Tech Stack

.Net core
Microsoft SQL Server
Power BI
Python
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.

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.

Absence of a Prediction-based Approach:

The inventory team wasn’t able to get logical inputs to maintain the inventory. A prediction-based approach for shipment planning was required here.

Our team carefully examined this issue and figured out the stakes involved. Then, we designed and implemented actionable insights from the data. This helped tremendously in the decision-making process, supported by precise predictions and insights.

Lack of Dynamic Insights:

A system that could dynamically update and forecast numbers for the products was vital. This would significantly help in planning business processes.

Brainvire implemented an analytical methodology for a coherent update of the system monthly. All the numbers would be refreshed with the latest forecast numbers. A detailed shipment forecast would be generated at SKU Level every month.

Analyzing Historical Data for Prediction:

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

Absence of a Prediction-based Approach:

The inventory team wasn’t able to get logical inputs to maintain the inventory. A prediction-based approach for shipment planning was required here.

Lack of Dynamic Insights:

A system that could dynamically update and forecast numbers for the products was vital. This would significantly help in planning business processes.

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

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

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

1 year ago

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Tech Stack

About Client

About Product

The Challenges

Analyzing Historical Data for Prediction:

Solution

The Challenges

Report Generation:

sharing reports to multiple stakeholders was a task unaccomplished. There was no feature to publish the reports.

Analyzing Historical Data for Prediction:

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

Absence of a Prediction-based Approach:

The inventory team wasn’t able to get logical inputs to maintain the inventory. A prediction-based approach for shipment planning was required here.

Lack of Dynamic Insights:

A system that could dynamically update and forecast numbers for the products was vital. This would significantly help in planning business processes.

Report Generation:

sharing reports to multiple stakeholders was a task unaccomplished. There was no feature to publish the reports.

Analyzing Historical Data for Prediction:

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

Absence of a Prediction-based Approach:

The inventory team wasn’t able to get logical inputs to maintain the inventory. A prediction-based approach for shipment planning was required here.

Lack of Dynamic Insights:

A system that could dynamically update and forecast numbers for the products was vital. This would significantly help in planning business processes.

Report Generation:

sharing reports to multiple stakeholders was a task unaccomplished. There was no feature to publish the reports.

Result

Client Testimonials

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