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Suc­cess stories

Con­sumer Goods & Retail  - Pre­dic­tion and Alloc­a­tion Optim­iz­a­tion for sta­tion­ary Channels

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About

Con­sumer Goods & Retail

A model for pre­dict­ing and optim­iz­ing product alloc­a­tion in sta­tion­ary chan­nels led to sig­ni­fic­ant annual rev­enue growth by redu­cing mis­cal­cu­la­tions and returns.

Ini­tial situation

A large retailer faced an unsat­is­fact­ory rate of mis­cal­cu­la­tions in the sta­tion­ary sec­tor. There was a sig­ni­fic­antly high return rate, while products at other loc­a­tions were sold out much earlier than planned, leav­ing demand unmet.

Archi­tec­ture

The archi­tec­ture is built on Google Cloud, using tech­no­lo­gies such as Google Data­flow, Google Ver­tex AI, Google Cloud Run, and OpenAI.

Gen­er­ated bene­fits

By optim­iz­ing the product alloc­a­tion, mis­cal­cu­la­tions and returns are reduced, lead­ing to sig­ni­fic­ant annual rev­enue growth.

Ser­vices accom­plished by synvert 

synvert developed a model for the drivers of demand. Vari­ous fea­tures were developed, and demand was math­em­at­ic­ally modeled as a tar­get value based on sales. For this pur­pose, a fea­ture store with vari­ous logics was set up. A par­al­lel­iz­a­tion tool was used to effi­ciently handle the under­ly­ing big data chal­lenges when gen­er­at­ing a train­ing set. For infer­ence, synvert developed a fully auto­mated, cloud-nat­ive soft­ware solu­tion that integ­rated into the tar­get systems.

Categories
All
Banking
Communications, Media & Telecom
Consumer Goods & Retail
Energy & Resources
Health & Life Science
Industrials
Insurance
Public Sector
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Soft­ware­Fact­ory at a lead­ing auto­mot­ive soft­ware company
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DevX Impact at a HR-Tech Company
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Driv­ing Inter­na­tional Expan­sion for a Lead­ing Online Car Seller
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Accel­er­at­ing Cloud-Nat­ive Devel­op­ment for a Car Manufacturer
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Retail Com­mis­sion Dia­gnostics Anom­aly Detection
Energy & Resources

Set­ting up a Reli­able and Power­ful Platform
Com­mu­nic­a­tions, Media & Telecom

Pre­dic­tion of cus­tomer prob­ab­il­ity to churn
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Early Detec­tion of Mech­an­ical Issues
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NLP​ in Auto­mot­ive Reporting
Com­mu­nic­a­tions, Media & Telecom

Oper­a­tional Data Lake
Con­sumer Goods & Retail

Real-Time Mar­ket­ing
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Auto­matic clas­si­fic­a­tion of cars by their model
Pub­lic Sector

Dies­el­tech Program
Com­mu­nic­a­tions, Media & Telecom

Data Recon­cili­ation
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Cent­ral­ized Data Warehouse
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Data as a Ser­vice – BI & Big Data CC
Com­mu­nic­a­tions, Media & Telecom

Oper­a­tional Work/Support in Data Warehousing
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Erosion Detec­tion with Com­puter Vision
Com­mu­nic­a­tions, Media & Telecom

Devel­op­ment and Imple­ment­a­tion of a Fully Auto­mated MLOps Platform
Con­sumer Goods & Retail

Pre­dic­tion and Alloc­a­tion Optim­iz­a­tion for sta­tion­ary Channels
Com­mu­nic­a­tions, Media & Telecom

Build­ing a Near Real-Time Recom­mend­a­tion System
Con­sumer Goods & Retail

Migra­tion AWS data plat­form to Google Cloud
Com­mu­nic­a­tions, Media & Telecom

Design and Devel­op­ment of a Google Cloud-Based Data Platform
Con­sumer Goods & Retail

Refact­or­ing, shift and new devel­op­ment of Data Ser­vices in Google Cloud

Estab­lish­ment of a Mas­ter Data Man­age­ment Foundation
Indus­tri­als

Cent­ral Data Lake

Replace­ment of a com­plex IBM Data­stage structure

CRM ana­lyt­ics and lead management

Stand­ard­iz­a­tion of eval­u­ation processes

Devel­op­ment of an ERP data hub

Estab­lish­ment and fur­ther devel­op­ment of a DWH

Devel­op­ment of a group-wide BI platform

Estab­lish­ment of a new sales report­ing system

Source data migra­tion with auto­ma­tion of the source data connection

Cloud self-ser­vice BI for data-driven cor­por­ate management

Devel­op­ment of vari­ous ML use cases with AWS

Replace­ment of an in-house soft­ware development

Com­pany-wide data integration

Imple­ment­a­tion of real-time data links
Con­sumer Goods & Retail

Smart Data Catalog

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