Inventory Optimization
Practical Data Mining
Strategic Insights
Leveraging Data Science for Business Intelligence
Applications of Data Mining in Marketing
Best Practices Overview
Enhancing Business Strategies
Findings
Predictive Analytics 
Retail: For
inventory management, customer segmentation, and sales forecasting
...Manufacturing: For predictive maintenance and supply chain
optimization ...
Practical Data Mining 
applications include: Industry Application Retail Customer segmentation,
inventory management, and sales forecasting
...Healthcare Patient diagnosis, treatment
optimization, and predictive analytics for patient outcomes
...
Strategic Insights 
Prescriptive Analytics: Offers recommendations for actions based on predictive analytics and
optimization techniques
...Insights to enhance their operations: Retail Sector: A leading retail chain utilized predictive analytics to optimize
inventory levels, resulting in a 15% reduction in stockouts
...
Leveraging Data Science for Business Intelligence 
Risk management,
inventory optimization Big Data Technologies Tools and frameworks to handle large volumes of data
...
Applications of Data Mining in Marketing 
Sales Forecasting Estimating future sales based on historical data, helping businesses manage
inventory and resources
...Pricing
Optimization Data mining techniques can also be applied to optimize pricing strategies
...
Best Practices Overview 
This could include improving customer retention, optimizing
inventory levels, or enhancing marketing strategies
...Marketing Campaign
Optimization Determining the effectiveness of marketing strategies and customer targeting
...
Enhancing Business Strategies 
Supply Chain Management: Optimizing
inventory levels and reducing costs by forecasting demand
...Marketing
Optimization: Targeting the right audience with personalized campaigns based on predicted preferences
...
Findings 
Prescriptive Findings: These findings provide recommendations for actions to achieve desired outcomes, often utilizing
optimization techniques
...achieve significant improvements: Case Study 1: Retail Sector A major retail chain utilized predictive analytics to enhance
inventory management
...
Streamline Business Processes with Analytics 
Prescriptive Analytics Suggests actions to achieve desired outcomes using
optimization and simulation algorithms
...Company A Retail Utilized predictive analytics to forecast
inventory needs
...
Practical Data 
Sector Application Retail
Inventory management and customer segmentation
...Healthcare Patient care
optimization and predictive analytics for disease outbreaks
...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.