Implementing A Business Intelligence Team Essay - 1538 Words

1.2. Anticipated Outcomes By adopting a business intelligence team, Acosta will achieve company-wide goals quicker. The team will support all functions in the value chain, aiding them to become stronger performers. With the retail team, business intelligence will help decrease drive time so more time is spent in the stores. Human Resources will realize savings in lower employee turnover, saving time searching for candidates and training. Category Management will have flexible, useful reports that will support more proactive research into business issues and opportunities. The Finance team will deliver better reporting to the field so associates can better understand their value to the company. Acosta will have a better pricing model that will account for market differences as well as manufacturer differences. The business intelligence team backed up by the proper software will support the company to be more analytical and deliver the needed value for our clients. 1.3. Recommendations When determining the best way for the company to move forward, different options were considered to improve the analytical bearing of the company and developing a business intelligence team was the best option. Acosta’s corporate goals to retain talent, win at every customer, exceed revenue targets, and deliver better execution in-store will be supported by this team. The project will entail hiring a team of business intelligence analysts as well as purchasing both optimization andShow MoreRelatedWhy Data Mining Is The Extraction Of Knowledge From The Various Databases1329 Words   |  6 Pages(Musan Hunyadi, 2010). Data mining consists of using software that conglomerates artificial intelligence, statistical analysis, and systems management in the act of extracting facts and understanding from data stored in data warehouses, data marts, and through metadata (Giudici, 2005). 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