Supply Chain
- Measure the difference between your records of warehouse stock and real-life inventory
- Prevent stockouts, shortages, shrinkage
- Control inventory quality. Maintain a positive customer experience
- Keep a track on your delivery status for better customer experience
- Identify the reason and minimize late deliveries
- Improves sustainability
- Measure how many orders you ship without incidents like damaged goods, inaccurate orders or late shipments
- Implement order prioritization procedures based on delivery date for a better Perfect Order Rate
- Add Quality Check practices to multiple order fulfilment processes
- Measure the amount of inventory at a given time/year-wise compared to the number of sales orders it’s fulfilling
- Adjust your stocks to maintain high margin
- Improves efficiency and profits and provides a competitive advantage
- Calculate the average delivery time based on the distance to be covered
- Predict a more accurate delivery time to gain customer satisfaction
- Helps optimize your business processes and make better decisions
Digital & E-Com
- Top Articles by Sold Items
- Increase customer experience by identifying the top sold items and stocking accordingly
- Avoid unnecessary costs by managing inventory based on least and most sold articles
- Analyse the Customer Retention over a period of time
- Identify the reasons for churn and avoid customer loss and maximize customer potential
- Build better customer relationships and improve marketing strategies
- Track the most frequent return reasons
- Know the cost of returns and the impact on your business
- Improve operational workflows and reduce the return rates
- Number of Total Orders by Time Period
- Average Orders per Customer
- Improve the marketing and offers to receive more orders
- Average Price & Units per Transaction by time period
- Understand the customer purchase behaviour
- Predict and Increase sales by pattern analysis
Business Forecasting
- Reduced Error
- Provides necessary feedbacks to improve the accuracy
- Refines forecasting processes leading to improved overall forecasting accuracy
- How accurately future events can be predicted
- What factors to be considered next time While forecasting
- What are the factors that affects the most to business
- How demand is varying with Price
- Helps in understanding Habits of consumer
- Determining purchasing trends and improvement areas to meet expectation of customer
- Describes the difference between Predicted value and actual value
- Accuracy of the predictions
- Lower Error represents higher accuracy
- Tracking Order fills
- Total order fills by time period and by product/service
- Areas of improvement to achieve the Goal
