Case Study: Leading Pharmaceutical Retailing Company achieves inventory cost reduction with Quantzig

Inventory Optimization Helps A Pharmaceutical Retailing Client Optimize Service Levels for Different Product Categories

Quantzig worked with a leading pharmaceutical retailing company that operated retail units across the globe and wanted to improve working capital efficiency while reducing inventory without hurting service levels or sales growth. The client’s goal was also to cut inventory costs by 10% within a year by carrying the right product at the right time and in the right place, using inventory optimization as the core service.

To address this challenge, Quantzig implemented an inventory optimization solution that enabled advanced processing to calculate product redeployment between stores and introduced a tiered service strategy. Quantzig also helped the client adjust staffing, fulfillment, and delivery processes to centralize products and inventories, resulting in a reduction of inventory costs by $0.25 million.