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Data Science in FMCG

star 4.61  Intermediate level 1.5 learning hrs 4.8K+ Learners

Understand key transformation blueprint in CPG industry with Data Science in FMCG course.

Data Science in FMCG

star 4.61  Intermediate level 1.5 learning hrs 4.8K+ Learners
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Skills you will gain

Data Science in FMCG

Modelling

Probability Distribution

Optimization of Modelling

Key Highlights

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About this course

This course on how Data Science, in a few of the many ways, unwraps, market, evolution, optimizes digital manufacturing that underpins and nurtures a key transformation road map in the CPG industry. This course will give a glimpse based on real-world scenarios, with a solution and industry insights, and on what it takes to make the impact.

Course outline

Introduction to Transformations in FMCG through Data Science

How does a CPG organization work?

How Data Science can create a strategic impact?

Understanding and Modelling the problem

Probability Distribution - Refresh

Model, Parameters and Variables

Gibbs Sampling Algorithm

Technology framework

Introduction to Optimizing manufacturing in Digital Age

Throughput Optimization

Canonical form for Optimization Modelling

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Data Science in FMCG

rating icon 4.61

1.5 Hours

Intermediate

Sign up with Email
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4.8K+ learners enrolled so far

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Get free course content

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Master in-demand skills & tools

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Test your skills with quizzes

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Get learning discounts up to $20

Trusted by 10 Million+ Learners globally

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Learner reviews of the Free Courses

4.61
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Reviewer Profile
ibraheem Raheem

5.0

★★★★ ★
This course has really developed me. I hope to familiarize myself with the graph flow chart of data science and analytics in a manufacturing company.
I hope for more training ahead on data analysis, business analysis, AI engineering, and lots more. And to the organizers, I really appreciate the privilege to pass through this phase of learning. Thanks so much! 💪💪
Read more

Frequently Asked Questions

Will I receive a certificate upon completing this free course?

Yes, upon successful completion of the course and payment of the certificate fee, you will receive a completion certificate that you can add to your resume.

Is this course free?

Yes, you may enroll in the course and access the course content for free. However, if you wish to obtain a certificate upon completion, a non-refundable fee is applicable.

How do you analyze FMCG sales data?

FMCG sales data can be analyzed in a number of ways, depending on the specific information that is being looked at. Some common ways to analyze FMCG sales data include looking at sales by geographic region, product category, or specific product. Additionally, to see how sales are changing over time, FMCG sales data can be analyzed in terms of trend data.

How can I get FMCG data?

There are a few ways to get FMCG data. One way is to purchase a market research report from a reputable market research company. Another way is to access public databases, such as Nielsen or Euromonitor, which contain FMCG data. Finally, you can contact FMCG companies directly and request data.

How is forecasting done in an FMCG company?

Several distinct methods can be used to forecast demand in an FMCG company. Common methods include trend analysis, regression analysis, and time series analysis. Learn Data Science in FMCG through Great Learning’s free course and understand the various analyses.

Why is demand planning important for FMCG companies?

FMCG companies need to have an accurate demand plan in order to know how much product to produce and how to allocate their resources. An accurate demand plan can help a company avoid over-or under-producing and can help them optimize their inventory levels.

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