A global data analytics and advisory firm, Quantzig, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of their latest pricing analytics engagement for a leading logistics and transportation services provider. During the course of this engagement, our pricing analytics experts delved into the intricacies of the clients challenges to better understand their business objectives.
Like the other industries, the logistics and transportation industry is currently witnessing a plethora of transformations that have bought in new opportunities as well as challenges. The introduction of new business models, technology, and pricing strategies have further complicated the market landscape, making it difficult to sustain a competitive advantage. Owing to such factors leading players in the logistics industry are now focusing on leveraging pricing analytics solutions to redesign their pricing strategies.
The Business Problem: The client a Fortune 500 logistics and transportation services provider wanted to leverage price optimization models to generate price benchmarks that would help them achieve certain business objectives. They were looking at deploying price optimization models to enhance their ability to forecast price fluctuations and devise robust pricing strategies to sustain a competitive edge.
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Our price optimization solutions are aimed at helping clients to uncover quick wins and additional revenue that can be generated over a short period of time by fixing the most obvious cases of pricing misalignments, says a pricing analytics expert from Quantzig.
The Solution Offered: The price optimization experts at Quantzig adopted a holistic approach to help the client address their key challenges. The solutions offered empowered the client to implement a price optimization strategy which, in turn, enabled them to view data updates in real time, reduce the error rates, and prediction variances.
This case study is a typical example of how price optimization solutions are transforming various industry landscapes. Request a free proposal to know more.
Quantzig’s price optimization solutions helped the client to:
- Implement better pricing strategies to improve their profits
- Bring down price variances of their shipments by 46%
- Request a free demo to know how our pricing analytics solutions can help you revamp your pricing strategies.
Quantzig’s price optimization solutions offered predictive insights on:
- Enhancing the ability to forecast price fluctuations
- Understanding the perspectives of the stakeholders
- Price optimization solutions can help businesses reach greater heights through robust pricing strategies. Request for more information now!
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
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