Executive Development Programme in Retail Data for the Modern Enterprise
-- ViewingNowThe Executive Development Programme in Retail Data for the Modern Enterprise is a certificate course designed to empower professionals with essential skills in retail data analytics. In today's data-driven world, retail organizations demand leaders who can leverage data-driven insights to make informed decisions and drive business growth.
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โข Retail Data Analytics Fundamentals: Understanding the basics of retail data analytics, data-driven decision making, and the role of data in modern retail.
โข Data Collection Methods: Exploring various data collection methods, including point-of-sale (POS) systems, customer feedback, and third-party data sources.
โข Data Cleaning and Preparation: Techniques for cleaning and preparing retail data for analysis, including handling missing data, outliers, and data normalization.
โข Data Visualization: Techniques for visualizing retail data to gain insights and communicate findings to stakeholders.
โข Predictive Analytics: Introduction to predictive analytics, machine learning algorithms, and their applications in retail.
โข Customer Segmentation and Targeting: Methods for segmenting customers based on purchasing behavior, demographics, and other factors, and strategies for targeting specific segments.
โข Inventory Management and Optimization: Using data to optimize inventory levels, reduce stockouts and overstocks, and improve supply chain management.
โข Pricing Strategies: Analyzing pricing data to develop effective pricing strategies, including dynamic pricing, promotional pricing, and markdown optimization.
โข Performance Metrics and KPIs: Defining and tracking key performance indicators (KPIs) for retail operations, including sales, profitability, and customer satisfaction.
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