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Home Case Studies Elevating Business Performance with Real-time Analytics

29%

Improvement in forecasting accuracy

49%

Faster report generation

55%

Reduction in stockouts

About Client

Offen Petroleum is one of the largest fuel distributors in the country that specializes in logistics, warehousing, and distribution services. They have a vast network that extends across multiple regions, catering to a diverse array of motor fuel products and serving a multitude of industries. With longstanding supply relationships, a modernized fleet, scalable processes, and a world-class team, they offer impeccable customer service. They want to enhance their sales through optimized demand forecasting and improved cash flow monitoring by integrating Power BI with NetSuite.

Unveiling Success

Enhancing Resource Management and Solving Challenges with Advanced Tech Solutions

The client faced significant challenges with demand forecasting due to a lack of real-time insights and data visibility in the NetSuite application, which impacted their overall sales. They noticed that the absence of synchronized data adversely affected their marketing strategies, impeded customer segmentation, and impacted the overall performance. To overcome these obstacles, the client wanted to optimize NetSuite data synchronization. Their goal was to obtain timely insights, thereby enhancing forecasting accuracy, streamlining day-to-day operations, and ultimately elevating the effectiveness of marketing initiatives and customer relations.

Challenges

Lack of real-time insights and data visibility in NetSuite impacting fuel retailers’ quarterly and half-yearly forecast
Lack of visibility in production planning, inventory levels, and fuel supplies causing delays and revenue loss
Lack of data synchronization from NetSuite affecting marketing strategies, customer segmentation, and overall performance

Solutions

Integrated NetSuite with Power BI for improved sales and demand forecasting, with better cash flow monitoring
Used Power BI to refine NetSuite data for better inventory planning and fuel buffer levels, boosting revenues
Connected historical data to Power BI for real-time analytics, enabling better decision-making on regional marketing via consumer segmentation and behavior

Tools and Technologies Deployed

Maximizing Business Value

The Business Impact and ROI Realized Through Our Advanced Solutions

Improved Sales

Integrated NetSuite with Power BI has improved sales and demand forecasting through real-time data insights, facilitating informed decision-making. This synergy has improved cash flow management by streamlining financial reporting and analysis.

Expedited Fuel Supply

Leveraged Power BI to enhance NetSuite data to help refine production planning and optimize inventory management. Achieved precision in fuel buffer levels, streamlining operations. Real-time insights facilitated faster fuel supply and increased customer satisfaction.

Increased Business Performance

Synchronized historical data to Power BI enabled real-time analytics, enhancing decision-making for regional marketing. Utilized consumer segmentation and behavior analysis to refine marketing strategies, which has maximized ROI and improved overall business performance by providing insights into regional preferences and trends.

Why Kanerika?

Kanerika is a premier provider of data-driven software solutions and services that facilitate digital transformation. Specializing in Data Integration, Analytics, AI/ML, and Cloud Management, Kanerika prides itself on its expertise in employing cutting-edge technologies and agile methodologies to ensure exceptional outcomes. With a proven track record across various industries, Kanerika maintains rigorous quality standards, backed by ISO 27701 & 27001 certification, SOC II, and GDPR compliance. We are also CMMi Level 3 appraised, further accentuating our commitment to quality service delivery. As a distinguished partner of Microsoft, AWS, and Informatica, Kanerika’s commitment to innovation and strong partnerships positions it at the forefront of empowering businesses for their growth.