Client background
Client name: US-based electronics retailer
Industry type: Retail
Key Products & Services: Consumer Electronics and Appliances
Areas of Operation: US, Canada
Challenge
The client was looking for a partner who could proactively drive continuous improvement and ensure delivery excellence with optimized cost structures. The key challenges that needed to be addressed included:
- Knowledge base - No control and insights on comparable data
- Lack of digitization - Issues with existing tools, workflow etc.
- High chargeback rate leading to customer dissatisfaction and financial loss
- Agility to ramp 500+ resource during peak and reduce training time & cost
Solution
- Implemented flex-core model and knowledge management
- Standardized case resolution model to reduce time to resolution
- Dedicated Quality and Six Sigma experts to drive continuous improvement
- Investment in advanced analytics, real-time competitive pricing, fraud and chargeback root-cause analysis
Business impact
- 38% NPS improved over the last 5 years
- 50k cases reduced annually through knowledge management & employee training
- 8% transaction reduction through right first time improvement
- $1.4m savings delivered across Mastercard, Visa, and Amex by reducing chargebacks to <10%
- $1.3m annual savings delivered by driving first-call resolution, lower returns, improved AHT