Data analytics in ventory management

How You Can Use Data Analytics for Better Inventory Management  

Inventory is the most important section of a company, ranging from different industries, such as retail, manufacturing, and F&B. Proper inventory management strategies can help businesses control their assets and avoid shortage of products.   On the other hand, inventory can be considered as “liability”. A large warehouse contains risks from theft, damage, fees,etc. Plus, […]

location analytics retail

Retail Location Analytics | Definition & Use Cases 

Retail Location Analytics supports businesses with robust conditions to directly approach customers, attract new product users, penetrate and dominate new markets, and promote the production process. This is an essential link to business development, increasing sales, revenue and profit.  What is Retail Location Analytics?  Location analytics is extracting more valuable insights by adding a layer […]

2 Ways Internal Data Can Benefit Your E-commerce Business

2 Ways Internal Data Can Benefit Your E-commerce Business

Simply defined, data is helpful information that you accumulate to support organizational strategies. Data is classified into two categories, including internal data and external data.   External data is gathered from your organization’s external environment, while internal data exists inside your company. Internal data will benefit businesses that want to enhance their performance and those failing […]