Data ware house
solutions prove to be the best solutions to face the challenges. Now in the age
of competition it is difficult to make a decision alone. Decisions should be
taken in time.
Suppose that the super
market has not implement the data warehouse solutions so at the time of decision it does not know which product is sale
in large amount? Which age group attract that product? Is the product gain
profit or not?
Every company sale
products like laptops, desktops, mobile phones, etc. company contact the
supplier before purchasing and confirm the terms of contract. If the discount
is not according to the terms and conditions than 2 parties start discussion on
that matter.
There are some
questions queried to an executive or manager and he has to response this to get
an additional edge over his challengers. These queries may not be compulsory to
run a business but are compulsory for the existence and growth of the business.
- How to rise the market share of the
company by 5%?
- What is the quality of the customer
service offered and what improvements are needed?
- Which manager needs help with
selling strategies?
- Which product is not doing well in
the market?
Why is Data Warehouse
Crucial?
What is the quality of
the customer service provided? This is one of the questions a manager strives
to understand. He breaks it down into smaller questions like how many customer
feedback did we receive in the last 6 months? He files a query on the
database to analyze. The database holds every customer feedback that it has
received.
Manager have to understand
that what quality customers expected. To so this he can break the question into
many small questions like how many client response did we receive in the last 5
months? He records a query on the database to examine.
Advantages of using thedata warehouse solutions:
- Regulates data across an organization.
- Make smarter decisions for
companies.
- Reduce the cost and remove that
product which is not doing well.
- Increases revenue.
No comments:
Post a Comment