Sales Data
Big Data Scenarios
Procedures
The Importance of Data Accuracy in Predictions
Enhancing Brand Strategy with BI
Utilizing Big Data for Marketing
Audience Analysis
Trend Analysis
Enhancing Supply Chain Management 
Role of Business Analytics in SCM Business analytics plays a pivotal role in enhancing supply chain management by providing
data-driven insights
...Sales Forecasting: Accurate sales predictions lead to better inventory management and resource allocation
...
Business Forecasting 
Business forecasting is the process of predicting future trends in business operations based on historical
data and analysis
...Some key applications include: Application Area Description
Sales Forecasting Predicting future sales based on historical sales data and market analysis
...
Big Data Scenarios 
Big
Data refers to the vast volumes of structured and unstructured data that inundate a business on a day-to-day basis
...the retail industry, Big Data analytics is used to enhance customer experiences, optimize inventory management, and improve
sales strategies
...
Procedures 
In the realm of business analytics and
data governance, procedures are essential for ensuring that data is managed effectively and responsibly
...123 eCommerce Data Integration Procedures Improved
sales forecasting accuracy by integrating data from multiple channels
...
The Importance of Data Accuracy in Predictions 
Data accuracy is a critical factor in the field of business, particularly in the realm of business analytics and predictive analytics
...Company Issue Solution Outcome Company A Inaccurate
sales forecasts Implemented a new data validation system Improved forecasting accuracy by 30% Company B High customer churn rate Enhanced
...
Enhancing Brand Strategy with BI 
Business Intelligence encompasses a variety of tools, technologies, and practices that collect, analyze, and present business
data ...Data Collection: Gather data from various sources, including
sales, customer feedback, and market research
...
Utilizing Big Data for Marketing 
Big
Data refers to the vast volumes of structured and unstructured data that inundate businesses daily
...Customer Transactions Data from
sales transactions, including purchase history and payment methods
...
Audience Analysis 
insights into their audience, leading to more effective marketing campaigns, improved customer satisfaction, and increased
sales ...Behavioral
Data Analysis of audience behavior, including purchasing habits, brand loyalty, and product usage
...
Trend Analysis 
Trend analysis is a critical component of business analytics and business intelligence, focusing on the evaluation of
data over time to identify patterns, shifts, and trends that can inform strategic decision-making
...For example, comparing
sales data across different regions or time periods
...
Parameters 
context of business and business analytics, parameters refer to measurable factors or variables that are essential for analyzing
data and making informed decisions
...For example, in a
sales forecast model, the sales growth rate may vary based on market conditions
...
Geschäftsiee und Selbstläufer 
Der Weg in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. vor Gründung des Unternehmens. Ein gute Geschäftsidee mit neuen und weiteren positiven Eigenschaften wird zur
"Geschäftidee u. Selbstläufer" ...