Just in time inventory
The Just-In-Time (JIT) inventory management system, popularized by Toyota, involves placing orders with vendors only when the supplies are needed.
SOLID Principles
SOLID principles are the set of software design principles that are used by software engineers in object-oriented software development/ programming.
RFM Analysis
RFM analysis is a data-driven technique that quantitatively ranks and groups customers based on their recency, frequency and monetary values.
Quality Assurance and Quality Control
Quality assurance provides confidence in the fulfillment of quality requirements. Quality control is focused on meeting the requirements of quality.
GraphQL
GraphQL is a query language and server-side runtime for APIs that prioritizes giving clients exactly the data they request and no more.
RFID
RFID is a technology in which the digital data that is encoded in RFID tags or smart labels gets captured by RFID readers that use radio waves.
Black Friday
Black Friday is the name given to the day immediately following Thanksgiving. It is one of the biggest annual shopping events in the United States.
Cross-selling
Cross-selling is a marketing and sales technique that is all about selling a complementary product to the customer along with the main product.
Ensembles
An ensemble is a machine learning model that combines the predictions from two or more models. Different algorithms are built on this mechanism.
Bullwhip effect
The Bullwhip Effect shows how tiny retail demand fluctuations cause larger wholesaler, manufacturer, & raw material supplier demand fluctuations.
Localization
Localization involves adapting content, products, and services to meet the preferences, sentiments, and language of a particular audience or market
Data Transformation
With data transformation it possible for you to rapidly integrate heterogeneous applications irrespective of the format that is used to represent data
OAuth
An open standard for authorization that enables client applications to access server resources on behalf of a specific resource owner.
Upselling
Upselling is a sales technique focusing on convincing customers to purchase a higher-end version of the product or service that they wanted to buy.
Cyclomatic Complexity
The cyclomatic complexity of a section of code is the quantitative measurement of the number of linearly independent paths that are in it.
Reverse logistics
Reverse logistics is about the product or materials going at least one step backwards in the supply chain. It focuses on reusing products & materials.
Kubernetes
Platform that empowers to manage containerised workloads & services more effectively while facilitating declarative configuration & automation
Preprocessing
A preprocessor is a program that processes its input data to produce output that is used as input to another program like a compiler.
Neural Networks
Artificial neural networks are an array of deep learning innovations that fall under the Artificial Intelligence domain. Learn more about it here!
Principal component analysis
Principal Component Analysis enables you to reduce dimensionality by summarizing the info from large data tables using smaller sets of summary indices