diff --git a/examples/quantization_2of4_sparse_w4a16/README.md b/examples/quantization_2of4_sparse_w4a16/README.md
index 51e04dd98..c1e34c280 100644
--- a/examples/quantization_2of4_sparse_w4a16/README.md
+++ b/examples/quantization_2of4_sparse_w4a16/README.md
@@ -45,37 +45,79 @@ It contains instructions to prune the model to 2:4 sparsity, run one epoch of re
 and quantize to 4 bits in one show using GPTQ.
 
 ```python
+from pathlib import Path
+
 import torch
-from transformers import AutoModelForCausalLM
+from loguru import logger
+from transformers import AutoModelForCausalLM, AutoTokenizer
+
+from llmcompressor import oneshot, train
 
+# load the model in as bfloat16 to save on memory and compute
 model_stub = "neuralmagic/Llama-2-7b-ultrachat200k"
 model = AutoModelForCausalLM.from_pretrained(model_stub, torch_dtype=torch.bfloat16)
+tokenizer = AutoTokenizer.from_pretrained(model_stub)
 
+# uses LLM Compressor's built-in preprocessing for ultra chat
 dataset = "ultrachat-200k"
-splits = {"calibration": "train_gen[:5%]", "train": "train_gen"}
 
+# Select the recipe for 2 of 4 sparsity and 4-bit activation quantization
 recipe = "2of4_w4a16_recipe.yaml"
+
+# save location of quantized model
+output_dir = "output_llama7b_2of4_w4a16_channel"
+output_path = Path(output_dir)
+
+# set dataset config parameters
+splits = {"calibration": "train_gen[:5%]", "train": "train_gen"}
+max_seq_length = 512
+num_calibration_samples = 512
+
+# set training parameters for finetuning
+num_train_epochs = 0.5
+logging_steps = 500
+save_steps = 5000
+gradient_checkpointing = True  # saves memory during training
+learning_rate = 0.0001
+bf16 = False  # using full precision for training
+lr_scheduler_type = "cosine"
+warmup_ratio = 0.1
+preprocessing_num_workers = 8
 ```
 
-## Step 2: Run sparsification using `apply`
-The `apply` function applies the given recipe to our model and dataset.
-The hardcoded kwargs may be altered based on each model's needs.
-After running, the sparsified model will be saved to `output_llama7b_2of4_w4a16_channel`.
+## Step 2: Run `sparsification`, `fine-tuning`, and `quantization`
+The compression process now runs in three stages: sparsification, fine-tuning, and quantization.
+Each stage saves the intermediate model outputs to the `output_llama7b_2of4_w4a16_channel` directory.
 
 ```python
-from llmcompressor.transformers import apply
+from llmcompressor import oneshot, train
+from pathlib import Path
 
 output_dir = "output_llama7b_2of4_w4a16_channel"
+output_path = Path(output_dir)
 
-apply(
+# 1. Oneshot sparsification: apply pruning
+oneshot(
     model=model,
     dataset=dataset,
     recipe=recipe,
-    bf16=False,  # use full precision for training
+    splits=splits,
+    num_calibration_samples=512,
+    preprocessing_num_workers=8,
     output_dir=output_dir,
+    stage="sparsity_stage",
+)
+
+# 2. Sparse fine-tuning: improve accuracy on pruned model
+train(
+    model=output_path / "sparsity_stage",
+    dataset=dataset,
+    recipe=recipe,
     splits=splits,
-    max_seq_length=512,
     num_calibration_samples=512,
+    preprocessing_num_workers=8,
+    bf16=False,
+    max_seq_length=512,
     num_train_epochs=0.5,
     logging_steps=500,
     save_steps=5000,
@@ -83,11 +125,34 @@ apply(
     learning_rate=0.0001,
     lr_scheduler_type="cosine",
     warmup_ratio=0.1,
+    output_dir=output_dir,
+    stage="finetuning_stage",
 )
 
+# 3. Oneshot quantization: compress model weights to lower precision
+quantized_model = oneshot(
+    model=output_path / "finetuning_stage",
+    dataset=dataset,
+    recipe=recipe,
+    splits=splits,
+    num_calibration_samples=512,
+    preprocessing_num_workers=8,
+    output_dir=output_dir,
+    stage="quantization_stage",
+)
+quantized_model.save_pretrained(
+    f"{output_dir}/quantization_stage", skip_sparsity_compression_stats=False
+)
+tokenizer.save_pretrained(f"{output_dir}/quantization_stage")
+
 ```
 
 ### Custom Quantization
-The current repo supports multiple quantization techniques configured using a recipe. Supported strategies are `tensor`, `group` and `channel`. 
-The above recipe (`2of4_w4a16_recipe.yaml`) uses channel-wise quantization specified by `strategy: "channel"` in its config group. 
-To use quantize per tensor, change strategy from `channel` to `tensor`. To use group size quantization, change from `channel` to `group` and specify its value, say 128, by including `group_size: 128`. A group size quantization example is shown in `2of4_w4a16_group-128_recipe.yaml`.
+The current repo supports multiple quantization techniques configured using a recipe. Supported strategies are tensor, group, and channel.
+
+The recipe (`2of4_w4a16_recipe.yaml`) uses channel-wise quantization (`strategy: "channel"`).
+To change the quantization strategy, edit the recipe file accordingly:
+
+Use `tensor` for per-tensor quantization
+Use `group` for group-wise quantization and specify the group_size parameter (e.g., 128)
+See `2of4_w4a16_group-128_recipe.yaml` for a group-size example