Navigating the Future: An Overview of Forecasting at bol
In today's fast-paced business landscape, accurate forecasting is crucial for informed decision-making. In this article, we'll take a high-level view of forecasting at bol, shedding light on the intricacies of our approach. Join us as we explain how we, as Team Forecasting, streamline the decision making process for various business teams. In particular, we will explain how we subdivided our team based on the aggregation level of the forecasts that we are working on.
In the beginning of August, data science teams at bol.com came together for a dynamic two-day datathon. Collaborating with different teams from different disciplines, their mission was to re-imagine how we discover similar products. This innovative approach involved combining the insights of text (titles/descriptions) and images. To achieve this, they converted both text and image data into vectors and then find similar products by for example using a Faiss index and other.
The Buying Drip - A scoop of the 2nd book of Chantal Schinkels
Chantal Schinkels, author of the Book "The IT Girl", is about to release her second book. It's called "The buying drip" or in Dutch "Het Koopinfuus". We have the scoop with her to dive into this book.
DBT – Data Build Tool. A development framework that combines modular SQL with software engineering best practices to make data transformation reliable, fast, and fun.
Spaces Summit is our annual internal bol. com conference for IT, by IT, and friends: Two fun days of inspiration, knowledge sharing, bragging, and community. This year we had our first digital version of the summit.
Turning to business analytics this episode, we discover it’s a broad field. Business Intelligence hasn't been discussed that much yet in our podcast. So, we are excited to learn more.
The big question in this episode is “How can we create 10 million personalized webshops? Tailormade for every one of our customers so it suites their needs best?” In short, the answering is Measuring 2. 0.
This enables us to measure more accurately how customers are behaving in our webshop.
Cloud as Enabler to become more data-driven. The adjective data-driven means that progress in an activity is compelled by data, rather than by intuition, personal experience or a gut feeling.
Googling data-driven gives you over 637 mln.