100% Budget Accuracy Realized by an Industrial Tools Manufacturer through Budget Planning Analytics

Sep 23, 2016

Business Challenge

Accurate budget planning for global manufacturing operations.

A global industrial tools manufacturer wanted to improve the accuracy in planning for its business budget specific to manufacturing operations across various locations.

Speak with our analytics experts today to know more about how budget planning analytics can help you enhance your budget accuracy.


Inefficient and error-prone budgeting process.

The client’s manufacturing budget forecasting models were non-centralized and based on an individual location’s production requirements, leading to inaccurate overall budget predictions and wafer-thin margins. The client was looking for a customized budgeting and forecasting solution for a real-time budget planning process.


Provided a dashboard solution based on financial and budget analytics.

We created a dashboard based solution to act as a budget planner for the organization. This included the integration of all organization data to eliminate multiple data entries, multi-dimensional real-time financial analysis, affordability analysis, and cost-benefit analysis, to provide accurate budget forecasting.

Don’t know where to begin? Request for a free proposal to know how Quantzig’s cutting-edge advanced analytics solutions can help you implement a sound budget planning and forecasting system in your organization.


100% accuracy in budget forecasting and improved margins.

The client improved its budget forecasting accuracy by 100% and was able to create long-term perspectives on budget allocation for various manufacturing locations, and improved its profit margin.

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