Category: Pressrelease

big data

Financial Service Sector market analysis – How sales forecasting solutions helped a financial service firm to better manage their inventory and stock

QZ PR templateLONDON: Quantzig, a global analytics services provider, has recently completed their latest sales forecasting study for a financial service client. The financial services industry consists of several organizations including consumer finance firms, hedge funds, insurance companies, commercial and investment banks, and consumer finance firms. These firms help in managing money and another asset for corporations as well as individuals. Their services are primarily related to asset management, investments, accounting, and foreign exchange.

“The sales forecasting solution offered by Quantzig helped the financial service firm to bring about noticeable changes in accuracy by enhancing product development timing to improve sales.” says an industry expert from Quantzig.

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The sales forecasting solution offered by Quantzig helped the client to bridge the service delivery gaps. Furthermore, the solution also helped the company in better managing its inventory and avoid stock-outs and overstock situations. It also assisted the company to anticipate future sales and develop strategies to improve revenue.

Additional Benefits of the Sales Forecasting Solution

  • Enhance product development timing to improve sales
  • Gain relevant market knowledge to devise strategies that would improve the overall accuracy of operations
  • Explore possibilities to increase net income and revenue
  • To know more, request a proposal

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Real World Evidence

Pharmaceutical Retailing Client Leverages Inventory Optimization Solution to Optimize Service Levels for Different Product Categories

pharmaceutical retailing

LONDON: Quantzig, a global analytics services provider, has announced the completion of their latest inventory optimization for a pharmaceutical retailing client. The pharmaceutical retailing industry is concerned with businesses that engage in retailing prescription drugs or patent medicines, toiletries or cosmetics, and prescription medicine dispensing. The pharmaceutical retailing industry is expected to show a significant growth trend in the years to come, as the average age of the consumer for this sector is increasing rapidly. With the rise in the need of the aging population for enhanced healthcare and prescription, there is a constant growth in the customer base of pharmaceutical retailing.

 

“Inventory optimization solutions can help businesses eliminate out-of-stock situations, improve efficiency, and curtail inventory costs. Furthermore, with the help of the solution, companies can gain optimized service levels for different product categories. Additionally, companies can better define processes and monitor and manage high-risk categories.” says an expert at Quantzig.

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The solution offered helped the pharmaceutical retailing client devise advanced processing capabilities to estimate product redeployment between stores and adopt a tiered strategy for providing services. The client was also able to make changes to staffing, fulfillment, and delivery processes to centralize products and inventories with the help of the solution provided.

Additional Benefits of the Inventory Optimization Solution

  • Improve working capital efficiency and reducing inventory while maintaining service levels
  • Reduce inventory costs by carrying the right product at the right time to the right place.
  • To know more, request a proposal

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online retail

Online Retail Client Enhance Business Performance Using Marketing Mix Optimization

Online retail

LONDON: Quantzig, a global analytics services provider, has announced the completion of their latest marketing mix optimization for an online retail client. The increasing usage of mobile devices for shopping and alternative payment methods by shoppers are fueling the growth of online retail space. Amid the recent economic uncertainty, leading organizations are planning to develop competitive strategies to reduce operational costs and further improve their product offerings. Moreover, leading organizations are linking financial and operational plans to track performance and improve their overall business efficiency.

“Marketing mix helps businesses quantify their marketing activity to understand the impact of their marketing campaigns on the business performance. The primary objective of the engagement was to quantify the impact of marketing decisions on the past and the future sales.” says an expert at Quantzig.

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The solution offered helped the online retail client assess the marketing effectiveness and allocate the future spend to improve business efficiency. Furthermore, the solution also helped the client determine the effectiveness of advertising and targeting campaigns across various channels. The online retail client was able to optimize their cost and adjust new initiatives to deliver the business goals better with the help of the solution.

 

Additional Benefits of the Marketing Mix Solution

  • Identify the actual drivers of performance and segregate it into internal and external factors
  • Gain actionable insights to increase sales, market share, and marketing ROI
  • To know more, request a proposal

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consumer electronics

Consumer Electronics Manufacturer leverages Marketing Analytics Solution to Optimize their Sales Performance

consumer electronics

LONDON: Quantzig, a global analytics services provider, has recently completed their latest marketing analytics solution for a consumer electronics manufacturer. factors such as falling prices and relentless innovations have increased the demand for consumer electronics among the end-user segments over the last couple of years. The recent innovations in consumer electronics have also prompted consumers to spend a considerable part of their disposable income on mobile gadgets, which, in turn, is compelling retailers to offer products at reasonable prices.

“With the help of marketing analytics solution, businesses can measure and optimize their marketing activities to improve their overall performance. Marketing analytics solution also focuses on understanding how the marketing efforts of a business are performing and reallocate their resources to gain better ROI. “says an industry expert from Quantzig.

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The marketing analytics solution helped the consumer electronics client analyze how marketing initiatives are performing and create a successful marketing strategy to improve business efficiency.  The solution also helped the client compare the marketing activities with that of the competitors and prioritize their investments for the financial year.

Additional Benefits of the Marketing Analytics Solution

  • Evaluate and optimize marketing campaigns to predict outcomes and systematically allocate resources
  • Monitor campaigns and their respective outcomes.
  • Apply analytical tools and techniques to real-world marketing problems to understand the sales performance
  • To know more, request a proposal

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big data in healthcare

Pharmaceutical Sector market analysis – How big data analytics solutions helped a pharmaceutical firm to evaluate effectiveness of new drugs

QZ PR templateLONDON: Quantzig, a global analytics services provider, has recently completed their latest big data analytics solution for a pharmaceutical firm. The global pharmaceutical industry incorporates businesses involved in the research, development, manufacturing, distribution, and marketing of medicines. The medicines manufactured by these pharmaceutical industries are essential for the smooth functioning of the medical sector. the drugs include OTC, prescription-based, and biologically-derived drugs. Additionally, the industry is witnessing a high demand for innovation for new drugs.

“The big data analytics solution offered by Quantzig assisted the pharmaceutical client to improve their ability to measure and monitor whether medications are being used as prescribed or not.” says an industry expert from Quantzig.

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The big data analytics solution focused on analyzing the number of drugs manufactured against supply data and market demand data, and the effect of drug counterfeiting on their overall business. Additionally, the solution also helped the client to understand the effectiveness of drugs by measuring social media sentiment.

Additional Benefits of the Marketing Mix Optimization Solution

  • Evaluate the efficacy and effectiveness of new drugs
  • Devise robust risk management strategies to help make informed business decisions
  • Decrease inventory write-downs and improve margins as volume increases.
  • To know more, request a free proposal

 

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patient journey

Dental Services Provider Leverages Patient Journey Analysis to Enhance their Service Efficiency

patient journey

LONDON: Quantzig, a global analytics services provider, has recently completed their latest patient journey analysis for a dental services provider. The global dental services industry is considered to be one of the fastest growing space in the healthcare industry. Dental services comprise of diagnosis, prevention, and treatment of diseases concerned with the oral activity. The rising number of people suffering from periodontal disease, escalating demand for cosmetic dentistry, and growing private health insurance coverages are some of the factors fueling the growth of the dental services.

“In the recent years, the costs in the dental services sector has increased owing to a considerable rise in the number of patients. Consequently, organizations have been forced to improve their technological capabilities to bridge the gap for reliable and affordable services. To address such challenges and assess the growing demands for dental services, organizations are leveraging patient journey analysis solutions. Patient journey analysis helps patients gain an in-depth understanding of the healthcare process.” says an industry expert from Quantzig.

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The patient journey analysis solution helped the client better engage with patients and understand their individual needs and challenges. Furthermore, the solution allowed the client to implement new drug discovery projects and explore robust commercialization strategies to help patients’ meet their own health goals.

Additional Benefits of the Patient Journey Analysis solution

  • Gain an accurate picture of physicians prescribing behavior, treatment regimens, and the flow of the treatment
  • Interact with the patients effectively and allocate their resources to meet patients’ requirements
  • To know more, request a free proposal

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Customer Lifetime Value

Telecom Company market analysis – How customer lifetime value study helped a telecom company to increase retention levels

QZ PR templateLONDON: Quantzig, a global analytics services provider, has recently completed their latest customer lifetime value prediction for a telecom industry client. The global telecom industry consists of giant players that make communication possible on a global scale, through either the phone or the Internet. Internet service providers, cable companies, wireless operators, and satellite companies are some of the most significant companies in this sector. The telecom industry is mainly driven by technological innovations and developments, which help to offer a wide range of communication services at low-cost margins.

“The customer lifetime value calculation offered by Quantzig assisted the telecom company to identify the necessary marketing efforts to reduce churn rates and ensure the right amount of marketing investments toward profitable customers. They were also able to profile the potential customers and develop a marketing strategy that maximized retention, net profit, and minimized acquisition and re-marketing costs.” says an industry expert from Quantzig.

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The customer lifetime value prediction study helped the client optimize interactions and conversations to drive customer referrals, repeat purchases, and reduce support costs. These solutions also offered real-time and actionable insights into customers based on future cash flows, which helped the client proficiently differentiate customers in terms of the profitability.

Additional Benefits of the Customer Lifetime Value Study

  • Achieve a higher retention rate and build long-term relationships with the customers
  • Drive repeat purchases, customer referrals, and reduce support costs
  • Develop a marketing strategy to maximize retention and net profit
  • To know more, request a free proposal

 

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sales promotion

Customer Lifetime Value Analysis Helps a Leading Retail Industry Client Improve Customer Loyalty

RETAIL INDUSTRY

LONDON: Quantzig, a global analytics services provider, has recently completed their latest customer lifetime value solution for a retail industry client. Leading retail industry companies are focusing on understanding the art and science of catering to the customers in order to sustain in the extremely competitive market. The changing trends in the retail industry have impacted the growth of this sector. Furthermore, the exponential growth of technologies has brought about several transformative possibilities, both in the store and beyond.

“Since retaining and organically growing customers is a far more cost-effective task than acquiring new customers, leading organizations have started realizing the importance of calculating customer lifetime value. This technique is highly helpful in formulating optimal strategies for customer engagement, which, in turn, aids retailers in delivering tailored services to profitable customers and retain them for more extended periods.” says an industry expert from Quantzig.

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The customer lifetime value analysis helped the retail industry client gain actionable insights that helped them in identifying and analyzing customer behavior over a period of time. The solution also helped the retail industry client in predicting churn and enabled the design of new programs to reduce customer attrition levels.

Additional Benefits of Customer Lifetime Value Analysis

  • Gain a detailed understanding of what drives high customer lifetime value
  • Develop personalized strategies to improve customer loyalty and brand recognition
  • To know more, request a free proposal

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Inventory management

Personal Care Retailer market analysis – How inventory optimization solutions helped a personal care product retailer to optimize the physical inventory levels

Inventory OptimizationLONDON: Quantzig, a global analytics services provider, has recently completed their latest inventory optimization solution for a personal care product retailer. The growth of the personal care product segment has boosted the revenues of the retail sector. The rising consumption of personal care products can be owed to increasing emphasis on beautification and personal hygiene. Customers are demanding that the use of chemical substances in the product be reduced leading to increased R&D activities.

“The inventory optimization solution offered by Quantzig assisted the personal care retailer to accurately keep track of the products to better serve the customers. Through an effective inventory management solution, businesses can minimize inventory write-offs and overstocks and increase the overall supply chain efficiency.” says an industry expert from Quantzig.

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The inventory optimization solution assisted clients to efficiently track inventory levels with better visibility into the incoming and outbound delivery. By following industry best practices, the client was able to curtail data entry errors, increase productivity, and lower operational costs. Consequently, they were also able to reduce manual physical inventories and lost sales track due to inaccurate stock levels, inventory write-offs, and shrinkage.

Additional Benefits of the Inventory Optimization Solution

  • Enable to keep track of inventory, orders, and vendors
  • Implement industry best practices to reduce data entry errors
  • Efficiently track inventory levels with better visibility into the incoming and outbound delivery
  • To know more, request a free proposal

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marketing mix optimization

Marketing mix optimization Helps an Electronics Retailer Efficiently Promote their Marketing Campaigns

marketing mix optimization

LONDON: Quantzig, a global analytics services provider, has recently completed their latest marketing mix optimization for an electronics retailer client. The electronics industry comprises of companies offering advanced electronics products such as laptops and mobile phones. The rising rate of innovations is promoting electronics retailers to redefine their shopping experience by providing some wide array products through virtual stores in the form of websites and mobile applications. The availability of online platforms offering discounts and the increasing penetration of the internet are some of the key factors fueling this industry.

“Marketing mix optimization help businesses in the electronics industry to utilize historical information to quantify the impact of marketing campaigns on the business performance. The marketing mix optimization solution also helps electronics retailers identify effective ways to understand the marketing spend and determine a robust marketing mix to enhance the returns on investment.” says an industry expert from Quantzig.

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The marketing mix optimization solution helped the electronics retailer client to identify the strengths and weaknesses of their marketing campaigns and optimize their marketing mix across digital and social media channels. The solution also helped the client understand the impact of external factors such as seasonality, competitive actions, and economic conditions on the overall sales performance.

Additional Benefits of the Marketing Mix Optimization Solution

  • Improve the effectiveness of the marketing campaigns and reallocate the spending to increase
  • Measure, analyze and manage marketing performance, and determine the impact of marketing activity on various prominent channels
  • To know more, request a free proposal

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