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The Problem: Different Strokes for Different Folks
The infinity basket superstore dataset is like a big puzzle, and everyone in the team sees it differently. What’s too much info for one person might not be enough for another. Executives need concise summaries, managers crave actionable insights, and frontline workers seek immediate answers. Generic reports leave everyone frustrated and searching for more.
The Solution: Custom-Made Dashboards
Custom dashboards are the information lifesavers. Tailored to each audience’s unique needs, they offer executives high-level overviews, managers actionable insights, and frontline workers immediate answers. It’s the data clarity and relevance everyone craves.
So the plan is to create a four special dashboards, each made just right for different people in the team. They deliver the right information, in the right format, at the right time, ensuring clarity, relevance, and empowered action for all.
lets look into the dashboard that has been developed using BI Tool Tableau.
This is a comprehensive suite of business dashboard for infinity basket super store each designed with varying levels of granularity to serve distinct strategic purposes and organizational tiers. The dashboards here include:
1. Strategic dashboard
2. Tactical dashboard
3. Operational dashboard
4. Analytical dashboard.
Strategic Dashboard:
Imagine navigating a complex business landscape without a map. That’s the challenge faced by executives who rely on generic data reports. But what if they had a comprehensive suite of custom dashboards, each designed to be their personal compass, guiding them towards informed strategic decisions?
Introducing Infinity Basket’s Executive Dashboard:
The strategic dashboard is tailored for top-level executives. Why? Because they shape the future of the organization. This dashboard empowers them with critical insights into Total Profit, Total Sales, Profit Ratio, and year-over-year comparisons.
Key Features:
Make informed strategic decisions. Identify market trends and seize opportunities. Evaluate the effectiveness of strategies.
Total Profit & Sales: Gain a bird’s-eye view of the financial landscape, tracking overall profitability and sales performance.
Profit Ratio: Dive deeper into the efficiency of operations, understanding how every dollar earned translates to profit.
Year-over-Year Comparisons: Analyze trends and identify growth opportunities by comparing current performance to historical data.
Tactical Dashboard:
For the middle managers, the tactical dashboard is your control panel. It provides a focused view of actionable data — like departmental KPIs and operational efficiency — to align the teams with strategic objectives. Now, let’s look into the visuals on this dashboard. It’s all about the right information at the right time. They have access to real-time insights for the current year, 2022
Monthly Sales and Profit: These visuals allow the managers to track the ebb(decrease/ decline in sales and profit) and flow of sales and profit throughout the year. They can spot trends and respond promptly.
Sales and Profit Ratio by Segment: This metric helps them assess the profitability of different segments of our business, allowing for better resource allocation.
Sales and Profit by Category: they can dive into the performance of various product categories, enabling them to make informed decisions about inventory, marketing, and sales strategies.
Subcategory-Wise Sales: Lastly, subcategory-wise sales data provides insights into specific product lines, guiding decisions on promotions and product development.
Operational Dashboard:
It’s exclusively for the dedicated front-line staff. Why? Because it provides them with the power to make immediate, impactful decisions. They are the ones who interact directly with customers, manage inventory, and keep operations running smoothly. This dashboard keeps them informed about what’s happening right now. It’s about the ‘now.’ With visuals spanning a week, it offers
Daily Sales for December: These real-time insights enable our front-line staff to monitor daily sales performance, react swiftly to fluctuations, and seize opportunities as they arise.
Daily Sales by Subcategory: Tracking daily sales by subcategory empowers them to identify high-performing products and address any issues promptly.
Daily Region-Wise Sales: This metric helps them understand regional variations in sales, allowing for localized decision-making and resource allocation.
Daily Top 5 Subcategories by Sales: By highlighting the top-performing subcategories each day, this visual guides front-line staff on where to focus their efforts for maximum impact.
Analytical Dashboard:
The Analytical Dashboard delves into the intricate layers of data within the organization. It’s designed to handle complex datasets, comprising multiple dimensions and variables, providing a holistic view of various aspects of the business.
Unlike simpler dashboards, which may focus on high-level metrics, the Analytical Dashboard dives deep into granular details, allowing analysts and data scientists to explore relationships, correlations, and anomalies within the data.
The trends uncovered by the Analytical Dashboard can serve as a catalyst for breakthrough strategies and innovations within the organization. By identifying emerging patterns and outliers, users can uncover new market opportunities, customer segments, or product niches.
Armed with predictive analytics capabilities, users can forecast future trends, anticipate customer behavior, and identify potential risks or opportunities before they materialize. This foresight enables organizations to stay ahead of the curve, capitalize on market shifts, and drive innovation in products, services, and business processes.
Overall, the Analytical Dashboard serves as a cornerstone for data-driven decision-making, enabling organizations to extract actionable insights, drive innovation, and gain a competitive edge in today’s dynamic business landscape.
Conclusion:
Data visualizations isn’t just about the pretty charts, it’s a powerful tool that accelarates communication, aids comprehensation and empowers organizations to make informed choices
Customized dashboards empower decision-makers at every level by providing tailored actionable insights. Recognizing that one size doesn’t fit all, we equip executives, managers, and frontline workers with the right tools for informed decision-making. Whether it’s strategic foresight, actionable insights, real-time visibility, or analytical depth, each dashboard meets the diverse needs of our organization. By harnessing customized dashboards, we pave the way for success in today’s dynamic business landscape.