Use Cases for Predictive Analytics

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Optimizing Walmart's Supply Chain

Optimizing Walmart's Supply Chain

As an inspiring example, consider how chiropractor email address the world's largest wholesale and retail company has learned to effectively use online and offline data with the help of digital technologies. Walmart has implemented a system that receives information from checkout terminals and calculates which products will be in demand and which will remain unclaimed.

The Data Cafe Walmart cloud is used for management, the work of which is monitored by Walmart Labs employees located in Silicon Valley. The technology allows for calculations of expected indicators. The implementation of the tool made it possible to make the product delivery process more optimal, taking into account compliance with all deadlines.

This technology is not only available to business sharks like Walmart. Even in a small organization, a simple manager can use the tools offered by Google and Adobe to optimize the supply chain and reduce the risk of costly adjustments when supply exceeds demand and vice versa.

Small Business Development: Point Defiance Zoo

According to a SAP survey, more than 70% of small business managers are gradually introducing analytics systems into their work. And here is a good example.

Point Defiance Zoo in Tacoma, Washington, was experiencing booms and busts in attendance. When attendance was down, the organization could not afford to pay for staff. The National Weather Service helped solve the problem by identifying factors that impact attendance.

This data was combined with IBM's Watson platform, which is powered by artificial intelligence. The integration helped to determine with high accuracy (up to 95%) which climate conditions increase traffic. This helped to determine what number of personnel is optimal in different cases.

Naturally, predictive data analytics methods can be used much more widely. At Point Defiance Zoo, employees analyze visitor behavior, study the most visited objects and popular routes. This has a positive effect on the quality of service. In addition, the organization plans to use Artificial Intelligence to monitor the health of animals and treat them.