As an operations manager, you play the role of an overseer. You are monitoring the day-to-day operations of your store or business, keeping track of factory efficiency, optimizing logistics and safety. You are practically keeping watch of everything that happens in the business and you find yourself just everywhere.
Being a highly functional entity in your business requires that you have a continuous feed of important information about your business. You need data to tell you everything is running smoothly, or tell you something is not going well. This is where a dashboard can help.
What can a dashboard give you?
With the use of reporting tools, such as dashboards, you can create a data reporting system that can help you have an overall view of your operations whenever you need it.
With a dashboard, you can drill down into important details and identify issues before they spin out of control. Once issues have been identified, you can quickly alert stakeholders about them and help them determine necessary measures to take.
Most dashboards systems are customizable and can be operated through a self-service platform. You can design yours in such a way that you can combine multiple data from different sources and look for correlations among data to help you come up with better decisions for your business.
There are three types of dashboards: strategic, operational and analytic dashboards. The kind of dashboard for people running business’s daily operations is the operational type.
Whereas strategic dashboards are used to monitor key performance indicators and analytic dashboards are used for analyzing huge volumes of data to identify trends and predict outcomes, operational dashboards are used to monitor day-to-day processes.
These processes obviously change minute by minute and the dashboard is designed to capture KPIs and metrics associated with these processes. You expect this type of dashboard to be able to give you very frequent updates. Used to monitor short-time progress towards identified goals, dashboards like this are engineered in such a way that they can be viewed several times during the day giving users different data for each view.