Predictive business intelligence dashboard for food and beverage business

Abstract

This research was conducted to provide an example of predictive business intelligence (BI) dashboard implementation for the food and beverage business (businesses that sell fast-expired goods). This research was conducted using data from a bakery's transactional database. The data are used to perform demand forecasting using extreme gradient boosting (XGBoost), and recency, frequency, and monetary value (RFM) analysis using mini batch k-means (MBKM). The data are processed and displayed in a BI dashboard created using Microsoft Power BI. The XGBoost model created resulted in a root mean square error (RMSE) value of 0.188 and an R2 score of 0.931. The MBKM model created resulted in a Dunn index value of 0.4264, a silhouette score value of 0.4421, and a Davies-Bouldin index value of 0.8327. After the BI dashboard is evaluated by the end user using a questionnaire, the BI dashboard gets a final score of 4.77 out of 5. From the BI dashboard evaluation, it was concluded that the predictive BI dashboard succeeded in helping the analysis process in the bakery business by: accelerating the decision-making process, implementing a data-driven decision-making system, and helping businesses discover new insights.