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Tailor-Made Shipment Forecasting Solution using Data Analytics

Tailor-Made Shipment Forecasting Solution using Data Analytics

Tech Stack

  • .Net core
    .Net core
  • Microsoft SQL Server
    Microsoft SQL Server
  • Power BI
    Power BI
  • Python
    Python
  • ReactJs
    ReactJs

About Client

This US-based healthcare company provides effective medicines for terminal diseases. Their specialty lies in ailments related to cancer and other disorders caused by genetics and heredity. They ship their medications to various locations in the US and aim to have a smooth process in dispatch and transport. Their Trade Sales and Operations team was looking for an accurate forecast of their shipments to aid their inventory management. This would assist their disease care unit keep track of their high-selling medicine monitoring devices and test strips.

About Product

Brainvire developed an efficient data analytics solution that stipulates accurate forecasts of their shipments to facilitate their disease care unit. With the help of state-of-the-art analytics tools and models like Microsoft PowerBI, we empowered the sales and operations team to plan and predict sales accurately and manage their inventory. Data Analytics is the cutting-edge technology that has the power to enable the healthcare industry to manage their inventories and predict their sales meticulously. We leveraged this technology to build an advanced solution for our client.
before

The Challenges

before-ring
Analyzing Historical Data for Prediction:

Identifying trends and patterns in the historic data for inventory management was not possible earlier.

Analyzing Historical Data for Prediction:
We built an analytical forecasting module with ample brainstorming that used historical data to find trends and patterns. This helped the managers to forecast products and medicines in the inventory accurately. We also aligned this forecast model with the quarterly financial planning for better insight.

Solution

The Challenges

Analyzing Historical Data for Prediction:
Identifying trends and patterns in the historic data for inventory management was not possible earlier.

We built an analytical forecasting module with ample brainstorming that used historical data to find trends and patterns. This helped the managers to forecast products and medicines in the inventory accurately. We also aligned this forecast model with the quarterly financial planning for better insight.

Analyzing Historical Data for Prediction:

Result

  • Integration of Business Intelligence
    Our solution aided the sales and operations team in using forecasts and business intelligence for inventory management.
  • Dynamic Insights
    The users can have access to updated data and the latest forecasts that highly influence their decision-making.
  • Customized Reports
    Visual Reports can be sent to the stakeholders rich with information at any time, through email or other means.
  • Efficient Internal Management
    The increase in efficiency for Inventory Management in the company is noteworthy. With the use of data analytics, internal management can now make informed decisions for their business.

Client Testimonials

Mike Luhtanen
I would recommend Brainvire to anyone. They’re a very talented group of software engineers. They’ll tackle any challenges and take scope changes in stride. Along with their responsiveness, their team is communicative and dedicated.
Mike Luhtanen
Founder - Creative LLC
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170 Reviews

They handle all their work with a personal touch, which encourages a continued long-term partnership. Their deliverable are reliable thanks to vigorous QA testing. I would recommend Brainvire to anyone.

Mike Luhtanen
Founder, Creative LLC
5
1 year ago
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