LONDON–(BUSINESS WIRE)–#Analytics–Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of its latest success story titled – ‘How Important is Inventory Management for Canadian Pharmaceutical Manufacturers?‘
Quantzig is a leading supply chain analytics solutions provider that helps companies across industries to transform their inventory management strategies to take full advantage of the data-rich environments that they operate in.
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Inventory turns out to be the single largest investment for pharma companies across the globe. As such, getting the most out of their supply chain investments is crucial from a business perspective. However, while concentrating their efforts in doing so, pharmaceutical manufacturers often forget the fact that optimizing inventory in an omnichannel environment presents a whole new set of challenges for those who lack the analytical skills and capabilities.
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The client is a leading player in the Canadian pharmaceutical industry who was looking to leverage analytics to enhance inventory management capabilities.
The pharmaceutical manufacturer faced several challenges due to the siloed nature of their supply chain and inventory data management systems.
We leveraged supply chain analytics methodologies to collate, analyze, and correlate data sets from disparate to offer real-time insights based on the interpretation of those data sets
This success story serves as a classic example of our supply chain analytics capabilities. Read the complete success story here: http://bit.ly/351ATmm
According to Quantzig’s supply chain analytics experts, “Pharma supply chains are increasingly becoming data-dependent and companies who cannot track and manage supply chain functions are poised to fall behind when it comes to making data-driven business decisions.”
Quantzig’s Inventory Management Solutions Enabled the Pharma Client to:
- Realize a 33% reduction in inventory levels
- Achieve a 3.5% reduction in working capital
- Establish a single source for all inventory data and reports
- Schedule a FREE demo to gain comprehensive insights into the benefits of inventory management.
Would you like to learn more? Request more information to learn more about our analytics capabilities.
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
Press ContactQuantzigAnirban Choudhury Marketing Manager US: +1 630 538 7144 UK: +44 208 629 1455 https://www.quantzig.com/contact-us