What is an Open Orders Dashboard?

Open order-related dashboards are considered operational planning and analysis tools and are used by Analysts and Production Managers to monitor their ability to fulfill sales orders in a timely manner. Some of the main functionality in this type of dashboard is that it enables managers to slice and dice orders and related production metrics from five different perspectives, including: 1) Monthly trend in Plant order value and total order value, 2) Each plants’ percent of total company orders, 3) Monthly open orders by month with metrics for order value, order product costs, sold quantity, available quantity, available quantity forecast, Net stock quantity (backlog), and production quality, metrics for order value by plant with order value and percent of total for all plants, and 5) Order quantity by product with metrics for: Total order quantity for all plants, order quantity by plant, index for plant versus company total. You find an example of this type of dashboard below.

Purpose of Open Order Dashboards

Manufacturing companies use Open Order Dashboards to monitor their sales orders and ability to deliver product quantities to fulfill these orders on time and with expected quality. This includes benchmarking across plants. When used as part of good business practices in Financial Planning & Analysis (FP&A) and operations departments, an organization can improve and speed up its production planning, revenue optimization and related strategies, and it can reduce the chances that sales and profits suffer because of lack of management insights.

Example of an Open Order Dashboard

Here is an example of an Open Orders Dashboard for a manufacturing company with analysis of metrics like sales, forecast and backlog.

Example of an Open Orders Dashboard for Manufacturing Companies

Example of an Open Orders Dashboard for Manufacturing Companies

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Executives, sales managers, analysts, plant managers, production managers,.

Other Reports Often Used in Conjunction with Open Order Dashboards

Progressive Financial Planning & Analysis (FP&A) and operations departments sometimes use several different Open Order Dashboards, along with profit & loss reports, cash flow reports, corporate financial dashboards, sales forecast, annual budgets, detailed sales order reports, inventory 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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