Operational Analysis
Strategic Decision Making
Principles
Data Mining in Supply Chain
Building a Data Strategy for Success
Performance Metrics
Methodologies
Intelligence
Opportunities 
analytics and its subset, predictive analytics, and how organizations can leverage these tools to enhance decision-making and
operational efficiency
...categorized into several areas: Data-Driven Decision Making: Organizations can make informed decisions based on data
analysis rather than intuition
...
Data Integration It involves combining data from different sources to provide a unified view for
analysis and decision-making
...This process enhances the quality and accessibility of data, allowing organizations to derive meaningful insights and improve
operational efficiency
...
Strategic Decision Making It encompasses the formulation of strategies to achieve long-term goals and involves the
analysis of various internal and external factors affecting the business environment
...Optimize resource allocation and
operational efficiency
...
Principles and data governance refers to the foundational concepts and guidelines that drive decision-making, strategy formulation, and
operational execution within organizations
...Core Principles of Business Analytics Business analytics involves the use of data
analysis and statistical methods to inform business decisions
...
Data Mining in Supply Chain process of analyzing large sets of data to uncover patterns, trends, and insights that can enhance decision-making and improve
operational efficiency
...Regression
Analysis Predicting a continuous outcome based on one or more predictor variables
...
Building a Data Strategy for Success A well-structured data strategy can lead to improved decision-making, enhanced
operational efficiency, and a competitive advantage in the market
...are currently being used? How is data being collected and stored? What tools and technologies are in place for data
analysis? What are the current challenges in data management? 3
...
Performance Metrics In the field of business analytics, performance metrics are particularly important as they guide data-driven strategies and
operational improvements
...Statistical
analysis, predictive analytics, and data visualization
...
Methodologies In the realm of business analytics, methodologies play a crucial role in guiding the process of data
analysis and decision-making
...CRISP-DM, SEMMA, TDM, Agile Analytics, and Design Thinking, businesses can enhance their decision-making processes, improve
operational efficiency, and drive innovation
...
Intelligence In the realm of business analytics, it involves the systematic
analysis of data to derive insights that can guide strategic decisions
...Operational Efficiency: By analyzing data, businesses can identify inefficiencies and optimize processes
...
Planning Operational Planning: Day-to-day planning that focuses on the execution of tactical plans and the management of resources
...Assess the internal and external environment to identify strengths, weaknesses, opportunities, and threats (SWOT
analysis)
...
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