Case Study

The electronics brand has increased profits by $433,687 within 5 months

Karim Saydashev

Nov 1, 2023

Top 3 brand in the Electronics niche has transformed their operations with Nyle and boosted their annual profits by 54%, adding $433,687 in profit in just 5 months.

Industry:

Location:

Company Type:

Marketplace:

Electronics

USA

Brand

Amazon USA, Amazon CA

By using Nyle, our client was able to achieve the following goals within just five months:

Labor productivity increased by

50%

Storage Fees reduced by

48%

Profit
increased by

54%

The Challenge

In 2022 our client has been struggling with high shipping costs (6.94% of total revenue) due to disorganized planning of shipments and high storage costs (3.46% of total revenue) due to not using demand forecasting solutions. There has been some stockouts for some of the best selling items, causing the Total Out of Stock rate to be 5%.

high shipping costs

6.94%

from revenue

high storage costs

3.46%

from revenue

reducing the potential of sales by

6.94%

from total expected revenue

The Solution

With our unique shipping recommendations, our client was able to identify effective methods for shipping products through Amazon’s fulfillment system and increase the speed of creating new POs by 17%.

Due to twice shorter distances, better partner program quotes, and planning ahead without the need for air shipment, they achieved shipping cost reductions of 24%.

shipping cost reductions of

24%

By grouping orders together in the same packages for maximum price efficiency, forecasting future demands with high degrees of accuracy, they were able to improve their Amazon inventory performance by nearly 60%, which means more efficient inventory management, optimization of sales and lower storage costs.

Amazon IPI score increased by

60%

Nyle algorithm has helped the client to create 95% accuracy demand forecast for several months ahead and provided the most optimal shipment recommendations to avoid negative events in the future.

Clothing brand gained hidden profits of $262,491 within 7 months

Go to Case Study 5