Inventory Management
Outcomes
Analyzing Historical Performance Data
Analyzing Data Patterns
Big Data Practices
Visualizing Historical Trends
Big Data Solutions for Small Businesses
Key Success Metrics
Awareness 
Risk
Management: By understanding potential risks and uncertainties, businesses can develop strategies to mitigate them effectively
...By enhancing awareness of customer preferences, the company was able to optimize
inventory management and increase sales by 15% within six months
...
Insights Summary 
Retail Sales data analysis to optimize
inventory management ...
Outcomes 
Risk
Management: Predicting outcomes allows businesses to identify potential risks and mitigate them proactively
...By analyzing historical sales data, they identified trends and optimized
inventory management, resulting in a 15% increase in sales over a year
...
Analyzing Historical Performance Data 
Risk
Management: Understanding historical data can help identify potential risks and prepare mitigation strategies
...This insight allowed them to optimize
inventory management and enhance marketing strategies during peak seasons, resulting in a 15% increase in sales during the following year
...
Analyzing Data Patterns 
NumPy) General-purpose programming SAS Advanced analytics, data
management Large data sets 4
...analysis has a wide range of applications across various industries: Retail: Understanding consumer behavior to optimize
inventory and marketing strategies
...
Big Data Practices 
SAS A software suite used for advanced analytics, business intelligence, data
management, and predictive analytics
...Walmart: Employs big data analytics to manage
inventory and predict consumer behavior, resulting in cost savings and increased efficiency
...
Visualizing Historical Trends 
Visualizing Historical Trends The visualization of historical data plays a significant role in various aspects of business
management, including: Informed Decision-Making: Visualizations provide stakeholders with clear insights that support strategic planning
...By analyzing seasonal patterns, they optimized
inventory management and improved their marketing strategies, resulting in a 15% increase in sales during peak seasons
...
Big Data Solutions for Small Businesses 
Customer Relationship
Management (CRM) Systems CRM systems leverage big data to help small businesses manage customer interactions and data
...By adjusting
inventory based on this analysis, they increased sales by 20% over six months
...
Key Success Metrics 
Operational Efficiency Ratio,
Inventory Turnover, Cycle Time Employee Metrics Metrics that gauge employee performance and satisfaction
...Ensure Data Integrity: Invest in data quality
management to ensure accuracy and reliability
...
Big Data Analytics for Competitive Strategies 
Risk
Management Analytics can help identify potential risks and develop strategies to mitigate them
...Supply Chain Management Analyzing data from the supply chain can help organizations optimize
inventory levels, reduce costs, and improve delivery times
...
Selbstständig machen mit Ideen 
Der Weg in die Selbständigkeit beginnt nicht mit der Gründung eines Unternehmens, sondern davor - denn: kein Geschäft ohne Geschäftsidee. Eine gute Geschäftsidee fällt nicht immer vom Himmel und dem Gründer vor die auf den Schreibtisch ...