Supply chain analytics Archives | Quantzig

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Medical products

Supply Chain Analytics Helps a Renowned Medical Products Manufacturer Curtail Risks Associated with the Supply of Products

The client- A renowned medical products manufacturer, Revenue- $8 billion, Area of Engagement- Supply chain management

The current healthcare industry is witnessing the proliferation of partnerships, relationships, and joint ventured initiatives to meet the growing healthcare expenditure and deliver value to the customers. Despite political uncertainties and sluggish economic growth, the medical products manufacturers are planning to invest in innovations to redefine their business models and create a value proposition for the customers. The rapid transformation in the medical products manufacturing space is fueled by the aging population, proliferation of chronic diseases, and increasing emphasis on quality of care and treatment.

Amid the rapidly changing economic conditions, small and large players have been compelled to adapt and find new opportunities for development. Let’s look at some of the factors the may influence the growth of the industry.

  • Cost of product development: The increasing complexity and sophistication of devices are further increasing the R&D expenditures, which, in turn, is increasing the cost of product development. Also, the growing demand for medical products among the consumers is increasing the need for reducing capital in the manufacturing process while negotiating on the expenses.
  • Ensuring product quality: Medical products manufacturers need to ensure that they maintain quality in their products to avoid any issues related to product recalls. For any medical products manufacturer, product recalls can have a negative impact on the brand reputation and the company’s overall bottom line performance.
  • Regulatory compliance: The growing safety standards and regulatory compliance are compelling medical products manufacturers to offer reliable and quality services to the end-users. Besides the regulatory guidelines, manufacturers of medical devices should garner government support to improve research and development and offer favorable tax reimbursements.

As medical products manufacturers are shifting from a transaction-based approach to a value-based approach that focuses on creating value for providers and practitioners, it becomes essential for the medical devices companies to go beyond the traditional business models to ensure better supply chain visibility. With the rising aging population and increasing health concerns, companies need to rely on supply chain management to grow by leaps and bounds and meet the demands of the end-user segments.QZ- Request free proposal

The Business Challenge

In 2012, the top twelve companies in the medical devices industry contributed to approximately 45% of the overall global market.

With operations becoming complicated, a renowned medical products 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 shipments, inefficient plants, and inconsistent suppliers, the medical products manufacturer wanted to reduce operational costs to improve supply chain responsiveness and the product quality. In addition, the medical products manufacturer wanted to gain insights into the healthcare trends in terms of the people, processes, assets, and the entire value chain.

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The Solution Benefits and the Business Impact

Strategies that we recommend to improve supply chain visibility and ensure efficiency.

The supply chain management solution offered by Quantzig helped the medical products manufacturer gain relevant insights into the medical devices sector and the opportunities in the medical devices manufacturing space. The client was able to leverage the use of supply chain management to enhance their supply chain visibility, demand forecasting, and further improve the overall merchandising capabilities. In addition, the solution helped the client consolidate metrics into the overall supply chain to help the business optimize their networks and improve efficiency.

Supply Chain Management Predictive Insights

The client was able to gain better visibility into the supply chain process and increase efficiency, improve service levels, and reduce inventory levels. The solution offered end-to-end visibility into the supply chain from the procurement of raw materials to the distribution of medical products to the end-user segments. In the midst of the global competition, the medical products manufacturer was able to develop effective supply chain strategies and logistical capabilities to serve the needs of the customers in a timely and an efficient manner.


To know more about how our supply chain analytics solution helped the medical products manufacturer understand the trends in healthcare industry

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attribution modeling

Supply Chain Analytics Helped a Distilled Spirits Manufacturing Major to Improve Their Demand Forecasting Efficiency

Client: A distilled spirits manufacturer, Size: $1.5 billion in revenue, Area of engagement: Supply chain analytics

Distilled spirits refer to an alcoholic beverage manufactured by distilling the mixture produced from alcoholic fermentation. The distillation process is majorly applied to increase the alcohol content by reducing the diluting components such as water. Major factors propelling the growth of this market include steadily growing adult and young demographic worldwide and increasing demand for alcoholic beverages among consumers. Additionally, the advanced distribution channel including outlets in airports, online sales, and separate counters for females is another factor, propelling the demand for alcoholic beverages, thereby, conferring a boost to the global distilled spirits market. QZ- Request free proposalFurthermore, new product development and the innovation plays an important role in the distilled spirits market as the demand for these products largely depends on changing preferences and tastes.

The Business Challenge

The client, a major in distilled spirits manufacturing with business units spread across the globe, wanted to develop an effective solution model to enhance end-to-end supply chain visibility to achieve high customer satisfaction during order fulfillment. Additionally, the client also wanted to develop a solution for end-to-end supply chain visibility and identify the areas of optimization to ensure greater product delivery.

Want to learn more about how our supply chain analytics solutions help food and beverage industry players?

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The Solution and the Business Impact

The distilled spirits manufacturer was able to overcome challenges that were affecting on-time and in-full delivery failure with the help of Quantzig’s supply chain analytics. The client also identified key factors to ensure that the on-time and in-full delivery was greater than before. Moreover, a multi-source data integration facilitated an end to end visibility on supply journey of each product right from manufacturing to order delivery.

Supply Chain Analytics Solution Insights

Quantzig’s supply chain analytics help firms in the food and beverage industry space to re-strategize their sourcing locations by analyzing the impact of supplier location and transit times on the design-to-market time of a product. Companies can also improve demand forecasting efficiency post automation of the sales-order process with the help of these solutions.


Our analysis of the global food and beverage industry shows that distilled spirits manufacturers are facing challenges in terms of:

  • Altering consumer preferences: Today, consumers have become more informed and can gain access to a wide array of information in terms of the ingredients used in the final product offerings. Therefore, the altering preferences of the customers are compelling business providers to offer products that are in sync with the needs of the customers.
  • High competition: The distilled spirits manufacturing industry is facing a growing competition with many companies offering innovative products. With the growing threat in the number of new entrants, establishments are facing the need to improve their production efficiency while promising the right quantity and quality at the right time.

To know more about how our supply chain analytics solution helped a leading distilled spirits manufacturer

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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.

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