How Predictive Analytics Cut Stockouts by 30% for a Leading Retail Chain
Introduction: The Frustration of Empty Shelves It was a busy Friday evening at “FreshMart,” a mid-sized retail chain with over 60 stores spread across multiple cities. Parents were rushing in for their weekend grocery run, only to be greeted by an all-too-familiar sight empty shelves where their favorite breakfast cereal should have been. Store managers […]
The Power of Data Analysis: How It Can Grow Your Business.
In the world, running a business is not just about working harder; you also have to work and think smart. And one of the best ways to do this is by using data analysis. In simple words, data analysis means looking at the information or data you already have, like your sales, what your customers […]