What are the key features and benefits of using AI-powered KPI dashboard tools?

Kex performance indicators have been around since businesses have existed. Most commonly used KPI are the financial ones - revenues/growth and profits. With the disruptions in business models, traditional KPIs are no longer a good indicator of the health of the business. Hence, a need to align the KPIs to that of the long-term strategy of the organization. A good KPI dashboard is not only one that has clear measures for the success of the strategy but also one that is adaptable to the changing needs of the business.

It's Key indicators/Metrics for the current Business Of organisation (process/helath levels) visuals. It's directing to change Management present level to Improvement, Define the problems , Measuring, analyse the data ,improve and control. ( Planning, process,Produvity, Defect rate, OEE, safety ,OTIF, WIP, Sales, Material stocks...etc)

AI Dashboard in significantly boosts efficiency and productivity by automating routine tasks and optimizing complex processes for Operations real time data -Up-to-date progress evaluation -Provides at-a-glance visibility Proper tracking and analyzes over KPIs Trend analyzes Operation

Why use AI to select KPI’s? New technologies can assist with reducing excessive KPI’s and identifying key metrics for real performance results. The benefit of AI is easily observed in metrics selection. AI has the ability to accurately predict future events by synthesizing historical data and information from multiple sources. This level of analysis is not feasible without the use of AI. Most companies would find it impossible to collect and process such high volumes of data. Normally this would be cost prohibitive and technically unavailable. Tracking metrics for performance yields better results when AI establishes which measurement will have the greatest impact. #SupplyChain #metrics #AI https://bit.ly/3Pgf4d0

There is a convenience and reliability tradeoff. While AI provides faster insights, they may not be deeper or smarter than those generated by a group of diverse and adaptable minds.

The biggest challenge any organization has today is knowledge mining - getting the best out of the knowledge that already exists within the organization. This is especially true when you are using a KPI dashboard as more than a reporting tool - you want to see trends and make decisions based on trends. AI is the solution to mining existing information within an organization and extending it to the industry as well, as to analyse trends.

Selecting the right AI-powered KPI dashboard tool for your business entails a comprehensive assessment. Start by scrutinizing its functionality and how seamlessly it aligns with your specific KPIs and data sources. Flexibility is key; ensure the tool can adapt to evolving needs, mirroring the scalability of cloud-based services like Microsoft Azure. Prioritize security and data privacy compliance, akin to GDPR standards, to safeguard sensitive information. Assess the quality of customer support and regular updates, taking inspiration from Google's customer-centric approach. Lastly, consult user feedback and reviews to confirm the tool's ability to meet the diverse needs and expectations of its user base.