how grocer can profit from predictive analytics

21
BIG DATA

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Post on 13-Jun-2015

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  • 1. BIG DATA

2. Cutting edge scienceto reduce food waste 3. In the European Union currently89 million tons of foodare wasted every year! 4. This is a story of howhow could changethis 5. William is SalesManager of a globalretail chain in Europe.He is increasinglyworried about gettingstigmatized for theenvironmental andsocial impact of foodwastage.As well as.. of coursehis write-offs andout-of-stock quota 6. Food waste is not only an ethical issue Just lookat these numbers! Write-offs are consistently toohigh we are throwing money away! 7. We willneed tochange that!Food waste is not only an ethical issue Just lookat these numbers! Write-offs are consistently toohigh we are throwing money away! 8. Joanna works as ITSupport at theretailer.She tries to savethe planet, is thrilledwith the idea ofopen informationand enjoyschallengingestablished thinkingpatterns. 9. We need to change expectations fromI want abundance of everything at all timesto I want just what I am looking for 10. The global water footprint...and be conscientious about our planet andavailable resources! 11. But how can we know exactly what we need inthe stores at any given time??? ?Let me dosomeresearch 12. at the next meeting 13. governmental policies, infrastructuredevelopments and cutting-edge physics combinedcan solve our problem! 14. All this data feeds into the Blue-Yonder prediction model foraccurate sales predictions for every product, in eachstore, every day enabling us to significantly reduce write- 15. Thats 1800 stores x 450 fish & meatproducts x 360 days = 292 milliondata points per year. 16. An example based on freshfish & meat per year inEurope. 17. This saves about 101,250animals per year from goinginto the garbage bin! 18. Imaginethe global implications! 19. What do you think? 20. Thank you to the photographers for the images under creative commons license. Some rights reserved by Yunchung Lee Some rights reserved by GDSInfographics creative commons onflickr Some rights reserved by Francois Schnell Some rights reserved by North DevonCouncil Some rights reserved by aplysia_06 Some rights reserved by Nick Saltmarsh Some rights reserved by Domiriel Some rights reserved by bixentro Some rights reserved by Dominics pics