This project was done in a retail environment. One way to maximize profitability is to lower the cost of goods sold. The client's distributor offered volume discounts for a variety of products. The volume discounts ranged from 9% to 29% depending on the quantity purchased. The distributor sold over 120 products to the client. Our goal was to determine what volume to purchase per individual…
Overcomplicated Dashboard on the Rise
The main objective of a dashboard is to provide actionable insights for decision-makers and people embedded in key processes. The best dashboards are simple, well-structured, and easily consumed by people with different levels of expertise, The most common mistake in the use of dashboards today is overcomplication and misalignment with the strategic or business goals of the company. The purpose of visualization is insight, not…