Retail Data - Entities and Basic Concepts
Impact_Analytics
Module - 1. Introduction to Retail Data (1 hour)
1.1 Overview of Retail Data
-
-
-
-
- Definition and importance of retail data
- Common sources of retail data
-
-
-
1.2 Key Terms and Concepts
-
-
-
-
- Entities (products, stores, sales, customers)
- Data columns and their significance
-
-
-
1.3 Real-World Examples
-
-
-
-
- Case studies or examples from various retail contexts
-
-
-
Module - 2. Datasets Used in Retail Applications (2 hours)
2.1 Forecasting Datasets
-
-
-
-
- What is forecasting?
- Typical datasets (historical sales, promotions, seasonal trends)
- Key columns (date, sales volume, promotional activity)
-
-
-
2.2 Allocation Datasets
-
-
-
-
- Purpose of allocation in retail
- Typical datasets (inventory levels, store capacities, sales forecasts)
- Key columns (store ID, item ID, current stock, expected demand)
-
-
-
2.3 Ordering Datasets
-
-
-
-
- Role of ordering datasets
- Typical datasets (order history, supplier data, lead times)
- Key columns (order ID, item ID, quantity, supplier)
-
-
-
2.4 Item Planning Datasets
-
-
-
-
- Importance of item planning
- Typical datasets (item attributes, sales patterns, stock levels)
- Key columns (item ID, sales trend, reorder point, safety stock)
-
-
-
Module - 3. In-Depth Analysis of Dataset Columns (2 hours)
3.1 Columns in Forecasting Datasets
-
-
-
-
- Detailed look at date, sales volume, promotional data
- How these columns impact forecasting accuracy
-
-
-
3.2 Columns in Allocation Datasets
-
-
-
-
- Analysis of store ID, item ID, stock levels
- Understanding how allocation decisions are influenced
-
-
-
3.3 Columns in Ordering Datasets
-
-
-
-
- Breakdown of order ID, item ID, quantities, suppliers
- How ordering decisions are made based on these columns
-
-
-
3.4 Columns in Item Planning Datasets
-
-
-
-
- Examination of item attributes, sales trends, reorder points
- How item planning utilizes these columns for effective inventory management
-
-
-
Module - 4. Practical Applications and Case Studies (2 hours)
4.1 Hands-On Exercise: Forecasting
-
-
-
-
- Analyzing a sample forecasting dataset
- Identifying key columns and their impact
-
-
-
4.2 Hands-On Exercise: Allocation
-
-
-
-
- Working with a sample allocation dataset
- Making allocation decisions based on dataset columns
-
-
-
4.3 Hands-On Exercise: Ordering
-
-
-
-
- Examining a sample ordering dataset
- Understanding ordering decisions from dataset columns
-
-
-
4.4 Hands-On Exercise: Item Planning
-
-
-
-
- Using a sample item planning dataset
- Making planning decisions based on dataset columns
-
-
-