Data Science in Retail and FMCG

Create New Data-Driven Opportunities for Your Organization

Data science helps business leaders in the FMCG sector to improve their offerings, reduce costs, and increase revenue. It presents an opportunity for retailers and sales teams to turn their customer data into actionable insights. Vinayak Deshpande, Academic Director at the Data Science Institute, will teach you the core skills, knowledge, and technologies that you need to better understand your customer base and offer personalized services to increase revenue. This training introduces techniques like customer sentiment analysis, sales forecasting, customer churn prediction, and more. You will get insight into how to evaluate your existing data, optimize your inventory management, and create upselling opportunities. The program takes 16 hours to complete, which can be divided into multiple sessions according to your schedule—for example, 8 x 2-hour sessions or 4 x 4-hour sessions. The technology used depends on client preferences: Python, R, Excel, or PowerBI.

Maximize High-Return Business Value by Leveraging Customer Analytics

Identify Your Consumer Base

Implement analytics to define your target audiences and their pain points

Boost Revenue

Establish best data science practices to improve essential sales functions

Learn from Leading Data Use Cases in Retail

Study industry-specific case studies including sentiment analysis, sales forecasting, inventory management, and lifetime value predictio

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With this live training, data science culture is instilled across the organization. Function heads and CXOs will begin to implement data-driven solutions to key problems that had previously been limited. As a result of the training, we see more use of a multivariate approach instead of univariate approaches based on simple business rules.

Vinayak Deshpande

Who Is This Course For

Business Leaders

You take organizations to new heights of prosperity with top-notch leadership and practical data skills

Project Managers

You want to enhance your managerial skills and oversee projects from conception all the way to completion

Data Scientists

You assist businesses with their decision-making using your analytical, and data storytelling skills

Level Of Difficulty

Beginner

Data Science in Retail and FMCG is a beginner-level training with no prerequisites. All professionals, regardless of their background, experience, and current skill level are welcome to join without any self-preparation in advance.

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Meet Vinayak Deshpande

Vinayak has been providing advanced analytical research, data science education and analytics solutions for over 15 years. Currently, he is on the board of the Data Science Institute in Dublin as an Academic Director.

15+ years of experience

Academic Director

Public Speaker & Educator

Here’s What Your Team Will Learn

Perform statistical and analytical checks on customer data
Gain product insights through exploratory data analysis
Benchmark data-driven decision-making
Run sampling, estimation, and hypothesis testing
Implement predictive modeling in the workflow
Apply clustering and segmentation analysis in a sales context

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Curriculum

16 hours

Introduction 20 min

Exploratory Data Analysis-Start Answering Business Questions 100 min

Statistics and Why it is So Important for Decision Making 60 min

Statistical Inference-Using a Scientific Approach In Critical Decision Making 180 min

Predictive Modeling and How to Approach It 60 min

Fundamentals of Linear and Logistic Regression and How These are Applied in Retail & FMCG 240 min

Concepts of Data Reduction, Unsupervised Learning, Clustering and Segmentation 240 min

Q&A Session 60 min

Frequently Asked Questions

How long does a live training last?

The instructor predetermines the length of a live training session. A single live training can last from a few hours to several days and include multiple sessions. The duration can also be adapted to your team’s needs upon request. To learn more, complete the signup form or contact us at team@365datascience.com.

Does my team need any relevant qualifications or experience to join a live training session?

No prior experience or qualifications are required to attend live training sessions. Each training has a dedicated page with all the details you need to make the right choice for your team—including information on what your team can expect, level of difficulty (beginner, intermediate or advanced), top benefits, and areas of expertise.

When does the live training usually take place?

We offer a great deal of flexibility concerning the dates and times of the live training. Sessions are scheduled according to your team's and instructor's availability.

How can I become a live training instructor?

If you possess outstanding qualifications in data science and enjoy sharing your knowledge with others, we’d love to hear from you. As a member of our community of industry-leading live training instructors, you’ll be delivering an excellent learning experience to our shared clients. We’ll manage all the admin—including integrating your training into our line-up and scheduling them according to availability. Use our contact form to get in touch.

How can I book a live training session?

Our live training sessions are open to all corporate clients who wish to accelerate their team’s progress through direct online coaching from industry leaders. Prices vary depending on the level of expertise you want your teams to acquire and the length of the training. Sign up using the contact form on the individual live training pages for more information on pricing and how to book.

Will my team have access to real-time conversations with industry experts?

Yes, direct communication with the instructors forms the backbone of our live training. Your team will have the opportunity to actively participate in the training, ask any questions relevant to their specific roles, and tap into the industry-leading expertise of our instructors. The goal is to boost engagement with the content and enable team members to pick up new skills quicker.

Attending live training sessions as a team will equip your employees with new practical skills and boost their professional confidence. Moreover, internal upskilling opportunities are an excellent way to create a sense of belonging in the workplace and improve job satisfaction.

How many team members can join a live training session?

Our live training sessions can host up to 100 participants. If you wish to invite more team members, specify the number of attendees as a comment on your request form or contact us at team@365datascience.com. We’ll always do our best to accommodate your needs.

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Vinayak Deshpande