11 Powerful Power BI Dashboard Examples for Better Analytics

Power BI Dashboard Examples

Now that we know the basics of the Dashboard and its features, let’s look at some real-world examples of Power BI Dashboard applications:

1. Sales Performance Dashboard

This Power BI Dashboard example illustrates how key sales metrics can be visualized Here we will discuss the Sales being made for the product and how one can ensure that the right product is sold to the right person and in the right place.

To determine the performance of the product in the market, we have built various key metrics that would help the companies in achieving their sales targets: 

1. Product Performance:

• This KPI is used in the “Top Products in Revenue(K)” visual that ranks the sales of the product based on its Revenue and how well it is selling in the market.
• By using this metric one can determine which product meets the Customer Expectations and which doesn’t.
  

2. Incremental Sales:

• It reflects the extra sales generated by marketing activities other than what would have naturally churned without those efforts.
• With the chart used here (i.e. Incremental Sales by Campaign), one can determine the relationship between different sales activities and how it affects the companies.
  

3. Point of Purchase:

• From this metric, we can find out where the customers are making purchases and how the trends are being followed in the market when the retail transactions are being made.

• The Chart used here (i.e. Online vs In-Store Purchases (2010-2016)) determines the purchases being made at the macro level between Online and In-store over a given period.
  

4. Cost of Goods Sold:

• This metric helps the companies understand the costs incurred when producing a particular product and how it affects overall performance.
• Using this metric,  one can determine the costs incurred by a moving product from production to consumption.

2. Financial Performance Dashboard

With the visual representation of key financial indicators, this dashboard provides an overview of the organization’s economic health and performance. In this Dashboard, the data is collected from various financial sources and consolidated in one single interface, thereby becoming an effective tool for different stakeholders to assess the financial status of the company.

The key metrics used in this Dashboard can be summarized as follows:

1. Accounts Payable and Account Receivable:

• Using these metrics, the users can view and understand how much is owed to the company, and how much the company owes. This gives an overview of the internal payment book.
• The visuals prepared in this Dashboard for the given metrics help companies to ensure that resources are allocated appropriately.
  

2. Key Balance Sheet Figures:

To provide a complete picture of the financial performance of the company, the main metrics used in this Dashboard are as follows:

• Revenue: Total income generated by the business.
• Current Ratio: This helps measure a company’s ability to cover short-term liabilities with short-term assets.
• Equity Ratio & Debt Equity: It is debt-to-equity ratio, measures the amount of leverage used by the company and compares the liabilities.

3. Customer Insights Dashboard

This Dashboard is a visual representation of the data containing customer behavior or preferences around a particular product or service. The idea behind it is to provide the business insights around the activities of the Customer in form of different metrics such as: 

• Customer satisfaction 
• Purchasing patterns 
• Feedback 
• Level of engagement

The example we used here shows its main emphasis on Customer behavior by Region and how they react towards the product across different industries. The Chart shown above helps the business to make informed decisions by identifying:

• Total Revenue generated
• Which Region had highest/lowest Customers 
• Which Region made most/least Profit
• Trends being followed by Customer behavior towards the Product

4. Marketing Campaign Performance Dashboard

A Marketing campaign involves a series of strategic efforts made by the marketing channels to achieve a business goal. To find out how well the Campaign is performing, following are the steps that need to be taken:

1. Identify all campaign channels
2. Determine Key Performance Indicators (KPIs)
3. Track conversions
4. Assess actual vs planned results
5. Monitor results

The Dashboard example we used involves an overview of key performance indicators (KPIs) and how it can help the marketers make informed decisions for executing their marketing strategy. 

The Key Metrics that were used here are as follows:

1. CPC (Cost Per Click): Used to measure the cost advertisers pay for each click on their ads
2. CTR (Click Through Rate): This metric tells how often the users click on the content from a search result, ad or email
3. ROI (Return on Investment): Used to evaluate the profitability of an investment

In addition to these metrics, the end user is also able to identify the performance of each campaign and how well the conversions are being from different traffic sources from time to time.

With the ever-changing era of marketing, analyzing campaign performance is more around uncovering actionable insights from different marketing metrics which helps in identifying hidden opportunities, optimize strategies and propel the campaigns to new heights of success. 

5. HR and Employee Analytics Dashboard

The performance of the business is always based on its employees and how well it impacts the market. Here, we will explain how the given Dashboard in terms of the employee performance and the metrics that are considered for the same.

The Dashboard represented here offers a real-time view of KPIs related to employee or team performance within an organization which help the Managers and the HR team to identify:

• Attrition Rate in the Department
• Total Employees by Department, State and Salary Gaps
• Top States by Average Salary

With available information, the companies can find the potential within their employees and the necessary training or coaching that is to be needed. 

Also, in most industries one or all the following performance metrics must be tracked when measuring individual or team performance.

1. Quantity: Amount of work produced.
2. Quality: Standard of work compared to others.
3. Efficiency: Ratio of input (time and money) to output (products or services).
4. Effectiveness: Impact of the work produced.
   

By adapting the above metrics, the companies are able to find out whether their employees are meeting the business goals effectively. 

6. Project Management Dashboard

The idea behind this Dashboard is to transform workflows i.e. from rationalized communication to identifying risks before they hit deadlines.

With the amount of projects handled by the employees in the company, this dashboard helps the company to view the performance of all projects in one central location.

The Dashboard carries out the following benefits when optimizing the project performance:

• Crystal clear visibility
• Better communication
• Performance tracking
• Increased efficiency
• Informed decisions in a flash

With these benefits and the visual representation of the project related information in the Dashboard, one can grasp:

• Project Status
• Progress made
• Potential risks associated

To best explain how the project management can be done, we will be representing the above Dashboard that provides a view of total tasks due by the week, the workload status, and the tasks being assigned.

With the visuals represented in given Dashboard, the companies are able to draw the following insights about the employees and their tasks:

• Which tasks the employees are working on?
• What is the Status of the tasks?
• What is the progress made on the tasks?
• What is the total workload capacity?

Through these insights, the companies are able to enhance their decision making when achieving business goals or objectives. 

7. Manufacturing Dashboard

This Dashboard acts as a tool for tracking the productivity levels of a manufacturing process while also spotting the areas of improvement. The data used in this Dashboard comes from multiple sources within a manufacturing setup including:

• Machinery output 
• Quality control metrics 
• Inventory levels

and the visuals prepared at one place using this data helps the stakeholders draw valuable insights.

From the above example, a clear explanation of the manufacturing process is given out in terms of different KPIs such as:

• Production Rate
• Units Lost
• Machine / Plant Productivity
• Operator Productivity
• Units created
• Productivity by location
• Defects by Cause

From the given Dashboard, a business can draw out the following benefits:

• Monitoring efficiency in the production process.
• Forecasting and capacity planning.
• Be alerted of any problems during production.
• Real-time feedback of operating levels for machinery.

[Image Credit: SimpleKPI]

Using this Dashboard can help the companies to monitor and optimize their operations, which in turn would drive the growth for their business.

8. Supply Chain Dashboard

In the modern era today, supply chain operations are vital for most businesses when monitoring the flow of goods from supplier to customer effectively.

With the use of the Dashboard prepared using Business Intelligence tool, tracking the given flow has become more easier, thereby leading to improved service levels and reduced costs.

[Image Credits: BoldBI]

To get a better understanding of the company supply chain operations, we will be carrying out an example shown above, displaying the performance in terms of the key order metrics.

9. Customer Service Dashboard

Whenever a customer wants to get their issue revolving around a product or service of the business to be resolved, they mostly turn over to the Customer service department of the Organization.

However, today most customer service representatives face the challenge of delivering exceptional experiences across many channels.

To best manage this complexity, customer service dashboards were introduced that help in tracking activities or metrics from each channel and transforming raw data obtained into actionable insights. These dashboards provide the following benefits to the business:

• Improved Decision-Making
• Enhanced Efficiency
• Increased Customer Satisfaction
• Empowered Agents

To best explain how the Dashboard can be useful for the internal team management and customer service operations, we will bring it through the Customer Support Dashboard shown in the above image.

The Customer Support Dashboard is crucial when it comes to identifying how well your team is addressing customer issues. Addressing these issues helps to show the customers how much you value them and thereby improves your position in the market.

Below are some of the main KPIs that were put in one place to improve the support services:

• Number of New Conversations
• New Conversation Volume
• Open Conversations per Teammate 
• Net Conversion Score

Using these metrics has helped in keeping track of the performance of different departments of the organization.

10. e-Commerce Performance Dashboard

In the Online era today, most of the products are being purchased from the e-commerce websites, but with a lot of traffic generated on a daily basis, tracking the activities on these sites becomes a complex process.

In this scenario, an eCommerce Dashboard acts as the visual aid for analyzing the activities in the form of different KPI metrics. This dashboard carries out the following benefits for online business:

• Real-time Insights
• Better Communication and Collaboration
• Performance Monitoring
• Better Decision Making

The above dashboard explains the eCommerce operations in the form of various KPIs that give the online sellers an overview of store performance and how to optimize every stage of the customer journey i.e., from first touch to purchase.

The KPIs given out here are as follows:

• Total Revenue
• Orders
• Average Order Value
• Profit Margin
• Profit & Loss statement

With the help of the given KPIs displayed at one place in the Dashboard provides aid to the business in keeping track of their performance in different areas and how they can enhance their business growth.

11. IT Operations Dashboard

Most companies have an IT department responsible for monitoring their IT infrastructure to ensure smooth business operations. To support this department, an IT Operations Dashboard has been introduced that offers the real time insights in their daily activities.

This Dashboard carries out the following benefits:

• Real-time monitoring
• Data-driven decision making
• Security monitoring
• Efficient resource allocation
• Compliance and governance

To best represent the workings in the IT infrastructure of the company, we will be sharing the above example that brings out different metrics that can be tracked when monitoring the hardware and software operations that power up the company.

The key metrics used in this dashboard are:

• IT spend vs plan
• Incidents
• New people in last 30 days
• User growth

[Image Credit: Logit.io]

The insights obtained from these metrics ensure that the IT operations are running smoothly and efficiently in the company by minimizing downtime and enhancing overall performance.

Conclusion

Reaching the end of the blog, we have learnt a complete overview of the Power BI dashboard and the key metrics to consider when creating one. The Power BI dashboard ideas illustrated here demonstrate how beneficial this tool in the modern business landscape.

The Power BI dashboard illustrates its use in different areas and how well it is beneficial in the Corporate World. With its use the end user can obtain valuable insights from the daily workings in different departments of the Organization. 

Adapting this Business Intelligence tool has helped in automating the manual processes of the business and has also driven growth.

We at ScaleupAlly assist businesses with their Power BI needs, helping them harness the full potential of their data.

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