LONDON--(BUSINESS WIRE)--Quantzig, a global analytics solutions provider, has announced the completion of their latest big data analytics study on the transportation and logistics industry. The client, a leading logistics service provider, wanted to reduce their lead time and inventory levels. The main objective of the client was to develop a process, which is customer centric and decreases the time taken to transport the goods. Additionally, the client wanted to use big data analytics to collaborate with manufacturers, suppliers, distributors, and retailers.
According to the big data analytics experts at Quantzig, “Big data analytics reduces costs by helping companies to proactively react to inbound and outbound events. It also helps the logistics service providers to improve their supply chain processes and create a robust interoperability model to improve collaboration between sectors.”
The development of the international trade flow and the growth of the global logistics market is directly related. The international trade flow involves enormous data that can be analyzed to make better business decisions. With the growth of the technology, organizations have started utilizing big data analytics to stay ahead of their peers in the logistics market space. Recent research shows that the usage of logistics services in different applications is expected to rise with the introduction of big data analytics.
Transportation and logistics industry has undergone high level of changes in their operations process and is influenced by growing technologies. It has moved from an infrastructure based platform to a data-driven network economy in the recent years. So most of the supply chain service providers are incorporating big data analytics to reduce their lead time and retain their market shares.
The solution offered by Quantzig helped the client to ensure efficient and effective real-time route optimization. The client gained insights on the current market trends, improved ROI, and was able to assess customers’ buying behavior. The logistics service provider was also able to understand the operations better and make better business decisions to retain their position in the global logistics industry.
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This big data analytics solution provided benefits that helped the client to:
- Implement robust customer loyalty management services and boost customer experience
- Develop new business models for small and large enterprises
- To read more, request a free proposal
This big data analytics solution offered predictive insights on:
- Analyzing and deriving conclusions from the data collected to make better business decisions
- Providing operational efficiency, security, safety, and customer experience
- To read more, request a free proposal
View the complete big data analytics study here:
https://www.quantzig.com/content/logistics-industry-big-data-analytics
About Quantzig
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 12 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 all of Quantzig’s services and the solutions they have provided to Fortune 500 clients across all industries, please contact us.
