Inventory Optimization
Business Strategy
Change
Data Mining Techniques for Organizations
Predictive Analytics
Predictive Models in Data Mining
Using Predictive Insights to Drive Sales
Managing Operational Risks with Analytics
Enhancing Business Resilience through Analytics 
Resource allocation, supply chain
optimization, and strategic planning
...Prescriptive analytics can help businesses: Identify optimal
inventory levels to prevent stockouts or overstock situations
...
Business Strategy It combines advanced analytics techniques, such as
optimization and simulation, to evaluate different scenarios and their impacts on business objectives
...Prescriptive analytics can be applied in various areas of business strategy, including: Supply Chain Management: Optimizing
inventory levels and logistics
...
Change Optimization Finding the best course of action based on analysis
...By analyzing sales data and
inventory levels, the company was able to predict demand more accurately, resulting in a 15% reduction in stockouts and a 10% increase in sales
...
Data Mining Techniques for Organizations Some notable applications include: Retail: Data mining helps retailers analyze customer purchasing patterns, optimize
inventory, and improve marketing strategies
...Manufacturing: Data mining assists in predictive maintenance, quality control, and supply chain
optimization ...
Predictive Analytics Retail
Inventory management and customer segmentation
...Manufacturing Predictive maintenance and supply chain
optimization ...
Predictive Models in Data Mining Manufacturing: Predictive maintenance, demand forecasting, and supply chain
optimization ...Retail:
Inventory management, sales forecasting, and personalized recommendations
...
Using Predictive Insights to Drive Sales Resource
Optimization Predictive insights help allocate resources efficiently, ensuring that sales teams focus on high-potential leads
...Outcome Retail Corp Used predictive analytics to optimize
inventory management
...
Managing Operational Risks with Analytics Resource
Optimization: Analytics helps in allocating resources more efficiently to manage risks
...Company C Retail Descriptive Analytics Improved
inventory management, reducing excess stock by 25%
...
Insight Analytics Prescriptive Analytics Provides recommendations for actions based on predictive analytics and
optimization techniques
...numerous applications across various industries, including: Retail: Analyzing customer purchasing patterns to optimize
inventory and enhance marketing strategies
...
Predictive Analytics (K)
Supply Chain Management
Inventory optimization, demand forecasting, logistics planning
...
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