Originally Published on: Quantzig How we helped leading retailer identify non-compliant stores and categories/SKUs without extensive manpower
Client: Our recent partnership involved a prominent retail juggernaut with operations spanning the USA and Europe, supported by a dedicated workforce of 30,000 employees. They wrestled with hurdles in sales data analysis and promotional compliance, prompting the pursuit of innovative solutions to streamline strategies effectively.
#InsightfulCompliance #AutomatedAnalytics
Challenges: The sheer scale of sales and promotional data posed management challenges, resulting in inefficiencies and errors in decision-making. Manual compliance checks across numerous stores and channels led to significant productivity setbacks and delays.
Solutions: Our cutting-edge compliance measurement solution utilized marketing mix models and uplift models to identify stores potentially encountering compliance issues. Leveraging Python and Azure Synapse, we engineered automated workflows for swift and accurate data analysis. Power Platforms facilitated the creation of interactive dashboards for real-time monitoring of promotional compliance.
Impact Achieved:
- Reduced manpower required for compliance monitoring by 80%
- Accelerated identification of compliance issues by 70%
- Achieved remarkable enhancements in sales analytics and compliance monitoring efficiency
About the Client: A leading retail giant operating in the USA and Europe, our client grappled with challenges in sales data management and promotional compliance. Driven by innovation, they thrive in the competitive retail landscape, offering diverse products and services to meet evolving customer needs.
Challenges Addressed: In a dynamic retail environment, standing out amid competition and online shopping dynamics was crucial. Identifying compliance issues across extensive store networks proved time-consuming and error-prone, impacting sales and brand reputation.
Solutions Implemented: Our advanced analytics-driven compliance measurement solution swiftly identified compliance issues, empowering proactive corrective actions. Leveraging Python and Azure Synapse, the client gained insights into customer behavior and market trends, optimizing sales strategies and enhancing customer satisfaction.
In conclusion, our collaboration empowered the retail giant to overcome compliance challenges, drive revenue growth, and maintain a competitive edge. Through automation and advanced analytics, they ensured brand consistency and maximized ROI, paving the way for sustainable growth and enduring success.
