Freight optimization analytics services help organizations reduce operational costs, minimize shipment delays, improve customer service levels and maximize profitability.

Market Equations India has worked with some of the most enduring and respected E-retailers in the world and have a thorough understanding of complex and voluminous e-retail data (customer, transactional, products) that makes us a preferred choice for e-commerce firms and retailers globally. Our Freight Services optimization analytics services has helped E-Commerce firms substantially reduce freight cost while increasing customer service levels and operational efficiency.

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Market Equations India helps a global Fashion retailer with Outbound freight optimization analytics - by cost, service levels, zone, package dimensions and weight thereby, helping the company optimize customer service levels, reduce shipment delays and reduce freight charges that has a direct impact on their bottom line.

Analysis:

Cost per package by zone by service by location: Analysis of cost per shipment package with data cuts on:

• Time period trends- month on month (MOM)
• Carrier- UPS (9 service options) and Canada Post (7 service options)
• Across 3 locations and 8 associated zones (24 levels)

Average cost analysis per zone by location: Percentage distribution of packages and average cost of shipment across:

• Different locations and associated zones (24 levels)
• Time period trends- month on month (MOM)

Analysis on Service Levels: Analysis of packages through various service level options

• Distribution of # orders shipped using various service level options (GND, SurePost, etc - Total: 16.)
• Split across locations and associated zones (24 levels)

Analysis of Dimensionally Weighted Packages:

• Top ten dimensionally weighted products (and their variants, product categories) which drive maximum count/revenue of sales
• Top ten products (and categories) that make it least profitable for us to sell because of the dimensions (and whether do we need to actively promote these products)
• Time period trends- aggregate

Outcome:

• Visual and flexible way to examine the data for meaningful trends and patterns
• Better understanding of how order cost varies across different zones and locations- clearly defines best and least profitable zones/locations for various products
• How different service levels are being utilized and their performance across various products over time
• Examine top ten dimensionally weighted products (and their variants) which drive maximum count/revenue of sales over time
• Study the top ten products that are least profitable to sell because of the dimensions and whether you need to actively promote these products etc.

Freight service optimization analytics helped the firm substantially reduce freight cost while increasing customer service levels and operational efficiency.

Market Equations India offers customized Data Analytics and Modeling outsourcing services to the E-Commerce industry combining in-depth industry knowledge and advanced analytics expertise to deliver solutions that enable our clients take better and enduring fact based business decisions. Our analysts have worked with some of the most enduring and respected E-retailers in the world and have a thorough understanding of complex and voluminous e-retail data (customer, transactional, products) making Market Equations the preferred choice of e-commerce firms and retailers globally.