Do additional research by looking at other websites that explain different supply chain, shipping, fulfillment, and warehouse order performance.
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Now your team gets to create a custom dashboard for your Supply Chain ERP Presentation. You’re going to add 2 new slides to your power point presentation. Slide 1 – show your custom dashboard
Slide 2 – explain your dashboard metrics
Basically, you know there are many steps involved in getting your products manufactured – From a supply chain perspective that can include shipping, warehouse orders, distribution, logistics, etc. So first, go to this URL:
https://www.klipfolio.com/resources/dashboard-examples/supply-chainLinks to an external site.
read through their content and click through their Supply Chain KPI example, shipping status example, warehouse order performance example – and then click on every relevant KPI and metric to learn about each one, including Units per Transaction, Inventory Turnover, Inventory to Sales Ratio, etc. Then as a team, decide which type of dashboard you’d like to create including which KPI metrics you should track to measure the performance of your products from a Supply Chain ERP perspective (e.g. manufacturing/production/shipping/distribution/fulfillment/selling). Technically you don’t want to track EVERYTHING in one dashboard though! So choose carefully! Do additional research by looking at other websites that explain different supply chain, shipping, fulfillment, and warehouse order performance. The biggest reason why you DONT want to tracking EVERYTHING in one single dashboard is because of “analysis paralysis” – if you have too many variables being tracked, you will not be able to discern quality performance as there will be too much going on in the dashboard to understand it. Typically you want no more than a handful of GOAL-BASED metrics, so stakeholders can more easily understand what’s being tracked. So for THIS assignment, you must have between 5 to 10 KPIs being measured .
Your team will need to draw an example of the dashboard, either by building one in a dashboard creation tool such as Excel. You are not expected to put real data in, so feel free to use stochastic (random) data. Your team MUST use different visual methods to convey your KPI metrics. For instance, for one you might use a line chart, for another you might use a bar chart, for another you might just have big bold colored text showing if it’s up or down from previous reporting period.
Remember you need to show context – not just a “descriptive analytics” snapshot in time. It HAS to be compared to something – for instance, a percentage ratio showing rise or fall from last period to this period, or a regression time series showing multiple previous periods leading up to this period with an extended look-back window. Feel free to dazzle with your dashboard design prowess. I recommend creating it in Excel. You can use Photoshop or Microsoft Paint, or even dashboard creation platforms if you’d like. THE RULE IS THAT IT MUST NOT BE PLAGIARIZED THOUGH – IT HAS TO BE YOUR OWN TEAM’S DESIGN. You only need ONE dashboard for the WHOLE TEAM! PreviousNext
