Written by Nils R. | Jan 30, 2021 8:00:00 AM
What is
a
Transportation Carrier Comparison Dashboard
? Carrier comparison dashboards are considered valuable benchmarking tools and are used by logistics managers to compare performance and cost across their carriers. Some of the main functionality in this type of dashboard is that it provides graphical analysis for six key transportation metrics. These include: 1) Truck turnaround time (hours), 2) Average revenue per hour, 3) Truckload capacity utilized, 4) Transit time (hours), 5) Average revenue per mile, and 6) On time pickup. You find an example of this type of dashboard below.
Purpose of
Carrier Comparison Dashboards Distribution businesses use Carrier Comparison Dashboards to benchmark their carriers. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a company can improve its logistics strategies and decision-speed, and it can reduce the chances that managers don't quickly notice problems and outliers amongst their carriers.
Carrier Comparison Dashboard
Example Here is an example of a Transportation Carrier Comparison Dashboard to compare logistical KPIs. [caption id="" align="alignnone" width="2560"]
Example of a Transportation Carrier Comparison Dashboard[/caption] You can find hundreds of additional examples
here
Who Uses This Type of
Dashboard
? The typical users of this type of dashboard are: Logistics managers, transportation executives, COOs.
Other
Dashboard
s Often Used in Conjunction with
Carrier Comparison Dashboards Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Carrier Comparison Dashboards, along with inventory reports, demand forecasts, supplier reports, transportation rate forecasts, cost budgets and other management and control tools.
Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from management systems or 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)
Corporate Performance Management (CPM) Cloud Solutions and More Examples
