Improving Accuracy in Demand Forecasting by 15% for a Retail Company | Quantzig's Demand and Capacity Planning Engagement

Download

Demand and Capacity Planning Engagement

LONDON--()--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 demand and capacity planning engagement for a retail company. During the course of this engagement, the analytics experts at Quantzig helped a leading retail company based out of U.K to manage their inventory stocks and ensure the availability of high-demand products.

The Business Problem: The client, a leading retail company based out of U.K, was finding it difficult to reduce their average percentage error in demand forecasting and improve productivity. Also, the client was looking to coordinate their capacity planning efforts in different countries and consolidate suppliers to enhance their inventory management system.

This case study describes how we helped the U.K based retailer to successfully improve demand forecasting accuracy by 15% and accurately align operating capacity to demand and ensure optimal throughput, cost containment, and enhance capacity management.

Our demand and capacity planning solutions help companies to address complexities efficiently in today’s competitive marketplace. Request a free proposal to gain in-depth insights into our portfolio of analytics solutions.

The Solution Offered: To address the issues faced by the client, our experts developed a robust demand and capacity planning framework to understand the core business challenges of the client. Our multi-step, holistic demand planning approach helped the client to optimize their supply chain operations. Furthermore, the solutions that we offered enabled the client to understand what-if scenarios in their existing supply chain networks that helped them to automatically and accurately align operating capacity to overall demand.

Get in touch with our experts to know how our demand and capacity planning solutions can help you improve your forecast accuracy and maximize returns on marketing efforts.

Quantzig's demand and capacity planning solutions helped the client to:

  • Improve accuracy in demand forecasts by 15%
  • Optimize supply chain operations

Quantzig's demand and capacity planning solutions offered predictive insights on:

  • Gaining better visibility into factors affecting their supply chain
  • Improving their inventory optimization techniques
  • Learn how we can help you ensure fluidity and efficiency across all touchpoints in the value chain with our demand management solutions. Request a free demo now!

About Quantzig

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

Contacts

Quantzig
Anirban Choudhury
Marketing Manager
US: +1 630 538 7144
UK: +44 208 629 1455
https://www.quantzig.com/contact-us

Release Summary

Quantzig has announced the completion of their latest demand and capacity planning engagement for a retail company

Social Media Profiles

Contacts

Quantzig
Anirban Choudhury
Marketing Manager
US: +1 630 538 7144
UK: +44 208 629 1455
https://www.quantzig.com/contact-us