Podorozhnyk, Ukraine’s largest pharmacy chain, successfully revamped its analytical reporting and inventory management processes by integrating Power BI and Azure Cloud. Leveraging retail business intelligence and retail BI analytics, the transformation reduced report processing times from 5 hours to 4 minutes, delivering real-time data analytics and boosting operational efficiency across its 2,000+ stores, which handle 30,000 SKUs per hour. The project optimized stock management, streamlined supply chain operations, and enhanced decision-making with interactive dashboards and advanced data visualizations.
Pharmacy Retail Business Intelligence Solutions for a Leading Pharmacy Chain
Podorozhnyk is the largest retail pharmacy network in Ukraine, serving over 17 million customers through more than 2,000 pharmacy locations. With a product catalog that processes 30,000 SKUs every hour, Podorozhnyk utilizes business intelligence retail solutions and robust data analytics to manage stock, monitor sales, and optimize its vast supply chain. As a trusted leader in the business intelligence in retail industry, the company has been providing reliable and high-quality pharmaceutical products for over 24 years.
Pharmacy Retail Challenges Solved with
Advanced Analytics and Cloud Solutions
As Podorozhnyk expanded its network, it faced significant challenges in managing real-time inventory data and generating timely analytical reports. Their existing system struggled to handle large volumes of data across multiple datasets, causing delays in report generation. Key metrics such as product turnover, stock levels, and supply chain efficiency were difficult to access in real-time. This lack of business analytics and business intelligence solutions in retail led to inefficiencies in inventory management, overstock issues, and slow decision-making. By integrating retail analytics business intelligence, Podorozhnyk could address these challenges, streamline operations, and enhance decision-making with real-time insights.
Sales by Group Divisions
Cobit Solutions implemented a fully customized business intelligence solution using Power BI and Azure Cloud to address these challenges. The migration to Azure Cloud provided scalable and high-performance data processing, enabling near-instant report generation. Power BI was used to develop interactive dashboards that provided real-time data visualizations and insights into inventory turnover, stock levels, and sales performance.
The solution includes real-time inventory and sales analytics, powered by retail business intelligence solutions:
- Azure Cloud Integration for faster, scalable data processing.
- Customizable data visualizations to track product performance, demand forecasting, and stock optimization.
- Inventory Turnover Matrix to streamline inventory management and reduce excess stock levels.
These enhancements enabled the management team to monitor KPIs in real-time, optimize the procurement process, and minimize the risk of overstocking or understocking critical products. By leveraging retail industry business intelligence, the cloud-based solution provided seamless access to data from multiple sources, improving the speed and accuracy of decision-making while driving operational efficiency.”
Power BI and Azure Cloud: Outcomes in Pharmacy Retail Analytics​
- Faster Report Processing: The migration to Azure Cloud reduced report generation times from 5 hours to just 4 minutes, allowing real-time access to critical business insights.
- Optimized Inventory Management: The implementation of an Inventory Turnover Matrix provided detailed insights into product demand and turnover rates, allowing Podorozhnyk to optimize stock replenishment cycles, reduce excess inventory, and improve product availability.
- Real-Time Analytics: Power BI dashboards enabled real-time analytics, empowering the management team to make data-driven decisions quickly and improve operational performance.
- Improved Supply Chain Efficiency: Streamlined supply chain processes resulted in better stock control and more efficient procurement, reducing operational costs and ensuring the right products were available at the right time.
- Scalability: The Azure Cloud infrastructure provided the scalability needed to support the growing network of pharmacies without compromising performance, ensuring long-term business agility.
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Looking to transform your business with advanced Power BI and Azure Cloud solutions? Cobit Solutions offers tailored Pharmacy Retail Business Intelligence Solutions that deliver real-time insights and streamline operations. Contact us today to learn how our expertise in cloud-based analytics and data visualization can help you optimize reporting processes, improve inventory management, and enhance decision-making. Schedule a consultation with our experts to see how we can elevate your business performance.
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