Understanding the dashboard
The Purchase Order dashboard provides a consolidated view of all purchase orders, highlighting key metrics such as purchase order status, purchase trend analysis, and budget adherence. It helps businesses quickly identify delays, manage inventory levels, and streamline procurement processes for better operational efficiency.
Why is it important?
The Purchase Order Overview dashboard provides you with the following relevant information:
It provides a snapshot of all purchase orders, allowing businesses to monitor order statuses and delivery timeliness effectively. This helps quickly address any delays or issues, ensuring that orders are fulfilled on time and reducing disruptions in the supply chain.
By highlighting budget adherence and expenditures associated with purchase orders, the dashboard aids in financial oversight. This enables businesses to stay within budget, manage costs more effectively, and make informed decisions about future purchases.
Explore the Purchase Order dashboard by clicking through the interactive demo below!
Interactive demo
Dashboard FAQs
What does a decrease in Total Purchases over time mean for a business?
A drop in Total Purchases might signal problems such as lower customer demand, possible revenue loss, or issues with customer retention. It could also point to operational changes or financial health issues. To address this, the business should look into the reasons behind the decrease and consider actions like boosting marketing efforts, improving product offerings, or adjusting prices.
How can you find out Total Purchases for a top supplier over a specific period?
You can use the dashboard to see Total Purchases for a top supplier by clicking on the supplier’s name in the graph. This updates other charts on the dashboard to show how purchases with that supplier have changed over the defined period.
How do you track cancelled Purchase Orders for each supplier?
To see cancelled Purchase Orders, click on the section of the graph that represents these orders according to the legend. The dashboard will then show which suppliers had cancelled orders.