Page 169 - DCOM507_STOCK_MARKET_OPERATIONS
P. 169

Stock Market Operations




                   Notes            Challenge
                                    Publicly available sources of data, like the U.S. Census Bureau’s U.S. Imports of Merchandise,
                                    lack certain details of transactional information, such as shipment volume and supplier
                                    information on importers of a specific chemical. Other trade data providers want to either
                                    limit usage to just one type of Bill of Lading and arbitrary product categories or charge
                                    high fees for unlimited access. TMR needed a data provider that would treat it like a
                                    partner rather than just another account.

                                    In addition, TMR was spending nearly $2,500 on U.S. Census data to view HTS Code
                                    driven statistics in complete detail. This data set is essential to TMR’s business, but it
                                    needed the complete information that available trade data tools did not provide.
                                    Solution
                                    TMR chose Zepol Corporation because Zepol is the only U.S. Customs data provider to
                                    allow searches across Bill of Lading types, product categories, trade lanes, and with over
                                    six years of history. By choosing Zepol, TMR no longer had a need to buy the source data
                                    from the U.S. Census Bureau and saved thousands because TradeView™ provided complete
                                    access to this data which was included with its subscription. Zepol assisted TMR by diving
                                    into special circumstances when additional research was needed and worked diligently to
                                    add value on top of its subscription through frequent product enhancements.
                                    The first step that TMR takes every month is to download the shipments that arrived into
                                    Microsoft Excel® using easy-to-use, fully detailed reports from TradeIQ™. Because Zepol
                                    does not limit the amount of information that is exposed on the Bill of Lading, this data is
                                    the most detailed and accurate in the industry.
                                    Results
                                    To provide accurate shipment value information, TMR researched individual Bills of
                                    Lading using both the House and Master Bills of Lading and combined the information
                                    with other datasets, including U.S. Census data from TradeView™. By doing this research,
                                    it was able to accurately trend and illustrate the prices paid by different companies importing
                                    specific products.

                                    Because HTS Codes are not a standard element of AMS Data, TMR performed searches
                                    based on specific keywords. That allowed it to pick up trade names, solution percentages,
                                    and product types. The added flexibility allowed TMR to have the most robust trade
                                    reports in the marketplace.
                                    TMR invested great energy into delivering reports quickly and used Zepol’s industry-
                                    leading loading schedule to get the most recent information available. In addition, because
                                    TradeIQ™ provides all of the date fields that are present within the data, TMR was able to
                                    accurately understand when a shipment was expected to arrive, when it arrived at port,
                                    and when it cleared U.S. Customs.

                                    Due to the functionality of TradeIQ™, TMR delivered accurate reports in the timeliest
                                    manner. TradeIQ™ provided detail and robustness that is simply unmatched. While other
                                    data providers offered TMR a search engine for its research, only Zepol provides a daily
                                    trade data tool that is continuously improved and a partner in meeting the needs of its
                                    clients.
                                    Question
                                    Discuss the solution and result for the case issue.

                                  Source: http://www.zepol.com/Products/TradeIQ/CaseStudies/Market-Analysis-Case-Study.aspx




          164                              LOVELY PROFESSIONAL UNIVERSITY
   164   165   166   167   168   169   170   171   172   173   174