This is a case study analysis on data that belongs to a French bakery. The French Bakery provided the daily transaction details of customers from 2021-01-01 to 2022-09-30 and wants help forecasting their sales in order to ease their production planning. The French Bakery data set was created by Matthieu Gimbert, and yes this data set is from a credible online organization named Kaggle and has over 9.7/10% Usability.
[French Bakery Original Dataset] (https://www.kaggle.com/datasets/matthieugimbert/french-bakery-daily-sale)
The French Bakery bakes thousands upon thousands of pastries everyday and they are all beloved by their community. After a few months the bakery wanted to forecast their sales and get a more detailed view of what their supply and demand needs are. In this Notebook I have devised an exploratory data analysis of the “French Bakery Sales” that were recorded from January 1st, 2021 all the way through September, 30th, 2022. I am working to find an algorithm to find relationships between items bought, the days they are sold and the quantity being sold. Most people know this process as (ARM) or Association Rule Mining. Once I found the relationships between these items then I was able to forecast the sales for the upcoming year so that the French Bakery could make production adjustments.
For this project I collected my data from a second party who received
information from an organization that’s led studies in that bakery. I
broke everything into compartments starting with years to months, then
quantity by transaction, and finally I separated the highest and lowest
selling products. I then utilized the Excel spreadsheets to clean and
process the data. Afterwards, I used Tableau to showcase all of the
collected data in breathtaking visualizations. Lastly, The R Markdown
Notebook allowed me to bind all of my findings together. During this
process I had to ensure that my data had integrity and maintained it
during my analysis. I triple checked my data for missing values,
uniformity, unbiased sampling and negative values.
However, there seemed to be a tremendous amount of profit and pastry
loss due to the amount of negative values returned.
In this project I used a lot of structured thinking, which helped me add a framework to the production planning problem that I used in an organized and logical manner. You can think of structured data as a framework that makes everything easily searchable and more analysis-ready. Furthermore, I did discover a few trends in this data before and after analyzing.
There were a tremendous amount of relationships in this data but I have highlighted only a few to get a transparent view of the French Bakery.
The French Bakery runs and handles peak
hours, months and years relatively well but, understanding the supply
and demand needs of the bakery is important.
It is quite challenging predicting production planning completely
without knowing how much it costs to make each of the articles that the
“French Bakery” sells. I paid extra attention to detail when forecasting
sales figures however, detailed production planning will require more
background information. Some needed changes include; Production costs
for each pastry, adjusting each unit price to be uniform throughout each
quarter and, adding in explanations or a subsection of missing and lost
values.
For the Lost profit that equated to over two thousand dollars, they
could have been used and labeled as discounted items or promotions,
caterings and even employee food. Leaving items in their ledger that
only equal negative revenue suggest not only revenue loss but all food
waste as well.
Therefore, without adding monetary input for future production planning,
I can say that adding a separate business account would be the most
productive plan that adds and subtracts items and money for a variety of
reasons.
To Take It Further
* We did notice a few top selling items that would do extraordinarily
well when coupled with a lower priced item. Introducing discounted
“bogo” prices and promotions for the top selling items would increase
the overall revenue, the bakeries foot traffic during rush hours and,
the number of items sold for each ticket.
* Inviting people to browse the least selling pastries will also be a
new gateway into higher unit prices once all of them become
uniform.
All of these new insights and possible price adjustments will allow the
French Bakery to not only flourish among the bread baking community but
also stay on the “Top 10 Must Visit Bakery List”. Their Traditional
baguettes, Croissants and Pain Au Chocolat have stolen the show and have
people coming back for more everyday. The French Bakery offers delicious
food at great prices and in turn have earned over one million dollars in
bakery sale profits. I’m excited to see how they continue to stand out
among the crowd and implement new production and sales techniques.
Original dashboard and year by month made by Victoria De La Cruz. French Baker Image by Marinda (thecustombakeryboxes.com). Original Dataset by Mathieu G. on Kaggle (https://www.kaggle.com/datasets/matthieugimbert/french-bakery-daily-sale).
Published by Victoria De La Cruz