S P A R K

Milliard Brands

How Milliard Brands Increased Profitability by 3.3% in Less Than 6 Months

    Home / 3.3% Profitability Increase YoY | Milliard

Challenges

Insufficient Purchasing Insights

The Purchasing Department lacked the necessary insights into the reasons behind excess inventory, leading to suboptimal future purchasing decisions and impacting profitability.

Absence of Centralized Inventory and Financial Data

Management and executives did not have access to overall health metrics of inventory, including its impact on financial performance, hindering strategic planning and profitability assessments.

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Lack of Expertise in Tableau and Data Automation

The client had no prior expertise in Tableau or data centralization and automation, relying instead on third-party software and Excel for data analysis, limiting their ability to make data-driven decisions that could enhance profitability.

User Experience Deficiencies

The existing systems did not provide an intuitive and user-friendly interface suitable for both technical and non-technical users, affecting the efficiency and effectiveness of inventory and financial management.

Limited Historical Data Analysis

The client needed the ability to analyze historical data trends to predict future inventory needs and optimize financial performance, which was not possible with their current setup.

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“Their adeptness in asking pertinent questions and understanding core business issues is commendable. SIG demonstrates a profound ability to delve deep into the subject matter and present comprehensive insights through well-crafted dashboards.”

 

Edon Freiner

Technical Program Manager

Objectives

Dashboard Overview
  • Enable Proactive Management

    Provide the sales and purchasing departments with real-time data to make informed decisions, reducing the risk of excess inventory and optimizing stock levels

  • Insightful Overview of Inventory Health

    Develop a dashboard that highlights key aspects of inventory, with a particular focus on excess inventory and SKU coverage.

  • Improve Financial Health

    Deliver insights into the carrying costs of inventory, especially for higher-value items, to minimize unnecessary expenses and enhance financial performance

Before

Manual, Unorganized, Slow

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After

Automated, Actionable, Real-time

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Process

The company faced numerous challenges in implementing new solutions. We decided to utilize modern approaches and tools to achieve maximum efficiency.

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  • 01 Discover

    In the first phase, we conducted a detailed analysis of existing processes and identified key requirements for the future project.

  • 02 Design

    The second phase involved designing solutions tailored to user needs and business objectives, ensuring intuitive interfaces.

  • 03 Develop

    The third phase encompassed the actual development and implementation of new solutions using advanced technologies.

In-depth Discovery
& Requirements Gathering

During the Discover phase, we aim to thoroughly understand your business needs and target audience.
This process involves detailed interviews with key stakeholders, analysis of market trends, and examination
of current business processes.

Requirements Quad (RQ)

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RQ

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AI-Refined RQ & Industry Research

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Current State Analysis

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App Diagram

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Project Management

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Data Audit

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Action-Driven Design Frammework

Create innovative solutions with our action-oriented design. We offer frameworks that help bring ideas
to life, ensuring efficiency and creativity. Explore new opportunities with us!

Wireframe L1

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Company Branding

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5 Elements of Dashboard Design

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Wireframe L3

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Efficient Development System

Develop an efficient development system to reach new heights in your professional endeavors. Innovative methods and modern technologies ensure maximum productivity and high results. Choose quality and
efficiency at every step!

Data Modeling

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Dashboard Skeleton

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Development Sprints

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Quality Assurance

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Review & Iterate

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Visualization Development

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Deployment

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Feedback & Refinement

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End-User Training

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Support

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Portal Experience

The Millard Analytics Portal provides a comprehensive dashboard experience designed to enhance decision-making and operational efficiency.

It features key performance metrics, customizable visualizations, and real-time data updates, ensuring that users have access to the most relevant
and actionable insights.

The user-friendly interface facilitates seamless navigation, enabling both technical and non-technical users to easily monitor and analyze
performance across various business areas.

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Navigation

The Millard Analytics Portal offers an intuitive navigation system designed for easy access to key performance areas.

Users can swiftly move between dashboards, performance overviews, and detailed reports on revenue, SKU, cost, channel, and historical performance. The interface is tailored to provide a seamless user experience, enhancing efficiency and effectiveness in monitoring and decision-making processes.

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Begin Your Journey with Spark Intel!

At Spark Intel Group, we’re driven by a passion for transforming businesses through AI and data. Ready to be part of a smarter future? Let’s connect and explore how we can empower your team to achieve more.