A Manufacturing Retailer
Background:
Founded in 2014, the client develops, manufactures and distributes premier beauty, spirits and food products. The group partners with brands, celebrities and retailers. The founding team members at the client are veterans from Louis Vuitton, Moët Hennessy, Prada, Estée Lauder, Coty, and Shiseido.
The client approached Neutrino Advisory in order to help them streamline their logistics and financial data reporting effectively.
Challenges:
The client group faced challenges with their manual process of extracting, compiling and analyzing crucial business information which was being implemented through Excel. This process was quite labor intensive, time consuming and error prone.. This not only affected their efficiency of everyday activities, but also acted as a hindrance when the team had to present these reports to the senior company stakeholders for decision-making. The spreadsheet data crippled their C-suite’s ability to make swift decisions based on real time market dynamics.
Solution:
In order to address these challenges, Neutrino Advisory’s team proposed a comprehensive Data Warehousing solution leveraging Azure Cloud services. Our data and analytics team worked with the existing data sources including multiple QuickBooks instances and Excel spreadsheets to extract, transform and load (ETL) the financial data into a data warehouse. The data engineering team worked closely with business stakeholders to understand the requirements and applied the necessary data transformation and curation logic to prepare and store the insights data in a MySQL database hosted on Azure Cloud. Finally our data visualization team designed Power BI reports that allowed client stakeholders to consume critical information in a real-time manner.
The architecture was built in such a way that it was extensible for future business needs by leveraging cloud resources. Neutrino’s technical expertise and excellence helped in rebuilding the scalable solution within a short time interval for the client’s Operations and Finance teams.
Technology:
Neutrino leveraged technologies such as Azure Cloud infrastructure as well as Microsoft’s Power BI for dynamic Visualization and MySQL for robust database management.
Architecture:
- Swift Decision Making:
By automating data extraction and reporting process, Client’s C-Suite team gained immediate access to real time analytics thus helping them with agile decision making and strategic planning. The time was reduced from 2-3 weeks to real-time.
- Increased accuracy and reliability:
The large volume of data was transformed into information and insights without manual intervention and zero errors. We achieved 100% accuracy through the data warehousing solution.
- Operational efficiency:
By implementing a Cloud solution, we modernized the foundational tech stack and achieved operational efficiencies by building a scalable and sustainable solution for future data-driven economy.
With minimal change management, maximum operational efficiency and adoption, the client team was able to achieve a transformational upgrade to their reporting functionalities.
About Neutrino Advisory
Neutrino Advisory is a leading Digital Strategy, Advisory, and Marketing Technology company dedicated to helping businesses navigate the digital landscape and achieve lasting success. For more information, visit www.neutrinoadvisory.com or write to us on [email protected]