Qlik Case Studies Sathya Agencies Saves INR 5 Crores with Improved Inventory Visibility with Qlikview

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	Sathya Agencies Saves INR 5 Crores with Improved Inventory Visibility with Qlikview Qlik

Sathya Agencies Saves INR 5 Crores with Improved Inventory Visibility with Qlikview

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Technology Category	Analytics & Modeling - Real Time Analytics
Applicable Industries	Retail
Applicable Functions	Human Resources Sales & Marketing
Use Cases	Demand Planning & Forecasting Inventory Management
Services	Data Science Services
Challenge	Sathya Agencies, a fast-growing electronics retailer with over 33 stores in Tamil Nadu, India, was facing several challenges. The company was experiencing duplication in reporting and delayed response times across departments due to the use of SAP B1 ERP for their operations and the development of numerous custom reports to meet every department’s needs. This led to duplication of information and delayed responses. The company also lacked visibility into excess and non-performing stock at all times, which caused logistic issues. There was also a lack of access to a variety of information required for effective sales campaign executions. Furthermore, the lack of mobile access to information for travelling senior management was a significant challenge. Read More
About Customer	Sathya Agencies is a fast-growing electronics retailer with more than 33 stores in the state of Tamil Nadu in India. The company offers a wide product range, best brands, customer satisfaction and competitive pricing to its customers. With a core belief of offering quality products at affordable prices, Sathya guarantees customer satisfaction. The company aims to spread its reach quickly to neighbouring states in India by increasing its nationwide presence to more than 100 stores. To accommodate this quick growth, Sathya wanted to gain insights into the stores' performance and facilitate an optimum level of stock keeping and human resources. Read More
Solution	Sathya deployed QlikView to more than 50 users across all functional areas and store managers in less than 4 months. The company evaluated multiple tools like Crystal Server, Micro Strategy before finalizing on QlikView. They had built a small sales application themselves and were convinced on QlikView’s simplicity and data discovery capabilities. Sathya chose GainInsights, a QlikView Partner, to strategize and implement a holistic solution to address these issues and prepare it for the next level of growth. GainInsights implemented an end-to-end solution comprising Finance, Purchase, Sales, HR and Service applications to meet the needs of all the departments. The implementation was completed in four months and rolled out to more than 50 users. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Applicable Industries

Retail

Applicable Functions

Human Resources

Sales & Marketing

Use Cases

Demand Planning & Forecasting

Inventory Management

Services

Data Science Services

Challenge

Sathya Agencies, a fast-growing electronics retailer with over 33 stores in Tamil Nadu, India, was facing several challenges. The company was experiencing duplication in reporting and delayed response times across departments due to the use of SAP B1 ERP for their operations and the development of numerous custom reports to meet every department’s needs. This led to duplication of information and delayed responses. The company also lacked visibility into excess and non-performing stock at all times, which caused logistic issues. There was also a lack of access to a variety of information required for effective sales campaign executions. Furthermore, the lack of mobile access to information for travelling senior management was a significant challenge.

About Customer

Sathya Agencies is a fast-growing electronics retailer with more than 33 stores in the state of Tamil Nadu in India. The company offers a wide product range, best brands, customer satisfaction and competitive pricing to its customers. With a core belief of offering quality products at affordable prices, Sathya guarantees customer satisfaction. The company aims to spread its reach quickly to neighbouring states in India by increasing its nationwide presence to more than 100 stores. To accommodate this quick growth, Sathya wanted to gain insights into the stores' performance and facilitate an optimum level of stock keeping and human resources.

Solution

Sathya deployed QlikView to more than 50 users across all functional areas and store managers in less than 4 months. The company evaluated multiple tools like Crystal Server, Micro Strategy before finalizing on QlikView. They had built a small sales application themselves and were convinced on QlikView’s simplicity and data discovery capabilities. Sathya chose GainInsights, a QlikView Partner, to strategize and implement a holistic solution to address these issues and prepare it for the next level of growth. GainInsights implemented an end-to-end solution comprising Finance, Purchase, Sales, HR and Service applications to meet the needs of all the departments. The implementation was completed in four months and rolled out to more than 50 users.

Impact #1	Achieved efficiency in inventory management by reducing inventory from 45 days to 30 days stock.
Impact #2	Better insights into account receivables, decreases overdue from 92% to 73% strengthening cash flow and reducing bad debt.
Impact #3	Product managers are better able to understand customer and season patterns for sales campaigns effectively.

Impact #1

Achieved efficiency in inventory management by reducing inventory from 45 days to 30 days stock.

Impact #2

Better insights into account receivables, decreases overdue from 92% to 73% strengthening cash flow and reducing bad debt.

Impact #3

Product managers are better able to understand customer and season patterns for sales campaigns effectively.

Benefit #1	Efficient inventory management results in savings of INR 5 Crores within 3 months of QlikView rollout.
Benefit #2	Decreases overdue from 92% to 73% strengthening cash flow and reducing bad debt.

Benefit #1

Efficient inventory management results in savings of INR 5 Crores within 3 months of QlikView rollout.

Benefit #2

Decreases overdue from 92% to 73% strengthening cash flow and reducing bad debt.

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Overview

Sathya Agencies Saves INR 5 Crores with Improved Inventory Visibility with Qlikview

Operational Impact

Quantitative Benefit