Case Study

Realizing the Power of Data Analytics in Minimizing Transportation Costs

Realizing the Power of Data Analytics in Minimizing Transportation Costs

Realizing the Power of Data Analytics in Minimizing Transportation Costs

Pages 2 Pages

Realizing the Power of Data Analytics in Minimizing Transportation Costs DATA ANALYTICS AS A PROMISING TECH-ENABLED COST REDUCTION STRATEGY In today’s hyper-competitive market, every dollar counts. Traditional cost-optimization approaches are, however, yielding diminishing returns and will soon be obsolete. Subsequently, firms are increasingly turning to tech- enabled cost reduction strategies, one of which is data analytics. The global market for data analytics is projected to hit US$132.9 billion by 2026, at a staggering CAGR of 26.4%*. Our client is one of Japan’s largest car distributors. They soon realized car delivery had been taking up a lot of their operational budgets. Furthermore, moving cars around hundreds of stores and auction spots within Japan had pr

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