What business problems can be solved with alternative data?
Alternative data is a simple concept that provides valuable and flexible information beyond that offered by traditional data, mostly used in the financial world to evaluate a business or investment outside the scope of traditional data sources. The accelerating generation of alternative data obtained through emails, social media, satellites, financial reports, geolocation, among other sources, […]
Supply Chain analytics and inter-company relationships
Nowadays, industries can obtain a comprehensive and detailed view of all types of relationships that companies have in a given area, and visualize all the hidden tiers that are part of any supply chain, thanks to Big Data techniques. With Big Data techniques, it is now possible to gain a comprehensive understanding of the logistical, […]
Foot traffic in self-service retail stores
Foot Traffic analytics have revolutionized the way retailers implement expansion, commercial and operational strategies in self-service stores. The correlation between location and foot traffic analytics, visits, sales, and the success of retail self-service restaurants have been studied and proven, so the development of this type of analysis has become a priority in the site selection […]
Benefits of supply chain mapping with Big Data
Supply chain mapping with Big Data is the process of identifying all companies and suppliers in order to analyze and improve the operations that are part of every material, process and delivery involved in the commercialization of products and services. What is supply chain mapping? Supply chain mapping is the process of documenting information on […]
How To Use Predictive Analytics For Supply Chain Optimization?
Supply chain predictive analytics help companies to optimize their supply chain workflow by providing forecasts, identifying inefficiencies and driving forward innovation. Data is helping supply chain management to accomplish things that were practically impossible years ago. In this scenario, predictive analytics has become the perfect way for companies to fight the complexity and the constant […]
Alternative Data: The Ultimate Guide For Businesses
Alternative data refers to unconventional, non-traditional data sources that provide strategic insights. Unlike traditional sources, it uncovers hidden trends and patterns often missed by standard data analysis. How has alternative data transformed business intelligence? Historically, businesses and hedge funds used only traditional data to make decisions. However, the last decade has seen an exciting shift […]
Supply Chain analytics: From data to outcomes
Supply chain analytics represents the ability to make data-driven decisions based on a summary of relevant and reliable information, influencing key decisions that lead to better results. This technological tool provides supply chain operations managers with a complete view of logistics networks, enabling them to understand the upstream and downstream effects of a specific disruption. […]
Measuring footfall in restaurant franchises
Footfall analytics have revolutionized the way retailers implement branch expansion, commercial and operational strategies in the restaurant franchise market. The correlation between location and footfall analytics, visits, sales, and the success of retail fast-food franchises have been studied and proven, so the development of this type of analysis has become a priority in the site […]
Location analytics in pharmacies: CLICKS Vs. Dis-Chem
Pharmacy franchise owners need to apply location and foot traffic analytics techniques to identify consumer behavior patterns, thereby maximizing sales and generating more efficient expansion strategies. Case Study: Location analytics around CLICKS and Dis-Chem in Cape Town, South Africa. At PREDIK Data-Driven we conducted a study of the mobility around two retail pharmacy franchises in […]
Foot traffic analytics in 100 Montaditos, Spain
Restaurant franchise owners need to apply location intelligence and foot traffic analytics techniques to identify consumer behavior patterns, in order to maximize sales and generate more efficient expansion strategies. Case Study: Comparison of foot traffic around 100 Montaditos in Madrid and Valencia At PREDIK Data-Driven we conducted a foot traffic analysis around two retail franchises […]