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Data Utilization and

Strategic Planning
•DATA UTILIZATION:
•SALES DATA: TRANSACTION ID,
TIMESTAMP, PRODUCT ID, CATEGORY,
CUSTOMER TYPE, UNIT PRICE, QUANTITY,
TOTAL, PAYMENT TYPE.
•SENSOR STORAGE TEMPERATURE
DATA: ID, TIMESTAMP, TEMPERATURE.
•SENSOR STOCK LEVELS DATA: ID,
TIMESTAMP, PRODUCT ID, ESTIMATED
STOCK PERCENTAGE.
Strategic Plan of Action:

Understand the
Data Exploration and Feature Engineering:
Problem Statement: Data Preprocessing and
Understanding: Review Create new variables to
Clarify objectives, Cleaning: Ensure data
provided data structure enhance model
challenges, and quality for analysis.
and content. performance.
outcomes.

Data Analysis and Interpretation and


Model Evaluation and Iterative Approach:
Modeling: Apply Insights: Derive
Validation: Validate Refine models based on
appropriate techniques actionable insights for
model performance. feedback and insights.
for insights. stakeholders.

Collaboration and
Documentation and
Communication: Ethical Considerations:
Reporting: Document
Maintain open Ensure compliance with
process and present
communication with data privacy regulations.
findings.
stakeholders.

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