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Data Mining Problems in Retail

Highly Scalable

Retail is one of the most important business domains for data science and data mining applications because of its prolific data and numerous optimization problems such as optimal prices, discounts, recommendations, and stock levels that can be solved using data analysis methods. However, many of these models are highly parametric (i.e.

Retail 152
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The Management Revolution that Never Happened

The Agile Manager

Microcomputers improved the efficiency of data collection and made it easy to consolidate operational data. This has happened through equity buybacks (in 2005-8 this was usually funded with debt, since 2009 it's just as likely to be funded with excess cash flow) and dual-class share structures (Groupon, Facebook, News Corp, etc.)

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Are Microservices to Ecosystems as Core Competencies were to Conglomerates?

The Agile Manager

The thinking was that by owning the supply chain from raw materials to retail outlets, a firm had direct control over its entire cost structure, making it better able to squeeze efficiencies out of it and being less susceptible to supply shocks. As far back as the 19th century, industrial firms pursued vertical integration strategies.