Transportation Analytics Helped a Transportation and Logistics Service Provider to Improve Profit Margins by 3%
LONDON--(BUSINESS WIRE)--Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of its recent engagement which examines the role of transportation analytics in the transportation and logistics industry. This success story offers comprehensive insights into how Quantzig helped a transportation and logistics company to realize the importance and need of applying advanced analytics, machine learning algorithms, and AI to transport and sales data which empowered the client to identify and integrate new data sets to identify better route plans and optimize their strategies.
With the ability to manipulate #data within seconds, transportation managed analytics is centered on fixing problems, not spending time trying to find them.Tweet this
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Key Questions Answered
1. How can transport analytics help improve fleet utilization rate?
2. How can transport analytics help in reducing operational risks?
The case study aligns perfectly with Quantzig’s commitment to helping its clients ensure business continuity by delivering cutting-edge analytics solutions that keep businesses running while equipping them to thrive in the new normal.
According to Quantzig’s transportation analytics experts, “With the ability to manipulate data within seconds, transportation managed analytics is centered on fixing problems, not spending time trying to find them.”
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The rapidly growing business landscape and the acceleration of exploitable and open-ended, unstructured data, has triggered significant disruptions across industries, including the transportation industry. However, most transportation and logistics service providers haven’t kept pace with the proliferation of datasets that are now easily available to them. In this scenario, a leading transportation and logistics services provider faced problems with integrating transport data with data obtained from other databases to gain insights from data.
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How Transportation Analytics Helped the Transport and Logistics Company
1: Improve fleet utilization rate by a whopping 15%
2: Integrate and orchestrate all its IT systems to improve operational efficiency and reduce risks
Our mission, in this case, was to spearhead A streamlined approach eliminating the needs for manual routing and monitoring processes. By leveraging transportation analytics, the client was able to predict demand with an accuracy of 80%, due to which their profit margins increased by 3%, while their vehicle transfer and idle time decreased significantly. Read the complete success story for comprehensive insights: https://bit.ly/2WebRiu
We also offer customized COVID-19 business support solutions to help businesses address their unique challenges and capitalize on new opportunities to generate real business results.
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
SOURCE: Business Wire Staff
VIA: Business Wire