MG Kailis reels in business intelligence
- 01 August, 2012 09:20
An MG Kailis fisheries vessel patrols the sea near Perth, WA. The company is using business intelligence to capture fisheries data.
Perth-based marine corporation, MG Kailis, is using business intelligence (BI) to capture data on fish stocks in its fishery division and predict stock levels in its jewellery division.
The company operates a number of fishing vessels in the Perth region and three retail jewellery stores in Western Australia. In addition, it has jewellery stockists in New South Wales, Queensland and the Australian Capital Territory.
Chief financial officer, Grant Rockman, told CIO Australia that the use of IBM Cognos BI 10 in its fisheries division means MG Kailis can capture data on the species, grade and size of each fisheries catch. This information is then used to determine when and where its fisheries staff should be casting their nets.
“We feed in WA Department of Fisheries survey data from the beginning of the season that tell us what the catch levels should be at,” he said.
“Staff compare that [Department of Fisheries] information to 40 years of catch data hosted in Cognos and have a greater idea of species mix and volume of catch for that year. We can than manage our fishing fleet accordingly in advance.”
In addition, MG Kailis is using the data for sustainable fishing. For example, if a particular species of fish is showing signs of falling numbers, fisheries staff will leave that species alone to recover.
“Everywhere that we fish in Perth, we run the entire fisheries so we’re not competing against anyone. Sustainability is an economic necessity for future years,” Rockman said.
The BI system was implemented on 30 June, 2011. According to Rockman, the company has saved hours of manual spread sheet based processing and reduced reporting workload by as much as 99 per cent for business analysts across the business divisions.
“The best thing with BI is that we have six different sites around Australia where we operate and people can look at the same data no matter where they are located,” he said.
“Staff in other sites can comment on documents in the [BI] system in virtual real time.”
According to Rockman, the use of BI has enabled the company’s jewellery division to predict the necessary stock levels for each item based on customer demand, and schedule jewellery production accordingly.
“We’ve been able to pull in forecasting information from our retail stores and Australian stockists, compare that to historical information on [consumer] purchasing and then compare that to the raw jewellery materials we have in stock,” he said.
“We can drive stock and sales planning through a combination of information from that forecasting."
Turning to other IT projects, Rockman said the company is in the process of replacing its files and servers with SharePoint.
This implementation is expected to be completed in mid-August 2012 across the entire MG Kailis business.
“This will allow our intranet site to become a database for accessing information. It will be a [staff] self-help kiosk for multiple functions around the company,” he said.
Follow Hamish Barwick on Twitter: @HamishBarwick
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
- Analyst Paper - The Total Economic Impact To IBM WebSphere Application Server Migrating From An Open Source Environment
- Expanding Web Single Sign-On to Cloud and Mobile Environments
- IT Operations Wake up Call - The Impact of Consumer Driven IT
- Making the Right Storage Choices: 10 Must-Ask Questions
- In-Memory Analysis Delivering Insights at the Speed of Thought
Why change management doesn’t work
Larry Page wants to see your medical records
Dual-Persona Smartphones Not a BYOD Panacea
After two-year hiatus, EFF accepts bitcoin donations again
CIOs struggle to deliver timely mobile business apps: survey
A Holistic Approach to your BYOD Challenge
More and more enterprises are seeing significant benefits from allowing employees to choose the device they use to get their jobs done, and are adopting bring your own device (BYOD) initiatives. While the BYOD trend increases flexibility and productivity, it introduces a host of new challenges for your IT administrators. Click for more!
HP Helps NEC Reduce Network Management Costs and Gain Efficiencies
NEC wanted to reduce network management costs, while increasing network visibility, decreasing mean-time-to-repair, improving stability and mitigating the risk of downtime. Download today to hear from Cameron Craig, Senior department manager of NEC on what approach they took and why.
How Web Security Improves Productivity and Compliance
In this white paper, we will look at how secure web gateways, one type of information security technology, can provide benefits to many departments within any business or government agency. Download now.