NEBRASKA BOOK COMPANY
100
“ I am a data nerd at heart , so getting to find company insights or opportunities through digging through data , you can find things that people never think about ”
— Nichole Nobbman Director of Data Analytics , Nebraska Book Company
in a constrained market remains complex . To drive high-quality standards across its operations , NBC ’ s data science team uniquely predicts what to buy , how many to buy , how much to buy it for , where to sell it and how much to sell it for .
“ The data science team predict both future sale and buy prices . Some of our prices we set up to five months in advce so we have to have pretty secure and strong predictive analytics to ensure that we don ’ t set a price that can hurt us months from now ,” observes Grenier .
“ We have tons of different pricing solutions for different marketplaces , buying solutions for different marketplaces , and then predicting demand so we can go out and acquire supply to match that demand .”
“ We had a lot of systems that worked really well for the time that they were produced , but needed to be updated ,” explains Nobbman .
NOVEMBER 2018