Business Intelligence

Definition of Business Intelligence as it relates to Business, Business Planning, Supply Chain Management

Business Intelligence (BI) refers to the strategic use of data and information to inform business decisions and drive organizational success. It encompasses the processes, technologies, and practices used to collect, analyze, and present data in a way that is meaningful and actionable for business users. BI systems are designed to help organizations identify trends, patterns, and insights in their data, which can then be used to inform business strategy, improve operational efficiency, and drive growth. At its core, BI is about using data to gain a competitive advantage and make better decisions that lead to improved business performance.

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