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December 7, 2006
"Retail BI" is an incomplete term
The term 'Retail BI' is often heard in the marketplace these days. This however, is incomplete on its own and should be expanded, as the industry deserves.
The retail industry has diverse sub-segments - food, non-food, speciality merchandise (which in itself is diverse), catalogue, convenience stores and wholesalers. Each of these segments have unique needs in terms of analysis and decision support. For example, color-style-size analysis has no meaning for a food retailer, and a DSD performance by vendor report will find no place at an apparel retailer.
Therefore, what's needed is BI that is specific to the type of retailer. For example, BI for Fashion Retail or BI for Mass Merchandisers.
Know any solutions that do this? I know of one - it's easy to find out!
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Posted by Sam Murphy at 8:15 AM | Comments (0)
