Originally Published on: Quantzig How we helped leading retailer identify non-compliant stores and categories/SKUs without extensive manpower
Client: Our recent collaboration involved a leading retail powerhouse operating across the USA and Europe, supported by a dedicated workforce of 30,000 employees. They grappled with challenges in sales data analysis and promotional compliance, prompting the pursuit of innovative solutions to streamline strategies effectively.
#InsightfulCompliance #AutomatedAnalytics
Challenges: The extensive scale of sales and promotional data presented management challenges, leading to inefficiencies and errors in decision-making. Manual compliance checks across numerous stores and channels resulted in significant productivity setbacks and delays.
Solutions: Our state-of-the-art compliance measurement solution employed marketing mix models and uplift models to identify stores potentially facing compliance issues. Leveraging Python and Azure Synapse, we designed automated workflows for swift and accurate data analysis. Power Platforms facilitated the development 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 prominent retail giant operating in the USA and Europe, our client encountered 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 imperative. 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.
