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Data Science Strategy in Retail

By Kamal Mishra posted Mon November 11, 2019 03:56 AM

  
Please refer to my blog on "Data Science Strategy in Retail" published on medium / TDS(Towards Data Science) here 

The role of data science is playing a significant role in almost all industries and Retail is no exception. This blog talks about some of the top key areas where Data science / AI is playing a role and will continue to play significant role as we move forward to next few quarters.  
a) Customer experience through personalisation or hyper personalisation to be specific
b) Efficiency and Optimization
c) Automation play
In addition to above three key aspects, elements such as mindset, attitude, ability will continue to drive success and outcomes around these.

This article also highlights some glimpse of key challenges retailers are facing, 7 major application themes, focus points for business impact and the "POET" approach points.

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Wed November 13, 2019 01:20 PM

Very interesting, thank you for sharing.