According to a recent press release, “A well-known supply chain analytics solutions provider, Quantzig, has announced the completion of their latest demand and supply forecasting engagement for a telecommunication network provider. The client is one of the renowned companies in the telecommunication industry who offers wireless products and services in the United States. The client wanted to devise reliable market forecasts and improve their customer service levels. They wanted to address the consumers’ demand at the right time by reducing inconsistency and address issues. They were also determined to enhance their operational efficiencies and market opportunities.”

The release goes on, “With the advent of new technologies, market landscapes have started evolving rapidly for the telecommunication industry. This has forced companies in the industry to streamline their demand and supply planning process to boost revenues. However, there many factors such as the introduction of IoT and competition from other OTT services that are posing major challenges for companies. The introduction of IoT has compelled the network providers to streamline their technical capabilities and scale their service offerings. ‘Incorporating demand and supply planning in the supply chain management system helps organizations to predict market demands and transform requirements into supply chain responses,’ says an expert from Quantzig.”

Read more at Business Wire.

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