The Future of Business Intelligence in the Beef Industry

The Future of Business Intelligence in the Beef Industry

Dustin Aherin

The Profit Picture

Business intelligence ( BI) refers to the act of gathering, managing, analyzing, and refining   business-related data into actionable information. Typically BI incorporates technology infrastructure or easy data collection with statistical methods and graphical representation to condense a mass of data into a readily interpretable form. Most all major companies utilize BI for both tactical and strategic decision-making through either an in-house team or outside consultants. The beef industry’s application of such methodology varies across entities and industry segments with the ability to apply technology often arising as the limiting factor.

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