📊Advance Analysis
Unveiling In-Depth Insights through Advanced Analysis Features in Battery Warranty Management
Advanced analysis feature typically refers to the use of more complex analytical tools and techniques to extract in-depth insights from the data related to battery performance, warranty claims, and sales.
Advanced analysis is categorized into three primary sections to display reports specific to the data under consideration:
Warranty
Product
Sales
Warranty: The Warranty Analysis feature looks closely at warranty claims, checking how well batteries perform and hold up during their warranty periods. It uses smart predictions to foresee problems, helping manufacturers/traders deal with issues before they become big headaches. Special algorithms also help figure out the main reasons for faults, so companies can make their products better and spend less money fixing warranty problems.
Let's understand on each of the types of reports under the Warranty Advance Analysis feature
Claim by Product: This report shows the warning and danger percentages related to claims for a specific product. It provides insights into the status of claims for that product, indicating potential issues or concerns in depth.
Claim by Policy Period: Displays when warranty claims are raised based on the policy period. Helps identify patterns and trends in the timing of warranty claims for better analysis.
Claim by Dispatched Month-Year: Illustrates the ratio of claims for products dispatched in different months over the past months. Offers a view of how product claims vary based on the dispatch time.
Claim by Reason for Rejection: Offers an overview of the reasons behind rejecting warranty claim requests. Helps manufacturers understand common issues leading to claim rejections.
Reason for Rejection of Rejected Warranty: Details all rejected claims along with the specific reasons for rejection. Provides a comprehensive understanding of why certain warranty claims were not approved.
Warranty Claims Ratio: Displays the ratio of warranty claims for specific products and an overall claim ratio. Offers a comprehensive view of the proportion of claims relative to the total number of products.
Claim Raised Based on Policy Period: Shows the distribution of claims raised based on different policy periods for all products. Helps in understanding how warranty claims are spread across different policy durations.
State Wise Warranty Claims: Presents the number of claims raised in different states. Useful for identifying geographic patterns in warranty claims and addressing regional concerns.
Yearly Claims on Product: Displays the history of claims raised for a specific product over the past years. Offers a long-term perspective on the performance and reliability of a product.
Claims Raised Without Sale to Customer: Shows the number of claims raised by outlets where no sale to the customer occurred. Indicates potential issues or concerns that arise outside of customer transactions.
Warranty Claim By Outlets: Represents warranty claims for products across all outlets. Provides insights into which outlets experience higher or lower claim rates.
Outlets-Product Wise Claim Ratio: Represents the claim ratio of products for each outlet. Helps in understanding how different outlets contribute to the overall warranty claim ratio.
Unsold Claims: The report will display the number of unsold claims raised by outlets for the product dispatched.
Vendor’s Claim by Policy Period: The report will display claims for vendor’s products based on the warranty policy period in which month the warranty claim is raised.
Pro Rata Claim by Policy: The report compares the product dispatched count, the number of pro-rata claims raised, and the approved claims across different policy periods for a particular type of product.
Pro Rata Claims Raised based on Policy Period: This report will display claims raised based on different policy periods for all the products.
Product: The Product Advanced Analysis feature is designed to empower manufacturers with comprehensive insights into the performance, quality, and lifecycle of battery products. This multifaceted analysis comprises various components to ensure a thorough understanding and optimization of product-related aspects
Let's understand on each of the types of reports under the Product Advance Analysis feature:
Comparison of Products Dispatched to Claim Raised: This report provides a comparison between the total number of products dispatched and the number of claims raised for those products. It helps in understanding the relationship between product dispatched and the occurrence of warranty claims, identifying potential patterns or anomalies.
Purchase from Vendors by Month-Year: This report presents the number of products purchased from vendors over the past months up to the current date. It allows for tracking the procurement of products from vendors, aiding in inventory management and supply chain analysis.
Vendors Overview: This report displays key information for vendors, including the number of claims raised, sales to customers, and products sold to the company. Offers a comprehensive view of vendor performance and their impact on warranty claims and product sales.
Inward Overview: The analytics in this report provides an overview of the inward movement of the product in the warehouse. It helps in monitoring the flow of products within the warehouse, ensuring efficient inventory management.
Inward History: This report displays the historical data related to the inward serial keys of the product in the warehouse. Offers a detailed record of product movements over time, aiding in tracking and managing inventory history effectively.
Stock Overview: The analytics displays the overview of the stock levels for each product in the warehouse.
Stock History: The analytics displays the overview of the inventory levels for the product in the warehouse.
Outlet Stock Overview: The analytics displays the overview of the inventory levels for the product in the outlet.
Outlet Stock History: The analytics displays the overview of the inventory levels for the product in the outlet
Sales: Sales Analysis is instrumental in understanding the market dynamics surrounding battery products. This component provides a comprehensive view of sales trends. By analyzing sales data in conjunction with warranty and product insights, manufacturers can align production with market needs, optimize inventory, and tailor marketing strategies to enhance overall business performance.
Comparison of Product Sales to Claims Raised: This report displays all dispatched products and compares the verified sales to customers with the claims raised on those products. It helps in assessing the correlation between product sales and warranty claims, identifying potential areas for improvement or issues.
Sales Based on Warranty Period: This report shows sales to customers based on the warranty period for verified sales. It provides insights into how sales are distributed across different warranty periods, aiding in strategic planning and marketing.
Outlet: Yearly Sales: This report presents the yearly verified sales conducted by different outlets for a particular product. It helps in evaluating the performance of outlets over time and identifying trends in sales.
Product Yearly Sales: This report displays the yearly verified sales of a specific product. It provides a historical overview of the product's sales performance, allowing for trend analysis and forecasting.
Outlet’s Footfall Analysis: The purpose of this report is to represent the outlet's footfall by comparing total customer sales with the number of warranty claims raised. It helps in understanding the relationship between outlet foot traffic and warranty claims, potentially indicating customer satisfaction levels.
Outlet’s - Sale from Manufacturer and Sale to Customer: This report represents product-wise outlet sales from the manufacturer and verified sales to customers. It offers insights into the distribution of sales channels and the effectiveness of direct sales versus sales through outlets.
Average Sales Time: This report displays the average sales time of products, comparing dispatched products with verified sales to customers. It helps in assessing the efficiency of the sales process, from product dispatched to customer purchase.
Comparison of Yearly Sales of Products: This report will compare verified sales to customers of multiple products by analyzing them together.
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