Purpose of Labor Productivity Dashboards Manufacturing companies use Labor Productivity Dashboards to monitor trends in headcount, labor costs and productivity. When used as part of good business practices in Financial Planning & Analysis (FP&A), HR and operations departments, an organization can improve its revenues and margins, and it can reduce the chances that managers miss important efficiency trends or outliers.
Example of a Labor Productivity Dashboard Here is an example of a Labor Productivity Dashboard with trends in headcount, costs and productivity.
Who Uses This Type of Dashboard? The typical users of this type of dashboard are: Executives, analysts, plant managers, production managers, HR managers. Other Reports Often Used in Conjunction with Labor Productivity Dashboards Progressive Financial Planning & Analysis (FP&A), HR and operations departments sometimes use several different Labor Productivity Dashboards, along with efficiency reports, profitability dashboards, human capital planning, HR reports and other management and control tools.
Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.
What Tools are Typically used for Reporting, Planning and Dashboards? Examples of business software used with the data and ERPs mentioned above are:
- Native ERP report writers and query tools
- Spreadsheets (for example Microsoft Excel)
- Corporate Performance Management (CPM) tools (for example Solver)
- Dashboards (for example Microsoft Power BI and Tableau)
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TAGS: Reporting, Planning, Forecasting, Analysis, Budgeting, CPM, ERP, Dashboards, Industry, Financial Reporting, Template Library