Retail Analytics

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Retail Analytics

Author : Emmett Cox
Publisher : John Wiley & Sons
ISBN 13 : 1118099842
Total Pages : 176 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Retail Analytics by : Emmett Cox

Download or read book Retail Analytics written by Emmett Cox and published by John Wiley & Sons. This book was released on 2011-10-18 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inside scoop on boosting sales through spot-on analytics Retailers collect a huge amount of data, but don't know what to do with it. Retail Analytics not only provides a broad understanding of retail, but also shows how to put accumulated data to optimal use. Each chapter covers a different focus of the retail environment, from retail basics and organization structures to common retail database designs. Packed with case studies and examples, this book insightfully reveals how you can begin using your business data as a strategic advantage. Helps retailers and analysts to use analytics to sell more merchandise Provides fact-based analytic strategies that can be replicated with the same success the author achieved on a global level Reveals how retailers can begin using their data as a strategic advantage Includes examples from many retail departments illustrating successful use of data and analytics Analytics is the wave of the future. Put your data to strategic use with the proven guidance found in Retail Analytics.

Style and Statistics

Author : Brittany Bullard
Publisher : John Wiley & Sons
ISBN 13 : 1119270316
Total Pages : 208 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis Style and Statistics by : Brittany Bullard

Download or read book Style and Statistics written by Brittany Bullard and published by John Wiley & Sons. This book was released on 2016-11-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: A non-technical guide to leveraging retail analytics for personal and competitive advantage Style & Statistics is a real-world guide to analytics in retail. Written specifically for the non-IT crowd, this book explains analytics in an approachable, understandable way, and provides examples of direct application to retail merchandise management, marketing, and operations. The discussion covers current industry trends and emerging-standard processes, and illustrates how analytics is providing new solutions to perennial retail problems. You'll learn how to leverage the benefits of analytics to boost your personal career, and how to interpret data in a way that's useful to the average end business user or shopper. Key concepts are detailed in easy-to-understand language, and numerous examples highlight the growing importance of understanding analytics in the retail environment. The power of analytics has become apparent across industries, but it's left an especially indelible mark on retail. It's a complex topic, but you don't need to be a data scientist to take advantage of the opportunities it brings. This book shows you what you need to know, and how to put analytics to work with retail-specific applications. Learn how analytics can help you be better at your job Dig deeper into the customer's needs, wants, and dreams Streamline merchandise management, pricing, marketing, and more Find solutions for inefficiencies and inaccuracies As the retail customer evolves, so must the retail industry. The retail landscape not only includes in-store but also website, mobile site, mobile apps, and social media. With more and more competition emerging on all sides, retailers need to use every tool at their disposal to create value and gain a competitive advantage. Analytics offers a number of ways to make your company stand out, whether it's through improved operations, customer experience, or any of the other myriad factors that build a great place to shop. Style & Statistics provides an analytics primer with a practical bent, specifically for the retail industry.

Retail Analytics

Author : Anna-Lena Sachs
Publisher : Springer
ISBN 13 : 3319133055
Total Pages : 126 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Retail Analytics by : Anna-Lena Sachs

Download or read book Retail Analytics written by Anna-Lena Sachs and published by Springer. This book was released on 2014-12-10 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scanner systems can be used to improve inventory decisions, and develops a data-driven approach that integrates demand forecasting and inventory management for perishable products, while taking unobservable lost sales and substitution into account in out-of-stock situations. Using linear programming, a new inventory function that reflects the causal relationship between demand and external factors such as price and weather is proposed. The book subsequently demonstrates the benefits of this new approach in numerical studies that utilize real data collected at a large European retail chain. Furthermore, the book derives an optimal inventory policy for a multi-product setting in which the decision-maker faces an aggregated service level target, and analyzes whether the decision-maker is subject to behavioral biases based on real data for bakery products.

Retail Analytics

Author : Emmett Cox
Publisher : John Wiley & Sons
ISBN 13 : 1118148320
Total Pages : 176 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Retail Analytics by : Emmett Cox

Download or read book Retail Analytics written by Emmett Cox and published by John Wiley & Sons. This book was released on 2011-09-13 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inside scoop on boosting sales through spot-on analytics Retailers collect a huge amount of data, but don't know what to do with it. Retail Analytics not only provides a broad understanding of retail, but also shows how to put accumulated data to optimal use. Each chapter covers a different focus of the retail environment, from retail basics and organization structures to common retail database designs. Packed with case studies and examples, this book insightfully reveals how you can begin using your business data as a strategic advantage. Helps retailers and analysts to use analytics to sell more merchandise Provides fact-based analytic strategies that can be replicated with the same success the author achieved on a global level Reveals how retailers can begin using their data as a strategic advantage Includes examples from many retail departments illustrating successful use of data and analytics Analytics is the wave of the future. Put your data to strategic use with the proven guidance found in Retail Analytics.

Demand Prediction in Retail

Author : Maxime C. Cohen
Publisher : Springer Nature
ISBN 13 : 3030858553
Total Pages : 166 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Demand Prediction in Retail by : Maxime C. Cohen

Download or read book Demand Prediction in Retail written by Maxime C. Cohen and published by Springer Nature. This book was released on 2022-01-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: From data collection to evaluation and visualization of prediction results, this book provides a comprehensive overview of the process of predicting demand for retailers. Each step is illustrated with the relevant code and implementation details to demystify how historical data can be leveraged to predict future demand. The tools and methods presented can be applied to most retail settings, both online and brick-and-mortar, such as fashion, electronics, groceries, and furniture. This book is intended to help students in business analytics and data scientists better master how to leverage data for predicting demand in retail applications. It can also be used as a guide for supply chain practitioners who are interested in predicting demand. It enables readers to understand how to leverage data to predict future demand, how to clean and pre-process the data to make it suitable for predictive analytics, what the common caveats are in terms of implementation and how to assess prediction accuracy.

The New Science of Retailing

Author : Marshall Fisher
Publisher : Harvard Business Review Press
ISBN 13 : 1422110575
Total Pages : 264 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis The New Science of Retailing by : Marshall Fisher

Download or read book The New Science of Retailing written by Marshall Fisher and published by Harvard Business Review Press. This book was released on 2010-06-22 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retailers today are drowning in data but lacking in insight. They have so much information at their disposal that they struggle with both how to sort through it, and how to add science to their decision-making process without blunting the art that they correctly believe is a key ingredient of their success. This book reveals how retailers can use data to manage everything from strategic assortment planning, inventory management, and markdowns to improve store-level execution. This data-driven approach to the retail supply chain leads to far greater and faster inventory turns, far fewer and lower discounted goods and services, and better profit margins. The authors also tease out the personnel issues and the organizational implications of this approach.

Essentials of Modeling and Analytics

Author : David B. Speights
Publisher : Routledge
ISBN 13 : 1351656031
Total Pages : 415 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Essentials of Modeling and Analytics by : David B. Speights

Download or read book Essentials of Modeling and Analytics written by David B. Speights and published by Routledge. This book was released on 2017-09-11 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essentials of Modeling and Analytics illustrates how and why analytics can be used effectively by loss prevention staff. The book offers an in-depth overview of analytics, first illustrating how analytics are used to solve business problems, then exploring the tools and training that staff will need in order to engage solutions. The text also covers big data analytical tools and discusses if and when they are right for retail loss prevention professionals, and illustrates how to use analytics to test the effectiveness of loss prevention initiatives. Ideal for loss prevention personnel on all levels, this book can also be used for loss prevention analytics courses. Essentials of Modeling and Analytics was named one of the best Analytics books of all time by BookAuthority, one of the world's leading independent sites for nonfiction book recommendations.

Innovating Analytics

Author : Larry Freed
Publisher : John Wiley & Sons
ISBN 13 : 1118779487
Total Pages : 290 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis Innovating Analytics by : Larry Freed

Download or read book Innovating Analytics written by Larry Freed and published by John Wiley & Sons. This book was released on 2013-09-23 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does a CEO, manager, or entrepreneur begin to sort out what defines and drives a good customer experience and how it can be measured and made actionable? If you know how well the customer experience is satisfying your customers and you know how to increase their satisfaction, you can then increase sales, return visits, recommendations, loyalty, and brand engagement across all channels. More reliable and more useful data leads to better decisions and better results. Innovating Analytics is also about the need for a comprehensive measurement ecosystem to accurately assess and improve the other elements of customer experience. This is a time of great change and great opportunity. The companies that use the right tools and make the right assessments of how to satisfy their customers will have the competitive advantage. Innovating Analytics introduces an index that measures a customer’s likelihood to recommend and the likelihood to detract. The current concept of the Net Promoter Score (NPS) that has been adopted by many companies during the last decade—is no longer accurate, precise or actionable. This new metric called the Word of Mouth Index (WoMI) has been tested on hundreds of companies and with over 1.5 million consumers over the last two years. Author Larry Freed details the improvement that WoMI provides within what he calls the Measurement Ecosystem. He then goes on to look at three other drivers of customer satisfaction along with word of mouth: customer acquisition, customer loyalty, and customer conversion.

Essentials of Business Analytics

Author : Bhimasankaram Pochiraju
Publisher : Springer
ISBN 13 : 3319688375
Total Pages : 971 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Essentials of Business Analytics by : Bhimasankaram Pochiraju

Download or read book Essentials of Business Analytics written by Bhimasankaram Pochiraju and published by Springer. This book was released on 2019-07-10 with total page 971 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive edited volume is the first of its kind, designed to serve as a textbook for long-duration business analytics programs. It can also be used as a guide to the field by practitioners. The book has contributions from experts in top universities and industry. The editors have taken extreme care to ensure continuity across the chapters. The material is organized into three parts: A) Tools, B) Models and C) Applications. In Part A, the tools used by business analysts are described in detail. In Part B, these tools are applied to construct models used to solve business problems. Part C contains detailed applications in various functional areas of business and several case studies. Supporting material can be found in the appendices that develop the pre-requisites for the main text. Every chapter has a business orientation. Typically, each chapter begins with the description of business problems that are transformed into data questions; and methodology is developed to solve these questions. Data analysis is conducted using widely used software, the output and results are clearly explained at each stage of development. These are finally transformed into a business solution. The companion website provides examples, data sets and sample code for each chapter.

Marketing Analytics Practitioner's Guide, The - Volume 4: Retail And Statistics

Author : Ashok Charan
Publisher : World Scientific
ISBN 13 : 9811275114
Total Pages : 300 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Marketing Analytics Practitioner's Guide, The - Volume 4: Retail And Statistics by : Ashok Charan

Download or read book Marketing Analytics Practitioner's Guide, The - Volume 4: Retail And Statistics written by Ashok Charan and published by World Scientific. This book was released on 2023-09-13 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the use of analytics becomes increasingly important in today's business landscape, The Marketing Analytics Practitioner's Guide (MAPG) provides a thorough understanding of marketing management concepts and their practical applications, making it a valuable resource for professionals and students alike.The four-volume compendium of MAPG provides an in-depth look at marketing management concepts and their practical applications, equipping readers with the knowledge and skills needed to effectively inform daily marketing decisions and strategy development and implementation. It seamlessly blends the art and science of marketing, reflecting the discipline's evolution in the era of data analytics. Whether you're a seasoned marketer or new to the field, the MAPG is an essential guide for mastering the use of analytics in modern marketing practices.Volume IV is divided into two parts — Retail and Statistics for Marketing Analytics. Retail delves into the various aspects of retail tracking, sales and distribution, retail analytics, and category management.The chapter on retail tracking covers in detail the processes that make up a retail measurement service, including the metrics supported by the service, the key benefits of the service, and how the data is interpreted.The sales and distribution chapter covers five key managerial objectives — building distribution, targeting the right channels and chains, optimizing assortment, securing retailer support, and managing stocks in trade.The retail analytics chapter covers a range of diagnostic analytic tools used to extract insights from disaggregate outlet-level data.Category management offers a framework for retailers to manage their business and for suppliers to understand the dynamics of trade marketing.Statistics for Marketing Analytics covers basic statistics, sampling, and marketing mix modelling. It aims to equip readers with the statistical knowledge and tools necessary to analyse and interpret marketing data. The chapters in this part provide a comprehensive understanding of statistical methods and their applications in marketing analytics, including sampling techniques, probability distributions, hypothesis testing, and regression analysis.

Enterprise Analytics

Author : Thomas H. Davenport
Publisher : Pearson Education
ISBN 13 : 0133039439
Total Pages : 287 pages
Book Rating : 4.1/5 (33 download)

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Book Synopsis Enterprise Analytics by : Thomas H. Davenport

Download or read book Enterprise Analytics written by Thomas H. Davenport and published by Pearson Education. This book was released on 2013 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: "International Institute for Analytics"--Dust jacket.

Engaging Customers Using Big Data

Author : Arvind Sathi
Publisher : Springer
ISBN 13 : 1137386193
Total Pages : 220 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Engaging Customers Using Big Data by : Arvind Sathi

Download or read book Engaging Customers Using Big Data written by Arvind Sathi and published by Springer. This book was released on 2017-03-15 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data is transforming how and where we market to our customers. Using a series of case studies from pioneers, this book will describe how each marketing function is undergoing fundamental changes, and provides practical guidance about how companies can learn the tools and techniques to take advantage of marketing analytics.

Machine Learning Approach for Cloud Data Analytics in IoT

Author : Sachi Nandan Mohanty
Publisher : John Wiley & Sons
ISBN 13 : 1119785855
Total Pages : 528 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Machine Learning Approach for Cloud Data Analytics in IoT by : Sachi Nandan Mohanty

Download or read book Machine Learning Approach for Cloud Data Analytics in IoT written by Sachi Nandan Mohanty and published by John Wiley & Sons. This book was released on 2021-07-14 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Machine Learning Approach for Cloud Data Analytics in IoT The book covers the multidimensional perspective of machine learning through the perspective of cloud computing and Internet of Things ranging from fundamentals to advanced applications Sustainable computing paradigms like cloud and fog are capable of handling issues related to performance, storage and processing, maintenance, security, efficiency, integration, cost, energy and latency in an expeditious manner. In order to expedite decision-making involved in the complex computation and processing of collected data, IoT devices are connected to the cloud or fog environment. Since machine learning as a service provides the best support in business intelligence, organizations have been making significant investments in this technology. Machine Learning Approach for Cloud Data Analytics in IoT elucidates some of the best practices and their respective outcomes in cloud and fog computing environments. It focuses on all the various research issues related to big data storage and analysis, large-scale data processing, knowledge discovery and knowledge management, computational intelligence, data security and privacy, data representation and visualization, and data analytics. The featured technologies presented in the book optimizes various industry processes using business intelligence in engineering and technology. Light is also shed on cloud-based embedded software development practices to integrate complex machines so as to increase productivity and reduce operational costs. The various practices of data science and analytics which are used in all sectors to understand big data and analyze massive data patterns are also detailed in the book.

Retail Buying

Author : Richard Clodfelter
Publisher : Bloomsbury Publishing USA
ISBN 13 : 1501331973
Total Pages : 352 pages
Book Rating : 4.5/5 (13 download)

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Book Synopsis Retail Buying by : Richard Clodfelter

Download or read book Retail Buying written by Richard Clodfelter and published by Bloomsbury Publishing USA. This book was released on 2018-03-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The best retail buying book available. It combines concepts with actual calculations. This provides you with a better understanding of the topics." Katherine Annette Burnsed, University of South Carolina, USA Learn the skills needed to become a successful buyer in any area of retail. The book has step-by-step instructions for typical buying tasks, such as identifying and understanding potential customers, creating a six-month merchandising plan, and developing sales forecasts. It covers math concepts throughout and shows you how to analyze and interpret data with practice problems to prepare you for the profession. You'll also learn about important retailing trends, including global buying and sourcing, omni-channel retailing, online retailing, mobile technologies, and social media in case studies. STUDIO resources include: - Chapter self-quiz questions with scored results and personalized study tips - Glossary flashcards help build industry vocabulary - Downloadable Excel spreadsheets to complete the end of chapter Spreadsheet Skills exercises and assignments - Printable worksheets featuring step-by-step solutions to common retail buying math problems - Links to author-curated videos showing retail math concepts and formulas PLEASE NOTE: Purchasing or renting this ISBN does not include access to the STUDIO resources that accompany this text. To receive free access to the STUDIO content with new copies of this book, please refer to the book + STUDIO access card bundle ISBN 9781501334276.

Research Anthology on Privatizing and Securing Data

Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1799889556
Total Pages : 2188 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Research Anthology on Privatizing and Securing Data by : Management Association, Information Resources

Download or read book Research Anthology on Privatizing and Securing Data written by Management Association, Information Resources and published by IGI Global. This book was released on 2021-04-23 with total page 2188 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the immense amount of data that is now available online, security concerns have been an issue from the start, and have grown as new technologies are increasingly integrated in data collection, storage, and transmission. Online cyber threats, cyber terrorism, hacking, and other cybercrimes have begun to take advantage of this information that can be easily accessed if not properly handled. New privacy and security measures have been developed to address this cause for concern and have become an essential area of research within the past few years and into the foreseeable future. The ways in which data is secured and privatized should be discussed in terms of the technologies being used, the methods and models for security that have been developed, and the ways in which risks can be detected, analyzed, and mitigated. The Research Anthology on Privatizing and Securing Data reveals the latest tools and technologies for privatizing and securing data across different technologies and industries. It takes a deeper dive into both risk detection and mitigation, including an analysis of cybercrimes and cyber threats, along with a sharper focus on the technologies and methods being actively implemented and utilized to secure data online. Highlighted topics include information governance and privacy, cybersecurity, data protection, challenges in big data, security threats, and more. This book is essential for data analysts, cybersecurity professionals, data scientists, security analysts, IT specialists, practitioners, researchers, academicians, and students interested in the latest trends and technologies for privatizing and securing data.

BASIC BUSINESS ANALYTICS USING R

Author : Dr. Mahavir M. Shetiya
Publisher : Thakur Publication Private Limited
ISBN 13 : 9357551441
Total Pages : 207 pages
Book Rating : 4.3/5 (575 download)

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Book Synopsis BASIC BUSINESS ANALYTICS USING R by : Dr. Mahavir M. Shetiya

Download or read book BASIC BUSINESS ANALYTICS USING R written by Dr. Mahavir M. Shetiya and published by Thakur Publication Private Limited. This book was released on 2023-11-10 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Buy BASIC BUSINESS ANALYTICS USING R e-Book for Mba 2nd Semester in English language specially designed for SPPU ( Savitribai Phule Pune University ,Maharashtra) By Thakur publication.

Advanced Customer Analytics

Author : Mike Grigsby
Publisher : Kogan Page Publishers
ISBN 13 : 0749477164
Total Pages : 264 pages
Book Rating : 4.7/5 (494 download)

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Book Synopsis Advanced Customer Analytics by : Mike Grigsby

Download or read book Advanced Customer Analytics written by Mike Grigsby and published by Kogan Page Publishers. This book was released on 2016-10-03 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Customer Analytics provides a clear guide to the specific analytical challenges faced by the retail sector. The book covers the nature and scale of data obtained in transactions, relative proximity to the consumer and the need to monitor customer behaviour across multiple channels. The book advocates a category management approach, taking into account the need to understand the consumer mindset through elasticity modelling and discount strategies, as well as targeted marketing and loyalty design. A practical, no-nonsense approach to complex scenarios is taken throughout, breaking down tasks into easily digestible steps. The use of a fictional retail analyst 'Scott' helps to provide accessible examples of practice. Advanced Customer Analytics does not skirt around the complexities of this subject but offers conceptual support to steer retail marketers towards making the right choices for analysing their data. Online resources include a selection of datasets to support specific chapters.