A Study of Decision Support System (With reference to Indian Retail Industry)
Journal Title: International Journal of Advanced Research in Computer Engineering & Technology(IJARCET) - Year 2013, Vol 2, Issue 2
Abstract
The retail sector was one of the first sectors to make significant investments in collecting and integrating customer data in data warehouses. Retailers have generally earned a significant return on their IT system investments by using business intelligence systems to analyze the data to improve business performance with a focus on reducing operating costs, without sacrificing the customer experience. The levers that a retailer can use to optimize performance include: price, promotion, markdown, assortment, space, allocation and replenishment. Data-driven decision making is the key to successful decisions regarding all of these levers. This research paper describes the business intelligence (decision support solutions) in retail industry. The main aim of the paper is to analyze the advantages of business intelligence in retail industry and business intelligence solutions for the retail industry.
Authors and Affiliations
Mr. Pankaj Meel , Dr. Mini Amit Arrawatia
Keywords
Related Articles
- EP ID EP151725
- DOI -
- Views 84
- Downloads 0
Price Adjustment for Double Auction Based Scheduling in Grid Environment
t— In Grid computing the resources are decentralized and dynamic in nature, managing the resources in such environment is a challenging task. Auction based scheduling is more attractive from the point of view of bu...
Survey on Effective Software Effort Estimation Techniques
Software effort estimation is a very important task in the software engineering field. In this paper gives the overview about the software effort estimation techniques. The techniques are expert estimation, paramet...
Introduction to image restoration and comparison of various methods of image restoration
In past two decades there are various techniques are developed to support variety of image processing applications. The applications of image processing include medical, satellite, space, transmission and storage,...
Multispectral Palm Image Fusion: A Critical Review
Hand biometrics, including fingerprint, palmprint, hand geometry and hand vein pattern, have obtained extensive attention in recent years. Physiologically, skin is a complex multi-layered tissue consisting of vario...
SOFTWARE MODULE CLUSTERING USING SINGLE AND MULTI-OBJECTIVE APPROACHES
Most of the interesting software systems are very large and complex which is difficult to understand their structure. Complexity occurs due to having entities that depend on each other in intricate ways in source cod...