- When retailers are faced with issues such as tier-one suppliers not having visibility into their own supply chain network or not being forthcoming with the data on them or even the onset of a pandemic, retailers can form a hypothesis to mitigate the risks of supply chain disruption.
- In case of a setback, understanding its impact across multi-tier supply chain processes enables businesses to overcome the setback with a faster restart and get back to normal quickly.
Quantzig, a leader in delivering scalable analytics solutions and data science services, today announced the completion of its supply chain network optimization engagement.
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"Our supply chain analytics solutions can help you minimize the risks associated with supply chain and operations by providing deeper insights on changing market dynamics," says a strategic workforce planning expert at Quantzig
Retailers, especially in the grocery segment, who are heavily dependent on global sourcing for their stock are facing hard choices in crisis management amid the supply chain disruptions due to the outbreak of COVID 19. Request a FREE proposal to know how supply chain analytics can help in mitigating the risks of supply chain disruptions.
Empty supermarket shelves and shortages of essential supplies are one of the visible impacts to consumers of the world-wide supply chain disruption caused by the outbreak of COVID 19. The unseen impacts are production stoppages across the globe and the shortages of raw materials and finished goods that are, indeed, the cause of the visible impacts. Businesses have sharpened their risk mitigation tools after each successive disruption to supply chains, but COVID 19 is leading to challenges that businesses have not accounted for and has led to a massive disruption of supply chains, not witnessed previously by business owners. Read the complete article for comprehensive insights: https://bit.ly/2Bfsqmp
Supply Chain Analytics Engagement Summary
The client is a Canadian grocery retailer known for their prompt services and customer support initiatives and is one of the most well-known grocery brands in Canada. With the outbreak of COVID-19, the client faced a sudden surge in demand for groceries and other daily utilities due to which posed several challenges like inventory shortages, warehouse discrepancies, and out of stock scenarios. This Canadian retailer approached Quantzig to leverage its expertise in supply chain analytics to improve their supply chain network and mitigate the risks of this global supply chain disruption.
To help this client leverage supply chain analytics to improve supply chain networks, experts at Quantzig chose a comprehensive approach that led to holistic improvements in their supply chain network. This supply chain analytics engagement also helped the client improve their turnovers by enhancing customer support.
Advanced supply chain analytics can help retailers add value by gaining a clearer and efficient picture of their entire operation. Speak to our experts to learn about the benefits of supply chain analytics.
Value Delivered
- Streamlined supply chains networks and improved business agility
- Mitigated supply chain shock effects
- Re-defined stock replenishment plans
- Improved supply chain operations management
- Enhanced customer service levels
We offer cutting-edge supply chain analytics solutions to help retailers across the globe improve and attain commercial success using real-world insights. Collaborating with us can help you make the most of the data at hand by applying advanced data modeling techniques and solutions designed and custom-built to suit your needs. Book a FREE Demo to learn more about our supply chain analytics solution portfolio.
Additional Resources:
1. Pharma Marketing Analytics helped a German Drug Manufacturer to Increase Return on Marketing Investment (MROI) by 67%
2. Natural Language Processing Sentiment Analysis Helps a US Drug Manufacturer Reduce Customer Churn by 57%
3. Multi-channel Marketing Strategy Enables a Medical Devices Manufacturer to Increase Customer Engagement and Lower Acquisition Costs
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 55 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
View source version on businesswire.com: https://www.businesswire.com/news/home/20200720005651/en/
Contacts:
Quantzig
Eva Sharma
Marketing Manager
US: +1 630 538 7144
UK: +44 208 629 1455
https://www.quantzig.com/contact-us
