Food and Beverages
Leverage on data analytics to improve your food and beverage business
If Big Data has revolutionized the production processes of the most important sectors, the food and beverages industry could not be the exception. Data Science has had benefits in customer service, quality control and improving the operational efficiency of these companies.
Aspects that data science can improve in the food and beverages sector
• Customer service
Through techniques such as language processing, it is possible to categorize customer responses as positive, negative or neutral and with this implement strategies to improve the consumer experience.
• Quality assurance
• Operating efficiency
One of the big problems, not only in the food and beverages industry but in the whole world, is the enormous waste of food that happens in these companies. With Data Science and through the algorithms it provides, companies have been able to analyze market trends that are reflected in demand, effects of temperature and storage on the quality of products and other factors that cause food waste. and they mean losses not only for companies but for the planet.
Other areas of application for data analytics in companies
Data Analytics offers solutions for almost all areas of the company. This includes methods of developing new approaches and instruments for controlling the company, as well as the provision of solutions in corporate planning, price and volume planning, supplier evaluation, invoice verification and increasing the efficiency of corporate processes.Â
Finance and accounting
• Identify tax risks.
Regulation
• Supports analyzes of company processes with regard to effectiveness, efficiency and compliance.
Customer relationships
• Improve products and optimize pricing.
Human resource management
• data-driven decision-making processes (e.g. for employee safety) are supported.
Sales control
• optimizing logistics.
Big data application areas
• Big data analytics can help identify the best treatment options for patients.
Some of our leading data analytics tools at Alibaba Software Solutions
- Domo
- Qlik
- Tableau
- Birst
- GoodData
- SiSense
- Grow
- Cyfe
- Geckoboard
- Klipfolio
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The Transformation of industries by Big Data Analytics, Artificial Intelligence and Data Science
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Transportation and Logistic
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Best Ways To Improve Business Management Using Data Analytics (2023)
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