29%

Improvement in sales and forecasting accuracy

49%

Faster report generation

55%

Reduction in stockouts

Technologies Used

oracle-netsuite
Oracle NetSuite
Client Profile

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 [et_pb_line_break_holder] -->

Business Context

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

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​


Solution

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​

solution

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


Solution

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

Business Impact

insights-icon

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 helped refine production planning and optimizing inventory management. Achieved precision in fuel buffer levels, streamlining operations. Real-time insights facilitated faster fuel supply and increased customer satisfaction

Analytics Icon

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 has maximized ROI, improving 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 certification, SOC II, and GDPR compliance. 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.

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