1. If I were to design Ben & Jerry's data warehouse I would use several dimensions of information. The first dimension would consist of the company's products; ice cream, frozen yogurt or merchandise. The marketing department has to know which products are selling, if Ben & Jerry's didn't know that their T-shirts are selling out as soon as they hit the stores, then they wouldn't be able to take advantage of the opportunity to sell the shirts. The second dimension would consist of the different areas of sales; US, Canada, Mexico, or Europe. I am not sure if they sell their ice cream in Mexico, but with data collection they can find out if their ice cream would be a better seller in the hot climate, rather than pushing for greater …show more content…
Comments sounds like a useless bit of information, but I think it could be one of the most useful. When it comes to a decline in ice cream sales a comment query could tell managers exactly what flavor people really want. In the case Ben & Jerry's received a large number of complaints that it's Cherry Garcia ice cream didn't have enough cherries in it. Using the business intelligence with Business Objects helped them discover a problem with their packaging, and solve the problem.
3. What is the question that any business should be asking itself? How do we cut costs? Using business intelligence, Ben & Jerry's can look at how they can cut costs. From a financial perspective we could run a query to see what it costs to make the top 5 selling flavors, once you know which flavors are the best sellers, would it make any sense to make a flavor that is ranked number 10 and costs more to make than the number 3 flavor, I don't think so. We could argue that, as long as there is profit, it is worth making, but for cost cutting sake this would be one way the company could find a quick way to cut
Trader Joe’s has internally created a brand for its company using a different strategy as compared to other supermarkets. Its approach of effective relationship-building program pleases customers through unrivaled customer service. This case study presents many factors that play a part in their customer relations strategy. Trader Joe’s does not focus on advertising. Rather, it focuses on effective internal communications with employees to build strong customer relationships. Trader Joe’s takes a progressive approach to internal communications by allowing their employees to bring their own creativity to the workplace, by providing them with the context in which their role contributes to the business success, and asking for employees
Foods Fantastic Company is a public company which mainly operating regional grocery store in Maryland. This Company relies on application programs, such as bar-code scanner, to entre sales to the system. The FFC majority depends on the computer system to run their business. Based on this situation, the Information General Controls review is necessary for this company as the reason that ITGC is the foundation of every categories of the internal control.
A data warehouse is a large databased organized for reporting. It preserves history, integrates data from multiple sources, and is typically not updated in real time. The key components of data warehousing is the ability to access data of the operational systems, data staging area, data presentation area, and data access tools (HIMSS, 2009). The goal of the data warehouse platform is to improve the decision-making for clinical, financial, and operational purposes.
Gathering requirements from end users was an important step in resolving the issues that currently exist at Canadian Tire. “Gathering requirements for a data warehouse is not the same as defining the requirements for an operational system” (Ponniah, pg. 121). When you research and then develop any system, it is critical that the system produces exactly what the users need to perform their specific tasks. CTC did not have this production for their end users. These users typically do not understand the big picture workings of a data warehousing process. Therefore, the help of a business analyst is critical. From the results provided in the case study, we can agree that these requirements must be addressed:
(Assume that the amount of debt issued to reach the target debt-to-capital ratio is going to be maintained forever. Use the tax rates assumed in the attached Excel file).
1. What can the historical income statements (case Exhibit 1) and balance sheets (case Exhibit 2) tell you about the financial health and current condition of Krispy Kreme Doughnuts, Inc.?
Critically evaluate the mission, vision and values of a company that you are familiar with and propose alternative formulations of same
The whole process throughput time of making a dozen of cookies is 26 minutes. It takes washing, mixing and spooning 8 minutes to make a dozen of cookies. And preparation and bake time totally are 10 minutes. The final step of cooling, packing and accepting payment of cookies takes roommate 8 minutes to finish the cycle. Assume the night capacity is 4 hours, so Kristen and roommate have 240 minutes operating time. Since the oven only holds one tray, the second dozen takes an additional 10 minutes to bake. For example, first dozen of cookies take 26 minutes to make, second dozen of cookies take 36 minutes to make and third dozen of cookies take 46 minutes to make. So we can
The Papa John’s case provides a classic example of a company that entered a highly saturated and mature market and was able to enjoy immense growth and success due to its creative product differentiation strategy. The company’s motto has been consistent from the day the first restaurant was opened: Superior ingredients and a superior product from its competitors. John Schnatter took the basic concept of product differentiation and positioning to new heights as he created a strong global brand, which had an unprecedented track record of success and customer loyalty over its competitor’s pizza products.
Ben and Jerry’s, founded in 1978, is a market leading distributor of super-premium ice creams, frozen yogurts, and sorbets, and has built a reputation on being a socially minded company. They were pioneers in the policy of “caring capitalism” and place heavy importance on the concept of social responsibility, a practice which many companies have since adopted. They have enjoyed long-term success as a result of their progressive methods of doing business and novel ideology regarding how a company should be ran. However, due to increased competitive pressure and declining financial performance, they have now been confronted by the threat of a takeover. Recently four
I met up with Mao Yang and her Assistant Manager Arnold. This time I asked about the safety aspects and how employees are trained. I also spoke with serval employees about how they felt about the safety of the store.
The data warehouse comes ready for use, but an organization has to get prepared to use it. The main factor is data warehouse usage. A data warehouse can be used for decision making for management staff.
(1) What marketing orientation or approach does Office Depot appear to be using now? How does Office Depot create value for its customers? Describe two things it could do it move it more toward implementing the marketing concept.
Data warehouse are multiple databases that work together. In other words, data warehouse integrates data from other databases. This will provide a better understanding to the data. Its primary goal is not to just store data, but to enhance the business, in this case, higher education institute, a means to make decisions that can influence their success. This is accomplished, by the data warehouse providing architecture and tools which organizes and understands the
Manny Flavors Cookie Company (MFCC) is a reputable family owned business that has been in operations since 1889. Now in its fourth generation of ownership, MFCC’s sales have flourished and it is important that the business continue to grow to its fullest potential. Despite the success of the company, MFCC is currently experiencing problems on the operating floor. Willie Keepum, Vice President of Operations at the company, wishes to terminate all of the employees because he believes that many of the employees have a negative attitude and have become complacent about the quality of the product. Disregarding the opinions of the mid-level managers, he believes that firing the employees will show the workers who is in charge because there is nothing anyone can do to make the employees motivated to work. The current paper will explain the problems that MFCC face and how these problems may affect the company in its future business endeavors. Then, there will be an explanation of how a change in leadership style can benefit the organization more than terminating any employees. Lastly, alternative solutions will be stated to resolve the problems faced by workers and leaders on the operating floor of MFCC.