Business Intelligence, Stay Way Report Assignment Sample

Business Intelligence through the Stay Way Report Assignment

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1. Introduction: Business Intelligence, Stay Way Report

Business Intelligence is a term through which the company and organization are able to handle the overall performance with great adaptable support and also enhances its progressive reports thoroughly. With the help of Business Intelligence, a company or organization would be able to expand in such a way by analyzing different kinds of data more efficiently. Therefore, Business Intelligence is known as analyzing different kinds of adequate techniques and tools through which it will help the organization to take an adequate amount of action. This helps in Analysing the data and mining it by removing unnecessary information which is irrelevant. This Business Intelligence creates a tool that helps to take informative Decisions regarding strategies (Shao et al.2021).

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Stay way is generally a company that deals with making different kinds of range of footwear and clothing. The footwear and clothing that the company makes are used for the purpose of Hiking, climbing, and sailing. Stay way generally deals with the dealers to ensuing its safety with the view of Hiking and climbing to the mountains. In this report, we are going to analyze the overall business purpose and its sales. As the company is providing some offers to its customers and the hindrances which the customers are facing are taken into consideration.

2. Stayaway Overall summary performance

The above Figure represents a bar graph which is showing the annual revenues of the country's U.K stay Way to report which is basically a clothing industry which is situated in the country. The manufacture the products and also does produce their products inside the mentioned country. The company is also known for its production and manufacture outside the country (Aws et al. 2021). The above figure represents the graphic representation of the stay way in the U.K. In the X-Axis it can be observed from the above figure that the Y-Axis is representing the annual revenues of the company yearly basis. The above graphs represent the company’s last 15 years of income and their production of sales yearly basis. It can be said that the above graph has explained that the revenues of the company on a yearly basis were almost average. The company has made a maximum number of sales or can be said the company has produced a maximum number of profits in the year 2019 compared to the other years.

2.1 Sales Performance:

The company's annual revenues have remained average on the year from 2007 to the year 2018. The graph is representing the average amount of ups and downs in sales and in the company’s revenue in those years. The company sales revenue shows an average amount of the growth after the year 2019 which can be said during the pandemic where most of the industries has affected. The company Satay Way has reminded in the profits only. The pandemic didn’t hamper the company’s overall production and business growth. The average sales that happened after the year 2019 were shown that the company remained in profits and has scope for the growth of the business in the future terms. In the years 2020, 2021, and in the year 2022 the company barely showed an equal level of growth in their revenues which is around 12000 each year. So, it can be interpreted from the above graph that after an immense level of increase in the amount in the year 2019, the sales of the preceding year remained constant.

3.. Compare and contrast the overall sales revenue data:

The above figure represents the growth percentage of the company stay way in the U.K which observed that the as the sales of the company are increasing on a yearly basis so as the company’s growth percentage is also increasing accordingly. It can be analyzed from the above table that the company has a maximum percentage in the year 2019 which is around 25% compared to the previous years but the company’s percentage declines as the company sales have been declining in the mentioned years. Generally, the company growth has been going well in the year 2019 and in the year 2009 which is 16% which is showing an increase of growth percentage that is around 9%. The company certainly shows a fall in the growth percentage with an amount of 1% in the year 2014 and in the year 2018 and in the year 2021. It can be said that in the mentioned years where the company’s growth percentage was showing a fall in sales revenue can be said as the company’s performance has been affected in those years where it couldn’t perform well in those years. But it is also true by observing the above figure that the company quiet improved their performance in the next years of their business which can be considered as a good sign for the operations of the company and the company’s performance. The above-mentioned the above sales can be analyzed as the company prices might be high in terms of its business. Due to the increased level of pricing the performance of the company might be getting affected in the operating of the business in the financial period of the company. The other mentioned stores that are lacking in the business of the company’s performance. the company’s performance was well increased only in the year 2019 which was the year when the industries were affected by the pandemic and couldn’t able to generate profits but stay way performance remained far better in maintaining the company’s sales and revenue. The company’s financial performance shows an increased level of production can be analyzed that the in the year 2019 the company’s production was considered effective and might have remained efficient in their performance. The cash flows of the company were equally quite well in the mentioned year. But in the years 2020 and 2021, the company couldn’t able to perform well according to the growth percentage which falls down to 1%. The company’s GDP indicator analyzes that the company's stay way GDP is showing an increment except in the year 2018 and in the year 2009 it shows a slight decrease in the value of the company’s Gross domestic product.

4. Analyses UK sales by regions and stores:

The above figures analyze the company stores that are located in the various regions and their sales performance in each of the regions. The production and the manufacturing of the company in the various regions and in the various stores implicates that the stores that are situated in the region NW England have the maximum level of the generation of sales revenue which amounted to Euro 1589 and the NE England has been sales revenue in a verge amount which is around Euro 1172. Compared to the other regions of the stores it can be seen that these two regions have the maximum level of sales revenue that the company has been able to produce in the mentioned stores (Kanchanapoom et al. 2021). It can be observed that the Northwales, North Ireland, and the region Scotland have an average level of sales production. So, the company needs to increase their level; or should maximize their manufactures and upgrade their skills in those regions where they are unable to produce the desired level of outputs. From the above graphical representation, the store named Millets and the store Ellis Brigham have shown a maximum level of manufacturing from the company Stayway. It can be said that regions that are highlighted in the green color in the graphical representation have the maximum level of sales and they have the ability to generate a good amount of revenue. This shows the company’s efficiency and the effectivity in particular regions. The stores where it has generated an average amount of sales and revenue need to improve their business while adopting some new tools and techniques to increase sales and maintain revenue. The mentioned regions that are lacking in generating an average level of income need to adopt the subtle type of techniques to increase their brand image in front of the customers and should offer various services to them. The company that is lacking in performance might have to observe in the pricing strategies of the business to increase the company’s performance.

5. Plot the sales data for Stayway’s three key product lines:

The above figure analyses the data structure of the various companies that are involved in the manufacturing of the production business. From it has been analyzed that the company that is involved in the business along with the stay way shows an average level of sales in the export and the export of the business within the Stayway report of the graphical representation. The Lakeland hiking boot is the manufacturer of clothing apparel whereas extra fine merino wool is the company that produced woolen products basically (Buglear et al. 2019). The company Explorer gore tax jacket is a company that deals with the production of various trends of jackets compared to the stay way. It has been clearly observed that the above data of the graphs has been showing an average level of the sales of all the mentioned companies that are involved in the manufacturing company. The production and sales of the Lakeland hiking boot have been the year 2020 Q3 compared to its next year where it performed well and continues to fall down as it has been observed from the above graph. Both the companies Explorer Gore-Tex and the company Extrafine Merino have seen an increase in their sales production and in the performance of their manufacturing according to the above graph, it has been interpreted (Ain et al . 2019). Both of the companies are not so better or performing badly either compared to the Stayway company. The cash flows in these companies remained average as it has been observed from the graphical representation. The companies somewhere fall weak in revenue generation and somewhere performs really well. The companies somehow perform quite well in the business markets in the year 2019 and in the next years also. The above companies show a decreasing level of their revenues in the year 2018 where it has observed the maximum fall out of the in their revenues.

6. Summarizing of the Queue Waiting Time:

According to the above graphical representation of the company’s queue time, it has been analyzed that the company has been providing a good amount of offers to its customers in the retail stores due to which there are some days where the company might face challenges to handling the customers in the stores. So, issues might arise of the waiting in the queue for the billing (Zafary et al. 2020). The above figure has represented the performance and summarization of the observations. The suitable categories and frequency observations histogram of the data set has been represented with the Histogram table. As the company has thought about providing some offers to its customers, it creates a hindrance for the buyers as they have to be in the queue for waiting some minutes for billing. It creates a negative view in minds of customers. They can get irritated and it leads to a downfall in minds of some customers. So, through Business Intelligence, this problem can be solved by analyzing the overall performance of the company. The customers who are waiting In the Millet Stores for purchasing the goods, creates abundance for the company.

  • Summarization of the queue waiting time

From the above graph, it has been seen that when the bin range has been from 0-5 it has seen an increased level of frequency which can be seen that the queue time of the company increases when the bin ranges from 0 to 5 and when the company’s and when the store bin range is reached up to 6 to 10 it has seen that the waiting time increase as due to the increase of the bin bags as billing of each of the item per bags needs time so as the stores' queue time also increases in the performing the following task in the due time in the stores and when the bin ranges to 11 to 15 it has been seen that the store it has slightly taking more time compared to the bin range frequency when it was 0 to 5

The graph which provides information about the frequency of the data set, it provides a huge frequency about the consumers’ graph. The above graph is showing about the waiting time as it has increased. It leads to increasing the billing time. The customers get irritated for waiting that much ((Mikalef et al. 2020)). This denotes the potential of clients which is decreasing with an increase in its waiting time. The company has explored new jackets that deal a great reward for the company and are more demandable. As the Stayway company has acquired good wide range of clothing so it helps the company in analyzing the more ever demand the products (Aws et al. 2021)

This has denoted that the entity queue time has been offered by providing a sufficient amount of time to its potential clients in the retail stores. This might create challenges for the firm while handling their customers in store while waiting in the queue is time taking and increase if the billing might be observed. So, it can be analyzed that the as the quantity increases so as the bin bags and accordingly the waiting time of each of the stores also increases. The more would be the counts of the bin bags the more would be the increase of the waiting time. It can be said the time totally depends upon the number of sales each of the companies is making in the market. The more would be sale increase in the store the more would be the purchasing increase and so as the waiting time queue increases as there would be more waiting queues (Hedgebeth et al. 2022). The company Explorer gore tax jacket is a company that deals with the production of various trends of jackets compared to the stay way. It has been clearly observed that the above data of the graphs has been showing an average level of the sales of all the mentioned companies that are involved in the manufacturing company. The store needs to impoverished in the waiting queue time and should include some new methods to reduce the time of the waiting in the store through the use of time-saving techniques which it would increase the stores reputation and also on the company’s manufacturing process and the company’s imports and exports and the time it takes while in the process. It gives a brief analysis of the financial performance with the various use of graphs and histograms and the use of economic indicators it has also helped in the analyzing of the GDP of the company in the sales performance and the impacts of the company over the economy.

Conclusion:

The above report sheds light upon the company’s financial performance based on the sales and in the pricing strategies that are compared to the company's stay way. The above study helps in the analysis of the various graphs and gives brief information about the company’s sales performance and the company time queue where each of the companies. The total amount of the productions that each of the stores is making during the mentioned years and it also mentions the purchasing and selling of the products. It also sheds light on the company’s manufacturing process and the company’s imports and exports with other countries. The report provides a brief analysis of the financial performance with the various use of graphs and histograms and the use of economic indicators it has also helped in the analyzing of the GDP of the company in the sales performance and the impacts of the company over the economy. It also discusses business intelligence and its uses in the report of any company. It discusses what is the use of business intelligence and the kind of software that helps in the analyzing of business data it also represents a friendly kind of report which includes the representation of charts and graphs and dashboards. It has been concluded that the company should focus on the hindrance and according to analyzing the different strategy, it has to take action. The management team should give more focus on increasing the biller and creating a low queue that will support the customers. The management should increase the overall human power or increase the technological issues about the insufficiency of humans for work. It helps the customer in analyzing the overall growth of the business. it creates a positive image in the minds of customers as they get to know that the management is also thinking about them.

Reference:

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  • Aws, A.L., Ping, T.A. and Al-Okaily, M., 2021. Towards business intelligence success measurement in an organization: A conceptual study.J. Syst. Manag. Sci,11, pp.155-170.
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  • Kanchanapoom, K. and Chongwatpol, J., 2021. Applications of business intelligence and marketing analytics in the complementary and alternative medicine industry. Journal of Information Technology Teaching Cases, 11(1), pp.30-42.
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