Friday, 14 November 2014
Does database technology helps in a profession??
DATABASE MANAGEMENT SYSTEM:
Databases play a vital role to the success of any business. They assist you to store, analyze and manage important information about business products, store sales and potential and brand loyal customers so you can easily cope with changing market conditions. You can also share information in the database with suppliers to improve the efficiency of your business operations.
The database can store information on your customers, like their full names and contact details. A business is solely depending upon their customers. Best part is keeping consumers’ any personal information that would be relevant to their buying potential, such as age range, income, demographic details and interests. In most of the countries, data protection laws apply to personal information that organizations hold on a database, so make sure you obey if you have a globalised business.
The basic customer information is always being an important for administration of every business. Like having record of information on customers’ product searches, information requests and purchases enquire. You can also prepare a detailed image of individual customers’ product preferences, purchasing history and future buying potential. This way we can track the future demands.
Perfect level of security in place helps your customers, suppliers and logistics partners’ access to certain areas of your database. By providing them access with track of transactions, they can check on their order history and delivery status of outstanding orders. By giving suppliers access to inventories levels, reduced your headache to re-order for seasonal demands.VMI (Vendor managed inventory) is a perfect way to send you a scheduled delivery upon your needs.
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