The Future Retail BI Architecture
The future Retail BI Architecture consists of:
Common Analytical Layer
Regardless of what POS, Retail Management of BI systems are considered,
without a common analytical layer across the enterprise, their effectiveness
A common analytical platform that translates data into consistent,
actionable information can help retailers fully leverage their data
and improve performance in an increasingly competitive retail environment.
This is the future of retail, and those whom chose to ignore BI
as a strategic approach, will undoubtedly be left behind.
Web Based Analytics
Web based analytical applications provide reporting and analysis
at the front-lines where store managers and other decision makers
can quicky ascertain performance issues and act quickly on the information.
This creates a collaborative enviornment where executives, analysts
and shop managers can work together for rapid performance improvement,
and competitive strength.
By working towards a Business Intelligence Architecture that utilizes
common databases and end-user applications, retail organizations
will be able to deliver the various information needs. This architecture
spans across all transactional systems, which feed it with data.
The architecture typically consists of three layers:
- A Relational Database Layer - supports meta-data
and more granular-level information for detailed analysis.
- An Online Analytical Processing (OLAP) Database Layer
- provides high speed access to summarized information supporting
user initiated modeling and planning.
- A Delivery Layer - common interfaces across
the enterprise that provide easy access to the underlying data.
BI ROI In Retail
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More Detail on Retail BI Strategy, Program & Technology
Index | BI Strategy | Complexities
| Barriers | Retail
IT Systems | BI IT Optimisation
| BI Evolution | Integrated
Retail BI | Implementation
| Business Benefits | RMS