Remove Business Intelligence Remove KPI Remove Strategy Remove Weak Development Team
article thumbnail

Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

Below are some core features that might be beneficial for your business in the long run: Collaboration and Sharing to overcome Data Silos: Power BI offers real-time data sharing capabilities, a key feature that addresses the challenge of data silos. Here’s an in-depth look at three common types of supply chain dashboards: 1.

article thumbnail

Data Architect: Role Description, Skills, Certifications and When to Hire

Altexsoft

It serves as a foundation for the entire data management strategy and consists of multiple components including data pipelines; , on-premises and cloud storage facilities – data lakes , data warehouses , data hubs ;, data streaming and Big Data analytics solutions ( Hadoop , Spark , Kafka , etc.);

Data 87
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

13 power tips for Microsoft Power BI

CIO

Power BI is Microsoft’s interactive data visualization and analytics tool for business intelligence (BI). Power BI reports can also be embedded in Word, PowerPoint, Outlook, and SharePoint and be shared via Teams. According to Microsoft, an organizations’ use of Power BI data nearly doubles when the app is pinned in Teams.

article thumbnail

Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

Top inventory management KPIs We can’t describe all the inventory KPIs that exist out there, so we’ll focus on the most popular and actionable ones. We’ll also suggest a few tips on how to approach inventory-related business intelligence. Just like with ITR, there’s no one DSI value that all businesses have to strive for.

KPI 52
article thumbnail

RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

It’s been a long time since it became obvious that to develop and stay competitive, businesses have to support their decision-making with data. It’s vital to understand what information can be useful and give a better understanding of business processes — not only to measure success, but also aid in making decisions.

Hotels 64
article thumbnail

Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

So, implementing data aggregation and price forecasting techniques that collect the market data from various external sources (for example, you can connect to such information providers as Beroe to monitor market fluctuations), will allow you to get accurate price predictions that you can use to plan your procurement strategy and create budgets.