What is Business Intelligence? BI


Discover the tools for data-driven decision making applied to supply chain optimization.

What is Business Intelligence? — (Image by Author)

Business Intelligence is a process that leverages software and services to transform data into actionable intelligence supporting decision-making.

This intelligence helps businesses to gain insights into their operations, improve their process efficiency and create a competitive market advantage.

Business Intelligence process in five steps — (Image by Author)

Business Intelligence tools combine a wide range of applications including data warehousing, data discovery, and visualization.

The goal is to simplify the procedure of analyzing raw data by transforming it into summarized insights used for strategic decision-making.

In this article, we will explore the concept of Business Intelligence to understand how it can support operational continuous improvement initiatives for a more efficient and sustainable supply chain.

Summary
I. What is Business intelligence?
1. Distribution Operations for Fashion Retail
2. Business Intelligence for Operational Management
3. Business Intelligence is not Advanced Analytics
4. Supporting Operational Performance Improvement
II. The Mechanics of Business Intelligence
1. What is a Data Warehouse?
2. A central source of harmonized data for reporting
III. Why is Business Intelligence Significant?
1. Answering a simple business question
2. Become a data-driven green organization
IV. Conclusion

This can be defined as a range of software applications used to analyze an organization’s raw data.

1. Distribution Operations for Fashion Retail

We can use the example of an international clothing group that has stores all around the world.

Supply Chain Network — (Image by Author)



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