Retail Checks & Balances
Welcome to Retail Checks & Balances!
I'm your host Kevin Spencer and this podcast takes you behind the scenes of the bustling world of commerce and culinary delights to help you grow your business and WIN!
For the past 22 years I've been helping retail businesses with maximizing their profitability along with process deliverables and I would like to share my expertise and what I've learned along the way.
In each episode, we'll bring you captivating interviews with industry experts, passionate chefs, epic restauranteurs and inspiring retailers, as they share their insights, experiences, and the recipe for their achievements.
So join us as we explore the fascinating stories, trends, and challenges that shape the retail and hospitality industry, from cozy corner cafes to sprawling shopping malls.
If you want to star in your own episode reach out to
bookings@retailchecksandbalances.com
Retail Checks & Balances
Bytes & Algorithms- Navigating the AI DataSphere with Jonathan Foster
In episode 17 of Retail Checks and Balances, Kevin Spencer welcomes data scientist architect, Jonathan Foster, to share insights into his role, which involves designing systems for data collection, sorting, and visualization. He also emphasizes the importance of presenting data in a way that is easily understood and actionable for customers
Tune in to gain insights into the world of data science and its significance in the retail and hospitality industry.
TIMESTAMPS
[00:02:09] Visualization and Interactive Dashboards.
[00:07:41] AI cConnecting to Power BI.
[00:10:09] Trends and Supply Chain.
[00:15:00] Data-Driven Decision Making.
[00:17:52] Data-Driven Sports Strategies.
[00:23:17] Compliance and Intelligence Achievements.
[00:27:12] The Four E's Methodology.
In this episode, Kevin Spencer and Jonathan Foster discuss the importance of structuring data in a visualization that allows customers to easily understand what they need to do, why they need to do it, and the impact of their actions on their business.
Instead of presenting a bunch of numbers and spreadsheets, Jonathan uses tools like Tableau, Power BI, and Oracle Business Intelligence to create interactive dashboards. These dashboards enable customers to test different theories, answer multiple questions, and make informed decisions that drive success and growth.
QUOTES
- "It's really being able to drive a customer to ask the right questions so they can get the right answer to provide the actions necessary that would cause a change.’’ - Jonathan Foster
- “I came up with this methodology that I live by, which is the four E's, which is first E is Exposure. Second one is Experience. Third one is Education. And the last one is Execution.” - Jonathan Foster
- "Treat people the way that you want to be treated, and always be respectful, showing a level of dignity and trust and elegance in what you do." - Jonathan Foster
SOCIAL MEDIA LINKS
Kevin Spencer
Instagram: https://www.instagram.com/kspencer007/
LinkedIn: https://www.linkedin.com/in/kevinspencer007/
WEBSITE
Rod Plus Solutions: https://rodplussolutions.com/
