The Warehouse Group

Introduction Business Intelligence (BI), a vital tool for building competitive advantage, aids organizations in learning and the creation of knowledge. Examples of predicative modeling employed by BI include regression and neural networks. As with any process, BI has negatives as well as positives. Some positives of BI include enhanced efficiency, a more focused customer value proposition, and the creation of value from an organization’s data, which otherwise would be a cost center. Examples of…

A data warehouse is a big store of data which basically serves as an entity for collecting and storing integrated sets of data from different sources and eras of time period. As per Bill Inmon, father of data warehousing, a data warehouse is a subject-oriented, integrated, time-variant and non-volatile collection of data in support of management 's decision making process. Basically, data warehousing is focused in query and analysis of data. It acts as storage of different kinds of historical…

Costco is an international lucrative wholesale corporation, and is a membership only, warehouse club that sell everything. The warehouses are pioneered to help small to medium sized business, to buy reduced priced items and resale them for everyday businesses. Individual members can also buy selective items and even buy them in bulk to suit their personal needs. Costco 's business model is called a subscription that means customers who want to shop at the store need to subscribe as a member to…

New technology and software development have provided top level management with a wide variety of decision making aids. One such tool, classified as decisions support systems (DSS) is a “specific class of computerized information system that supports business and organizational decision-making activities” (Marin, 2008, p. 513). DSS has become a multifaceted term that belongs to an enormous environment with multidisciplinary foundations, including database research, artificial intelligence, human…

A traditional traffic model for circuit switched data as well as packet data is the Poisson process in which the number of incoming packets per time is according to Poisson distribution. It is one of the most widely used and oldest traffic models. In this model the length of each packet is based on exponential distribution and the number of simultaneously ongoing packets is according to Erlang distribution [16]. The Poisson process is characterized as a renewal process. In a Poisson process the…

Enterprise Systems are large scale, integrated application software packages that use the computational, data storage, and data transmission power of modern information technology to support business processes, information flows, reporting, and data analytics within and between complex organizations (Williams and Duff, 2002). Operational excellence is the quest to reliably meet and exceed customer expectations with cost effective and efficient operations. It is the pursuit of conducting…

IBM Maximo Name Institution Affiliations IBM Maximo 1. IBM Maximo and its Uses IBM Maximo is an intelligent asset management tool developed by IBM (“IBM Maximo,” 2018). It can also be defined as a framework for translating real-time visibility into asset usage (Gorczynski, 2012). It is commonly used to defer new purchases, enhance return on assets, and extend the longevity of tangible assets. The tool has been used across multiple sites to increase operational efficiency and minimize…

A Data Warehouse is a centrally placed storage for data collected from within and outside the organisation. The collected information is organised around key business objectives, and it is utilised during analysis and reporting. It is simply a central database with the sole purpose of analysis and reporting. On the other hand, a Data Mart is much smaller than a Data Warehouse and is applied in a functional area like say finance, where the enterprise adjudges that it would profit from business…

information from transaction information; however it can incorporate information from different sources. The key benefit of data warehouses is that you can develop business understanding. Utilising the clean information as a part of the warehouse can help businesses discover patterns and see relationships between information. Workers can also get to the information warehouse and be guaranteed that the information they use for reports is exact. In conclusion, poor quality data can impact…

maximizing the organization’s profit, (v) picking mixes of raw materials in feed mills to produce finished feed combinations while remaining cost effective, (vi) determining the distribution system that will minimize shipping cost from multiple warehouses to various distributors, (vii) developing a production schedule that will meet future demands for an organization’s product while simultaneously minimizing production and inventory costs, and (viii) allocating space for a tenants in a new…