NEW YORK, Sept. 11, 2023 /PRNewswire/ — Leading analytics advisory firm, Quantzig announces a remarkable success story in the manufacturing sector, where their data and cloud strategy expertise drove a significant operational overhaul for a prominent manufacturing client.
The client was facing challenges in their manufacturing processes due to the failure to incorporate raw materials needs in production planning, the misaligned capacity plan, low asset utilization and poor production scheduling. Quantzig’s team of experts devised and executed a comprehensive data and cloud strategy, tailored to the client’s unique requirements.
The solution involved creating a cloud data warehouse that seamlessly integrated data from various planning stages- capacity, demand, production, and raw material plans. Advanced analytics tools were employed to derive actionable insights from this integrated dataset. We created mini-ERP systems, a scaled-down version of comprehensive ERP software, that typically focuses on essential functionalities like finance, inventory, and product management. Besides, our Machine learning-driven production and raw material recommendations module improved operational agility, reduced costs, and elevated the client’s ability to meet customer needs while maintaining cost-effectiveness.
All the above initiatives helped the client with:
100% reduction in under-production scenarios 20 percentage points improvement in asset utilization 3Mn cost savings due to a reduction in inventory wastage
To read the full asset: Click here!
About Quantzig:
Quantzig is a global analytics and business intelligence solution provider. It turns clients’ complex, unstructured data into intelligent, actionable insights that enable them to solve complex business problems and inspire innovation, change, and growth.
Over the past 17 years, our insights have helped over 120 clients, including 55 Fortune 500 companies, spanning industries and sectors like Pharmaceutical and Life Sciences, Retail and CPG, Food and Beverage, and more. We have successfully delivered 1500 in-depth solutions in areas like Supply Chain Analytics, Marketing Analytics, Customer Analytics, and more.
View original content to download multimedia:https://www.prnewswire.com/news-releases/quantzig-empowered-manufacturing-clients-transformation-with-expert-data-and-cloud-strategy-implementation-301922881.html
SOURCE Quantzig