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 […]
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 […]
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 […]
Should I expand my stores to other cities in 2022?
Retail store expansion strategies are one of the most fundamental issues for growing retailers. Opening a new store can be a game changer if you get the location right, or your new store could be doomed to failure if the location doesn’t attract enough customers. In addition to geographical factors, such as transportation accessibility and […]
Footfall analysis of a historical site in Mexico City
Footfall analytics based on Big Data techniques allow businesses to understand a point of interest and with it, implement strategies, expansion strategy models and solutions within retail and wholesale markets, helping leaders to make better decisions based on mobility patterns. At PREDIK Data-Driven we conducted a detailed study of La Plaza de la Constitución, informally […]
How to create the best business branch expansion strategy?
For successful branch expansion strategies and site selection plans, evaluating your business model according to the potential market needs is crucial. Location and foot traffic analytics is the most effective way to achieve this. In this article you will learn about: What is location intelligence? Location Intelligence (LI) is an advanced data analytics technique. It […]
Top 10 Uses Cases of foot traffic in public transport
Foot Traffic analytics can identify the characteristics of transit stops and routes, helping to determine and improve the overall coverage of any transit system. When it comes to public transport, foot traffic analytics can be of great help to authorities, who are faced with various challenges such as road congestion and the diversity of modes […]