Concept about Data Collection Frequency and How Data is Gathered

Concept about Data Collection Frequency and How Data is Gathered

Data collection frequency is extremely important in recording inventory transactions. A company can take a physical inventory to be used later in reconciling quantities recorded in stocks. The inventory transaction records can be used to record inflows (receipts) and outflows (shipments) of inventory at loading stocks.

At the final stage, the data of inventory transactions will be batch updated along with implementing extensive and intensive error checking for quantities, negative inventories validated warehouse amounts and valid serial number.

All these activities are monitored by the data warehouse system and data collection frequency will be useful in analyzing so many things like if the transactions were legal or illegal and many other related useful information.

Data collection frequency is particular a great help in advertising and marketing by determining media exposure of, say, an e-commerce website. And e-commerce website needs to have intensive media exposure.

In the internet where e-commerce takes place, there are thousands of other competitors. There competitors will do all they can to get top exposure to internet users and buyers. One way to do this is to get top ranks in search engines.

Data collection frequency record is a good determinant for media exposure of the e-commerce site and the products and services it offers. The record for frequency of data collected could be used in calculating the number of prospects which have been reached with different media vehicles at different levels of frequency of exposure.