With Business Intelligence, data from different disciplines come together. In this way you keep a grip on the entire project. With BI you see what could have been done better in the past, you check how things are going now and finally you see what the prediction of the current course is. From reporting, to analysis, to prediction. Our solution is optimized for each role within the company. So every department has the day-to-day insight needed to improve processes.
Power BI for Fashion
For companies in fashion, two worlds come together, retail and wholesale. Retail uses BI to gain insights into which products should be in which place at which time. You want to be able to make a store visit analysis to see how many visitors you have compared to how many sales you make. Or to analyze the performance of locations, staff or brands. You also want to compare the performance of different channels.
Wholesale uses BI to buy the right items. "The challenge is "Are we not buying too much or too little and in the right sizes and how do we ensure that the stock is in the most current place?
BIRDS for Power BI
Because for fashion it's often a matter of good margins vs loss, using BI is crucial. But before BI starts giving you the insights you need you need to have your ERP in order or link many different source systems to your BI solution.
We see many fashion companies that get stuck in BI projects and thus continue to work in a traditional way with Excel Spreadsheets and thus compile a forecast in an inaccurate and inefficient way, calculate the actuals vs budgets and also try to manage the cash flow that way.
This scenario is a thing of the past with BIRDS. BIRDS is an intelligent data platform that allows you to unlock data sources and seamlessly turn them into deep insights in Power BI. Get to know the BIRDS Data Platform or request a demo.