How can retail and distribution efficiency lead to increased revenue?
Data Science can help you achieve your business goals with tailored advice specific to your organization. Learn more about how Keiter Data Solutions solved a similar problem for one of our clients in the below case study.
Challenge and Opportunity
A Keiter Technologies client and technology company was seeking to better coordinate product delivery between retailers, manufacturers, and delivery partners.
Our Approach
- Direct store delivery logistics is extremely complicated because numerous factors impact the delivery of inventory at retail locations at specific times.
- Our team enhanced the client’s existing technology by collecting and inputting data, such as seasonality and product grouping, which anticipate inventory need.
- Using their existing data with new data sets, our team was able to build a forecasting model that anticipated inventory needs more effectively, with less data from the stores.
Results
The technology tool has been a major revenue driver for the client resulting in increased revenue and serving over 35,000 partners.
Learn More about our Innovative Data Solutions Services
About the Author
Keiter Technologies
Keiter Technologies focuses on serving businesses with their strategic technology needs through data science, cybersecurity, and IT audit and consulting.
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