Data analytics that turns your business data into forecasts and decisions
We work with the data you already have, such as sales history, customer purchase records and operating data, to forecast, analyse and simulate, then turn the results into recommendations your team can use.
- Actual sales
- Forecast
- 80% likely range
- December
- Next peak month
- 12 items
- Products to restock
- 8%
- Customers likely to lapse
Illustrative data
Business data analytics uses the data an organization already has to answer four kinds of question: what happened, why it happened, what is likely to happen next, and what to do about it. The work that helps decisions most usually sits in the last two, because it lets a team act before the outcome arrives.
Read the full summary
NXT Consulting Group provides data analytics for private companies and public organizations in Thailand. The work covers sales and demand forecasting, churn analysis, purchase-data analysis for customer segmentation and lifetime value (RFM and CLV), market basket analysis, propensity models for purchase or campaign response, promotion and pricing analysis, inventory planning, and scenario simulation to show the range of likely outcomes. Every engagement starts with a check of the data already in place, and the method follows the business question. Results are delivered as recommendations, dashboards or models the client's team can keep using, built in the tools the organization already has. Before NXT, our team analysed data for e-commerce and retail platforms and for government agencies.
- 4 levels
- From what happened to what to do next
- Your data
- We start from the data you have, with no new system to buy
- 4–8 weeks
- Typical length of a focused analytics project
- NDA + PDPA
- Confidentiality agreement and personal data protection practice
The questions data can answer
Most organizations already have first-level reporting. Data helps decisions more once it starts to say what is likely to happen next and what to do about it.
- Descriptive
What happened?
Sales reports, KPI dashboards
- Diagnostic
Why did it happen?
Which customers, branches or products changed
- Predictive
What is likely next?
Sales forecasts, customers likely to lapse
- Prescriptive
What should we do?
Stock levels, who to target, simulated options
Data questions we help answer
We choose the method from the business question, and say plainly when a simpler analysis will answer it.
What will sales be next month?
You getForecasts by product or branch with a likely range, for stock planning and targets
Which customers are likely to stop buying?
You getA risk score for each customer, the main reasons, and who to look after first
Which customers create the most value?
You getCustomer groups built from real purchase data, with the lifetime value of each group
Which products are bought together?
You getProduct bundles and cross-sell suggestions based on purchase data
Who is likely to buy or respond to a campaign?
You getA target list ranked by likelihood, so marketing budget goes where response is higher
Which promotions actually add sales?
You getThe extra sales from each promotion and price level, compared with no promotion
If the plan changes, what range of results should we expect?
You getThe likely range of results for each option, such as price, capacity or budget
How much stock should we hold of each item?
You getStock levels and reorder points by item, balancing stock-outs against overstock
How a data analytics project runs
- 01 · Audit
Check the data
Collect data from existing systems such as POS, ERP, CRM or Excel files, check completeness and accuracy, and say at the start how far the data can answer the question.
- 02 · Model
Analyse and model
Choose the method for the question, test accuracy against past data, and explain which factors drive the result.
- 03 · Decide
Turn it into decisions
Summarize the recommendations and numbers leaders can use straight away, such as sales targets, stock levels or the customers to look after first.
- 04 · Handover
Hand it to the team
Deliver the dashboard, model and data-update routine, and train the client's team to use and adjust them.
Data most organizations already have
The data does not need to be perfect at the start. We begin with a data quality check and say plainly how far the data can answer the question.
- Sales history (POS, ERP)
- Line-item purchase records
- Membership and CRM data
- Stock and purchasing data
- Campaign and promotion data
- Website and app data
- Customer surveys
- External data such as holidays and seasons
We work under a confidentiality agreement (NDA), use only the data the question needs, and recommend removing personally identifiable information before data is shared, in line with Thailand's Personal Data Protection Act (PDPA).
What we deliver
The format depends on the question. The previews below are mock-ups of the formats, not client work.
Tracking dashboard
Indicators tied to decisions, refreshed from the team's own data
Forecast model
Forecasts with a likely range and an explanation of the method
Customer scores
A risk or propensity score for each customer, with the main reasons
Scenario simulator
Change the assumptions and see the range of results for each option
Recommendations
What the data says, the options and next steps, in a few pages
Data work our team has done
Examples of data analysis our people did before joining NXT.
Big-data analysis for e-commerce and retail platforms, and development of a geo-data platform business
Customer data analysis to find the root cause of rising marketing costs for CP ALL
Research and survey projects for government agencies with more than 6,000 respondents
Economic impact analysis to support policy decisions
These are our team's prior-role experience at other firms and organizations, not work performed under NXT. Details are on the team profiles.
See NXT's own workQuestions before starting a data analytics project
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ReadOur people in this area
Piyamin TrithipcharoenchaiManaging Partner & Co-founderCo-founder of NXT, working across strategy, research and organization developmentView profile
Nunpaphat CheewaprapharatConsultantB.Econ., first-class honours, Chulalongkorn · formerly Associate Consultant, Bolliger & CompanyView profile
Supawit TipkanjanaratConsultantB.A. in Marketing, Chulalongkorn · formerly Senior Analyst, Vitamins Consulting & Research, and Consultant, JenosizeView profileRelated services and guides
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