Is there one “Right” Strategy to Implement Business Intelligence?
Implementing a successful business intelligence strategy in the food and beverage industry is simple — just stick to a few key rules
This past week, I spent a considerable amount of time with some of our food and beverage supply chain clients who are in the early stages of implementing a Business Intelligence Strategy. What I learned was interesting and reminded me of an old Hungarian saying my mom used to use – “Ahány ház, annyi szokás.” Knowing that many of you probably don’t read Hungarian, in English this translates to “There are as many customs as there are houses.”
So what does this have to do with BI strategies you ask? Well it seems from all my conversations that “there are as many BI implementation strategies as there are companies.” That got me thinking, is there one “right” strategy to implement BI? I don’t really think so. Just as each household is unique, and has its own set of customs, so is each business.
Each business, has its own set of needs and challenges. For instance, one client faces pressure from a growing number of store types catering to specific consumer needs, such as supercenters, membership clubs, and convenience stores. Another is looking for opportunities to take advantage of the Consumer demand for more food options that meet a variety of needs, including health, taste and convenience, such as the “Gluten Free” fad. And yet another is trying to wrap its head around public policy and consumer sentiment is that is driving product traceability and fueling the demand for private label, organic foods and product freshness.
Because these challenges are so diverse, and for the most part these challenges are on top of all the other Business Intelligence work that a company has to do, each requires a unique BI implementation strategy. With that said, there are some commonalities that I think make life a little easier for everyone involved in rolling out a BI solution.
My advice: involve the end user; think big, but start small.