Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Mining the Data Warehouse According to a Merrill Lynch survey in 2006, business intelligence software and data- mining tools were at the top of CIOs'

Mining the Data Warehouse

According to a Merrill Lynch survey in 2006, business intelligence software and data- mining tools were at the top of CIOs' technology spending list. Following are a few examples of how companies are using data warehousing and data-mining tools to gain valuable business intelligence.

Ben & Jerry's

These days, when we all scream for ice cream, Ben & Jerry's cuts through the din by using integrated query, reporting, and online analytical processing technology from BI software vendor Business Objects. Through an Oracle database and with BI from Business Objects, Ben & Jerry's tracks the ingredients and life of each pint. If a consumer calls in with a complaint, the consumer affairs staff matches the pint with which supplier's milk, eggs, cherries, or whatever did not meet the organization's near-obsession with quality.

The BI tools let Ben & Jerry's officials access, analyze, and act on customer information collected by the sales, finance, purchasing, and quality-assurance departments. The company can determine what milk customers prefer in the making of the ice cream. The technology helped Ben & Jerry's track more than 12.500 consumer contacts in 2005. The information ranged from comments about the ingredients used in ice cream to queries about social causes supported by the company.

California Pizza Kitchen

California Pizza Kitchen (CPK) is a leading casual dining chain in the premium pizza segment with a recognized consumer brand and an established, loyal customer base. Founded in 1985. there are currently more than 130 full-service restaurants in more than 26 states, the District of Columbia, and five foreign countries.

Before implementing its BI tool, Cognos, CPK used spreadsheets to plan and track its financial statements and line items. The finance team had difficulty managing the volumes of data, complex calculations, and constant changes to the spreadsheets. It took several weeks of two people working full-time to obtain one version of the financial statements and future forecast. In addition, the team was limited by the software's inability to link cells and calculations across multiple spreadsheets, so updating other areas of corporate records became a time-consuming task. With Cognos, quarterly forecasting cycles have been reduced from eight days to two days. The finance team can now spend more time reviewing the results rather than collecting and entering the data.

Noodles & Company:

Noodles & Company has more than 70 restaurants throughout Colorado, Illinois, Maryland, Michigan, Minnesota, Texas, Utah, Virginia, and Wisconsin. The company recently purchased Cognos 61 tools to help implement reporting standards and communicate real-time operational information to field management throughout the United States.

Before implementing the first phase of the Cognos solution, IT and finance professionals spent days compiling report requests from numerous departments including sales and marketing, human resources, and real estate. Since completing phase one, operational Cognos reports are being accessed on a daily basis through the Noodles & Company website. This provides users with a single, 360-degree view of the business and consistent reporting throughout the enterprise.

Noodles & Company users benefit from the flexible query and reporting capabilities, allowing them to see pattems in the data to leverage new business opportunities. Cognos tools can pull information directly from a broad array of relational, operational, and other systems.

Explain how Ben & Jerry's is using business intelligence tools to remain successful and competitive in a saturated market.

Step by Step Solution

3.39 Rating (161 Votes )

There are 3 Steps involved in it

Step: 1

B J keeps a track of the elements components and life in a data storeroom If a customer ca... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Organization Theory and Design

Authors: Richard L. Daft

11th edition

1285401565, 1111221294, 9781285401560, 978-1111221294

More Books

Students explore these related General Management questions