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Analytics in
Consumer Durables
Industry
Consumer durables companies
around the globe are going
through a phase of digital
transformation.
With the application of analytics in consumer
durables, companies are equipped to make:
 Smart Business Decisions
 Manage Supplier Effectiveness
 Improved Customer Segmentation & Targeting
 Streamline Financial Management & Reporting
 Workforce Optimization
Marketing & Sales Analytics:
Companies can leverage
customers data to model
(predict) the consumer
affinity for a particular
segment of their offerings.
Sales
Analysis
Sentiment
Analysis
Promotion Channel
Analysis
Visibility on Primary,
Secondary & Tertiary sales
Efficient Inventory Management
& Lean Supply Chain:
Efficient inventory management is critical for any industry
because of the storage or opportunity cost attached to it.
With predictive analytics, a consumer goods provider can
ascertain the demand by factoring in demand-supply
economics.
Demand Forecasting is also very crucial for the businesses
and can be done through analysis for historical sales data.
01
02
03
With the help of analytics solutions, executive dashboards
can be created, showcasing the metrics across the whole
array of processes and departments.
Financial analysis for P&L
Management and Reporting
It presents a true image on AR & AP by removing duplicity
and identifies trends & bottlenecks through scenario-based
planning.
With a comprehensive financial report generated through a
BI platform, decision-makers can get a multi-dimensional
view of aggregated expense across categories.
Workforce Optimisation
& Skill Development
Using analysis throughout the company, top
and bottom performers can be identified.
This could be used to plan the organisation’s
future spending on training and development
of the workforce.
Compensation analysis can be done based on the
appraisals and performance of the employees.
Conclusion:
An analytics system can pinpoint areas of concern like
product defect ratio, demand & supply pull, and much
more, allows stakeholders in making winning decisions.
It helps in the efficient management of raw materials
sourcing and quality, optimizing inventory, and
understanding margins over costs.
www.polestarllp.com
THANK YOU!
Visit: www.polestarllp.com
Email: rishabh.rai@polestarllp.com

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Analytics in Consumer Durables Industry

  • 2. Consumer durables companies around the globe are going through a phase of digital transformation. With the application of analytics in consumer durables, companies are equipped to make:  Smart Business Decisions  Manage Supplier Effectiveness  Improved Customer Segmentation & Targeting  Streamline Financial Management & Reporting  Workforce Optimization
  • 3. Marketing & Sales Analytics: Companies can leverage customers data to model (predict) the consumer affinity for a particular segment of their offerings. Sales Analysis Sentiment Analysis Promotion Channel Analysis Visibility on Primary, Secondary & Tertiary sales
  • 4. Efficient Inventory Management & Lean Supply Chain: Efficient inventory management is critical for any industry because of the storage or opportunity cost attached to it. With predictive analytics, a consumer goods provider can ascertain the demand by factoring in demand-supply economics. Demand Forecasting is also very crucial for the businesses and can be done through analysis for historical sales data. 01 02 03
  • 5. With the help of analytics solutions, executive dashboards can be created, showcasing the metrics across the whole array of processes and departments. Financial analysis for P&L Management and Reporting It presents a true image on AR & AP by removing duplicity and identifies trends & bottlenecks through scenario-based planning. With a comprehensive financial report generated through a BI platform, decision-makers can get a multi-dimensional view of aggregated expense across categories.
  • 6. Workforce Optimisation & Skill Development Using analysis throughout the company, top and bottom performers can be identified. This could be used to plan the organisation’s future spending on training and development of the workforce. Compensation analysis can be done based on the appraisals and performance of the employees.
  • 7. Conclusion: An analytics system can pinpoint areas of concern like product defect ratio, demand & supply pull, and much more, allows stakeholders in making winning decisions. It helps in the efficient management of raw materials sourcing and quality, optimizing inventory, and understanding margins over costs. www.polestarllp.com
  • 8. THANK YOU! Visit: www.polestarllp.com Email: rishabh.rai@polestarllp.com