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MINI CASE: NSK Grocer opens in Quill City Mall KUALA LUMPUR ( Jan 1 0 ) : Quill City Mall KL has announced that anchor
MINI CASE: NSK Grocer opens in Quill City Mall
KUALA LUMPUR Jan : Quill City Mall KL has announced that anchor tenant, NSK Grocer, has opened its first moderngrocer concept store offering a variety of affordablepremium local and imported products.
Spanning over square feet and comprising a fresh food section, dry grocery area, wholesale section and a deli, NSK Grocer is the firstofitskind concept of modernising a traditional market setting furnished with a comfortable and pristine environment.
In a statement on Monday Jan Quill City Mall Retails Sdn Bhd Senior VicePresident Justin Liew said having the first NSK Grocer is not only a milestone for the mall, but also a strategic effort to fulfil the discerning demands of sophisticated modernday shoppers.
We always intend to create a shopping experience that is both exciting and convenient for our shoppers where they are able to run their daily needs all in one place. Therefore, we are confident that NSK Grocer has the strong potential and credibility to cater to the needs of people in Kuala Lumpur and across the Klang Valley," Liew added.
NSK Grocer is the first grocer by NSK Group to offer an array of quality and affordable premium produce, ranging from a plethora of groceries, household items, poultry and fresh produce such as vegetables at reasonable pricing to provide valueformoney for customers.
NSK Grocer KL Sdn Bhd Executive Director Loh Teck Wah stated that Quill City Mall is the ideal location to open its first new outlet, as it is situated in the heart of Kuala Lumpur with a variety of customers crossing the mall daily, especially office workers, young families and college students in the surrounding area.
We believe the opening of NSK Grocer will provide a relaxed shopping experience as well as a positive impact to the public, especially for those residing or working in the city centre who are always onthego and need a quick dash to the grocer for their daily needs," he said.The sales of a supermarket are influenced by a variety of factors that interact in a complex manner. Understanding these factors is crucial for supermarket owners and managers to optimize operations, enhance customer satisfaction, and drive revenue.
As a data analyst, you are tasked with a mini project to identify factors that are affecting the sales performance of supermarkets in your city by applying the SOAR analytics model. Based on the dataset given, address and discuss the following four components of the SOAR analytics model:
Specify the question: What factors are important in influencing the sales of supermarkets in your city?
Obtain the data: Download and review the given dataset. Identify and propose the dependent outcome and independent explanatory variables.
Analyze the data: Run descriptive and predictive analytics on the proposed variables.
Report the results: Report and interpret your findings obtained from the descriptive and predictive analytics.
REPORT DELIVERABLES
Introduction
Statement of the problem, question, issue or opportunity that initiated the analytics project.
A concise description of why the project is relevantimportant to the target audience.
Detailed explanation of factors influencing the main problem or issue.
Data and Methodology
Source and description of data
Description of methods of descriptive and predictive analytics chosen for the project
Results and Discussion
Summary of descriptive analytics of data measures of central location, measures of dispersion support with suitable data visualizations
Reporting of results of predictive analytics regression analysis support with summary output
Interpretation and discussion of results identify and discuss which factors isare important in influencing sales performance
Conclusion and Recommendations
Summary of problemissue factors affecting the problemissue analytical methods, and results of the project
Propose at least two recommendations for a course of action based on the results obtained. Explain these recommendations in detail and reiterate the significance of the analytics project.
Data and Methodology:
Data Source: Utilized the provided dataset, which presumably contains information on
various aspects of supermarket operations in the city.
Dependent Variable Outcome: The primary focus is on sales performance, serving as
the dependent variable.
Independent Variables Explanatory: The dataset includes factors like product
pricing, location, customer demographics, and promotional activities, which are
considered independent variables affecting sales.
Descriptive Analytics: Applied measures of central location mean median and
dispersion standard deviation, range to gain insights into the dataset's characteristics.
Employed data visualizations such as histograms and box plots for a more intuitive
understanding.
Predictive Analytics: Employed regression analysis to identify relationship
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