Free Business Intelligence Practice Tests - BI Management
Business Intelligence | Integration
Today the scope of Business Intelligence is increasing day by day and is integrating with most of the available tools and methods used for enhancement of business.
The Business Integration includes the following concepts.
BI life cycle and management systems functions
The Business Intelligence life cycle starts fight from the phase when a problem arises and responsible person starts mining data. There are five phase in Business Intelligence life cycle in a broad picture. They are “Pre-planning and Analysis Phase”, “Strategy or Planning Phase”, “Designing Phase”, “Implementation/Realization Phase” and finally the “Roll-out Phase”. Let’s study them one by one.
ERP and BI
ERP stands for Enterprises Resource Planning, plays an important role in Business Intelligence as it form one single system which integrates both the Data and the Processes of an organization. An ERP system is combination of Software, Hardware and the Database. Thus an ERP system is capable for storing data in different functions according to organization divisions and needs, so that in future is return fast result to any business query.
SCM and BI
The increase in demand of products and with limited ability to raise the price were already challenge for retail enterprise in competitive market. To overcome that Supply Change Management (SCM), now a day is the key secret of every successful manufacturing company and is not limited to manufacturing companies only. The SCM is used to define the business strategies and operations. Using SCM manufacturing companies establish strong relationship with their customer, so that they can deliver high quality product at right price and on time. Thus SCM system impacts on organizational profits. It also helps in performing consistent or better.
E-commerce and BI
E-commerce also known as e-comm. or electronic commerce is the process of buying and selling products or services over the electronic medium such as Internet. The E-commerce system is combination of Online Transaction Process, SCM system, inventory management system, EDI system, Online Banking system, and data collection systems. The basic medium of E-commerce is World Wide Web.
