Specializing in business intelligence for small businesses

Assignment Help Operation Management
Reference no: EM132128718

Kelly Sanders owns Verve, a high fashion boutique retailing in exclusive clothes, jewelry, and other accessories. Verve also sells a select range of bags and shoes. Kelly had to work very hard to find a niche among its elite clients. Earlier, she used to have a personal rapport with each client, knew their taste, their shopping history at Verve, and so on. However, the clientele of Verve has grown so large that Kelly is finding it difficult to keep track of her customers. Kelly is concerned that this may negatively affect her business.

You are a consultant specializing in business intelligence for small businesses. Kelly has approached you with her problem. She mentions that she has all sorts of data in her sales database, but she doesn’t know how to get out the information that she needs.

In an essay, explain how Kelly could use RFM and OLAP to make Verve more successful.

Reference no: EM132128718

Questions Cloud

Calculate the worth of the investment : If his opportunity cost rate is 8 percent compounded annually, how much will his investment be worth after the last annuity payment is made?
Develop a product service idea : After reviewing the assigned reading materials, complete the following activities: Discuss the potential customers for this product/service.
Systems development life cycle is the traditional process : The systems development life cycle (SDLC) is the traditional process used to develop information systems and applications.
What do you know about the market efficiency : If this is true, what do you know about the market's efficiency? Is it Strong, Semi-Strong or Weak form of efficient? EXPLAIN in detail
Specializing in business intelligence for small businesses : You are a consultant specializing in business intelligence for small businesses. Kelly has approached you with her problem.
Support sharing of content among networks of users : Social media is the use of information technology to support the sharing of content among networks of users.
What steps might you take to gain the cooperation : Hypothetically speaking, you are assigned to a committee of three to decide on a dress code for Campbellsville University Staff and Faculty.
Workgroups often develop information systems solely : Workgroups often develop information systems solely for their own needs.
Discuss the brainstorming techniques in detail : Define and briefly discuss the following brainstorming techniques, the delphi technique, brainstorming, or nominal group technique.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd