Welcome to NeoQuant Solution Pvt. Ltd.
Business Performance Tracker
Tracking business performance for informed, data-driven decisions.
Improvement in decision making efficiency
Ease-of-tracking business performance assisted the client in making informed data-driven decisions, resulting in 80% improvement in decision making efficiency.
Fraudulent distributor activity identified
Identification of fraudulent activities by the distributors helped save a significant amount of capital.
Data filtered without lag
Managing and filtering out the important data points became more convenient with 100% data being filtered out, allowing them to access only to the required data in different views without any lag.
The client is a global FMCG company with operations in over 25 countries. While its product range is widespread, it is most popularly known for its personal care, health, home care, and nutrition products.
For a business as big as the one in this scenario, the dataset at hand was also quite large. And due to the large volume, there was an ongoing challenge in terms of monitoring the business performance and deriving insights. Additionally, lack of monitoring a lot of times resulted in unethical practices from the distributor’s end.
NeoQuant divided the challenge into four major parts. Along with the team, we figured out that we could solve the issue of business monitoring if we could effectively track the daily sales, SKU volumes, purchases/returns from distributors and retailers, and the discount schemes to avoid any attempt of exploitation from the distributor side.
Together, the client team and NeoQuant built a ‘Business Performance Tracker’ with all the important modules and necessary calculations to ease the entire process of tracking all the business performance details and filter out the necessary information for the management to make business decisions.
How the tracker keeps performance data easy to filter and monitor.
Four Areas Tracked
- Daily sales and SKU volumes.
- Purchases and returns from distributors and retailers.
- Discount schemes, to avoid any attempt of exploitation from the distributor side.
Filtered Data
- Usage of tabular model with all the necessary calculations for ease of understanding.
- End users could connect SSAS to Excel and use Pivot Tables to explore data.
Fraud Identification
- Using the application of business logic and DAX computations, it became quicker and easier to identify any fraudulent distributors as well as any exploitation of the discount schemes on their end.
Ease-of-tracking business performance assisted the client in making informed data-driven decisions, resulting in 80% improvement in decision making efficiency.
Fraudulent distributor activity identified
Identification of fraudulent activities by the distributors helped save a significant amount of capital.
Data filtered without lag
Managing and filtering out the important data points became more convenient with 100% data being filtered out, allowing them to access only to the required data in different views without any lag.
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