In the second quarter of 2022, purchases made by Salvadoran companies increased exorbitantly, reaching almost 500%, representing 45% of regional purchases with $67 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
There are several ways to bring location intelligence into the supply chain. If you want to improve delivery times and increase throughput, it is vital to identify and solve the root causes of delays.
Most supply chain delays do not occur when goods are in motion between suppliers and locations. Instead, delays often occur in handoffs between organizations and suppliers.
For the second quarter of 2021, purchases of vaccines for veterinary use remained at $23 million, the main supplier for this period was the United States with $7 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During the second quarter of 2021 banana exports in the region were led by Costa Rica with $566 million, despite the 12% decrease in the value exported in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In order to bring our operations, processes and services under one single brand name, we have decided to transform CentralAmericaData and definitively integrate it into our global brand, PREDIK Data-Driven.
We will continue to provide the same services to our clients in Central America and Mexico, but under the new brand name.
Matching demand and supply is the basis of the business model of any company whose operations depend on micro-mobility, since for every unit of demand that is not satisfied, an order is lost, leading to loss of profits and customer loyalty.
All companies that rely on micro-mobility can better manage their assets by improving their algorithms with location intelligence and foot traffic analytics, identifying demand peaks or drops beyond the average value in order to foresee or solve any kind of unexpected problem and generate solutions based on Big Data. Mobile tracking helps to know what is happening over any terrain and teaches how to be proactive about it.
Supermarkets can apply location intelligence techniques and footfall analytics to understand consumer mobility patterns, generate efficient site selection strategies, understand the performance of their stores, and estimate competitor turnover.
The correlation between foot traffic visitation, sales, and the success of retail supermarkets have been studied and proven, so the development of this type of analysis has become a priority in the site selection process and expansion strategies.
Footfall analytics and POI characterization through Big Data are being used by different business sectors in order to make smarter business decisions and thereby maximize their revenues and optimize their costs.
Case Study: POI analysis of N1 City in Cape Town, South Africa
Foot traffic analytics and point-of-interest analytics help large chains supplying contractor-grade building materials and home improvement products measure footfall and understand consumer behavior patterns in any given zone of interest or point of sale.
Footfall analytics have revolutionized the way retailers implement site selection, commercial and operational strategies in the quick-service restaurant franchise market.
The correlation between location and footfall analytics, visits, sales, and the success of retail fast-food franchises have been studied and proven, so the development of this type of analysis has become a priority in the site selection process and expansion strategies.
POI characterization through Big Data has become more frequent as it allows the implementation of strategies and site selection solutions within the various business sectors.
Leaders use these techniques to make more efficient and concise decisions that generate greater profitability by maximizing revenues and optimizing costs.
Regional business for the second quarter of 2021 increased by 101% compared to the same period of 2020, with Costa Rica being the main importer with $203 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During the second quarter of 2021, purchases made by the Central American region reached $335 million, with Costa Rican companies being the main importers of electrical cables with $72 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Heat maps are used by any business sector to identify foot traffic and vehicular mobility patterns in an area or point of interest, as their visualization presents multiple pieces of data in a way that makes immediate sense.
Heat maps can be used to identify foot traffic patterns from a country-level scale to a more detailed level such as the infrastructure of a store or building.
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