Green Intelligence for your Value Chain
Green initiatives provide opportunities for return on investment, according to Infosys’ experts. In an article in Retailspeak, they discuss how business intelligence can help achieve sustainability and protect the environment:
Data analysis
Consumer goods companies can use business intelligence to analyze vast amount of data from shipment, point of sale and syndicated sources for optimizing operations. Using the right quantity of raw materials, labor and equipment reduces waste and energy consumption leading to lower costs and a smaller carbon footprint.
Best practices in distribution
Business intelligence and analytics can significantly reduce lead time and transportation costs within the hub and spoke distribution system. The analysis of multiple variables can determine best practices based on vendor schedules, store orders and upcoming promotions.
Inventory management
Gaining accurate visibility into in-store inventory helps manufacturing and distribution reduce waste, cost and minimize the carbon footprint. Retailers can use business intelligence to analyze issues in forecasting and prevent future exceptions.
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Published with permission of Retailspeak
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