Vehicle performance data.
Using features and driving patterns.
By doing this analysis, the company understands customer preferences, identifies opportunities for improvement and is able to develop new features and services.
Example 3: Bridgestone Firestone
This leading company uses specialized information management software to mobile number list optimize both the distribution of its products and the logistical efficiency in the reception and acquisition of raw materials from various international locations.
Firestone could also use Business Intelligence in the following aspects of its business:
Sales analysis and forecast
Analyze:
Tire sales in different regions and market segments.
Historical data, seasonal patterns and customer demographics.
With this information, the company is able to more accurately forecast future tire needs in each market.
Inventory management
By analyzing real-time sales and supply data, Firestone can:
Identify demand patterns to avoid inventory shortages or excess.
Maintain optimal levels to meet customer needs, while minimizing storage costs.
Price optimization
By using Business Intelligence, Firestone is able to analyze tire prices in the market and macroeconomic data to adjust its strategy.
This will allow you to:
Identify opportunities to offer strategic promotions or discounts.
Adjust prices according to demand.
Maximize profit margins.
Leveraging data is key to staying competitive in the market
If you are looking to implement a robust Business Intelligence system to boost the growth of
