Executive Development Programme in Retail Analytics: Smart Decision-Making
-- ViewingNowThe Executive Development Programme in Retail Analytics: Smart Decision-Making certificate course is a comprehensive program designed to empower professionals with essential skills in retail analytics. This course highlights the importance of data-driven decision-making in the retail industry, where timely and accurate insights can significantly impact business performance.
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⢠Introduction to Retail Analytics: Understanding the fundamentals of retail analytics, its importance, and how it drives smart decision-making.
⢠Data Collection Techniques: Exploring various data collection methods, including Point-of-Sale (POS) systems, customer surveys, and online tracking tools.
⢠Data Analysis Tools: Hands-on training with popular data analysis tools like Excel, R, Python, and Tableau.
⢠Customer Analytics: Delving into customer behavior, segmentation, and profiling to optimize marketing strategies.
⢠Inventory Management: Utilizing retail analytics for better inventory control, demand forecasting, and stock turnover.
⢠Pricing Analytics: Implementing data-driven pricing strategies to maximize revenue and profitability.
⢠Supply Chain Analytics: Streamlining supply chain operations through real-time data monitoring and predictive analytics.
⢠Visual Merchandising Analytics: Applying analytics to optimize store layouts, planograms, and product placement.
⢠Sales Analytics: Evaluating sales performance, identifying trends, and predicting future sales using historical data.
⢠Ethics and Data Privacy: Understanding data privacy regulations and ethical considerations in retail analytics.
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