Tag: Supply chain analytics

supply chain analytics

Quantzig’s Supply Chain Analytics Solutions Helped A Renowned Medical Device Manufacturer to Curtail Risks Associated with The Supply of Products and Improve Supply Chain Visibility

“With the help of Quantzig’s supply chain analytics solutions, we were able to improve supply chain planning, reduce excess spend. and improve the demand forecasting process.”

About the Client

The client is a renowned medical device manufacturer based out of Austria. 

The Business Challenge

With operations becoming complicated, a renowned medical device manufacturer faced the need to increase the efficiency of their operations across the supply chain to remain competitive in the market space. With the growing concerns related to delayed shipmentsinefficient plants, and inconsistent suppliers, the medical products manufacturer wanted to reduce operational costs to improve supply chain responsiveness and product quality. Also, the medical products manufacturer wanted to gain insights into healthcare trends in terms of the people, processes, assets, and the entire value chain.

Quantzig’s cognitive supply chain analytics capabilities help organizations to analyze dynamic demand patterns and improve forecasting capabilities. Request a free brochure of our analytics solutions right away to gain in-depth insights.

Based on the business requirements, the client collaborated with Quantzig  to leverage its expertise in offering supply chain analytics solutions to help them achieve better visibility and control over the supply chain and logistics operations across all locations and build capabilities to identify savings opportunities.


Solution Offered and Value Delivered

Quantzig’s advanced supply chain solutions help companies identify new opportunities within the supply chain and benchmark costs across each of the supply chain nodes. Quantzig’s dedicated team of experts used best-in-class processes, cutting-edge tools, and their deep domain expertise to design a three-pronged approach to tackle the challenges faced by the medical device manufacturer. This comprehensive approach helped the client to transform their supply chain into a world-class organization that’s tailored for success.

Talk to our supply chain analytics experts and learn how we can help you reduce maverick spend and improve supply chain efficiency.

Phase 1

The first phase of supply chain analytics engagement focused on supply chain risk analysis. Our analytics experts helped the client to gain insights into historic supply chain information by region, vendor, and product hierarchies. Such detailed insights empowered the client’s sourcing team to improve their supply chain decisions.

Phase 2

The second phase of this supply chain analytics engagement revolved around developing a customized dashboard to help the client track and control inventory in the warehouse. This helped the client to precisely track and monitor supplier performance in real-time and drill down to the root cause of performance inadequacies.

Phase 3

The third and final phase of the supply chain analytics engagement focused on improving supply chain visibility. This enabled the client to gain real-time visibility into their supply chain processes and identify potential risks that were impacting their ability to deliver the right products at the right time.

We help companies to optimize working capital and boost bottom-line results with the help of our customized supply chain analytics dashboards. Gain limited-time complimentary access to our analytics platform today.

Business Outcome

Supply chain analytics solutions offered by Quantzig helped the medical devices manufacturer to gain relevant insights into the medical devices sector and the opportunities in the medical devices manufacturing space.

Quantzig’s supply chain analytics solutions also empowered the client to:

  • Enhance supply chain visibility
  • Improve demand forecasting methods
  • Optimize supply chain networks and improve efficiency

Learn more about how our supply chain analytics solutions can help you optimize your inventory and drive profitability.

logistics management

Logistics Management Solutions Helped a German Toy Retailer to Reduce Logistics Costs by 23% | Success Story

“Quantzig’s analytical rigor and data science expertise helped us devise a robust logistics management framework to optimize spend and improve key supply chain processes.”

About the Client

The client is a leading German multinational toy, games, and sporting goods manufacturer and retailer who is in business for over two decades. While the client’s central manufacturing unit is in Germany, it’s sales and marketing operations were spread across the globe, making it challenging to track and monitor the logistics flow.

The Business Challenge

With the retail sector booming globally, automation has become an important aspect of efficient warehouse and logistics management. The fast-growing retail scenario, growing requirement for newer technologies, and the lack of advanced logistics management capabilities prevented valuable synergy effects. Consequently, the client’s logistics operations and logistics management spend increased significantly. This proved to be a major challenge that hindered the client’s logistics and warehouse operations and they were looking at leveraging advanced analytics to decrease costs and improve their approach to logistics management.

Request a free brochure of our analytics solutions to gain comprehensive insights into our portfolio of services and learn how our tailor-made solutions can help your improve supply chain processes.

The client wanted to leverage Quantzig’s cutting-edge logistics analytics solutions and proven methodologies to design and implement the most cost-efficient logistics management system while meeting all the SLA’s. The company’s goal was to implement an advanced logistics management framework that would help them develop a more variable business model while also providing increased visibility across cargo flows and warehouse operations.

The devised framework helped address most of the client’s challenges which spanned three core areas including:

  • A decentralized logistics management system
  • Inconsistent processes and operational standards
  • High logistics operating spend (LOS) and logistics management spend (LMS)

 Would you like to learn more? Talk to our analytics experts right away!

Solution Offered and Value Delivered

To help the client tackle their logistics challenges we integrated an advanced analytics-driven framework to centrally manage all their logistics and warehouse operations using interactive dashboards. Our experts also proposed a set of correlated, analytics-driven services from our comprehensive portfolio of supply chain analytics solutions. Backed with a robust logistics management framework the client was empowered to tackle their primary challenge – logistics management.

Quantzig used its three-pronged data-driven supply chain analytics approach, which is a combination of logistics management, warehouse optimization, and supply chain spend optimization to help the client tackle their challenges.

Logistics Management

Gain limited time complimentary access to our analytics platform to analyze how our supply chain analytics solutions play a huge role in efficient logistics and warehouse management.

Phase 1

In the first phase of the engagement, our analytics experts conducted a rigorous internal analysis of the client’s supply chain processes. The analysis helped uncover vulnerabilities in visibility across the inbound supply chain costs as well as logistics performances and service quality.

Phase 2

The second phase focused on creating a lean, agile and demand-driven supply chain. Our logistics management services were tailored to meet the client’s logistics management challenges.

Phase 3

The final phase of this engagement led to the automation of the client’s logistics and warehouse processes, enabling them to optimize logistics spend and drive efficiency across the value chain.

Get in touch to learn more about our analytics solutions.

Business Outcome

Quantzig’s analytics solutions enabled the client to tackle challenges around logistics management by implementing corrective actions and offering a holistic view of their supply chain operations. The logistics management framework enabled the client to drive positive business outcomes by skillfully tackling challenges in the current logistics management processes. Moreover, our services exceeded the client’s expectations and resulted in a 23% reduction in logistics and supply chain costs.

The solutions offered also enabled the client to:

  • Optimize inbound and outbound logistics flows
  • Centralize data management and reporting
supply chain analytics solutions

Improving Logistics and Supply Chain Visibility Using Supply Chain Analytics Solutions | A Success Story by Quantzig

The client is a leading equipment manufacturer based out of North America. The equipment manufacturer is well-known offering advanced services and innovative software to aid the manufacture of advanced semiconductors, flat panel displays, and solar photovoltaic products. The client wanted to leverage Quantzig’s supply chain analytics solutions to achieve better visibility and control over the supply chain and logistics operations across all locations and build capabilities to identify savings opportunities.

The Business Challenge

Owing to the sky-rocketing costs, the client was looking at leveraging supply chain analytics solutions to rationalize its time-critical service network in North America consisting of over 15 locations, serving several hundred high-value semiconductor equipment manufacturers. The challenges stemmed mainly due to their inability to adhere to target response time and capture supply chain data which further hindered their ability to achieve enterprise-wide supply chain visibility, mitigate risks and identify opportunities for savings.

Looking to gain better visibility into factors that drive your 3PL logistics operations at a more tactical level? Our supply chain analytics solutions can help! Request a FREE brochure of our analytics solutions to know more.

Besides, the lack of an enterprise-wide supply chain program reduced the impact of their investments on their bottom line. Their business objective was to reduce both their spare parts inventory investment and logistics costs while meeting target response times specified in their multi-level service level agreements.

Solution Offered and Value Delivered

Quantzig’s challenge was to design an agile supply chain analytics framework for the client’s network consisting of 50+ vendors feeding over 10,000 different after-sale service products through their nine service centres. Our supply chain analytics experts worked closely with the client to help them tackle their challenges. A three-pronged approach was adopted to deliver 360-degree supply chain and logistics transformation, it focused on leveraging supply chain analytics solutions to optimize the client’s current supply chain and logistics processes by analyzing inventory investments and reducing delivery costs under different response time requirements.

Would you like to learn more about our supply chain analytics solutions? Contact our analytics experts today!

Phase 1

The first phase of this supply chain analytics engagement focused on capturing and cleansing supply chain data. A detailed analysis of this data helped the client to identify and closely monitor all critical supply chain activities.

Phase 2

The second phase focused on leveraging supply chain analytics solutions to streamline supply chain processes and identify factors impacting inventory costs.

Phase 3

The third phase revolved around the use of advanced supply chain analytics solutions to develop a framework that empowered the client to determine the optimal size of the network, assign priorities, and distribute the safety stock levels and minimize the total cost to meet the response-time requirements in their SLAs.

Gain limited time complimentary access to our analytics platform to know how our supply chain analytics solutions can help your improve growth and profitability.

Supply Chain Analytics Solutions

 

The supply chain analytics solutions enabled the client to realize over $5 million in annual savings while achieving the target response times specified in their multi-tier service level agreements.

Why Choose Quantzig as Your Next Supply Chain Analytics Solutions Provider?

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MARKET BASKET ANALYSIS

Market Basket Analysis Helped A Food and Beverage Manufacturer to Optimize Product Placement and Increase Sales By 54%

The client is a well-known food and beverage manufacturer based out of Austria with its operation spread across Europe. They were finding it difficult to understand the purchasing behavior of their consumer and identify potential customer segments to drive sales. They wanted to leverage the market basket analysis solution to increase the effectiveness of their marketing campaigns and improve sales.

In a highly fragmented and complex business landscape, manufacturers are looking at leveraging  smart analytics tools to address the rapid shifts in customer demands and preferences. This is where market basket analysis can help manufacturers to understand the purchasing behaviors of consumers. Market basket analysis can aid companies to develop precise marketing strategies and meet business goals. Also, market basket analysis can help in increasing the efficiency of marketing messages resulting in improved customer experience and customer loyalty.

Our market basket analysis experts can help you improve the effectiveness of your marketing campaigns significantly. Want to know how? Get in touch right away!

Business Challenge

The client, a well-known food and beverage manufacturer, lacked a robust cross-selling strategy for their products. As a result, the food and beverage manufacturer was facing a continuous reduction in the profit margins for two consecutive years. Also, the client was struggling when it came to inventory management due to which they were not able to fulfill customer demands on time. Furthermore, their inability to analyze historical data properly prevented them from creating effective pricing models. Therefore, the company was looking for market basket analysis solution to utilize the historical data to identify relationships products and customers and generate new revenue.

Quantzig’s market basket analysis solutions help companies to develop customer centric marketing strategies  by identifying factors that drive consumer buying preferences and behaviors. Request a FREE proposal to gain in-depth insights into our portfolio of analytics solutions.

MBASolution Offered and Value Delivered

To help the client tackle their core business challenges, the market basket analysis experts adopted a comprehensive three-step  approach. The first phase of the market basket analysis engagement focused on analyzing available customer data to help the client devise robust cross-selling strategies. In the second phase of the market basket analysis, the analytics experts focused on the creation of extract, transform and load (ETL) processes for the initial data load to support methodologies of market basket analysis. The third and final phase revolved around the creation of customized analytics dashboards to support market basket analysis at the store and product category level.

The solution offered by Quantzig’s experts helped the client to keep a track of key metrics such as average spend and profit per basket. This, in turn, helped the client to track the performance of their top-selling product categories. Additionally, Quantzig’s market basket analysis solution helped the client to optimize their product placement. Furthermore, the client was able to improve the effectiveness of their marketing campaigns by 2X, enhance customer satisfaction and reduce churn rate.

Request a FREE demo below to know how our market basket analysis can help you improve customer loyalty and MROI.

Quantzig’s market basket analysis solution also helped the client to:

  • Increase quarterly sales by 54%
  • Decrease overall marketing budget by 18%
  • Develop a flexible and reliable business model

To learn more about how our analytics solution can help you gain actionable insights and make smarter decisions to  future-proof your business, request for more information now!

Supply Chain Network Optimization

Supply Chain Network Optimization Helped an Apparel Manufacturing Company to Improve Operational Efficiency and Enhance Profit Margins by 35% | Quantzig’s Success Story

A leading apparel manufacturing company in the U.K was facing several predicaments due to the growing complexity of its global supply chain network. With the expansion of its customer base globally, the company wanted to make its network operations more flexible, efficient and responsive to dynamic business scenarios. That is why they approached Quantzig to leverage its expertise in offering supply chain network optimization solutions to redesign its supply chain to manage complexities and improve operational efficiency.

Today it has become highly crucial for businesses to optimize the flow of goods within their supply chain network to increase savings on procurement cost and improve service efficiency. While focusing more on improving service levels and reducing working capital, businesses generally fail when it comes to   aligning their network optimization programs with long-term business goals. Supply chain network optimization solutions help businesses to design, build and manage an enterprise network that not only supports but helps continually foster profitable growth. Our structured approach to supply chain network optimization helps companies in reducing end-to-end supply chain costs including purchasing, production, warehousing, inventory and transportation, while significantly enhancing profit margins and service levels.

Our robust network optimization solutions help companies to proactively identify improvement areas in both the upstream and downstream supply networks. Request a FREE proposal to gain in-depth insights into our portfolio of supply chain network optimization solutions.

Business Challenge

The client, an apparel manufacturing company based out of U.K, was looking to develop an ongoing capability to evaluate business and environmental changes that were affecting their supply chain. Also, the client wanted to identify the optimal number of warehouses that would help them in minimizing distribution costs and fulfilling customer demands. They approached Quantzig to leverage its network optimization capabilities to address their core business challenges and improve profit margins.

Our supply chain analytics experts can help you optimize the efficiency and capability of your network management systems, methods, and processes. Get in touch with them right away!

Solutions Offered and Value Delivered

Quantzig’s supply chain network optimization experts adopted a comprehensive approach to understanding the client’s profitability targets and growth ambitions. This engagement included several phases that started with a detailed evaluation of the current supply chain performance of the client. With this insight, our supply chain analytics experts made recommendations for improving the efficiency of supply chain operations. Also, by analyzing and extracting insights from the client’s internal supply chain data, our supply chain analytics experts were able to uncover several cost-saving opportunities during the evaluation phase.

Quantzig’s supply chain network optimization solutions also helped the client to:

  • Optimize resources and raw materials in the upstream supply network
  • Achieve significant improvements in performance by shortening the internal clearance processes
  • Improve profit margins by 35%

Supply chain network optimization can help in improving logistics and supply chain operations across industries. Wonder how? Request a FREE Demo below.

supply chain analytics

Supply Chain Analytics Engagement Helped a Leading Food and Beverage Manufacturer to Identify Potential Savings Worth Around $3M- Quantzig’s Success Story

The client is a leading food and beverage manufacturer based out of Sweden. With a considerable number of manufacturing units spread across Europe, the client was facing predicaments such as lack of visibility through their supply chains, over and understock inventory. Therefore, they approached Quantzig to leverage its expertise in offering supply chain analytics solutions, to track their products through all stages of the supply chain and enhance their approach to supply chain management.

Business Challenge

With the constantly evolving economic and geopolitical environment, businesses cannot afford to not know their supply chain processes in detail. This holds true for food and beverage companies as they deal with trend-driven products, where in addition to the supply chain hitches, they are consistently exposed to dynamic fluctuations in consumer demands and markets trends. Furthermore, such factors leads to unforeseen supply chain interruptions and a shortage of raw materials.

The client, a leading food and beverage manufacturer, faced multiple supply chain challenges due to their inability to make sense of the plethora of data from suppliers and external third-party sources. They approached Quantzig to leverage its supply chain analytics expertise.

Quantzig offers a comprehensive portfolio of customizable supply chain analytics solutions to help companies improve supply chain management, reduce wastage, and excess inventory costs. Request a FREE proposal to gain better insights.

Top Challenges Faced by the Client

Problem Statement 1:

The food and beverage manufacturer faced predicaments in identifying supply chain risks and opportunities due to their inability to combine real-time datasets with market insights. As a result, their market expansion efforts were getting hampered.

Problem Statement 2:

Due to the lack of historic datasets related to suppliers, the client found it challenging to track and control inventory in warehouses and stores.

Problem Statement 3:

The third challenge that the client faced was to combine the dynamic demand signals with real-time market insights to make data-driven supply chain decisions and to proactively respond to the changing market needs.

Supply chain analytics experts at Quantzig help leading organizations to analyze dynamic demand patterns and improve supply chain visibility. Get in touch with them right away!

Solution Offered and Value Delivered

Phase 1:

The first phase of this supply chain analytics engagement revolved around supply chain risk analysis. In this phase, our supply chain analytics experts helped the client to gain insights into historic supply chain information by region, vendor, and product hierarchies. The extracted data was then contextually juxtaposed with external risk and cost factors. This, in turn, empowered the client’s sourcing team to make better supply chain decisions.

Phase 2:

In the second phase of this engagement, the supply chain analytics experts developed a customized dashboard to help the client track and control inventory in the warehouse. The use of advanced analytics dashboards  empowered the food and beverage manufacturer to precisely track and monitor supplier performance. Furthermore, this helped the client’s sourcing team to drill down to the root cause of performance inadequacies 

Phase 3:

The final phase in the supply chain analytics engagement focused on improving supply chain visibility. Quantzig’ supply chain analytics experts helped the client to gain real-time visibility into their supply chain processes and identify potential risks that could impact their ability to deliver the right product at the right time.

 

With the help of customized analytics dashboards, the client gained detailed insights into their inventory levels, order status, and market demand in addition to supply chain processes. By gaining in-depth supply chain insights, the food and beverage manufacturer was better positioned to tackle supply chain disruption, understock and overstock situations. The offered solution also helped the client to identify potential savings worth around $3M by reducing distribution costs and enhancing the flexibility of the supply chain.

Synchronize demand planning with production and adjust to changes in available materials with the help of our customizable supply chain analytics solutions. Request a FREE demo now.

Why choose Quantzig as your next analytics partner?

Supply chain analytics is the need of the hour in today’s complex business scenario. Though food and beverage industry players have been adopting new ways to implement analytics and improve supply chain efficiency. Not many have been successful in adopting and implementing a process that leverages analytics to draw insights from supply chain data. We, at Quantzig, can help you identify new opportunities within the supply chain and benchmark costs across each of the supply chain nodes. Also, Quantzig’s supply chain analytics expertise can help you design and implement optimal purchase processes by offering the ability to discover potential opportunities in the new market.

To learn more about how our supply chain analytics solutions can help you reduce maverick spend and improve supply chain management capabilities, request for more information below.

supply chain analytics

How Supply Chain Analytics is Paving the Way for Lean Supply Chain Operations? : Quantzig’s Success Stories

Quantzig, a leading analytics advisory firm that offers customized analytics solutions, has announced the launch of their latest newsletter on benefits of supply chain analytics solutions for businesses today. Supply chain analytics acts as a nexus between industries and the gigantic troves of supply chain information lying at their disposal. Supply chain analytics solutions  help businesses identify new opportunities within the supply chain and benchmark costs across each of the supply chain nodes.

Quantzig offers a comprehensive portfolio of customizable supply chain analytics solutions to help business leaders improve supply chain planning, reduce excess spend, reduce wastage and excess inventory costs, improve the demand forecast, demand planning process, and the capacity planning process.

Reducing distribution cost by about $8M for a leading sports brand:

Identifying supply chain opportunities and risks by combining real-time datasets is a daunting task for businesses. A leading sports brand was finding it difficult to gain access to historic datasets related to suppliers, costs, and overall business outcomes. They wanted to combine the dynamic demand signals with real-time market insights to make crucial supply chain decisions and proactively respond to the changing needs of the market.
Quantzig’s supply chain risk analysis solution helped the client to gain access to historic supply chain information by region, vendor, and across all product hierarchies. The solution offered helped the client’s sourcing teams to better analyze the performance data of suppliers and drill down to the root cause of performance inadequacies. By leveraging Quantzig’s supply chain analytics solutions, the sports brand was able to improve the flexibility of the supply chain and reduce distribution cost by $8M.

Minimizing inefficiencies in  supply chain management:

Are obsolete inventory management systems leading to poor business outcomes? If yes, then you must read our success story to learn how we helped how we helped a food and beverage industry player gain control over their inventory to keep food distribution safe and efficient.
During the course of this engagement, our supply chain analytics experts developed a customized dashboard to help the client gain actionable insights and optimize their supply chain operations. This further helped the food and beverage company to enhance supply chain management efficiency by combining descriptive and predictive data sets to regulate the consequences of different choices of action.
Gain better visibility into supply chain processes and improve operational efficiency by putting your real-time data to work. Get in touch with the experts.

Improving demand forecasting efficiency through supply chain analytics solutions:

Building an effective demand forecasting model is no more a myth. This success story by Quantzig is the best example of  this where one of its clients faced a similar predicament but realized a major improvement in their capabilities to forecast demand with a suitable demand forecasting model.

By leveraging Quantzig’s supply chain analytics solution, the client, a distilled spirits manufacturing company, was able to overcome challenges that were affecting on-time and in-full delivery. Also, a multi-source data integration solution by Quantzig helped them to gain an end to end visibility on supply journey of each product right from manufacturing to order delivery.

Request a free demo to gain real-time insights on the position of your assets with the help of our supply chain analytics solutions.

Monitoring vendor risks and minimizing inventory levels:

Measuring the supply chain and vendor performance to increase profitability has become one of the major roadblocks for many companies. Supply chain analytics solutions may hold the key to success. Take a quick look at our recent case study to understand how we helped a processed food retailer to optimize their existing logistics and route operations to minimize inventory levels and monitor the vendor risk and performance.

The client was facing several predicaments in monitoring and tracking their supply chain processes. Factors such as these, along with a decline in profit margins impelled them to leverage analytics to monitor inventory levels/avoid out-of-stock scenarios. Our supply chain analytics experts adopted a comprehensive approach that helped them to reduce costs associated with the supply chain and drive sustainable development. Also, the processed food retailer was able to develop robust supply chain strategies that helped them to serve the needs of the customers and maximize overall profitability.

 

supply chain analytics

Business Benefits of Implementing a ‘Data-Driven + Analytics Powered’ Approach to Supply Chain Management

Quantzig, a leading analytics service provider, has announced the launch of their latest newsletter that lists how businesses can drive supply chain excellence using advanced supply chain analytics.

Supply chains have always been complex, requiring the integration of multiple processes, applications, technologies, and organizational. At Quantzig, we believe that the challenges arising due to the fast-evolving digital transformations and globalization of today’s businesses can be overcome by applying advanced supply chain analytics methodologies. Quantzig’s portfolio of supply chain analytics solutions is designed to help businesses analyze the critical factors that disrupt supply chain processes across industries. Leveraging our advanced supply chain analytics solutions can not only help you simplify, harmonize, and accelerate planning processes, but will also empower you to monitor and track supply chain performance, and respond effectively to changes and unplanned events.

How Our Supply Chain Analytics Capabilities Can Help

Inventory Management

In a rapidly transforming business environment, inventory management turns out to be an important factor that controls costs and optimizes cash flow while helping businesses react proactively to the changing customer demands. Also, in an omnichannel world, leveraging supply chain analytics alone to analyze what you’ve got, where it is, and where it should be can be tough and might not help you make crucial inventory management decisions. As such, it’s crucial to gain end-to-end visibility on factors that impact supply chain performance. Failing which, understanding how to move and account for inventory more profitably and making the right trade-offs can be all but impossible.

Warehouse Management

Efficient, reliable, and productive warehousing is a critical capability in any supply chain. But all too often, inaccurate information, incoherent processes, and poor supply chain visibility hamper efforts to attain it. The key is to use supply chain analytics to gain a consolidated view of trusted information and supply chain processes so you can optimize and continuously improve end-to-end supply chain operations, even as your business grows in size and complexity.

Demand and Capacity Planning

Leveraging supply chain analytics to integrate supply chain data sets with ERP data can open up a new world of insights into business processes and supply chain operations, from managing supplier risks to responding to customer buying behaviors. The integration of processes also lays the foundation for improving supply chain efficiency, facilitated by a centralized list of qualified and reliable suppliers and demand-centric customers.

New supply chain analytics technologies and digital capabilities are constantly disrupting supply chains and redefining existing business models. They have a profound impact on supply chain operations as we know them and empower businesses to drive new demand-driven supply chain analytics capabilities and transformation strategies that were difficult to build in traditional supply chain management systems.

To maximize your chance of success and drive business value through the use of innovative technologies and supply chain analytics, your business must be able to make informed data-driven decisions based on accurate, timely, and granular data. It’s essential to have as much flexibility and agility as possible across the entire supply chain to be able to sense, analyze, and adapt to the constant changes in supply chain operations.

Download the compelete newsletter for in-depth insights on our supply chain analytics capabilities.

Recent Posts

manufacturing analytics

Manufacturing Analytics: Key to Drive Significant Improvements Across Business Operations

What is Manufacturing Analytics?

Manufacturing analytics is a technique that integrates big data, predictive analytics and industrial internet of things with the manufacturing processes to bring efficiency in the business operations. Manufacturing processes are successful when businesses can streamline their operations. This is where manufacturing analytics can help. Today manufacturers can leverage manufacturing data analytics techniques to examine, test and re-test every single process and implement innovative ideas to make improvements in the business operations. Manufacturing analytics can make manufacturing processes faster and more efficient by offering more focused and actionable insights that can help companies to fine-tune their production line.

Our manufacturing data analytics solution can help you understand the cost and efficiency of your product lifecycle. Request a FREE proposal now to gain better insights into our portfolio of services.

manufacturing analytics

Benefits of Manufacturing Analytics

Decrease downtime

Manufacturers can maximize the operating time of critical assets by leveraging manufacturing analytics solution to anticipate their failure. By utilizing data analytics in manufacturing, businesses can gather historical data (structured and unstructured both) to gain in-depth insights into operations that can’t be assessed with conventional techniques. Using manufacturing data analytics, companies can identify the circumstances that tend to cause breakdown of a machine and monitor input parameters so they can intervene before breakage decreasing downtime. Furthermore, manufacturing analytics can help companies understand how downtime for a single machine can affect the manufacturing chain and how different configurations may improve overall efficiency.

Our analytics experts can help you make better decisions by visualizing how each aspect in your manufacturing chain impacts the final result. Get in touch with them right away.

Gain better insights into machine utilization and effectiveness

One of the major challenges that manufacturers face is wastage of time. While manufacturing chains can be built with efficiency in mind, different factors may play a contributing role in reducing the overall efficiency of the line because of poor installation, misuse, or simply a lack of downtime coordination. By combining existing IoT systems with manufacturing analytics solutions, companies can gain real-time insights into how well their manufacturing lines are operating. Also, it can help in generating actionable insights to help companies realize real improvements in the overall process.

Improve demand forecasts

Any product manufactured today aims to cater the demands that will emerge in the near future. This is the reason why demand forecasts are important from a business perspective. Demand forecasts guide a production chain and help identify the reason between strong sales and an unused inventory. For most companies, forecasts are based on historic values and not on more actionable forward-looking data. By leveraging manufacturing analytics solution, manufacturers can combine existing data with predictive analytics to build a more precise projection of future  purchasing trends.. These insights are derived not just from previous sales data but from how well current manufacturing processes are operating, leading to smarter risk management and less production waste.

Quantzig helps companies to develop effective strategies that can consistently guide them gauge their own need for repairs. Request a FREE demo below to know more.

Better warehouse management

Storage is generally the most overlooked aspect of the manufacturing process. Every stage is important when products are ready to be shipped especially in a world that is increasingly embracing zero-inventory models to reduce overstock scenarios. This is where warehouse management is important. Establishing an efficient warehouse management system can further improve product flow management, and improve business operations, as well as the bottom line. Manufacturing analytics framework makes it easier to understand how to improve your inventory and manage your warehouses better. This can, further, help in improving manufacturing KPIs and processes. By incorporating a robust manufacturing analytics solution companies can build a more granular understanding of how their production line operates, and how they can streamline it to avoid unnecessary costs

Why Quantzig?

Manufacturing leaders today are visionaries, pioneering increasingly efficient methods to produce and move physical goods while thinking beyond cost savings, productivity, and risk reduction. Future survival needs manufacturers to become nimble and analytics driven. This can help organizations minimize risk and seize opportunities through actionable operational insights and confident decision making. Manufacturing analytics solutions from Quantzig can help companies to fine-tune their production operations for minimal cost and risk while capitalizing on data as an asset that can further help them deliver innovative services and quality products. We, at Quantzig, deliver proven value and help leading companies unlock the immense potential of their digital transformation through our customized manufacturing analytics solutions.

Want to learn more about how manufacturing analytics can help you predict maintenance issues and prevent breakdowns? Request for more information now!!

inventory optimization

Quantzig’s Inventory Optimization Solutions Helped a Major Retail Company to Improve Supply Chain Efficiency by 18%

A leading retail chain based out of Norway was facing several challenges due to a myriad of inventory management problems such as demand fluctuations, reverse logistics, overstocks, managing SKU’s, bullwhip effect, and stock-outs. To tackle such predicaments, they approached Quantzig to leverage its inventory optimization solutions to maintain an accurate count of their inventory and improve overall supply chain efficiency.

The Business Challenge

For retail companies, inventory is the largest incessant investment today, so getting the most out of this investment is important for success. Yet inventory optimization in an omnichannel world presents a whole new set of predicaments for retail players. Though retail businesses are adopting innovative approaches to enhance their service levels, they fail to devise effective strategies to make it profitable.

Quantzig’s supply chain solutions follow the critical path method for managing and overcoming supply chain disruptions which can otherwise lead to huge financial losses. Request a FREE proposal to gain better insights into our portfolio of services.

Better inventory management plays a crucial role in improving customer satisfaction levels which, in turn, helps retail companies in the long run. Inventory optimization is the easiest proven path to significant cost savings and increased revenue for retail companies. At Quantzig, we offer inventory optimization solutions that help businesses to strike the perfect balance between inventory investments and service levels. Also, it empowers them to build an optimal inventory system that is more connected, intelligent, and scalable.

To combat the growing threat posed by online retailing, a leading retail company in Norway was looking at a holistic approach to inventory management to manage their warehouse at multiple locations, deal with overstocks and out-of-stock scenarios, and overcome inventory risks.

Our inventory optimization experts help leading companies identify and measure the risks in the inventory. Get in touch with them right away to know how.

Inventory Optimization

Solutions Offered and Value Delivered

Quantzig’s inventory optimization experts adopted a comprehensive approach to understanding the pain points in the client’s supply chain network. They leveraged advanced algorithms to optimize stock levels and provide better control over the inventory. Furthermore, this helped the client to save money, improve their customer service levels, and boost customer satisfaction significantly.

Our inventory optimization solutions also empowered the client to:

  • Reduce inventory levels by 25%
  • Improve cash flow and return on invested capital
  • Enhance production cycles, visibility, and agility across all points of supply chain
  • Boost supply chain efficiency by 18%

Quantzig’s supply chain solutions empower companies with real-time data visualization dashboards to make accurate decisions and gain better control over the inventory system. Request a FREE demo below to know more.