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Digital Retail with DATAFOREST
The objective of data engineering in retail is to improve operational efficiency, reduce costs, increase sales, and deliver a better shopping experience for customers.
Our Services in the Retail Industry
The new retail world needs data engineering to make sense of all the info, run things smoothly, and treat customers like VIPs with intelligent tricks.
Data Science for retail trends
and optimizing inventory
Retailers analyze sales data, customer behaviors, and market trends to predict future demand, identify popular products, and plan inventory accordingly.
Data Scraping gathers
external data for insights
Scraping competitor pricing data and monitoring social media trends provide insights for adjusting marketing strategies. Vendors tailor their promotions and advertisements to target audiences effectively.
Web Applications enhance
customer experiences
Web applications manage customer orders, track sales data, and optimize checkout. They also facilitate customer interactions and provide personalized shopping experiences.View page
Data Integration provides
automation of various processes
The service automates restocking inventory when it's low, streamlining supply chain operations and managing orders efficiently by integrating data from multiple sources (sales, inventory, and customer records).
DevOps maintains the
technology backbone
DevOps is crucial in the retail industry for creating and maintaining the systems that support online and in-store operations. It ensures that the software and tools used for automation and data processing run smoothly.
Tailored Retail Solutions Kick Business Goals
Customized solutions in retail help stores predict trends accurately, do tasks faster, make more sales, manage stuff smoothly, save money, and keep everyone smiling!
01
Better decision-making through trend
analysis and actionable insights.
analysis and actionable insights.
02
Quicker order processing and fewer
errors in in-store operations.
errors in in-store operations.
03
Boosting targeted promotions and
raising purchase likelihood.
raising purchase likelihood.
04
Higher conversions, satisfied
customers, and increased revenue.
customers, and increased revenue.
05
Products are available where
and when needed.
and when needed.
06
Standing out with tailored
customer experiences.
customer experiences.
07
Cutting costs through reduced
errors and manual work.
errors and manual work.
08
Adapting to changing retail dynamics
for sustained relevance.
for sustained relevance.
Boost Work Efficiency and Accuracy with Expert Machine Learning Support.
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Employee Tracker
The large Retail company was facing a significant challenge in managing and tracking our employees' working hours and needed a solution that would automate the process and ensure accuracy. We developed a system for counting employees' working hours. Employees simply approach the device upon arrival and the system automatically identifies them and records their check-in time.
DATAFOREST has an excellent workflow and provide constant and close communication. The team brings in a range of technical talent to address issues as they arise.
Performance Measurement
The Retail company struggled with controlling sales and monitoring employees' performance. We implemented a software solution that tracks sales, customer service, and employee performance in real-time. The system also provides recommendations for improvements, helping the company increase profits and improve customer service.
They easily understand industry-specific data and KPIs, and their efficiency as a team allows them to deliver results quickly.
Supply chain dashboard
The client needed to optimize the work of employees by building a data source integration and reporting system to use at different management levels. Ultimately, we developed a system that unifies relevant data from all sources and stores them in a structured form, which saves more than 900 hours of manual work monthly.
Their technical knowledge and skills offer great advantages. The entire team has been extremely professional.
Store heatmap
The electronics retailer, wanted to improve their sales and customer service by analyzing the flow of people into their stores. We created a system using Machine Learning, image detection, and face recognition. The system tracks visitors' movements and the most viewed shelves and products. This information helps the store to focus on selling popular products and to avoid unpopular ones, ultimately improving the sales process.
DATAFOREST provides meaningful shopper-behavior Insights. They are very responsive and effective, trying to engineer and offer the best fit solution.
Demand forecasting
We built a sales forecasting system and optimized the volume of goods in the warehouse and the range of goods in different locations, considering each outlet's specifics. We set up a system that has processed more than 8 TB of sales data. These have helped the retail business increase revenue, improve logistics planning, and achieve other business goals.
I think what is really special about the DATAFOREST service is its flexibility, openness, and level of quality and expertise.
Insurance Sales Automation
An insurance agency was struggling with a slow lead intake process and a demotivated sales team. Their customer retention rate was stuck at 32%, and they urgently needed more customers. By implementing tailored solutions including automated lead intake from top carriers, seamless internal data synchronization, integration with quote providers, and the unification of all communication channels in a single Live Chat platform, we supercharged their growth! Their customer numbers shot up 2x, and they're back in the game!
The DATAFOREST team truly understood the issues we were facing and came up with solutions that have completely transformed our insurance agency.
Insurance Profitability Analysis Tool
This project involved developing a tailor-made data analysis tool for a U.S. insurance provider who were facing challenges analyzing a significant volume of data. The Client needed a professional and customized solution which would enable effective analysis of their data and provide actionable insights to improve their business operations. Our solution delivers real-time processing of data, flexible filtering capabilities through dashboards, and also supports dashboards detailing the evaluation of insurance loss or profit by industry vertical. Additionally, a predictive model for profitable insurance cases was built using historical data, and a reporting system was created to show significant factors and profitability based on different metrics.
Great work! The team provided an excellent solution for consolidating our data from multiple sources and creating valuable insights for our business.
Client Identification
The client wanted to provide the highest quality service to its customers. To achieve this, they needed to find the best way to collect information about customer preferences and build an optimal tracking system for customer behavior. To solve this challenge, we built a recommendation and customer behavior tracking system using advanced analytics, Face Recognition, Computer Vision, and AI technologies. This system helped the club staff to build customer loyalty and create a top-notch experience for their customers.
The team has met all requirements. DATAFOREST produces high-quality deliverables on time and at excellent value.
Financial Intermediation Platform
The project aims to develop a deal origination platform for private equity investments in infrastructure-related sectors and involves building a secure, interactive B2B platform from scratch, with sign-up functionality to connect investment firms to proprietary investment opportunities. DATAFOREST built a highly-loaded platform and applied AI functionality to empower the application's development.
They understood our requirements, translated into actions rapidly, and adapted to requests easily.
Entity Recognition
The online marketplace for cars wanted to improve search for users by adding full-text and voice search, as well as advanced search with specific options. We built a system application using Machine Learning and NLP methods to process text queries, and the Google Cloud Speech API to process audio queries. This helped greatly improve the user experience by providing a more intuitive and efficient search option for them.
Technically proficient and solution-oriented.
All Success Stories
Steps
Towards Good Development
These data engineering development stages ensure that solutions are well-designed, thoroughly tested, and aligned with business objectives.
Initial Project Assessment and Definition
Discovery
Tech Design and Backlog Planning
Development Based on Sprints
Project Wide QA
Deployment and Rollout
Support and Continuous Improvement
What Data Science technologies do we use?
Pandas
SciPy
TensorFlow
Numpy
ADTK
DBscan
G. AutoML
Keras
MLFlow
Natural L. AI
NLTK
OpenCV
Pillow
PyOD
PyTorch
FB Prophet
SageMaker
Scikit-learn
SpaCy
XGBoost
YOLO
Related articles
All publications
September 22, 2023
19 min
Digital Transformation Trends in Insurance — Customer Expectations
September 20, 2023
19 min
Personalization and Privacy: Resolving the AI Dilemma in Insurance
August 31, 2023
15 min
Reshaping the Insurance Landscape: The Power of Data Science
Still have questions about data science services?
What are the benefits of data engineering solutions for retail?
The benefits of data engineering for retailers include efficient data processing, seamless integration of diverse data sources, and the foundation for robust data-driven decision-making to optimize operations and enhance customer experiences.
How can data engineering help retailers optimize their supply chain management?
Data engineering can help retailers optimize their supply chain management by integrating and processing real-time data from various sources,
enabling better visibility, demand forecasting, and efficient inventory management. The same is true with big data in retail.
What types of data do retailers typically collect and analyze, and how can this information be used to gain insights?
Retailers typically collect and analyze customer transaction data, website interactions, inventory levels, sales performance, customer demographics, and social media interactions to gain retail data insights into customer behavior, preferences, and market trends, enabling them to make data-driven retail decisions for targeted marketing, personalized recommendations, optimized inventory management, and improved customer experiences.
How can data engineering help retailers improve their customer experiences?
Data engineering can help retailers improve customer experiences by efficiently processing and integrating customer data from various sources, enabling personalized product recommendations, targeted marketing, and seamless omnichannel experiences.
What challenges do retailers face in data engineering, and how can these challenges be addressed?
Retailers may face challenges in data engineering related to data quality, data integration from disparate sources, scalability of data pipelines, and ensuring data privacy and security, which can be addressed through data cleansing, adopting modern data integration tools, optimizing data pipelines, and implementing robust data governance practices.
What is the role of data engineering in e-commerce, and how can it improve sales and customer loyalty?
The role of data engineering in e-commerce is to efficiently collect, process, and integrate vast amounts of data from various sources, enabling personalized product recommendations, targeted marketing, and seamless customer experiences, ultimately leading to increased sales and improved customer loyalty.
What is the role of data engineering in brick-and-mortar retail, and how can it improve operations and customer experiences?
The role of data engineering in brick-and-mortar retail is to collect, process, and analyze in-store data, enabling retailers to optimize store layouts, manage inventory efficiently, and provide personalized customer experiences, ultimately improving overall operations and enhancing customer satisfaction.
How do data storage solutions impact retailers' ability to manage
and analyze data, and what solutions do you offer?
Data storage solutions significantly impact retailers' ability to efficiently manage and analyze large volumes of data, and OpenAI offers data storage solutions that are scalable, secure, and designed to meet retailers' specific needs, providing seamless access to retail pricing data for advanced analytics and decision-making.
How do real-time data processing technologies like Apache Kafka, Spark Streaming, and Flink help retailers gain insights and make decisions?
Real-time data processing technologies like Apache Kafka, Spark Streaming, and Flink enable retailers to process and analyze data as it arrives. This allows them to gain immediate retail industry data analysis into customer behavior, inventory levels, and market trends, enabling data-driven decision-making for enhanced customer experiences and optimized operations.
What steps do you take to ensure data security and privacy for retail clients?
To ensure data security and privacy for retail clients, steps include implementing encryption protocols, access controls, regular security audits, data anonymization where necessary, and compliance with relevant data protection regulations.
What data migration projects have you completed for retail clients, and how do you ensure a smooth transition?
Data migration projects for retail clients may include moving customer data, big data in retail sales, inventory information, and other relevant online retail data sets to new systems or platforms, and ensuring a smooth transition involves careful planning, testing, and validation to minimize disruptions and ensure data integrity.
What are some examples of successful retail data engineering projects you have completed, and what were the outcomes?
Examples of successful use of data in retail systems engineering projects include implementing personalized recommendation systems resulting in increased sales and customer engagement and supply chain optimization projects leading to improved inventory management and reduced operational costs.
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