Retailers will identify the type of Business Intelligence that can be accessed to inform their business plan. [printfriendly]
Supply Chain System
Business intelligence is a key component for understanding your rates of sale. Sales trends can help you calculate when you need to order more inventory on the other side of your supply-chain management.
It is important to understand where your supplies are coming from and just how long it will take to get to you. Tracking this can help ensure that you are ordering just enough in time to supply your customers. This in turn will help your cash flow.