Supply Chain Analytics
Supply-chain management was one of the first business functions to undergo substantial technology upgrades; however they were not transformative enough. At DecisionTree, we offer powerful and user-friendly analytics to transform your supply-chain management by helping you plan better, source smarter and optimize delivery & distribution.
Our analytical solutions can help improve your supply-chain experience, while at the same provide you cost benefits and the agility to be nimble to changes in supply and demand. We also help you to forecast demand, optimize your inventory, create a process of continuous planning and create targeted customer retention programs on the basis of market-based recommendations.
Investing in advanced analytics will save money and solve problems you didn't even know you had. It also will allow managers in your company to view data they had never seen before by integrating data from different systems that speak different languages.
Market Basket Analytics
Optimizing Service side is key to long-term financial performance of any enterprise. Our Market Basket Analytic models help you predict future purchase decisions of your customers. By using data modeling techniques, we undertake market- basket analysis to identify next best product recommendation and purchase paths, spot changes in buying behaviors and intercept them with relevant offers and experiences and deliver an omni-channel experience.
Today, companies face the daunting task of making sense of unstructured product and dynamic pricing data. Most businesses fail to make sense of such data and struggle when it comes to identifying the right strategies to improve their product pricing.
Our pricing analytics solutions help companies create optimized pricing, promotion and discounting strategies. Optimized price points help businesses to drive conversions and realize sales opportunities. With the aid of price analysis, businesses can optimize prices and discounts, reduce price gaps, benchmark prices against competitor products to increase both sales and profits.
At DecisionTree, we combine the power of advance data analytics and actionable business intelligence to deliver superior pricing analytics capabilities and increase profitability and competitiveness.
Predicting future demand for products and parts based on past events and trends have always been a key focus area for merchandise planners and supply chain leaders. However, with increased competition, multiple sales channels and shorter product life cycles, accurately predicting demand has become a challenge. Companies that can do a better job of predicting future demand often cut 20-30% out of inventory, depending on the industry. We use a number of learning algorithms to forecast demand that you can track with your actual retail sales and be combined with promotion plans, competitor actions and pricing strategies. We also conduct a deviation analysis between the forecast and actual sales against sales channels and SKUs.
Inventory optimization is the provision of the right inventory, in the right quantities at the right locations. By optimizing their inventory, enterprises reduce stock levels, avoid carrying associated costs and obsolescence write-downs. We advise companies on how much buffer stock they should hold, provide stock recommendations, inventory budget optimization and draw tailored segmentation strategies. This way, you can optimize transport cost, reduce vendor lead time and tackle any other constraint such as material handling or storage capacity.
Every supply chain organization seeks an optimally designed network to reduce cost, while improving efficiency and service levels. You will find that real-time planning will allow a lot of flexibility in terms of dynamic changes in demand and supply. Companies that use big data and advanced analytics to simplify distribution networks save 10-20% of freight and warehousing costs, in addition to large savings in inventories. Our analytics solutions focus on route optimization, shipping schedule optimization and transportation contract compliance.
A successful strategic sourcing program starts with a comprehensive spend analysis that provides more visibility into categories such as procurement, invoicing, expenses and more. This data will be crucial to your procurement team's success in streamlining sourcing, reducing unwanted spend and also realizing potential savings in the long run. Our services include contract audits where we help you to audit complex sourcing contracts, identify discrepancies in billing and recover millions of hidden dollars
Using retail analytics on loyalty card data, a leading pharmacy retail company increased transactions by 15% and clocked 30% rise in average ticket size for loyalty card holders.
Sales at a leading US-based marketplace seller soared 1.5 times, while operating margins registered a 50% increase after changes were made to its pricing algorithm.
Retail giant registered 18% revenue growth by using analytics-driven targeted marketing.