Inventory Optimization
Improving Product Development with Insights
Predictive Modeling
Interactive Reports
Strategic Planning through Data Analysis
Data Analysis for Predictive Modeling
Data Science
Analyzing Patterns with Predictive Tools
Optimize Resource Management through Data 
Techniques in Prescriptive Analytics Technique Description Application
Optimization Models Mathematical models that find the best solutions under given constraints
...By analyzing historical sales data, the company was able to optimize its production schedule and reduce excess
inventory by 25%
...
Improving Product Development with Insights 
Prescriptive Analytics Recommends actions to achieve desired outcomes, often using
optimization techniques
...Amazon: Analyzes customer purchasing patterns to optimize
inventory and personalize shopping experiences
...
Predictive Modeling 
Credit scoring, fraud detection Retail Customer segmentation,
inventory optimization Healthcare Patient risk assessment, treatment effectiveness prediction Manufacturing
...
Interactive Reports 
Retail Sales performance monitoring and
inventory management
...Performance Issues: Large datasets can affect the performance of interactive reports, necessitating
optimization ...
Strategic Planning through Data Analysis 
Methods of Prescriptive Analytics Several methods are commonly used in prescriptive analytics:
Optimization Techniques: Mathematical models that determine the best course of action among various alternatives
...Analytics Prescriptive analytics can be applied across various business functions: Supply Chain Management: Optimizing
inventory levels and logistics
...
Data Analysis for Predictive Modeling 
Marketing Customer segmentation and campaign
optimization Retail
Inventory management and sales forecasting Manufacturing Predictive maintenance and quality control Challenges
...
Data Science 
Retail: Customer segmentation,
inventory management, and demand forecasting
...Manufacturing: Predictive maintenance, quality control, and supply chain
optimization ...
Analyzing Patterns with Predictive Tools 
Retail Customer behavior analysis Personalized marketing and
inventory optimization Manufacturing Predictive maintenance Minimized downtime and cost savings Transportation
...
Develop Effective Business Strategies using Data 
Forecasts future trends R, Python Prescriptive Analytics Recommends actions
Optimization software, AI tools 4
...Here are a few examples: Case Study 1: Retail Company A major retail company utilized predictive analytics to forecast
inventory needs
...
Understanding the Importance of Descriptive Analytics 
Retail: Evaluating sales data to optimize
inventory management and enhance customer experience
...Resource
Optimization: By analyzing historical data, companies can identify areas where resources can be allocated more effectively
...
Nebenberuflich selbstständig Ideen
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 ...