Sales Management
Driving Innovation Forward
Forecasting
Collaboration
Identify Key Opportunities
Supporting Continuous Improvement with Data
Financial Strategy
Effectiveness
Customer Engagement 
By fostering strong customer engagement, businesses can enhance customer loyalty, increase retention rates, and drive
sales growth
...Data Collection Data can be collected from various sources, including: Customer relationship
management (CRM) systems Website and social media analytics Surveys and feedback forms 2
...
Implementing Predictive Models Effectively 
Retail Industry A leading retail chain utilized predictive analytics to optimize inventory
management ...By analyzing historical
sales data and seasonal trends, the company was able to forecast demand more accurately, reducing excess inventory by 20% and increasing sales by 15%
...
Driving Innovation Forward 
Risk
Management Identifying potential risks and mitigating them before they impact the business
...Some notable applications include: Retail: Analyzing customer purchase patterns to optimize inventory and improve
sales strategies
...
Forecasting 
several reasons: Informed Decision-Making: Accurate forecasts help businesses make informed decisions regarding inventory
management, staffing, and resource allocation
...Applications of Forecasting Forecasting is utilized across various sectors, including: Retail: Predicting
sales trends to optimize inventory levels and minimize stockouts
...
Collaboration 
Collaborative Software Applications designed to facilitate teamwork, such as project
management tools and communication platforms
...Reduced time-to-market by 30% Company B Data sharing platform for marketing and
sales Increased lead conversion by 25% Company C Regular brainstorming sessions Generated 15 new product
...
Identify Key Opportunities 
Key Components of Prescriptive Analytics Component Description Data
Management Collecting and storing relevant data from various sources
...This may include:
Sales data Market research Customer feedback Social media analytics 3
...
Supporting Continuous Improvement with Data 
Continuous Improvement Continuous improvement is often associated with methodologies such as Lean, Six Sigma, and Total Quality
Management (TQM)
...Sales reports, customer feedback Diagnostic Data Data that explains why something happened
...
Financial Strategy 
It encompasses a wide range of activities, including budgeting, forecasting, investment analysis, and risk
management ...aspects of this integration include: Data Collection: Gathering relevant financial data from various sources, such as
sales, expenses, and market trends
...
Effectiveness 
Sales Growth Rate Tracks the increase in sales over a specific period
...Effectiveness Business intelligence (BI) encompasses the strategies and technologies used by organizations for data analysis and
management ...
Data Ownership 
Organizational Ownership Data collected and maintained by organizations, including customer data,
sales records, and operational data
...In business analytics, data ownership is crucial for: Data Governance: Establishing policies and procedures for data
management and usage
...
Start mit Franchise ohne Eigenkapital 
Der Weg zum Franchise beginnt mit der Auswahl der Geschäftsidee, d.h. des passenden Franchise-Unternehmen. Ein gute Geschäftsidee läuft immer wie von selbst - ob mit oder ohne Kapitial. Der Franchise-Markt bietet heute immer neues so auch Franchise ohne Eigenkapital...