Improve Inventory Management
Operational Data
Enabling Insight-Driven Marketing Campaigns
Data Governance for Business Transformation
Big Data Impact on Society
Leveraging Analytics for Business Transformation
Statistical Approaches for Business Forecasting
Decision Framework
Operational Data 
types that are collected from various operational systems, including transaction processing systems, customer relationship
management systems, and supply chain management systems
...main types include: Transactional Data: Data that captures the details of transactions, such as sales, purchases, and
inventory movements
...Process
Improvement: Identifies areas for improvement in business processes, leading to increased productivity and cost savings
...
Enabling Insight-Driven Marketing Campaigns Insight-driven marketing campaigns rely on a combination of data collection, analysis, and actionable insights to
improve marketing outcomes
...Change
Management: Shifting to a data-driven culture requires organizational buy-in and training
...marketing campaigns: Case Study 1: Retail Industry A leading retail chain utilized prescriptive analytics to optimize its
inventory management and marketing strategies
...
Data Governance for Business Transformation Overview of Data Governance Data governance refers to the overall
management of the availability, usability, integrity, and security of data used in an organization
...Increased Efficiency: Streamlined data processes reduce redundancy and
improve operational efficiency
...Company C Retail Streamlined
inventory management processes, resulting in a 15% increase in operational efficiency
...
Big Data Impact on Society Improved Customer Experience Understanding customer preferences allows businesses to tailor products and services to meet their needs
...Supply Chain Optimization: Enhancing logistics and
inventory management through data insights
...
Leveraging Analytics for Business Transformation rapidly evolving business landscape, organizations are increasingly turning to business analytics to drive transformation and
improve decision-making processes
...Prescriptive analytics can be applied across various business functions, including: Supply Chain
Management: Optimizing
inventory levels and logistics to reduce costs and improve efficiency
...
Statistical Approaches for Business Forecasting Accurate forecasting can lead to better decision-making,
improved operational efficiency, and increased profitability
...Sales forecasting Exponential Smoothing Adjusts forecasts based on recent trends
Inventory management ARIMA Models time series data with trends and seasonality Financial market predictions 2
...
Decision Framework industries and functions, including: Supply Chain
Management: Optimizing
inventory levels and logistics to reduce costs and
improve efficiency
...
Data-Driven Strategies today's competitive business environment, organizations increasingly rely on data-driven approaches to enhance efficiency,
improve customer satisfaction, and achieve sustainable growth
...Optimizing
inventory levels and marketing strategies
...Risk
Management: Data analysis helps identify potential risks and develop strategies to mitigate them
...
Performance Metrics in Operations These metrics play a crucial role in helping organizations assess their performance, identify areas for
improvement, and make informed decisions to enhance overall operational performance
...Types of Performance Metrics There are various types of performance metrics used in operations
management to measure different aspects of a business's performance
...Examples of KPIs in operations management include on-time delivery, cycle time,
inventory turnover, and defect rate
...
Optimization Improved Decision Making Provides data-driven insights that facilitate better strategic decisions
...Supply Chain
Management Optimization techniques are used to improve the efficiency of supply chains by reducing transportation costs,
inventory levels, and lead times
...Management Optimization techniques are used to improve the efficiency of supply chains by reducing transportation costs,
inventory levels, and lead times
...
Nebenberuflich (nebenbei) selbstständig m. guten Ideen 
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...
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