--- title: Turn into a Prescriptive Analytics Expert description: What do you need to make the most-knowledgeable-decisions when operating Prescriptive Analytics? image: https://blog.prophetic-technology.com/hubfs/adeolu-eletu-unRkg2jH1j0-unsplash.jpg --- [hello@psdtohubspot.com](mailTo:hello@psdtohubspot.com) [+91 8874569874](tel:+91%208874569874) Hours : Opens 10:00 AM To 07:00 PM [![logoHD](https://blog.prophetic-technology.com/hs-fs/hubfs/logoHD.jpg?width=2500&name=logoHD.jpg "logoHD")](https://www.prophetic-technology.com/) - [Home](https://www.prophetic-technology.com/home) - [Subscribe](https://www.prophetic-technology.com/pt-blog-subscribe-opt-in-consent?hsCtaTracking=174cc371-9cdc-4b94-a32e-9007f0ac4dea%7C0776642c-2604-4695-8e3f-f7a74f10031a) - [Contact Us](https://www.prophetic-technology.com/contact-us-old) - [supply chain](https://blog.prophetic-technology.com/topic/supply-chain) - [analytics](https://blog.prophetic-technology.com/topic/analytics) # [Turn into a Prescriptive Analytics Expert](https://blog.prophetic-technology.com/turn-into-a-prescriptive-analytics-expert) Prescriptive Analytics turns you into a Strategic Business partner through the transformational-valu... [Read More →](https://blog.prophetic-technology.com/turn-into-a-prescriptive-analytics-expert) - [supply chain (286)](https://blog.prophetic-technology.com/topic/supply-chain) - [technology (138)](https://blog.prophetic-technology.com/topic/technology) - [logistics (81)](https://blog.prophetic-technology.com/topic/logistics) - [procurement (69)](https://blog.prophetic-technology.com/topic/procurement) - [optimisation (65)](https://blog.prophetic-technology.com/topic/optimisation) Posted by [Dave Food](https://blog.prophetic-technology.com/author/dave-food) on Jun 2, 2020 3:47:34 PM ![Dave Food](https://app.hubspot.com/settings/avatar/9fa060d35f0f962fafafe972c24035ae) Find me on: [Facebook](https://www.facebook.com/davefood) [LinkedIn](https://www.linkedin.com/in/davefood) [Twitter](https://www.twitter.com/davefood) **Prescriptive Analytics** turns you into *a Strategic Business partner* through the transformational-value of your business. **Prescriptive Analytics** nowadays has good market penetrations, and it is likely to extend even further by 2020.   **Outlining Prescriptive Analytics** **Prescriptive Analytics** real explosion began in 2013, and it continues to grow year after year. In early 2011, the term Prescriptive Analytics first appeared in Gartner (a well-recognised-technology-research multinational). Since then, a keen interest on this approach is vital. **IT** departments could tell you that it would be *not viable* for you to find a solution to your problems *unless YOU ARE adding a skilled-full-time programmer. *This problem of misconception about *integrating innovative technology* seems to be a global issue across many industries. To help to stop this *false information* and *correctly coach participants* within a business on **Prescriptive Analytics**, please analyse these facts: **You benefit from:** ·       Improved *ability to respond without delay* to market changes in most favourable approaches. ·       *Enhanced trust in your Marketing plans*, winning the *loyalty* of Sales, Finance, and Operations areas. ·       A Return on Investment (**ROI**) on your marketing initiatives. ·       The benefit of a per cent of the Marketing annual-income. **Widespread uses of this tool:** ·       Augmenting *product* range or *machine/resource distribution*. ·       *To increase the number of beds* and the *additional-hours shifts* in a hospital. ·       *Risk alleviation* of future scenarios. Key **mathematical-based** *fields* of **Prescriptive Analytics** encompass**:** ·       Process examination. ·       Machine Learning (**ML**). ·       Natural Language processing. ·       Applied Statistics. Each domain of learning includes several *sub-disciplines* and *alternatives*. For instance, Operations Research contains various *dissimilar systems* such as Simulation, Decision Analysis, and Optimisation. **What do you need** to make the *most-knowledgeable-decisions* when operating **Prescriptive Analytics**? Experts divide **Prescriptive Analytics** into *two different approaches*: ·       *Heuristics-based automated decision-making* (defined as a method of solving problems by finding practical ways of dealing with them, learning from past experiences.) ·       Optimisation-based decision support. **Heuristics-based decision automation** It is a different approach, meaning that when an *event takes place*, the *system will determine what to do*, because of a *set of already-defined rules* plugged in. These rules are typically determined by *humans using intuitive sense* and *best practices*, **no math at all!** This kind of approach *cannot grant a solution beyond* of what has been preset. **Optimisation-based decision support** To get to the bottom of operational issues, such as Logistics planning or route optimisation, Operations Research experts *usually utilise optimisation*. Advanced-optimisation approaches *link the value chain* with financials, *driving higher-quality info* than with single predictive or **BI** models, and achieves *domestic-data consistency,* and pin-point *unachievable outcomes*. Using **Prescriptive Analytics** in optimisation *allows users to overcome* all these issues and encounter most of *the goals set by* your enterprise. The top thing to observe is that it operates *mathematical-algorithms* that function *accordingly to the needs* and *realities of your business*, hence, continually supplying *achievable strategies*. What to *take away*? To know the different procedures to operate **Prescriptive Analytics**; while *there is not an immediate requirement* to go *deeply into math*, Supply Chain leaders **do** need *to appreciate the value* each method can generate, as it can transform the entire company. **Summing up:** top companies are making great efforts on moving from the traditional *Descriptive* and *Diagnostic Analytic* proficiencies towards **Prescriptive Analytics**.  Embracing this valuable tool is decisive for your enterprise supply chains *to procure a useful gain* at once and in the future.   **Dave Food** [Prophetic Technology](https://www.prophetic-technology.com/) **Subscribe to our emails & exclusive free content.** **[I want to subscribe](https://blog.prophetic-technology.com/cs/c/?cta_guid=0776642c-2604-4695-8e3f-f7a74f10031a&placement_guid=174cc371-9cdc-4b94-a32e-9007f0ac4dea&portal_id=2979069&canon=https%3A%2F%2Fblog.prophetic-technology.com%2Fdo-actual-jobs-equally-benefit-all-workers&redirect_url=APefjpF4Sxc7gEmul7z5-wU89eRH74m7Gjnq4lCre8tXiHEl4ZE9pKrFRvRW9l6Am6-q6DEvB590rMVCeeRffRZLcVE_gv8ri9Tl2d6Md72UH8pi7uhATO-yPVzgAeatsdNS9zB6oRX6V8snQhVUpAXUUKgPk2-8IRPKfu-bbqdKAf_ddndSUf1MBqtZE3EPMr0hX4b9hJ_E1HF6DYeQRXMMLC8dr7YVpkicTjP9k3_qynO04bNx8_XYuZXUaR5NW0EtjvZbDiyMtgCQWACW4zWhrhvVy8IEQ9rFkqzM9l4Bq4pp4NiPoLq3H8U5mIs4cSA1QCXNY0xw&click=309e0958-63db-4e6a-af5d-36323dff5440&hsutk=9724d4a2324e477c9e07bd5bc116a679&signature=AAH58kHgO1iDS5UxsGXE42-d-rQ3tRsfbg&utm_referrer=https%3A%2F%2Fblog.prophetic-technology.com%2F&pageId=27424704174&__hstc=108876957.9724d4a2324e477c9e07bd5bc116a679.1556898525657.1588429855784.1588505789111.111&__hssc=108876957.2.1588505789111&__hsfp=2920323932&contentType=blog-post)**   - [supply chain](https://blog.prophetic-technology.com/topic/supply-chain) - [analytics](https://blog.prophetic-technology.com/topic/analytics) - - - ## Post Your Comments Here #### About Us Prophetic Technology is a team of dedicated people that combine their expertise in business domains with a passion to release potential.s every page it appears on. 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