Professional Certificate in Retail Analytics: Strategic Decision-Making
-- ViewingNowThe Professional Certificate in Retail Analytics: Strategic Decision-Making is a course designed to equip learners with essential skills for career advancement in the retail industry. This program highlights the importance of data-driven decision-making and how advanced analytics can be used to drive business success.
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โข Retail Analytics Foundation: Understanding the basics of retail analytics, data sources, and data collection methods.
โข Data Analysis Techniques: Exploring various data analysis techniques, including descriptive, diagnostic, predictive, and prescriptive analytics.
โข Customer Analytics: Analyzing customer data to understand buying behavior, preferences, and trends.
โข Inventory Management Analytics: Utilizing data analytics to optimize inventory levels, reduce stockouts, and minimize excess inventory.
โข Pricing and Promotion Analytics: Leveraging data analytics to develop pricing strategies, promotions, and markdowns.
โข Supply Chain Analytics: Analyzing supply chain data to optimize logistics, reduce costs, and improve delivery times.
โข Market and Competitive Analysis: Understanding market trends, competitive landscape, and growth opportunities.
โข Strategic Decision-Making: Applying data analytics to make informed decisions, set goals, and measure performance.
โข Communication and Visualization: Presenting data insights effectively to stakeholders through data visualization and storytelling.
โข Ethics and Data Privacy: Understanding ethical considerations and data privacy regulations in retail analytics.
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