Supply Chain Management
Data Analysis as a Decision-Making Tool
Analytics Framework
Success
Interactive Dashboards
Data Methodologies
Predictive Modeling Best Practices
Practical Data Mining
Creating Actionable Insights through Predictions 
Risk
Management: Anticipating potential risks helps in developing mitigation strategies
...Operations: Optimizing
supply chain management and inventory levels
...
Data Analysis as a Decision-Making Tool Risk
Management Analyzing data helps identify potential risks and mitigate them effectively
...Operations: Streamlining processes and improving
supply chain efficiency through data-driven insights
...
Analytics Framework Risk
Management: Identifying potential risks and mitigating them before they impact the organization
...Supply Chain Optimization: Forecasting demand to improve inventory management and reduce waste
...
Success Better risk
management by predicting potential challenges and developing mitigation strategies
...Walmart Leveraged data analytics for
supply chain optimization
...
Interactive Dashboards Supply chain management, customer service metrics
...
Data Methodologies Common applications include:
Supply Chain Optimization Resource Allocation Risk
Management Exploratory Data Analysis (EDA) Exploratory Data Analysis is an approach to analyzing data sets to summarize their main characteristics, often using visual methods
...
Predictive Modeling Best Practices It is widely utilized in various fields, including finance, marketing, healthcare, and
supply chain management ...
Practical Data Mining include: Industry Application Retail Customer segmentation, inventory
management, and sales forecasting
...Manufacturing Quality control, predictive maintenance, and
supply chain optimization
...
Aligning Analytics with Business Goals Achieved a 15% increase in retention rates Company B Optimize
Supply Chain Implemented real-time analytics for inventory
management Reduced inventory costs by 20% Company C Enhance
...
Performance Analysis Operational Performance Analysis Assesses the efficiency of business operations, including production processes,
supply chain management, and resource allocation
...
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