Date-tracking tools are becoming increasingly popular in the retail sector as they offer a range of benefits, including improved inventory management, reduced food waste, and increased customer satisfaction. Carrefour Belgium’s new date-tracking tool is designed to monitor the expiry dates of products, track their movement through the supply chain, and provide real-time insights into stock levels. This tool allows retailers to identify products nearing their expiry date and take appropriate action, such as offering discounts or promoting them to customers.

This is a powerful example of how data analytics can be used to drive business decisions and improve overall performance. Here’s a breakdown of how data analytics can be applied to various aspects of business:

**1. Customer Segmentation:**
Data analytics can be used to segment customers based on their demographics, purchasing habits, and other relevant factors. This allows businesses to tailor their marketing campaigns and product offerings to specific customer groups.