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Business Analytics (BI)
We build analytical models and reports that give management clear insight into sales, costs, inventory and performance.
Service overview
Most companies have reports.
Few companies have analytics.
The difference is that the reports show what happened,
and analytics make it possible to understand why it happened and what to do next.
Business analytics means that data is organized into models that enable comparison, trends and decision making.
Why it matters
Without serious analytics:
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numbers are viewed in isolation,
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no context,
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problems are noticed late,
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and decisions are made based on feelings.
Good analytics enable:
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a clear overview of the business,
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performance measurement,
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problem identification,
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and monitoring the effect of decisions.
In other words:
analytics turns data into understanding.
Our approach
At BI, we don’t start with graphics, but with questions that management really has.
The process always includes:
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understanding of business objectives,
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defining key indicators (KPI),
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data modeling,
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and only then drafting the report.
Typical examples of analytics:
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Analysis of sales by periods and segments
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Cost and margin tracking
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Inventory control
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Operational KPI indicators
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Financial and management reports
How it looks in practice
01 — Defining the question
What does management really want to know?
02 — Data Modeling
We create a structure for the analysis.
03 — Report creation
We present data in a meaningful way.
04 — Validation
We check whether the numbers make business sense.
05 — Improvement
Analytics evolves along with the needs of the company.
The results that good analytics bring
When analytics are well set up:
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problems are seen earlier,
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decisions are based on facts,
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the trends are clear,
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communication in the company is better,
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management has control.
Analytics don’t provide answers —
it allows the right questions to be asked.
Other services
CoreLayer Solutions
We build systems that connect data, processes, and decisions in a real-world business environment.
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Information
Address
Bratstva i jedinstva 30, 14210 Ub
Phone
+381601349282
upiti@corelayersolutions.org