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Book Overview & Buying
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Table Of Contents
The Data Warehouse Toolkit - Third Edition
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Thus far we have studied downstream sales and inventory processes in the retailer’s value chain. We explained the importance of mapping out the enterprise data warehouse bus architecture where conformed dimensions are used across process-centric fact tables. In this chapter we’ll extend these concepts as we work our way further up the value chain to the procurement processes.
For many companies, procurement is a critical business activity. Effective procurement of products at the right price for resale is obviously important to retailers and distributors. Procurement also has strong bottom line implications for any organization that buys products as raw materials for manufacturing. Significant cost savings opportunities are associated with reducing the number of suppliers and negotiating agreements with preferred suppliers.
Demand planning drives efficient materials management. After demand is forecasted, procurement’s goal is to source the...
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