Qlik Case Studies How Qlik Helps Us Better Capture Your Science Fiction Imagination

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	How Qlik Helps Us Better Capture Your Science Fiction Imagination Qlik

How Qlik Helps Us Better Capture Your Science Fiction Imagination

Qlik

Technology Category	Analytics & Modeling - Real Time Analytics
Applicable Industries	Retail
Applicable Functions	Sales & Marketing Business Operation
Use Cases	Real-Time Location System (RTLS) Supply Chain Visibility
Services	Data Science Services
Challenge	ForbiddenPlanet.com, a leading science fiction retailer in Europe, was struggling with data analysis. The company had a vast amount of data but lacked a system for effective analysis. This was particularly problematic in their fast-paced comics business, where new editions are released weekly and accurate estimations of product demand are crucial. The company's management account meetings were inefficient, with an 80-page management pack of quarterly account data that was already out of date by the time of the meeting. The lack of real-time data analysis led to meetings ending with more questions than answers. Read More
About Customer	ForbiddenPlanet.com is the leading science fiction retailer in Europe. The company is best known for its comic book subscription services available through its website, but it also offers a wide range of science fiction memorabilia, from lightsabers to TARDIS replicas. The company has 130,000 products on its website, 30,000 in its flagship London store, and more in other stores throughout the UK. It also provides a variety of comics, graphic novels, and books for purchase. The company's product volume and diversity are signs of a vibrant market and effective business model. However, the fast-paced nature of the comics business presents a challenge in estimating the number of each product needed for customers. Read More
Solution	ForbiddenPlanet.com decided to adopt Qlik, a data analysis platform, to improve their data analysis capabilities. After a week of learning the software, the company was able to take a deep dive into product management analysis, determining their fastest and slowest sellers, where there was excess stock, and where they had no remaining stock. The company then presented live analytics during a management account meeting, which was met with awe and led to the approval of the purchase of 30 new licenses for Qlik Sense. The company also prioritized data literacy and data governance, ensuring that every new user of the program went through a full training session. They adopted the three Ts: tried, tested, and true, encouraging users to test the program by creating reports using the current method, and then compare the data using Qlik. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Applicable Industries

Retail

Applicable Functions

Sales & Marketing

Business Operation

Use Cases

Real-Time Location System (RTLS)

Supply Chain Visibility

Services

Data Science Services

Challenge

ForbiddenPlanet.com, a leading science fiction retailer in Europe, was struggling with data analysis. The company had a vast amount of data but lacked a system for effective analysis. This was particularly problematic in their fast-paced comics business, where new editions are released weekly and accurate estimations of product demand are crucial. The company's management account meetings were inefficient, with an 80-page management pack of quarterly account data that was already out of date by the time of the meeting. The lack of real-time data analysis led to meetings ending with more questions than answers.

About Customer

ForbiddenPlanet.com is the leading science fiction retailer in Europe. The company is best known for its comic book subscription services available through its website, but it also offers a wide range of science fiction memorabilia, from lightsabers to TARDIS replicas. The company has 130,000 products on its website, 30,000 in its flagship London store, and more in other stores throughout the UK. It also provides a variety of comics, graphic novels, and books for purchase. The company's product volume and diversity are signs of a vibrant market and effective business model. However, the fast-paced nature of the comics business presents a challenge in estimating the number of each product needed for customers.

Solution

ForbiddenPlanet.com decided to adopt Qlik, a data analysis platform, to improve their data analysis capabilities. After a week of learning the software, the company was able to take a deep dive into product management analysis, determining their fastest and slowest sellers, where there was excess stock, and where they had no remaining stock. The company then presented live analytics during a management account meeting, which was met with awe and led to the approval of the purchase of 30 new licenses for Qlik Sense. The company also prioritized data literacy and data governance, ensuring that every new user of the program went through a full training session. They adopted the three Ts: tried, tested, and true, encouraging users to test the program by creating reports using the current method, and then compare the data using Qlik.

Impact #1	The adoption of Qlik led to a significant improvement in ForbiddenPlanet.com's management account meetings. Instead of sifting through huge stacks of paper, they were able to display everything on a screen and cover highlights within 15 minutes. This left more time to look forward and create action plans rather than leaving meetings with unanswered questions.
Impact #2	The company experienced a fast adoption onboarding process with Qlik. Within two weeks of buying the licenses, eight members of the team were already using it.
Impact #3	The adoption of Qlik led to the growth of a true data culture within the company. The retail division started taking the analysis outside the company to their supplier meetings in order to broker better deals.

Impact #1

The adoption of Qlik led to a significant improvement in ForbiddenPlanet.com's management account meetings. Instead of sifting through huge stacks of paper, they were able to display everything on a screen and cover highlights within 15 minutes. This left more time to look forward and create action plans rather than leaving meetings with unanswered questions.

Impact #2

The company experienced a fast adoption onboarding process with Qlik. Within two weeks of buying the licenses, eight members of the team were already using it.

Impact #3

The adoption of Qlik led to the growth of a true data culture within the company. The retail division started taking the analysis outside the company to their supplier meetings in order to broker better deals.

Benefit #1	The time taken to create a report that generally took about two weeks was reduced to the time it took to dry hair after breakfast.
Benefit #2	The time spent on management account meetings was significantly reduced, with highlights now being covered within 15 minutes.

Benefit #1

The time taken to create a report that generally took about two weeks was reduced to the time it took to dry hair after breakfast.

Benefit #2

The time spent on management account meetings was significantly reduced, with highlights now being covered within 15 minutes.

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Overview

How Qlik Helps Us Better Capture Your Science Fiction Imagination

Operational Impact

Quantitative Benefit