In today's competitive business landscape, efficient inventory management app is no longer a luxury; it's a necessity. Across industries, companies struggle with outdated systems that hinder growth and profitability. This case study explores how Quantzig, a leading data analytics and low-code development firm, helped various businesses overcome their challenges and achieve significant improvements with inventory management automation.
Many companies, regardless of size or industry, face similar challenges with traditional inventory management systems:
Manual data entry and a lack of integration across systems lead to unreliable stock levels and inefficient forecasting.
Time-consuming order fulfillment, manual reordering, and limited visibility across the supply chain hamper operational efficiency.
Difficulty tracking inventory movement and customer demand hinders proactive decision-making and can lead to missed sales opportunities.
These challenges can translate into significant negative impacts:
This case study explores how Quantzig helped a company overcome the challenges of a manual inventory management system by implementing a low-code solution. Download the case study to learn how the client achieved improved accuracy, streamlined processes, reduced costs, and enhanced customer satisfaction.
CPG
Quantzig integrated data from existing systems (sales platforms, ERPs, supplier databases) to create a centralized view of inventory across the supply chain.
Utilizing low-code platforms, Quantzig built user-friendly applications for inventory tracking, order fulfillment, and reporting.
Automated rules were established based on historical data and pre-defined reorder points to prevent stockouts and optimize inventory levels.
Real-time inventory data visibility was established across warehouses, production lines (for manufacturers), and the supply chain, enabling proactive management.
At Quantzig, we leveraged a robust technology stack to build our low-code automated inventory tracking system. Key modules and their corresponding technologies include:
Built on a low-code development platform like Mendix or OutSystems or Microsoft Power Platform, providing a user-friendly interface for real-time data visualization and analysis.
Powered by a business rules engine like Drools or Camunda, enabling the creation and management of automated reordering rules based on predefined criteria.
Integrated with warehouse management systems (WMS) using APIs and data streaming technologies like Kafka or Apache Flink to ensure accurate and up-to-date inventory data.
A robust database like PostgreSQL or MySQL to store and manage inventory data efficiently.
Deployed on a scalable cloud platform like AWS, Azure, or GCP to ensure high availability and performance.
Clients who implemented Quantzig's low-code inventory management solutions experienced significant improvements
Improved inventory visibility and reduced stockouts led to an average 15% increase in annual sales by fulfilling customer demand more efficiently.
Automated workflows and streamlined processes saved clients an average of 10% on operational expenses, freeing up resources for growth initiatives.
Faster order processing resulted in an average 20% reduction in fulfillment time, exceeding customer expectations.
Timely deliveries and improved communication with customers strengthened relationships and loyalty.
Real-time insights enabled proactive inventory management, better purchasing decisions, and improved production planning (for manufacturers).
Quantzig's low-code inventory management solutions demonstrate the power of data analytics and agile development in transforming businesses across industries. By overcoming the limitations of traditional systems, companies can achieve significant improvements in efficiency, customer satisfaction, and overall growth.
Is your business struggling with outdated inventory management? Contact Quantzig today to learn how our low-code solutions can empower your business for success.
You are this close to getting your asset delivered!
Fill in the details and start your journey with us!
A low-code inventory management solution is a software application that uses a visual development approach to streamline and optimize inventory processes. It often includes features like automated reordering, real-time tracking, demand forecasting, quality control, and integration with other systems.
Low-code inventory management solutions can offer several benefits, including:
Low-code solutions are generally easier to develop, maintain, and scale compared to traditional coding methods. They require less technical expertise and can be customized to meet specific business needs.
Yes, low-code solutions can typically be integrated with other systems such as ERP, POS, and WMS to provide a comprehensive view of inventory data.
A low-code inventory management solution can help by:
Customers have reported:
The implementation time can vary depending on the specific needs of the business and the complexity of the solution. However, low-code platforms often allow for faster development and deployment compared to traditional coding methods.
The cost can vary depending on factors such as the size of the business, the complexity of the solution, and the chosen low-code platform. However, low-code solutions are generally more cost-effective than traditional development methods.
No, you do not need to have a technical background. Low-code platforms are designed to be user-friendly and accessible to non-technical users.
