Inventory Management
Data Repository
Predictive Analytics and Business Transformation
Operations
Streamlining Processes with Data Analysis
The Role of Predictive Analytics in Business
Optimize Service Delivery with Data Analytics
Using Big Data
Data Mining in Retail Analysis 
This practice is essential for retailers to understand customer behavior, optimize
inventory, enhance marketing strategies, and ultimately drive sales
...Enhanced Inventory
Management: Predicting demand allows retailers to optimize stock levels and reduce holding costs
...
Data Repository 
The main types include: Databases: Structured collections of data that are managed by database
management systems (DBMS)
...Some common use cases include: Retail: Analyzing customer behavior and sales data to optimize
inventory and marketing strategies
...
Predictive Analytics and Business Transformation 
Sales Sales Forecasting Improved
inventory management and resource allocation
...
Operations 
In the context of business and business analytics, operations encompass the systematic
management of resources, information, and processes to optimize performance and achieve strategic objectives
...Just-In-Time (JIT):
Inventory management strategy that aligns production with demand
...
Streamlining Processes with Data Analysis 
Risk
Management Data analysis helps in identifying potential risks, allowing for proactive measures
...optimize their supply chain by: Forecasting demand accurately Identifying bottlenecks in the supply chain Improving
inventory management 2
...
The Role of Predictive Analytics in Business 
Some of the most common applications include: Customer Relationship
Management (CRM) Customer segmentation Churn prediction Personalized marketing Supply Chain Management Demand forecasting
Inventory ...Personalized marketing Supply Chain Management Demand forecasting
Inventory optimization Supplier risk assessment Financial Services Credit scoring Fraud detection Risk management
...
Optimize Service Delivery with Data Analytics 
Risk
Management Data analytics helps in identifying potential risks and developing strategies to mitigate them
...Retail Industry A leading retail chain utilized prescriptive analytics to optimize
inventory management
...
Using Big Data 
Some notable applications include: Customer Relationship
Management (CRM): Analyzing customer data to improve engagement and retention
...Supply Chain Management: Enhancing logistics and
inventory management through real-time data analysis
...
Data Mining Benefits for Companies 
Risk
Management: Data mining helps in assessing potential risks and developing mitigation strategies
...Some key aspects include: Supply Chain Management: Analyzing data can help in forecasting demand and managing
inventory levels effectively
...
Understanding the Impact of Predictions 
Analytics Predictive analytics is utilized across various sectors, including finance, healthcare, marketing, and supply chain
management ...Targeted marketing strategies Supply Chain Demand forecasting Optimized
inventory management 3
...
Eine Geschäftsidee ohne Eigenkaptial 
Wenn ohne Eigenkapital eine Geschäftsidee gestartet wird, ist die Planung besonders wichtig. Unter Eigenkapital zum Selbstständig machen versteht man die finanziellen Mittel zur Gründung eines Unternehmens. Wie macht man sich selbstständig ohne den Einsatz von Eigenkapital? Der Schritt in die Selbstständigkeit sollte gut überlegt sein ...