Business IntelligenceJustification1.1. Generalbusiness environment Cloths Are Ready is a real time company who providesdifferent cloths to its customers like baby cloths, Men Cloths, Women Clothsetc.
- Thesis Statement
- Structure and Outline
- Voice and Grammar
Company stocks a large number of Cloths for Customers. Vendors came intothe company and purchase different types of cloths for their shops .Company aremaking thousands of products continuously. 1.2.
Defineat least 6 problemsCompany facing these problems1. The company wanted totry and change the products to help attract new customers.2. They want to determinewhich items are helpful for company. 3. Which items aren’tsuccessful for company?4. Which items are morevaluable for that particular session?5. On which items to announce the sale atend of the year?6.
Whichcolors are more attractive?1.3. Typical ResponseIn general when any system analyst and architectidentify problems then it’s very difficult to convince to adopt these systems.Normally they say that we are doing fine work and satisfy our work. Sometimescompany employees also don’t want to get new training. Engineers try toconvince the company owners to adopt the system to increase their income.System will generate a comprehended report of all products and easy todetermine that which products are more suitable for the company and which arenor? The company produces only those products which are more suitable for thecompany. 1.
4. Quantitativeand Qualitative Impact of OrganizationOn the bases of 6 problems the decision makersdecide how to solve these problems? If the Company resolves these problems thenthey increase their reputation and earning. If they company knows about whichproduct is more suitable for then they produced more products and attract newcustomers and increase their net budget.
Similarly If they company knows aboutwhich product is not suitable for the company they stopped their production. 1.5. Decisionsupport We are using a Decision Support System (DSS) tosolve these problems. A Decision SupportSystem help for · Speedy computations· Improved communication and collaboration· Increased productivity of group members· Improved data managementIn the above mentioned problems DSS help to overcomethese problems.
System generates a complete report to shows that which productis more suitable for company and which are not? Similarly indicate that whichcolor products increase the more budget etc. DSS helps to company members to communicatewith each other to solve a conflict and problem. Company also increases theirposition in the market. 2.
Business Performance PlanThe purpose of this businessplan is to raise $10, 0000 for the development of Cloths Are Ready with a focus on performance enhancing serviceswhile showcasing the expected financials and operations over the next threeyears. Cloths Are Ready that willprovide performance enhancing their services and sales their products to customersin its targeted market.2.1. Products andServicesCloths are ready providing a Readymade Cloths for its customers.
Companyprovides their cloths at the shop, and also provides online cloths to increasetheir services and customers as well as budget to achieve their target goal. Peoplecan get their cloths from shops and can also do online shopping. Organizations want to gets more customers and get more revenue.So they need publish their brands in local markets as well as internationalmarket. So the organization also needs to hire the digital media specialist topromote their products on local and international markets. 3. Business PerformanceMethodologiesBusiness Performance Management(BPM) or Corporate Performance Management (CPM) is a term that is used todescribe the methodologies, processes or workflows, metrics and systems that anorganization uses to manage and optimize business performance.
BusinessPerformance Management also refers to robust software applications that enablethe data collection, reporting and execution of the components of businessperformance management.A variety ofmethodologies are available for process improvement. These include· SixSigma· LeanManagement· LeanSix Sigma· AgileManagement· Re-engineering· TotalQualityManagement· Just-In-Time· Kaizen · HoshinPlanning· Poka-Yoka· Designof Experiments· ProcessExcellence. 4. Data Classification andVisualization AssessmentData classification means of organizing data into different categories to use moreaccurately.
When he data is classified then it’s easy to use and easy to findthe required data. We also need to classify data according to classificationrules. When data is classified then generate a schema etc. We suggested the Cloths AreReady Company to classifytheir data according to their different brands such men cloths, baby’s cloths,women cloths etc.
Our suggested system will generate a report and send to owner of thecompany to visualize products performance. The report also shows that totalnumber of product is available and how many sold till now. This helps thecompany to determine which products getting more revenue.
Company wants toincrease their revenue and wants to get remarkable position in the market.Company needs to hire more persons to promote their products on local andinternational market. When peoples know about the company products then attractwith company products. 5. Data-Mining Methods and ProcessesData mining means of discoveringknowledge, insights and patterns in data. Data mining means getting the result.It is the act of extracting useful patterns from an organized collection ofdata. Data mining is a multidisciplinary field that borrows techniques from avariety of fields.
It utilizes the knowledge of data quality and dataorganizing from the databases area.Data Mining Methods Supervised Learning Classification Machine Learning Method Decision Tress Artificial Neural Networks Statistical Method Regression Supervised Learning Classification Machine Learning Method Cluster Analysis Association Rule Mining 5.1. Data-MiningProcesses· Gatheringand Selecting Data· DataCleansing and Preparation· Outputsof Data Mining· EvaluatingData Mining Results 6. Business Performance Plan6.
1. BusinessPerformance Management (BPM) Processes6.1.1. Strategize Strategy means where do we want to go?Organizations set their goal and willing to achieve its. Higher management sitsand set their realistic goals.
Current case study organization wants to getsmore customers and get more revenue. 6.1.2. PlanWhen the goals set then plan how to achieve thatgoals. In plans we decide how do we get there? Plan each and every aspects for how many timeis required to achieve this goal and what are the risk factors involved? What are the estimated cost required toachieve this goal and how many time is required to get their desires goals?Organization set their plan according to these constraints. Organizations wantto gets more customers and get more revenue. So they need more publish theirbrands in local markets as well as international market.
They do offer a Saleevery 3 months to attract more peoples. 6.1.3. MonitorIn monitoring process we are determininghow are we doing? In Monitor process we determine that our work is according toour plan or not? When one milestone is achieved then compare it from our plan.
We also required a quality of work so need to compare from different standardas well. Any conflict and problem has been occurred then revolved it on time.Organizations want to gets more customers and get more revenue.
So they needmore publish their brands in local markets as well as international market. So theorganization checks that plan meet the required goal. Team is working accordingto plan or not etc. 6.1.4.
Act& adjustMost of strategies depend on newprojects· Developing new products· Attract new markets· Attract new customers 6.2. Strategic planning6.2.1. Current situation analysisCloths Are Ready is a real time company who providesdifferent cloths to its customers like baby cloths, Men Cloths, Women Clothsetc. Company stocks a large number of Cloths for Customers. Vendors came intothe company and purchase different types of cloths for their shops .
Company aremaking thousands of products continuously. Company current revenue is $50,000and wants to increase their customers and revenue. 6.2.2.
Planning HorizonIn the planning horizon period covered by aparticular plan or a firm planning cycle. The organization wants to achievetheir goals within 2.5 years but they also gives 6 months extra for uncertainconditions like political conditions, earthquake, etc.6.2.3.
Environmental scanIn Environmental scan shows the SWOT (strengths,weaknesses, opportunities, and threats) assessment. Current organization hashard worker employees and good plan to achieve their goals. Organization havemost of the employees is not well experienced persons this is the weak point ofthe organization. The Organization has the opportunity to promote theirbusiness on local and international markets. The Organization has a little threatabout the senior’s employees when they leave and find the replacement for it. 6.2.
4. Critical success factorsOrganization critical success factors are theemployees are very energetic, enthusiast and competed with their work. Theywant to higher the organization with top ranked. They also know that they needmore hard work to achieve this goal but they are very confidence and energetic.6.2.5. Gap analysisWhen any conflict and problem has beenraised then call a meeting to resolve this problem.
This is very good andprofessional way to solve a problem but they do call their meetings throughmanually and not maintained any record in document form. They need a goodtechnology app to maintain their meetings record. 6.2.6. Strategic visionOrganizations set their goal and willingto achieve its. Higher management sits and set their realistic goals. Currentcase study organization wants to gets more customers and get more revenue.
Theyalso want to achieve higher ranked and remarkable position in the market.6.2.7. Business strategyThe strategy is internally consistent.The organizational culture is aligned with the strategy. The Organizations wantto gets more customers and get more revenue. So they need more publish theirbrands in local markets as well as international market.
They do offer a Saleevery 3 months to attract more peoples. The organization need to hire a personwho promotes their products in local and international market position likedigital market.6.2.8. Strategic objectives andgoals6.
2.8.1. Strategic objectiveThe organization wants to get more customers,revenue and remarkable position in the market.
To get revenue and customers sothey promote their products and hire the media experts to promote theirproducts on internet and also hire some local persons to promote theirproducts. They also offers sale and special discounts offers for theircustomers. They also need to monitor the work and verify their work w.r.
t plan.184.108.40.206. Strategic goalCloths Are Ready is a real time company who provides different clothsto its customers like baby cloths, Men Cloths, Women Cloths etc.
Company stocksa large number of Cloths for Customers. The companywants to gets more customers and get more revenue. So they need more publishtheir brands in local markets as well as international market. The need to hire the media experts to promote their productson internet and also hire some local persons to promote their products Figure 2: Sample Strategy Map