Supply Chain Management
Data Outcomes
Data Mining Tools Overview
Profit Optimization
Change
Analyzing Operational Data for Insights
Elements
Coordination
Data Mining for Data Governance 
Data Governance Data governance refers to the overall
management of data availability, usability, integrity, and security in an organization
...Procter & Gamble
Supply Chain Optimization Enhanced inventory management, reducing costs by 15%
...
Data Outcomes Tools like risk
management models are essential for making investment decisions
...Operations Data outcomes help streamline operations by identifying bottlenecks and optimizing
supply chain management
...
Data Mining Tools Overview SAS A comprehensive analytics software suite that provides advanced analytics, business intelligence, and data
management ...Operations: Streamlining
supply chain processes and improving inventory management
...
Profit Optimization Targeted marketing campaigns Inventory
Management Strategies for managing inventory levels to reduce costs and meet demand
...Supply chain optimization Tools for Profit Optimization Various tools and software support profit optimization efforts
...
Change Strategies for Effective Change
Management To successfully manage change, organizations can adopt several strategies: Engage Stakeholders: Involve key stakeholders in the change process to gain support and insights
...notable examples: Case Study 1: Retail Industry A leading retail company implemented prescriptive analytics to optimize its
supply chain ...
Analyzing Operational Data for Insights Supply Chain Management: Information related to inventory levels, supplier performance, and logistics
...
Elements The following are the primary elements of business analytics: Data
Management Data Collection Data Storage Data Integration Statistical Analysis Descriptive Statistics Inferential Statistics
...Resource allocation,
supply chain optimization Importance of Data Quality Data quality is a critical element in both business analytics and data analysis
...
Coordination It is a critical aspect of
management that ensures that different departments or teams work together harmoniously towards common goals
...Effective external coordination is crucial for
supply chain management and customer relationship management
...
Enhancing Business Intelligence Key areas of application include: Customer Relationship
Management (CRM)
Supply Chain Management Risk Management 4
...
Provisions include: Application Area Description Risk
Management Provisions are used to identify, assess, and mitigate risks that could impact business objectives
...resilience during economic fluctuations Company B Operational provisions for
supply chain disruptions Maintained service levels during crises Company C Strategic provisions for entering new markets
...
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