LONDON--(BUSINESS WIRE)--Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of their latest supply chain analytics engagement for a leading equipment manufacturing company. This success story investigates the factors that hindered the client's ability to achieve enterprise-wide supply chain visibility and sheds light on how supply chain analytics solutions helped the client to achieve over $5 million in annual savings. It also offers valuable insights into the business benefits of leveraging supply chain analytics and explains how a supply chain analytics framework can help address the challenges faced by equipment manufacturers.
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In today’s data-intensive era, where businesses are pressurized to make data-driven decisions, analyzing supply chain data is crucial not only to stay in business but grow your business as well. Leveraging advanced supply chain analytics solutions can help businesses to improve supply chain planning, reduce inventory costs, and improve the accuracy of forecasts. We use best-in-class processes, cutting-edge tools, and our deep domain supply chain analytics expertise to help businesses transform their supply chain into a world-class organization that’s tailored for success.
The Business Challenge
Manufacturing industry players face several challenges owing to the sky-rocketing costs and growing competitive pressures. Factors such as these have prompted leading players to address such issues by leveraging advanced analytics solutions. The client- a leading equipment manufacturer based out of North America approached Quantzig as they wanted to leverage supply chain analytics to achieve better visibility and control over the supply chain and logistics operations across all locations and build capabilities to identify savings opportunities. The client’s challenges spanned three core areas including:
- Lack of an enterprise-wide supply chain program
- Inability to adhere to target response time
- Lack of a supply chain analytics framework
“Our portfolio of customizable supply chain analytics solutions help businesses to improve supply chain planning, reduce inventory costs, improve demand planning, and the capacity planning process,” says a supply chain analytics expert from Quantzig.
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The Solution Offered & Value Delivered
The equipment manufacturing firm collaborated with Quantzig to design an agile supply chain analytics framework to gain better visibility into core supply chain processes. Our supply chain analytics experts adopted a comprehensive approach that focused on leveraging supply chain analytics solutions to optimize the client’s current supply chain and logistics processes.
The supply chain analytics solutions also empowered the client to:
- Reduce delivery costs
- Optimize core supply chain operations to ensure profitable outcomes
- Gain better visibility into supply chain processes
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Quantzig's supply chain analytics solutions offered predictive insights on:
- Analyzing inventory investments
- Streamlining supply chain processes
Our advanced supply chain analytics solutions can help you redesign your logistics and supply chain operations by offering accurate insights into multiple factors that affect supply chain efficiency. Learn more about the factors impacting the growth of manufacturing firms.
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You might also be interested in our FREE upcoming webinar on ‘Optimizing Manufacturing Operations Using Advanced Analytics and Simulations.’ Register now! http://bit.ly/2k15DC5
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