A Leading Sports Brand Leverages Supply Chain Analytics, Identifies Millions in Savings | Quantzig’s New Success Story
LONDON--(BUSINESS WIRE)--Mar 26, 2019--A global data analytics and advisory firm, Quantzig, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of their latest supply chain analytics engagement for an international sports goods retailer. During the course of this engagement our supply chain analytics experts adopted a comprehensive three-phased approach to help the client tackle their challenges. As a result, the client witnessed drastic improvements throughout their supply chain operations including enhancement in supply chain flexibility and a reduction in distribution costs.
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Supply Chain Analytics Engagement for a Leading Sports Goods Retailer
Exponential data growth is one among the major challenges faced by players across industries. With new business models paving their way into the retail market, players who succeed in managing the complexity will emerge as clear winners. If unattended, these data volumes can not only curtail the organization’s data management capability but also act as a barrier to innovation. To extract meaningful insights from the supply chain data businesses will have to develop better supply chain strategies by leveraging supply chain analytics.
The Business Problem: The client is an international sports brand based out of Germany. By improving their supply chain management strategy, the client was looking at driving double-digit improvements in stock out and mark down percentages. The sports goods retailer collaborated with Quantzig, as they wanted to leverage its supply chain analytics expertise in bringing about a major organizational improvement.
To seize the complete potential of digital business models businesses will have to develop better data management strategies by leveraging supply chain analytics. Get in touch with our experts for more insights.
“In the current, economic and geopolitical environment businesses that are incapable of understanding their supply chain processes are at a greater risk of succumbing to the dynamic fluctuations in markets trends and customer demand,” says a supply chain analytics expert from Quantzig.
The Solution Offered : The supply chain analytics experts at Quantzig adopted a three-phased approach to extract the desired insights for this engagement. The initial phase revolved around a detailed risk assessment that focused on identifying supply chain risks by analyzing supply chain data by vendor, region, and across all product hierarchies. The second phase focused on the development of precise dashboards to monitor supply chain performance and enhance visibility.
This case study is a typical example of how supply chain analytics is bringing about measurables improvements across industries. Request a free proposal to know more about the benefits of supply chain analytics.
Quantzig’s supply chain analytics solutions helped the client to:
- Preempt overstock and understock situations
- Reduce distribution cost by about $8m
- Request a free demo to know how supply chain analytics can help you gain a competitive advantage.
Quantzig’s supply chain analytics solutions offered predictive insights on:
- Optimizing supply and distribution channels
- Leveraging analytics to draw insights from supply chain data
- Don’t you feel supply chain analytics is the silver bullet that’ll help you cut through the competition? Request for more information now!
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit:https://www.quantzig.com/request-for-proposal
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KEYWORD: EUROPE GERMANY
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SUPPLY CHAIN MANAGEMENT RETAIL OTHER RETAIL
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PUB: 03/26/2019 08:11 AM/DISC: 03/26/2019 08:11 AM