Success Story-2
Data Analysis and Visualization
We helped a Consulting Co. to analyze their client’s inventory data to unlock working capital and maximize sales.
Client Background
Our client is a US-based Consulting firm dealing with a Retail client trying to assess the future supply chain that meets the needs of the growing and changing business scenario
Business Need
With inventory data from over 100 warehouses for 5,000+ SKUs, the client required a team to manage data analysis so that the consultants can save time. They can directly analyze trends and generate insights. This would help them to increase their clients’ inventory productivity and reduce out-of-stock occurrences
What We Did
Committed Services Delivered To The Client
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Defined scope and data request template for cleaning and aggregation
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Verified and filled gaps in the data shared by client/ vendor
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Cleaned inventory data leveraging Alteryx and Python and analyzed and aggregated client’s inventory management metrics including:
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Inventory turns: Sector/ Category
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Distribution/ warehousing costs
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Availability in % of active articles: Warehouse vs. Store
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Developed a Power BI dashboard to represent these KPIs using various graphs, charts and filters
Value-Added Services Delivered To The Client
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Collaborated with the consultant to provide preliminary findings from the analysis
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Benefits/ Outcomes:
For GoIGNIS Circle
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Scaled up team by 3x through high-quality output delivery
For clients
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60% cost reduction; extended to 6-member team in low-cost region with high analytical capabilities
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Reduced 50% project turnaround
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Supported execution of parallel workstreams