Chapter 3 Research

Pick 1 post and respond

STUDENT 1 POST

SAS helped the North Carolina Department of Transportation (DOT) utilize data analytics to improve project costing. SAS helped them save money by first building computer models using advanced data sources that narrowed options for potential road corridors without resorting to costly land surveys. This process was estimated to save as much as $500,000 per project. Additionally, utilizing SAS’ data sources had the potential to reduce the time needed to select and plan for a road by as much as 20%. These process improvements saved the Department, and North Carolina taxpayers, a lot of money. Source: https://www.sas.com/en_us/customers/nc-department-of-transportation.html Bottom of Form

STUDENT 2 POST

I read the story for DSW shoe retailer. According to their customer story, SAS helped analyze the inventory data to help provide a customized approach to stocking their stores. Before, shoes were only stocked in standard packs, ignoring the fact that some sizes weren’t needed. This resulted in overstocking of less popular sizes, which in turn led to more products having be discounted at the end of the season. SAS was able to “develop accurate size curves” and recommend the “optimal pack mix” for each store. This in turn reduced the need to discount products as well as potential income loss from products being out of stock. Source: https://www.sas.com/en_us/customers/dsw-customization.html

STUDENT 3 POST

SAS helped The Wine House reduced its aged wine inventory by 40 percent. With the program, the company discovered that it had about 1,000 items of wine that had remained in their inventory for over a year. They had a sale to rid the company of the inventory and generated $400,000 capital on the first weekend. With the company's lack of a IT department and point-of-sale system, it was unable to track its older inventory. Because inventory has the potential of having lower cost per unit, it can have a significant effect on the cost of goods sold that is being reported. Moving forward, the company has decided to decelerate their incoming inventory in an effort to eliminate some of their older inventory. Source: https://www.sas.com/en_us/customers/wine-house.html