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The role Business Intelligence in Deliveroo
Business intelligent is a process through which business use technologies in order to analyse
current and past data with an objective to improve strategic decision-making.
Quick analysis and planning: Business intelligence plays crucial role in better planning and
analysis (Xu and et.al., 2017). As Deliveroo feel that BI system helped in fast reporting, strategic
planning, interpreting and analysing data. Moreover, business intelligence helps the company to
make decision for the future by analysing the past data.
Increased accuracy:
By applying business intelligent, company can get accurate and reliable data. As all data
is to be handled by business intelligence system there is no involvement of human being which
will generate accurate and efficient result. Moreover, it also makes interpretation easy for the
management of Deliveroo.
Sales forecast
Business intelligent reduces manual work in an organization. All the budget and sales
forecast can be done with the help of business intelligence. Further, company can generate quick
standard budget by analysing past performance by implementing business intelligence system.
Improved pricing and offers
Business intelligent play important role in setting the prices and offers. It is because by
analysing and interpreting cost in different forms which will help to set the prices and decide the
profit margin. Without business intelligence, it becomes tough for the company to record all the
data manually and find out minor error which becomes time-consuming process. It also helps the
management by analysing which segment of company required more focus.
Understand the customer needs
Deliveroo can collect required data of their targeted customer such as like-dislike and
factors which influence their decision etc. This data helps the company to evaluate the trend and
understand the need of the customer. This will help in providing right services to the customer as
per their needs.
Informed decision-making
Reports can be generated through accurate and timely information which helps company
to measure the current performance. Business intelligence facilitate company in order to make
informed strategic decision (Torres, Sidorova and Jones, 2018). Moreover, historical data can
help while taking accurate decision related to profit, prices, sales, stock etc. Further, company
can evaluate their stock requirement in the market through past sales records and maintain
optimum raw material. It will help in reducing the wastage of resources and decide order place
duration. Business intelligence helps in decision-making process because with tech system
company record all the data on server and can access whenever required.
For example: Deliveroo use business intelligence tools in the company in order to maintain sales,
profit and productivity. Management needs to prepare their budget so that it is required to have
all the past recorded data. With the help of business intelligence system, all the data has been
recorded and now with the one click, management can generate useful information. Moreover,
efficient budget can be prepared with these data. Now all the information which are related to the
cost and profit of the company are to be analysed. Further, management forecast their future
sales and profit.
Deliveroo can achieve competitive advantage using business intelligence and examples of
scenarios and frameworks to critically analyse the competitive advantage
In order to survive in the market company, need to use business intelligence. It is because
company can make strategic planning related to cost, budget, trends, inventory model etc.
Moreover, it also helps in taking competitive advantage through setting nominal price, analysing
their taste, preparing budget to reduce cost etc. Deliveroo can take competitive advantage by
reducing cost, analysing customer needs, identifying business opportunity etc.
Pricing: With the help of business intelligence tool entity can get detailed report through which
can analyse its cost in order to determine prices. Further, efficient pricing models helps company
to survive in the market. Business intelligence helps to evaluate where company is spending their
money and which segment required more focus etc. This will help to decide right price in order
to stand in the mind of the consumer. Further, by generating high quality of data, company can
take fast decision as opportunity occur in the market which helps to stand step ahead from the
competitors. For example: competitor is using traditional approach to analyse the price of the
product and Deliveroo is using business intelligence to evaluate the price of each food which are
mentioned in the menu card. So Deliveroo will take less time because all the data are recorded
and result can be generated with the help of business software. So it reduces the time while
taking decision and Deliveroo can make changes and update their prices before competitor do.
But on the other hand, company have to pay high amount in order to get business intelligence
tools. This will increase the cost of the company.
Ain, N. and et.al., 2019. Two decades of research on business intelligence system adoption,
utilization and success–A systematic literature review. Decision Support Systems. 125.
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Bordeleau, F.E., Mosconi, E. and de Santa-Eulalia, L.A., 2020. Business intelligence and
analytics value creation in Industry 4.0: a multiple case study in manufacturing medium
enterprises. Production Planning & Control. 31(2-3). pp.173-185.
Lennerholt, C., van Laere, J. and Söderström, E., 2018. Implementation challenges of self service
business intelligence: A literature review. In 51st Hawaii International Conference on
System Sciences, Hilton Waikoloa Village, Hawaii, USA, January 3-6, 2018 (Vol. 51,
pp. 5055-5063). IEEE Computer Society.
Liang, T.P. and Liu, Y.H., 2018. Research landscape of business intelligence and big data
analytics: A bibliometrics study. Expert Systems with Applications. 111. pp.2-10.
Mariani, M. and et.al.,2018. Business intelligence and big data in hospitality and tourism: a
systematic literature review. International Journal of Contemporary Hospitality
Management.
Puklavec, B., Oliveira, T. and Popovič, A., 2018. Understanding the determinants of business
intelligence system adoption stages: An empirical study of SMEs. Industrial
Management & Data Systems.
Torres, R., Sidorova, A. and Jones, M. C., 2018. Enabling firm performance through business
intelligence and analytics: A dynamic capabilities perspective. Information &
Management. 55(7). pp.822-839.
Xu, X. and et.al.,2017. Business intelligence in online customer textual reviews: Understanding
consumer perceptions and influential factors. International Journal of information
management. 37(6). pp.673-683.
Online references
Business Intelligence: What It Is, How It Works, Its Importance, Examples, & Tools, 2018.
[Online]. Available through < Business Intelligence: What It Is & Its Importance |
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