Market Overview

Demand Planning Engagement for a Medical Device Manufacturer Helped Achieve Their Organizational Objectives | Quantzig


Quantzig, a pure-play analytics solutions provider, has announced the
completion of their latest demand
planning engagement on the medical devices market
. A medical devices
manufacturer wanted to formulate an effective way to enhance revenue
forecast, improve profitability, and align inventory levels with the
peaks and troughs in demand.

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Supply and Demand Planning: How Demand Planning Methods Can Help Top Medical Device Companies (Graph ...

Supply and Demand Planning: How Demand Planning Methods Can Help Top Medical Device Companies (Graphic: Business Wire)

According to the demand planning experts at Quantzig,
"An efficient system that integrates the best supply and demand
planning strategies means a radical departure from the traditional
demand planning methods."

The medtech market is constantly evolving owing to the constant
advancements and innovations in healthcare technology. Consequently, top
players in the medical devices market are engaged in developing medical
devices that help save lives while meeting the regulatory requirements
along with the industry standards. The use of analytics in demand
planning is certainly the future worth investing in. So, it is important
to leverage analytic solutions to be a part of a developing medical
device industry.

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The demand planning solution helped the medical devices manufacturer
fine-tune their forecasting and demand planning methods. Furthermore,
the company was able to identify and implement the requisite
improvements in their demand planning methods with a quick turnaround
time of about four weeks. The client was also able to improve forecast
accuracy, user productivity, and improve utilization.

This demand planning solution provided benefits
that helped the client to:

  • Respond proactively to market demand
  • Predict future demand patterns
  • To know more about the benefits of demand planning solutions, speak
    to an expert

This demand planning solution offered
predictive insights on:

  • Restructuring the entire system including the demand
    forecasting methodologies strategies and demand management
  • Tracking demands by integrating analytic methodologies and driving
    intelligent responses
  • To gain relevant insights and understand the scope of our research, request
    a proposal

View the complete demand planning engagement summary here:

About Quantzig

Quantzig is a global analytics and advisory firm with offices in the US,
UK, Canada, China, and India. For more than 15 years, we have assisted
our clients across the globe with end-to-end data modeling capabilities
to leverage analytics for prudent decision making. Today, our firm
consists of 120+ clients, including 45 Fortune 500 companies. For more
information on all of Quantzig's services and the solutions they have
provided to Fortune 500 clients across all industries, please contact us.

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