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As part of my role, I have been tasked with building a KPI dashboard for the senior management. Its purpose should be to allow them to quickly understand the company's performance in key areas, including:
Solution for Northwind Traders:
Having a Diverse range of products gives the company a competitive advantage in the specialty foods market. By implementation of a database system, it will allow for better management of business data. Opportunity for optimization of operations through data-driven decision-making. As we can see increasing competition in the market, and declining sales in certain product categories may indicate a need for product diversification or marketing effort which can risk in rising costs and may impact profitability.
Overall, the dashboard intends to give the members of the Senior Management a promising insight into the business health and make data-driven decisions in much lesser time.