontario (Richland County) * Oregon (Lucas County) * Orrville * Ottawa (Putnam County) * Oxford (Butler County) * Painesville (Lake County) * Parma (Cuyahoga County) * Parma Heights (Cuyahoga County) * Pataskala * Pepper Pike (Cuyahoga County) * Perrysburg (Wood County) * Pickerington (Franklin County) * Piqua * Pomeroy (Meigs County) * Port Clinton (Ottawa County) * Portsmouth (Scioto County) * Powell (Delaware County) * Ravenna (Portage County) * Reading (Hamilton County) * Reynoldsburg (Franklin County) * Richmond Heights (Cuyahoga County) * Rittman (Portage County) * Riverside * Rocky River (Cuyahoga County) * Rossford (Hamilton County) * St. Bernard * St. Clairsville * St. Marys * Salem * Sandusky (Erie County) * Seven Hills (Cuyahoga County) * Shaker Heights (Cuyahoga County) * Sharonville (Butler and Hamilton Counties) * Sheffield Lake (Lorain County) * Shelby * Sidney (Shelby County) * Silverton * Solon (Cuyahoga County) * South Euclid (Cuyahoga County) * Springboro (Montgomery and Warren Counties) * Springdale (Hamilton County) * Springfield (Clark County) * St. Clairsville (Belmont County) * Steubenville (Jefferson County) * Stow (Summit County) * Streetsboro (Portage County) * Strongsville (Cuyahoga County) * Struthers * Sylvania (Lucas County) * Tallmadge (Summit County) * Tiffin (Seneca County) * Tipp City * Toledo (Lucas County) * Toronto (Jefferson County) * Trenton * Trotwood ((Montgomery County) * Troy (Miami County) * Twinsburg (Summit County) * Uhrichsville * Union * University Heights (Cuyahoga County) * Upper Arlington (Franklin County) * Upper Sandusky (Wyandot County) * Urbana * Vandalia * Van Wert (Van Wert County) * Vermilion (Lorain County) * Wadsworth (Medina County) * Wapakoneta (Auglaize County) * Warren (Trumbull County) * Warrensville Heights (Cuyahoga County) * Washington Court House (Fayette County) * Waterville * Wauseon (Fulton County) * Waverly (Pike County) * Wellston * West Carrollton * Westerville (Franklin County) * Westlake (Cuyahoga County) * West Union (Adams County) * Whitehall (Franklin County) * Wickliffe (Lake County) * Willard * Willoughby (Lake County) * Willoughby Hills (Lake County) * Willowick (Lake County) * Wilmington (Clinton County) * Woodsfield (Monroe County) * Wooster (Wayne County) * Worthington (Franklin County) * Wyoming (Hamilton County) * Xenia (Greene County) * Youngstown (Mahoning County) * Zanesville (Muskingum County)