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Business Intelligence solutions have been used for data and trend analysis to process and make informed, real-time decisions from unwieldy data volumes. BI methodologies also help develop powerful tools for DSS teams (Decision Support Systems) for critical functions like Inventory management, Finance and supply chain.
Though most of the BI tools are quite expensive and complex and are most aptly used for organizations with huge data repositories but recently few vendors have introduced packaged BI offerings which can be used by firms with lower data volumes and a smaller budget.
While looking for the perfect BI solution to support the supply chain function, it’s important that internal IT teams look for the following features:
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