Operational Analysis
Measurements
Supply Chain Analytics
Implementing Predictive Analytics in Business
Data Quality Assurance
Plans
Statistical Investigations
Descriptive Statistics for Business Decisions
Utilizing Cloud Technologies for BI 
Business Intelligence (BI) refers to the technologies and strategies used by enterprises for data
analysis of business information
...challenges, and best practices associated with cloud-based BI, businesses can make informed decisions that drive growth and improve
operational efficiency
...
Data Science Data scientists employ various techniques to analyze data, which can lead to improved business strategies and
operational efficiencies
...Data Cleaning: Preparing data for
analysis by removing inaccuracies, duplicates, and irrelevant information
...
Measurements They provide essential data that informs decision-making processes, enhances
operational efficiency, and drives strategic initiatives
...Root cause
analysis results Predictive Measurements Data used to forecast future trends based on historical data
...
Supply Chain Analytics (K)
Supply Chain Analytics refers to the application of data
analysis techniques to enhance the efficiency and effectiveness of supply chain operations
...Cost Reduction: Lowering
operational costs through optimized inventory management and logistics
...
Implementing Predictive Analytics in Business Improved Decision-Making Data-driven insights enable better strategic planning and
operational decisions
...Common methods include: Regression
Analysis Decision Trees Neural Networks Time Series Analysis 5
...
Data Quality Assurance importance of DQA can be summarized in the following points: Improved Decision Making: High-quality data leads to better
analysis, which in turn supports effective decision-making
...Increased
Operational Efficiency: Accurate data minimizes errors and reduces the time spent on correcting data issues
...
Plans Operational Plans: Detailed plans that outline the day-to-day operations required to implement tactical plans
...Data Sources Identification of relevant data sources needed for
analysis, including internal and external data
...
Statistical Investigations Data
Analysis: Applying statistical techniques to analyze the collected data, which may include measures of central tendency, variability, and correlation
...Operations: Improving efficiency and productivity by analyzing
operational data
...
Descriptive Statistics for Business Decisions It serves as the foundation for more advanced statistical
analysis and is crucial for understanding the characteristics of data sets
...Quality Control: Monitoring product quality and
operational efficiency
...
Business Intelligence Business Intelligence (BI) refers to the technologies, practices, and applications for the collection, integration,
analysis, and presentation of business data
...Operational Efficiency: Optimizing processes by predicting outcomes and resource needs
...
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