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Dynamic Warehousing for Retail Buyer's Guide

White Paper Published By: IBM

A comprehensive solution for leveraging data in today's retail environment. From customer data to product placement statistics, retail organizations are constantly juggling information. As the sheer amount of data continues to grow, it becomes increasingly difficult to manage. Not only does data come in many different forms—such as reports, memos and e-mails—but often it’s scattered across multiple repositories.



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ibm, ibm balanced warehouses, ibm master data management server, ibm omnifind, ibm industry data models, dynamic warehousing, retail buyer’s guide, leveraging data

IBM
Published:  Feb 02, 2009
Type:  White Paper
Length:  8 pages

Dynamic Warehousing for Retail Buyer's Guide
A comprehensive solution for leveraging data
in today's retail environmentFrom customer data to product placement statistics, retail Dynamic warehousing: A powerful solution organizations are constantly juggling information. As the sheer Dynamic warehousing is part of the next generation of amount of data continues to grow, it becomes increasingly technology that enables organizations to gain more business difficult to manage. Not only does data come in many different insight and deliver relevant information on demand. It provides forms-such as reports, memos and e-mails-but often a set of services that go beyond typical warehouse and it's scattered across multiple repositories. The result is that reporting tools to support a greater number of business employees typically don't have the information they need, processes and applications.when and how they need it. An effective solution can help retail organizations access and When employees can't easily find and retrieve data, it can be analyze existing data and ultimately boost sales in a highly difficult to make informed, relevant business decisions- competitive market. Whereas traditional data warehouses especially when there is no single version of the truth. Faced can make it difficult to keep up with today's fast-paced retail with these challenges, retail organizations must find new ways environments, dynamic warehousing delivers immediate, to improve business processes, compete more effectively in integrated information. With this information at their fingertips, the marketplace and drive innovation. So what's the answer? employees can take action and make timely decisions.It's simple: dynamic warehousing. The ideal dynamic warehousing solution can help:
. Leverage information in innovative ways to optimize business processes.. Deliver business insight both inside and outside the company, with a single version of the truth.. Improve productivity and boost sales by enabling employees and customers to retrieve information where and when they need it.. B uild better customer relationships and implement more effective marketing campaigns.. Speed time to value through real-time access to information.
2Choosing the right solution for your businessSince retail organizations need a reliable dynamic warehousing system that can support their business as it grows and changes, it's important to identify the necessary criteria when making a decision. After all, it's integral to select a system that can meet Regardless of the task-whether it's managing online stores, requirements while protecting an investment. And one that helps positioning products or managing customers across channels, find, analyze and use information to accomplish daily tasks. a dynamic warehousing system can help retail owners, managers and employees glean knowledge from both To help organizations make an informed decision, this buyer's structured and unstructured information and incorporate it guide provides checklists to evaluate vendors and their into their day-to-day duties.products. When searching for a system that best addresses specific needs, keep in mind the importance of a provider that When evaluating dynamic warehousing Other has the expertise of data management, and can support the IBMsolutions, look for one that offers: vendorfull breadth of a dynamic warehouse solution. Search and text analytics capabilities so knowledge can be extracted from Maximize innovation through better data management 3unstructured dataRetail managers who have more control over their data have a distinct advantage over competitors; they're in a better Support for real-time access to position to see the "big picture" and can use information to aggregated, cleansed information 3make timely decisions during the workday. Since information is a catalyst for business innovation, a dynamic warehousing Process management capabilities system can help managers analyze data to pinpoint trends that leverage analytics for improved 3and predict future successes. For example, retailers can decision-makingreport on store sales to discover which locations are under- A high-performance, scalable system performing, or can examine customer purchasing habits to that can support operational needs 3help improve merchandizing and better manage inventory.
3Help improve customer relationships The retail ... [download for more]

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