#Japan #Kobe #Xinfony DataHub #Co-op Kobe #TMN

Co-op Kobe and Mitsubishi Foods Join Forces with TMN Data Hub

In a groundbreaking initiative, the Life Cooperative Co-op Kobe has embarked on a collaborative venture with Transaction Media Networks (TMN) to harness the power of big data. This partnership aims to streamline operations and improve efficiencies in the cooperative's various business undertakings, leveraging TMN's Xinfony DataHub service.

TMN, headquartered in Chuo-ku, Tokyo and traded on the stock market, specializes in electronic payment services and has made a name for itself in the digital transaction space. With the new service, Co-op Kobe will be able to consolidate various types of data, from purchasing habits to member information, to create a more integrated and usable database for analysis.

Background to the Partnership

Co-op Kobe, located in Kobe City, Hyogo Prefecture, is one of the largest cooperatives in Japan, offering a diverse range of services including retail, delivery, insurance, and even energy services. Despite its scale, the cooperative faced challenges in utilizing its data across different departments effectively. Before collaborating with TMN, the data was largely siloed, with member IDs and associated data managed separately across its delivery and retail services.

Since 2021, the two entities have been working together to build a cohesive data platform, addressing the issues of data fragmentation and underutilization. This included integrating various data sets and establishing a comprehensive infrastructure for data utilization.

Implementation of the Xinfony DataHub

The implementation of the Xinfony DataHub service has now taken shape with two main outputs that will enhance both internal and external operations.

1. Internal Use: A dashboard has been created for Co-op Kobe, allowing for the aggregation and visualization of business activities across delivery, retail, and insurance sectors. This resource not only supports strategic planning departments but also assists sales and administration teams in maximizing data-driven decision-making.

2. External Use: TMN will process and share specific data with Mitsubishi Foods, aiming to elevate their marketing strategies. By utilizing the data provided by Co-op Kobe, Mitsubishi Foods plans to enhance its offerings, ultimately augmenting member convenience and improving service attractiveness.

Future Prospects

TMN is not merely limited to payment services; it is also committed to enhancing the profitability and operational efficiency of retailers through improved data utilization. The company plans to continue expanding the functionalities of the Xinfony DataHub service to meet the evolving needs of the retail sector. By fostering better data practices, TMN aims to create an enriched consumer environment that benefits all stakeholders involved.

About Transaction Media Networks

Founded in March 2008 and led by CEO Atsushi Otaka, TMN has positioned itself at the intersection of payment and marketing. With an impressive range of services from cloud POS systems to integrated prepaid solutions, the company has facilitated the commercialization of electronic payments in Japan since 2011. Today, TMN operates a comprehensive gateway for various payment methods, connecting over 1.1 million terminals across multiple industries including supermarkets and convenience stores.

For more information about TMN and its services, visit their corporate website.