business intelligence solutions at pineapple

8/7/2019 Business Intelligence Solutions at Pineapple

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Visit us at www.pineapple.co.in Email:[email protected]

Table of Contents

What is Business Intelligence? ........................................................................................ 2

Why Business Intelligence Solution? ............................................................................... 4

How to Use Business Intelligence Tools? ...................................................................... 10Conclusion .................................................................................................................... 13

About Pineapple Innovative Solutions ........................................................................... 14

Contact Us .................................................................................................................... 14
http://www.pineapple.co.in/http://www.pineapple.co.in/http://www.pineapple.co.in/mailto:[email protected]:[email protected]:[email protected]:[email protected]://www.pineapple.co.in/


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What is Business Intelligence?

Business Intelligence (BI) is defined as a set of technological tools that turn the corporate data into theinformation which can be used to support any strategic decision or finding out where the company isheading in terms of business & customers.

In todays world, the Business Intelligence refers to a set of technological tools which will -

Capture Data Standardize Data Store the data in an efficient format Process the data Display the same in an easy to understand & coherent manner Allows the management to take informed decisions.

The data can be displayed through mediums like dashboards, reporting tools, analysis tools & custommade reports. It informs the managers about the complete state of business & helps in predicting thefuture hence also works as decision support system (DSS).

Business Intelligence tools give the full knowledge about ones strengths & weaknesses. It also helpsin finding out the strengths & weaknesses of the competitors. Lack of either one of this may result insignificant losses to the company. The business intelligence solutions help in taking the decisions withcomplete confidence & accuracy.

For example, consider there is one Mr. Ashish who runs his manufacturing company. He has been intothis business for last 20 years. He is currently in a growth phase where the market around him is

growing at constant speed. Ashish also wants to make the most of the current opportunities & grow hiscompany 4 folds in 10 years time. He has all his data recorded in a place. He has to deal with twopeculiar cases

He is incurring losses since many a times, he does not have orders & he has to pay for labor,raw material, electricity, storage facilities & many such charges

In other cases, he suddenly gets many orders at once & he has to scramble for labor, rawmaterial & transportation. He pays almost twice the normal charges for these last minutearrangements

This situation is repeating itself year on year. He really does not know what is happening & how tocontrol it. He is afraid of making new investments since he does not how fruitful they will be & does

not have much cash to waste on useless projects. He is really frustrated & really needs help.


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What can he do now? Lets read further


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Why Business Intelligence Solution?

The business intelligence tools help in running the business in an optimal way. These tools makelife much easier for the managers. The business intelligence solutions help in running the daily

activities, taking short term decisions & making sure that long term decisions really yield fruits.Depending on the nature of the problem, the business intelligence tools can be used as Strategic BIfor long term, Tactical BI for short to midterm & Operational BI for daily activities.

The various types of BI tools & their usages are shown as below

Strategic BI Tactical BI Operational BI

Objective

Increase Market Share Increase Total Revenue Increase Customer Base Take Strategic Decisions

Launch a Product Launch a Campaign Review the Pricing Increase Profitability

Offer Bulk Booking Discounts Monitor Payment Schedules Monitor Inventory Monitor Sales Volumes

BI Needs

Market Share Analysis Revenue Analysis Customer Analysis Long Term Planning Trend Analysis

Market Analysis Price Analysis Competition Analysis Cost Analysis

Real Time Sales Analysis Inventory Movement Analysis Transport Analysis Fraud Detection Customer Analysis

Period

Years Months

Weeks Months

Day Hours Week

Users

CEO Board of Directors Strategic Partners

Top Level Management Middle Level Management

Line Manager Supervisor Operations Manager

A set of business intelligence tools can assist in following things

In analyzing the data from hourly basis to yearly basis Find out the hidden patterns & trends from the data

Planning the daily activities in advance with more efficiency & cost effectiveness

Assist in doing fraud analysis.Business intelligence tools will help in doing the customer analysis. The analysis will lead tointeresting discoveries like

What the customer generally purchases What is his purchase frequency What is his total purchase in terms of dollars What is the time when he purchases the most


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Has the trend in purchasing of the customer changed overtime? How much profit the customer is bringing into the company Is the business growing with the customer or reducing How much cost is incurred in serving every order for the customer & many such things

This information can then be used to design the marketing campaigns targeting every single customer.The campaigns can mean offering the product bundles to the customer depending on his purchasehabits, increasing / decreasing the discounts offered to the customer, plan in advance for the predictedcustomer orders and be ready in advance for the change in customer orders / product choices. It is agolden rule of customer management which states that top 20% of your customers yield 170%profits for you, next 60% breakeven or yield minor profits while the last 20% yield the 70% losses.Hence it is wise to focus on the top 80% & encourage the elimination of the bottom 20%. The BI toolswill be very efficient in finding out these sets of customers.

The business intelligence tools will also help in monitoring the important parameters like

Worker productivity Inventory productivity Transport network productivity

The worker productivity will tell out of total 100% worker availability, how much is actually utilized.It also shows the salaries needed to be paid to workers in various seasons. The prior information willhelp in establishing long term contracts with few key workers & hire the temporary workers as &when needed. The gains out of this whole process are very significant.

The inventory management modules can effectively monitor the inventory & its usage patterns. It is aone shot answer for two daily situations faced by companies as mentioned below

Situation 1

Non-expected New Orders

No Stock since activity was not planned

Loss of Cusotmers, Higher costs leading to lower profits,

Loss of reputation, Win for competitor


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Situation 2

The inventory management will significantly reduce these losses.

The transport network analysis will help in finding out the efficiency of the transport network. Thetransport network necessarily transports the goods to customers & brings the materials into thecompany. Many a times, these services are hired & not owned. The analysis can show

The load factors of the trucks / tempos used How much material each vehicle carried How much was the cost paid every season How much more could have been loaded on every vehicle How much time the vehicles stayed idle in the company compound

This data can better equip the management to book the vehicles in advance & gain the profits throughadvance booking & reduce the total number of vehicles used along with virtually eliminating thevehicles standing idle. These gains can boost the overall profitability of the product.

All these gains can then be used to increase the profitability & reduce the cost of the product resultinginto gaining more customers, market share & overall rapid growth of the company.

So now lets look at what Mr. Ashish can do with the business analysis tools.

No orders in a period

Stock, machines & workers remaining Idle

Losses due to wear & tear, salaries, wearhouse charges,

transport contracts, theft etc


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Mr. Ashish has two products P1 & P2. The total flow of costs & profits for the products for theproducts are as follows

P1 P2

Sales Price = $ 100 Sales Price = $200

Raw Materials

Cost = $40

Raw Materials

Cost = $120

Labor Cost = $20 Labor Cost = $30

Storage Cost = $10 Storage Cost = $10

Other Costs = $5 Other Costs = $10

Total Profit = $15 Total Profit = $10

Transport Cost =$10 Transport Cost =$20


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Now Mr. Ashish uses the BI tools to analyze every process & finds saving opportunitiesas follows

20% Savings 25% Savings




P1 P2

Sales Price = $ 100 Sales Price = $200

Raw MaterialsCost = $32

Raw MaterialsCost = $90

Labor Cost = $17 Labor Cost = $24

Storage Cost = $8 Storage Cost = $8

Other Costs = $5 Other Costs = $10

Total Profit = $30 Total Profit = $52

Transport Cost =$8

Transport Cost =$16


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How to Use Business Intelligence Tools?

The next worry of the businessmen is How do I use these tools? This has been made very easy withthe modern business intelligence tools. The modern day business tools work on click to get result

methodology. What it takes to get useful information is few clicks in an easy to use software interface& Bingo!!! The information flow starts. Modification of few parameters & another set of reports canflow out of the system. What all it takes to run these tools is basic computer knowledge & an easy touse computer interface designed by a competent business intelligence company.

Lets look at what Mr. Ashish does to use his BI tools. He wants to view the inventory turnover &usage reports. He opens the software interface & enters the number of months for which he needs thedata. He clicks Generate & within few seconds, Mr. Ashish is presented by inventory turnoverreport.


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Now he wants the amount of money spent on each activity for products Silicon, Solar etc. All he doesis, opens the software interface, selects the products & clicks Generate Cost Report. The detailedcost report is in front of Mr. Ashish.

Next he wants to know the total down cycle time by regions. He opens the software interface & selectsthe regions. He clicks on Generate Downtime Report. He is again presented with a report in fewseconds.


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Last but not the least; he wants a holistic view of all his products, costs & their progress.He clicks on Management Dashboard & gets to see all the products with colorssignifying the progress. Red meaning a negative progress, Green meaning excellentprogress & so on.


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Conclusion

The Business Intelligence tools will certainly help in running the business in an optimized way bymaking sure that it performs following functions

Bring the whole organization on an unified platform Standardize the total set of processes Get rid of all extra costs which do not add to the profitability Focus on your core competency Make the decisions based on your own progress & industry trends Be able to predict the future Adhere to all the quality control processes Be able to find out the exact source in case of faults Be able to reduce the cost on constant basis Increase the overall profitability year on year Increase the total market share beating the competitors Build strategic relationship with the customers Build a strong brand name Increase the on time delivery & other measurable factors Accurate & timely decision making Lower time to market for the products Significant increase in customer satisfaction Reduce the total turnaround time in case of orders / requests Higher client base & constant addition in number of profitable clients


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About Pineapple Innovative Solutions

Pineapple Innovative Solutions, a group company of Pineapple Group has a clear vision of becoming astrategic client partner in offering various custom solutions best suited for client needs. We have major

technical strength in the fields of Business Intelligence (BI), Knowledge Management (KM) & CustomApplication Development (CAD).

Pineapple leadership team is composed of domain experts with over 20 years of experience in fields ofAuto, Aero, Education, Supply Chain, Learning and Logistics.

Our value proposition mainly focuses on

Deep domain expertise Reliable service delivery Technological excellence for effective decision support Help realize Return On Investment on total IT investments Attractive pricing & lower Total Cost of Ownership Strategic partnership with customers Strong customer service brand

Contact Us

For more information, visit us atwww.Pineapple.co.in.

You can also mail us at [email protected]

Call us at - +91-9962416488, +91-9049008986

business intelligence solutions at pineapple

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