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Use of Factors Related to the Consumption of Fast Moving Consumer Goods in Business Intelligence System for Managing Orders to Suppliers in Retail Chain

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  • Daniela Pencheva

    (University of Economics - Varna, Varna, Bulgaria)

Abstract

The study examines some aspects related to current trends in the modeling of business intelligent systems (BIS) specializing in retail chains for Fast Moving Consumer Goods (FMCG). Current concepts related to factors that influence business processes and their application in business intelligent order management systems in retail chains for FMCG are presented. The aim of the present study is to investigate the factors that have the strongest influence on the consumption of FMCG in retail chains and to derive the values that support business-intelligent processes for automated order management to suppliers. The studied factors presented in the presentation also include consideration of the structure of the incoming data streams, their extraction and their application in practice.

Suggested Citation

  • Daniela Pencheva, 2020. "Use of Factors Related to the Consumption of Fast Moving Consumer Goods in Business Intelligence System for Managing Orders to Suppliers in Retail Chain," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(2), pages 124-135, August.
    • Handle: RePEc:vra:journl:v:9:y:2020:i:2:p:124-135
    DOI: 10.36997/IJUSV-ESS/2020.9.2.124
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    References listed on IDEAS

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    More about this item

    Keywords

    Fast Moving Consumer Goods (FMCG); business intelligent system; retail chain; consumer behavior factors;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

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