![Alcoholic Beverages](https://www.polestarllp.com/assets/img/Alcoholic-Beverages-banner.webp)
Distill data, ferment insights, and taste the results
Build an intelligence engine to know your customers better, get increased ROI for your marketing spends, and improve your micro-segments
Don't just stop at forecasting & pricing but embrace a dynamic approach for S&OP, demand, capacity, and supply planning. Seamlessly intertwine demand and supply for better efficiency and profitability.
Drive sales and enhance brand awareness by determining the right discounts & rebates to boost product demand
Research shows that price management initiatives can increase a company's margins by 2 to 7% in 12 months.
Analyze the impact of social media, influencer, retail, off-premise, and field marketing strategies combined with brand activations
Gauge the effectiveness of sales strategies in attaining desired business objectives with the help of algorithms, dashboards, & more
Unclear plans with ambiguous terms and slow payouts have the potential to become a disincentive. Therefore create plans with:
Move away from traditional supply chain to digital supply chain networks for better visibility, control, collaboration, and efficiency. Create towers for each component of supply chain
As a market with a diverse range of products from premium to lost cost, having local to international brands, and a wide range of constant innovations, bring more visibility into your operations with:
At Polestar, we bring carefully curated insights using statistical techniques and ML models to uncover trends and correlations for pricing optimization, customer behavior, bottling efficiencies, and more
We work have worked on activities related to:
Alcoholic beverages industry utilizes data analytics techniques for valuable insights. This includes sales trend analysis, inventory optimization, customer segmentation, market basket analysis, and price elasticity modeling. Predictive analytics aids in demand forecasting, while social media sentiment analysis and recommendation engines inform marketing strategies. Quality control analytics ensure production consistency, and geospatial analysis helps understand regional preferences. For more techniques we'll have to delve deep into the specific requirements.
Some of the Financial Performance KPIs include: Sales volume, Average selling price (ASP), Total revenue, Gross profit margin, EBITDA, Net income, etc. KPIs for Marketing and Sales Performance include: Market share, Brand awareness, Consumer purchase behavior, Promotion effectiveness, Distributor/retailer relationships. Operational KPIs include: Operational Performance, Production efficiency, Inventory turnover, Waste reduction, Supply chain management, etc. Other KPIs include: Investments in responsible drinking initiatives, Sustainability efforts, etc.
At Polestar we help you track the right KPIs based on your specific needs and requirements. Drop us a message to know more.
Some of the key steps of our implementation process for manufacturing include:
Further steps can be outlined based on your specific needs and requirements.