Why Business Analysts are needed in the fashion industry?
Business analytics is crucial to analyzing information and creates the groundwork for demand analysis and trend predictions. Business analytics responsibilities go beyond gathering and analyzing data streams to projecting future outcomes in a dynamic market. Every company, from big multinational organizations to small fashion labels, uses analytics to expand operations and make the best decisions. However, the main part of data analytics is business analytics, which directs the strategic choices made by fashion businesses. Fashion companies have started using business analytics to modernize their production processes, increase client conversion rates, and boost the effectiveness of their marketing campaigns. Let's see about why Business Analysts are needed in the fashion industry: Optimization of the procurement process Fashion companies use business analytics to improve supply chain efficiency. Business analysis aids procurement and logistical operations with several vendors an