View Larger Image Reduced Customer churn rate using Churn Analytics for a logistics vendor Case Studies Client background: A leading 3PL solutions provider Industry: Transportation & Logistics Products/Services: Advanced Analytics Business Challenge Increasing customer churn rates Understand factors leading to churn Predict potential customers who are likely to churn Roll out retention measures to keep customers with them and increase count of loyal customers Business Solution Gained understanding of churn objectives from the client’s perspective Identified and extracted relevant attributes Performed Exploratory data analysis to evaluate effect of data fields leading to customer churn Built churn prediction model using Classification and Regression Tree (CART) Business Benefits The predictive churn model built attained 91% accuracy Identified critical areas that sought more focus to reduce churn rate Predicted customers who were about to defect Rolled out proactive measures to reduce customer churn Converted low-revenue customers into profitable ones Environment Tableau R Related case study Text analytics for product categorization Data engineering and analysis augmenting dashboard intelligence Reduced Customer churn rate using Churn Analytics for a logistics vendor 12Next 2020-03-17T09:19:02+05:30 Related Posts IoT based comprehensive fleet management software September 27th, 2021 Self-service portal for a Telecom to improve customer experience September 24th, 2021 Increase in approved loan applications using Intelligent decision automation September 24th, 2021 Delivering culturally competent care via automation & telehealth September 24th, 2021 Quick DevOps Solution for Public Sector May 26th, 2021