Integrating knowledge management (KM) and business intelligence (BI) processes for empowering businesses in fashion industry.

Take me to the closet We all know the most important centre of the Fashion is the Europe. Paris, Milan, and London are the most recognised fashion hubs in the world. Small and medium sized enterprises rule the fashion industry in Europe, so it is vital for them to have well established systems to store data and extract the knowledge whenever needed in a quick and efficient manner. Fashion enterprises need strategies to solve business processes issues to make the overall process more efficient eventually to generate more revenue. To formulate successful strategies availability of consumer behaviour, their shopping patterns, trends and both current and historical data will be of great help. That’s when knowledge management and Business intelligence comes in the play. This blog will serve as an introduction to both Knowledge management and business intelligence and is the tip of the iceberg. What is knowledge management? In the words of Tom Davenport, world’s renowned thought lead...