Inventory Optimization
Data Mining
Create Competitive Advantage
Data Derivation
Drive Strategic Business Outcomes
Prescriptive Analytics
Decision Support
Operations
Predictive Analytics 
Marketing Customer segmentation, campaign
optimization, and churn prediction
...Supply Chain Management Demand forecasting,
inventory management, and logistics optimization
...
Data Mining 
the key areas where data mining is utilized include: Retail: Understanding customer purchasing behavior, optimizing
inventory, and enhancing customer experience through personalized marketing
...Telecommunications: Churn prediction, customer segmentation, and network
optimization ...
Create Competitive Advantage 
Inventory optimization to reduce costs
...
Data Derivation 
Resource
Optimization: Data derivation helps in optimizing resources by identifying inefficiencies and areas for improvement
...Retail:
Inventory management and sales forecasting based on purchasing trends
...
Drive Strategic Business Outcomes 
Key components of prescriptive analytics include:
Optimization algorithms Simulation techniques Decision analysis Benefits of Prescriptive Analytics Benefit Description Improved Decision-Making Provides actionable insights that help
...Industry Outcome Company A Retail Increased sales by 15% through optimized
inventory management
...
Prescriptive Analytics (K) 
Overview Prescriptive analytics employs advanced analytical techniques, including
optimization, simulation, and machine learning, to evaluate potential outcomes and recommend the best course of action
...Some notable applications include: Supply Chain Management: Optimizing
inventory levels, logistics, and supplier relationships to reduce costs and improve service levels
...
Decision Support 
Manufacturing: Aids in production planning,
inventory management, and quality control
...Retail: Enhances customer relationship management, sales forecasting, and inventory
optimization ...
Operations 
Inventory Management: Overseeing the ordering, storage, and use of components that a company uses in the production of the items it sells
...Supply Chain
Optimization Analyzing supply chain data to optimize operations
...
Understanding Analytics Impact 
Resource allocation,
optimization problems
...Improved
inventory management
...
Analysis 
Prescriptive Analysis: Provides recommendations for actions based on predictive insights, often incorporating
optimization techniques
...Supply Chain Optimization: Forecasting demand to improve
inventory management and reduce costs
...
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 ...