What does SVOT stand for?

Typically grocers have had many different applications for various functions but they haven't had the ability to take all of the data and put it into one enterprise bucket for a single version of truth for a retail store or, if you're talking about a wholesaler, for a customer.

To that end, the company has a list of BI challenges and best practices: CHALLENGES * Multiple versions of the truth * Limited time for data analysis, too much time wasted on data gathering * Disparate definitions * Data redundancy * Unclear data ownership rules * Inconsistent/incomplete information * No standard reporting tools * Development focus on providing detail data * High IT development costs BEST PRACTICES * Single version of truth * More analysis * Common data definitions * Well-defined data ownership * End-user toolbox and common portal, self-service * More emphasis on analytical applications, such as dashboards * Well-defined IT development costs Resources BearingPoint, www.

End users must standardize process performance across the enterprise and guarantee a single version of truth shared for seamless collaboration.

Providing a single version of truth for all hierarchical data is crucial to aligning enterprise reporting and ensuring accurate and consistent results.

Mohit Juneja, i2 senior manager of Industry Marketing for Consumer Industries, will address how i2 solutions have enabled TACP to increase visibility into excess supply, synchronize its factory plans, and establish a single version of truth across sales, marketing, operations, and manufacturing.