Advanced Analytics: Reducing Transportation Cost by 15% & Improve Forecast Accuracy

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LONDON--()--Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of its recent engagement which examines the role of advanced analytics in the shipping industry. This success story offers comprehensive insights into how Quantzig helped a shipping company to reduce unproductive transport costs and improve asset utilization.

In these challenging times, just as in previous periods of economic downturn, companies that continue to focus on productivity and innovation will be better positioned to come out of this crisis stronger. Request a FREE proposal to learn how we can help you.

Key Questions Answered

1. How can advanced analytics help improve asset utilization?

2. How can advanced analytics help in reducing transportation cost?

The case study aligns perfectly with Quantzig’s commitment to helping its clients ensure business continuity by delivering cutting-edge analytics solutions that keep businesses running while equipping them to thrive in the new normal.

According to Quantzig’s advanced analytics experts, “Advanced analytics techniques focus on projecting future events and behaviors, enables companies to conduct “what-if” analysis to envisage the effects of potential changes in business strategies.”

To help our clients navigate the fast-changing COVID-19 landscape, we now offer a limited-period free license to access our advanced analytics platforms. Book a FREE demo to get started.

As digital native competitors boom, established international shipping services providers must embrace new technologies and offer innovative services to keep up with their customers. With the ambush of new entrants and level of disruption, international shipping services providers — particularly established, high-asset businesses — can no longer expect to be shielded from competition. In this scenario, the client – is an American multinational supply chain management and shipping services company. The company is based out of the U.S. The client’s existing team required an advanced analytics decision support engine that could enable optimal business decisions and as a result, drive effective sales.

Wonder how analytics can help you ensure business continuity amid the crisis? Speak to our analytics experts now!

How Advanced Analytics Helped the Insurance Firm

1: Established data-driven monthly sales and operations process

2: Estimated transportation cost reduction by 15%

3: Improved forecast accuracy for key business verticals by 10%

Our mission, in this case, the client wanted to transform their global sales and operations process. By leveraging the online shipping services client increased revenues and margins that resulted in establishing a data-driven monthly sales and operations process

Read the complete success story for comprehensive insights: https://bit.ly/2Wte884

We also offer customized COVID-19 business support solutions to help businesses address their unique challenges and capitalize on new opportunities to generate real business results.

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

This success story examines the role of advanced analytics in the shipping industry.

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Contacts

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