Inventory Management
Forecasting
Metrics
Trends and Patterns in Sales
The Importance of Predictive Analytics Today
Data Mining Techniques Comparison
Data Mining Methods for Decision Making
Enhance Business Processes
Performance Insights 
Customer Relationship
Management (CRM) Systems Platforms like Salesforce that help track customer interactions and sales performance
...Retail Sector: A leading retail chain used Performance Insights to analyze customer purchasing patterns, leading to optimized
inventory management and increased sales
...
Forecasting 
various business functions, including: Sales Forecasting: Predicts future sales volume to help organizations manage
inventory and production
...Demand Forecasting: Projects customer demand for products or services to optimize supply chain
management ...
Metrics 
Customer Satisfaction Score, Net Promoter Score, Average Response Time Operations
Inventory Turnover, Order Fulfillment Time, Production Efficiency Importance of Metrics in Business Metrics are essential for several reasons: Informed
...tools include: Business Intelligence Software Data Visualization Tools Analytics Platforms Performance
Management Software Customer Relationship Management (CRM) Systems Conclusion Metrics are vital components of business analytics that enable organizations to measure performance,
...
Trends and Patterns in Sales 
Optimize
inventory management ...
The Importance of Predictive Analytics Today 
Risk
Management Predictive analytics helps identify potential risks and enables organizations to take proactive measures to mitigate them
...Some notable applications include: Retail: Predicting customer purchasing behavior to optimize
inventory and personalize marketing strategies
...
Data Mining Techniques Comparison 
Unsupervised Fraud detection, network security Identifies outliers, useful for risk
management High false positive rate, requires domain knowledge Text Mining Unsupervised Sentiment analysis, document
...Manufacturing: Using time series analysis for predictive maintenance and
inventory management
...
Data Mining Methods for Decision Making 
widely used for forecasting future values based on previously observed values, making it essential for financial forecasting,
inventory studies, and economic modeling
...Retail: Inventory
management, sales forecasting, and customer loyalty programs
...
Enhance Business Processes 
Optimizing
inventory levels to minimize costs
...Change
Management: Employees may resist changes to established processes
...
Analytics Insights 
Operations Analytics insights can streamline business operations by improving supply chain
management,
inventory control, and process optimization
...
Data Analysis for International Business 
Supply Chain
Management In supply chain management, data analysis is used to optimize logistics, forecast demand, and manage
inventory ...
Mit guten Ideen nebenberuflich selbstständig machen
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 ...