Case Study
Realizing the Power of Data Analytics in Minimizing Transportation Costs
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