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Consumer demands can be satisfied efficiently. BI can be used to analyse the consumer behavior pattern and predict future behavior patterns in order to increase operations efficiency by improving flight management and improve sales revenue.
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BI will provide intelligent reports to optimize the whole operations of the enterprise. Distribution and Logistics: BI will enhance communication with business partners which will lead to efficient and coordinated operations.In short Business Intelligence has enterprise wide applications in all departments. Automobile: BI can help in optimization of production, research, HR, distribution, marketing and finance functions by providing effective decision making tools.Standardization will ease the load of transaction recording and multiple source reports. Optimization of manufacturing processes and procurement functions will lead to better relationship with suppliers. FMCG: BI will provide predictive analysis to forecast demand and understand consumer behavior.It will help in management of large amount of data. It can also help in knowledge management or learning management. It will also help the banks in deducing performance metrics and benchmarks in order to measure the business performance. This will help them in planning their marketing strategies. Banking: BI will help the banks and financial institutions in identifying the customer base.It will also help in enhancing relationship with suppliers.
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It will also help the companies to better understand the consumer behavior in order to direct their marketing campaigns. This will help in optimizing the size of inventory in order to meet the customer demands.