Discuss about the Business Intelligence and Data Warehousing System.
Business Intelligence (BI) is a discipline that comprises of a number of activities that are associated with the analysis of the data related to a particular organization. There are a number of different software and packages that come under BI such as data mining tools, data warehousing tools, online analytical processing and many more. BI Dashboard is the data visualization tool that takes data from multiple sources and brings forward the latest status of the metrics and the key performance indicators on the basis of the data. The document covers the details on the BI dashboard for Woolworths supermarket which is an online retail store.
Woolworths Supermarket is the online retail store that provides the users with the groceries along with the recipes as well. There are various products that are available on the online store that are categorized in numerous product categories such as fruit & veg, bakery, health food, pantry & international food, Easter, confectionary & snacks and many more. There are functionalities such as login, search, discovers, locate stores and purchase products provided to the users (Woolworths, 2017).
The BI dashboard for Woolworths is required to be created that would highlight the business threats and opportunities on the basis of the data associated with the organization. The following list describes the details on the audience of the dashboard that would be developed for the organization.
End User |
Type of BI User |
Responsibility |
Decision Making |
Business Owners |
Analysis and Monitoring |
The end user will be responsible of managing the overall organization and will have the responsibilities to make sure that the business continuity is maintained without the execution of any major risks and hazards |
The user shall make use of BI dashboard for making decisions associated with changes in the business approach and strategy |
Data Analysts |
Analysis and Monitoring |
The end user will be responsible for coming out with patterns and statistics from the data and information that is provided to them and to also come up with probable trends and preferences of the users |
The user shall make use of BI dashboard for decisions associated with data analysis, data trends and associated results |
Marketing Experts |
Monitoring and Prediction |
The end user will be responsible for understanding the market trends and for predicting and designing the market strategy that shall be followed by the organization |
The user shall make use of BI dashboard for decisions associated with market performance, market trends, market risks and the market strategy that shall be adopted |
Security Analysts |
Analysis and Reporting |
The end user will be responsible for understanding the security issues that may come up in front of the organization and shall report on the various countermeasures that shall be adopted to avoid the occurrences |
The user shall make use of BI dashboard for decisions associated with the probable security risks and their countermeasures |
Business Analysts |
Analysis, Monitoring and Prediction |
The end user shall be responsible for understanding and analysis of the business trends along with the monitoring of the performance in the market and in front of the customers. The prediction of the probable changes and the shift in terms of expectation will also be covered by the end user (Abdelfattah, 2013) |
The user shall make use of BI dashboard for decisions associated with business processes to be completed along with the required changes that shall be made in terms of the strategy and approach |
Woolworths is facing a number of threats in terms of the security threats such as information security attacks and risks along with various other threats in terms of change in the technology, change in the expectations of the users, performance in the market and presence of numerous competitors. It is necessary for the organization to have an account of all these threats and risks on a real-time basis (Nimmagadda and Dreher, 2011).
There are also various opportunities that are available with the organization in terms of performance and business continuity. The growth and expansion of the online retail stores is on an all time rise. Also, there are various unique services that are provided by the organization in terms of product categories, recipes and discount offers. All of these features have the potential to allow the organization to gain a competitive edge in the market.
BI dashboard will provide the business owners and the business units with the real-time information on the threats and opportunities associated with the organization as highlighted above. This information will be extremely useful in making decision on the security strategy to execute, marketing strategy to adapt, business processes that require change and likewise. All of these activities will allow the organization to offer better service quality and availability to the customers and will in turn also enable the organization to fulfill the customer expectations in a better way. The sales and profits along with the reputation in the market will also enhance with such practices (Jamalpur and Sharma, 2012).
There are a number of data sources that the organizations may use during the set-up and deployment of the BI dashboard for the organization.
The data that would be internally available with the organization will contribute immensely towards the requirements of data for setting up the dashboard. The internal data sources will include the organization database comprising of the user information, purchase history, order history, purchase preference and likewise. This information will contribute towards the understanding of the opportunities as well as the threats associated with the organization. Employees of the organization along with the business owners will also be the significant data sources that will contribute to the data and information required for the dashboard (AlHazme, Rana and De Lucca, 2014).
There are also a number of external data sources that will play an extremely significant role in collection of the data and information for the dashboard for Woolworths. Customers and the end users of the web site will be viable data sources as they will provide with the information on their expectations from the web site and the system qualities that they may look for. It will allow the better analysis of the threats and the opportunities associated with the organization. External stakeholders in the form of third parties and partners will also contribute to the required data as they will provide details on the common patterns, sales information and profit details. Market studies shall also be carried out in order to understand the details about the competitors along with the market preferences and performance. A detailed account of the security infrastructure and security risks will also be provided with the help of the BI dashboard (Gonzales, 2011).
There will be a number of challenges that will be associated with the implementation of the dashboard for the organization.
Implementation of the BI dashboard shall take place according to the phases and steps as mentioned in the BI lifecycle.
Conclusion
BI dashboard is a data visualization tool that is used for a variety of purposes. In case of Woolworths, the BI dashboard is required to be set up in order to highlight the threats and opportunities that are associated with the organization. There are various details and components that will be involved in the implementation process of the BI dashboard for the organization. The intended audience for the dashboard will include the business owner, data analysts, business analysts, security experts and marketing experts. There shall be use of internal and external data sources during the implementation process in order to have the required data collected. There might be certain challenges that may come up in the form of issues associated with data quality, data availability, end user satisfaction and likewise which shall be overcome with the use of a proper methodology.
References
Abdelfattah, M. (2013). A Comparison of Several Performance Dashboards Architectures. [online] Available at: https://file.scirp.org/Html/1-8701162_29589.htm [Accessed 30 Mar. 2017].
AlHazme, R., Rana, A. and De Lucca, M. (2014). Development and Implementation of a Clinical and Business Intelligence System for the Florida Health Data Warehouse. [online] Available at: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4221087/ [Accessed 30 Mar. 2017].
Churi, P. (2016). Model-view-controller pattern in BI dashboards: Designing best practices – IEEE Xplore Document. [online] Ieeexplore.ieee.org. Available at: https://ieeexplore.ieee.org/document/7724633/ [Accessed 30 Mar. 2017].
Few, S. (2006). Common Pitfalls in Dashboard Design. [online] Available at: https://www.perceptualedge.com/articles/Whitepapers/Common_Pitfalls.pdf [Accessed 30 Mar. 2017].
Gonzales, M. (2011). Diffusion of Business Intelligence and Data Warehousing: An Exploratory Investigation of Research and Practice – IEEE Xplore Document. [online] Ieeexplore.ieee.org. Available at: https://ieeexplore.ieee.org/document/5718885/ [Accessed 30 Mar. 2017].
Jamalpur, B. and Sharma, S. (2012). Data Mining and Business Intelligence Dashboards. [online] Available at: https://www.igi-global.com/article/data-mining-business-intelligence-dashboards/74349 [Accessed 30 Mar. 2017].
Kaur, K. (2013). Development of Intelligent Dashboards for Global Metrics Evaluation. [online] Available at: https://ijcttjournal.org/Volume4/issue-6/IJCTT-V4I6P142.pdf [Accessed 30 Mar. 2017].
Nimmagadda, S. and Dreher, H. (2011). Data warehousing and mining technologies for adaptability in turbulent resources business environments. International Journal of Business Intelligence and Data Mining, 6(2), p.113.
Woolworths, (2017). Woolworths Supermarket – Buy Groceries Online. [online] Woolworths Online. Available at: https://www.woolworths.com.au/ [Accessed 30 Mar. 2017]
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