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Business Intelligence for the Retail Industry
sponsored by SAP America Inc
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Posted:
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19 May 2008
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Published:
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01 Jan 2008
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Format:
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PDF
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Length:
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8
Page(s)
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Type:
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White Paper
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Language:
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English
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ABSTRACT:
The Retail Sector was one of the first sectors to make significant investments in collecting and integrating customer data in data warehouses. Retailers have generally earned a significant return on their IT system investments by using business intelligence systems to analyze the data to improve business performance with a focus on reducing operating costs, without sacrificing the customer experience. The levers that a retailer can use to optimize performance include: price, promotion, markdown, assortment, space, allocation and replenishment. Data-driven decision making is key to successful decisions regarding all of these levers.
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Author
Don Tapscott
Chairman and Founder
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New Paradigm
Don Tapscott, one of the world’s leading authorities on business strategy, is the founder and chairman of international think tank New Paradigm. Established in 1993, New Paradigm produces ground-breaking research on the role of technology in innovation, competitiveness and society. The company was acquired by BSG Alliance in November of 2007, and is expanding its syndicated research programs globally. Currently four multi million dollar efforts--The Enterprise 2.0, Talent 2.0, Marketing 2.0 and Government 2.0--investigate strategies for winning through next generation enterprises.
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BROWSE RELATED
RESOURCES
Business Intelligence | Business Performance Management
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View All Resources
sponsored by SAP America Inc
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