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Abstract
The information economy puts a premium on high quality
actionable information - exactly what Business Intelligence
(BI) tools like data warehousing, data mining, and OLAP
can provide to the retailers. A close look at the different
retail organizational functions suggests that BI can
play a crucial role in almost every function. It can
give new and often surprising insights about customer
behavior; thereby helping the retailers meet their ever-changing
needs and desires.
On the supply side, BI can help retailers identify
their best vendors and determine what separates them
from not so good vendors. It can give retailers better
understanding of inventory and its movement and also
help improve storefront operations through better category
management. Through a host of analyses and reports,
BI can also improve retailer's internal organizational
support functions like finance and human resource management.
Author
Srinivasa Rao P
To know more about Wipro in business intelligence and
data warehousing, go to www.wipro.com/datawarehouse
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