Sales and inventory analysis
Overview
This project focuses on analyzing sales and inventory data to identify trends, customer behavior, and product performance. Using datasets related to product sales and inventory, I developed a comprehensive interactive dashboard in Power BI that enables users to explore critical metrics like top-selling products, least-performing items, and customer purchasing patterns. This project highlights my ability to create actionable insights and visually appealing dashboards.
Datasets Used
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Fruit Sales Data - Inventory and Sales.xlsx:
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Contains detailed sales data, including product names, quantities sold, unit prices, discounts, and total sales amounts.
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Includes customer purchase data for tracking purchasing habits and frequency.
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What I Did?
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Data Cleaning and Transformation:
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Handled missing and inconsistent values in sales data.
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Standardized product names and customer details for consistency.
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Calculated derived metrics, such as total discount and revenue, using DAX (Data Analysis Expressions).
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Data Modeling in Power BI:
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Created relationships between sales and customer datasets for integrated analysis.
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Optimized data models to improve dashboard performance.
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Visualization Design:
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Built an interactive Power BI dashboard with the following key features:
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Top/Least Performing Products:
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Identified "Asparagus" as the most sold product and "Lemon" as the least sold.
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Visualized product performance using pie and bar charts.
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Customer Analysis:
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Highlighted customers purchasing the highest quantities (e.g., Amina Loo at 51 items).
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Trends Over Time:
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Plotted sales trends across decades, showing the highest total sales amount in 1960.
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Unit Price and Discount Analysis:
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Correlated product unit prices and discounts with quantities sold.
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Dynamic Interactivity:
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Added slicers for product names, customer names, and time periods for flexible filtering.
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Used tooltips and drill-through pages to provide in-depth details.
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What I Learned
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Power BI Proficiency:
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Mastered data modeling and DAX calculations for creating key performance indicators (KPIs).
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Designed engaging and user-friendly dashboards.
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Data Analysis Insights:
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Learned to interpret sales data for business insights.
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Understood the importance of customer purchasing behavior in driving sales strategy.
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Visualization Best Practices:
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Applied storytelling techniques for effective data communication.
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Balanced visual design elements with analytical content for clarity.
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Key Highlights
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Top-Selling and Least-Selling Products:
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Most Sold: Asparagus with 60 units.
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Least Sold: Lemon with 20 units.
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Customer Insights:
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Amina Loo topped the list of customers, purchasing 51 items.
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Revenue and Discount Analysis:
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Total discounts of 266.60 were offered, with significant revenue spikes in 1960.
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Product Performance Trends:
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Clear trends in unit price vs. sales quantity provided actionable insights for pricing strategy.
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Visual and Analytical Appeal:
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Engaging visuals showcasing product and customer trends, paired with dynamic interactivity for exploration.
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Next Steps
Building on this project, I plan to integrate more complex datasets, such as inventory management and supply chain data, to provide a holistic view of business operations. Additionally, I aim to incorporate advanced analytics for predictive modeling of sales performance.