For every business, data is the most important thing. Through visualization, enterprises can productively take advantage of massive business data and get insights. Understanding the benefits, many SMBs and leading organizations are implementing data visualization tools within their infrastructure. One of the leading visualization tools used by enterprises is Tableau. For the last two decades, Tableau has successfully helped 126,387 enterprises move in the right direction and make smart decisions from the business data gathered and analyzed.

What is Tableau?

In general, Tableau is a data visualization tool that helps enterprises analyze and report huge volumes of business data. By using Tableau, enterprises can convert their data in the form of visuals such as dashboards, graphs, maps, infographics, videos, charts, slides, and others. All these mediums can be used for envisaging and understanding data. Visualizing the data enables experts and decision-makers to interrelate the data, find insights, and make data-driven decisions.

Understanding Tableau Dashboard Development

Simply put, a dashboard is an advanced visual display of business data. A dashboard is an assortment of worksheets allowing users to analyze multiple views at once. Dashboarding in Tableau allows business users to access and utilize the data through creative and real-time visualization and also helps in optimizing operations. The dashboard generator reads and processes the data samples and as a result, the report gets generated in the HTML file format.

Any dashboard that is created using Tableau public or desktop can be embedded into websites, blog websites, or social media accounts for public consumption. This way, organizations can interact with their audience extensively and drive brand value. By teaming up with the right Tableau dashboard development team, enterprises can build custom dashboards and improve KPIs and ROI.

Why Tableau for Dashboard Development

• Easy to Use – Tableau offers a user-friendly drag-and-drop interface that makes the entire dashboard development process easy. Tableau users don’t even need to write a single line of code to build dashboards.
• Consolidate Diverse Data Sets – Dashboard development using Tableau allows enterprises to combine different raw data sources which may be structured, semi-structured, or different relational data without any massive upfront integration costs.
• Fast Data Analysis– Through a mobile responsive website or a mobile app, dashboards can be accessed by both business users and end-users anytime and anywhere. This way, users can impeccably drill down into the data and get fast answers to any question.

Key Examples of Tableau Dashboard Development

1. Sales Analytics Tableau Dashboard

A sales analytics dashboard allows sales teams to monitor and analyze KPIs and distribute this information throughout the enterprise. Some types of sales analytics dashboards that can be developed using Tableau include:

• eCommerce Sales Dashboard – By developing this dashboard, users can view the revenue generated for each product category. It compares the price of the product against the revenue acquired over it. This way, eCommerce retailers can make pricing changes for the products and enhance sales.
• Regional-Wise Sales dashboard – It helps enterprises keep track of all the sales generated from different physical outlets or regions. This dashboard also allows sales managers to research deeper into the data and discover which product from which region is driving sales.
• Administrative Sales Dashboard – Administrative Sales Dashboard offers comprehensive details of all sales activities of an organization. It offers a view of total profit, sales, shipping, expenses, etc. The dashboard is also capable to offer enterprises details on the supply chain.

2. Financial Analytics Tableau Dashboard

A financial analytics dashboard acts as a management tool that helps enterprises track all their significant finance KPIs, allows for efficient cash management, and enables them to monitor expenses, profits, and losses in order to fulfil the financial goals of a department or company. Experts from the right Tableau consulting firm can build a range of financial analytics dashboards using Tableau, such as:

• Profit/Loss Dashboard – The profit/loss dashboard displays statistics on earnings before tax, revenue, earnings post-tax, cost of operations, etc. It also updates the details in real-time or periodically and helps enterprises understand financial performance based on historical data comparison.
• Employee Expenditure Analysis Dashboard – This dashboard helps enterprises to set a budget limit and how to allocate funds for employees across departments.
• Accounts Receivable Analysis Dashboard – It is helpful for financial supervisors who are responsible for monitoring unpaid invoices or bills and their impact on the bottom line. It offers data on the average number of days to settle bills.

3. Customer Service Tableau Dashboard

A customer dashboard is a pictorial representation of any data that impacts user experience, customer loyalty, or customer retention. Types of customer service dashboards that can be developed using Tableau include:

• Ticketing Dashboard – It offers information on all key performance indicators that a customer management team generally considers. This dashboard offers data on how well the helpdesk team is managing the tickets raised by customers. Average Response Times, Active Open Tickets, Closed Tickets, and Tickets per particular status are some of the key KPIs that can be tracked using this dashboard.
• Customer Team Performance Dashboard – This dashboard is ideally used by supervisors to observe the performance of the team and record all the progress of tasks allocated. It offers information on the calls attended by individual customer executives and helps in the allocation of incoming and outgoing calls.

Summing Up

On the whole, leveraging data visualization is essential for modern enterprises to get upright insights and make appropriate decisions. Handling large data sets and altering them into justifiable reports is vital for an organization’s growth in the digital era. Tableau helps enterprises resolutely gather, store, share, report, and utilize data and rapidly enhance business performance.

The post How Tableau Dashboards Help Enterprises Make Smart Business Decisions appeared first on Tech Web Space.

In short, Digital Transformation in the manufacturing sector is RPA (Robotic Process Automation). RPA is an innovative software technology that can be certainly configured to automate repetitive tasks. Leading manufacturers are increasingly adopting RPA to improve their back-end processes by alleviating manual errors. The cost advantages associated with RPA are also a big attraction to this race. RPA helps in automating time-intensive manufacturing operations while accelerating the speed of delivery as well as eliminating challenges in the sector.

Key Challenges Encountered By Manufacturing Firms

1. Improper Demand Forecasting – This is one of the main challenges for manufacturers. Most manufacturing enterprises lack active monitoring systems that would help them to estimate or predict how many goods they should trade in the upcoming weeks, months, or years. As a result, companies make poor decisions about their products and fail to meet customer demands.
2. Traditional Inventory Management – Conventional inventory management or stock checks are ineffective and prone to errors. Using traditional systems, manufacturing industries risk their profits along with their relationship with consumers.
3. Manual Invoice Processing – By following manual invoicing processes, manufacturers waste time obtaining, transferring, and sanctioning invoices. This is a tiresome process for the workforce and creates more possibilities for human errors.

However, implementing a cloud-based RPA (Robotic Process Automation) solution can relieve the workforce from all these aforementioned challenges. An RPA solution powered by Cloud automates mundane tasks and modernizes business operations by deploying bots instead of humans.

Introduction to Cloud-Based RPA

Simply put, RPA on the cloud is a grouping of two advanced technologies. Cloud RPA offers all of the agile features of RPA along with the cloud’s capabilities. Formerly, RPA applications were deployed as on-site tools for enterprises. However, the on-site deployment approach requires enterprises to ensure substantial IT support for the maintenance of infrastructure.

But, with the support of recognized RPA consulting service providers, enterprises can migrate the whole infrastructure to the cloud, scale rapidly and attain higher ROI. Moreover, Cloud RPA allows organizations to remain versatile and tech-savvy. Using a cloud-based RPA tool can incredibly enhance the speed at which organizations develop, deploy, and manage applications.

Cloud RPA Use Cases in Manufacturing Sector

Logistics Administration

Every manufacturing enterprise has a Logistics Management System to organize the distribution of their finalized products to consumers. By integrating the logistics management system with a cloud-based RPA tool, manufacturing businesses can enhance back-office operations like recording customer data on web portals, tracking a trailer, planning a delivery, etc.

RPA with Logistics Management System allows manufacturing businesses to efficiently monitor the shipping of products. When an enterprise is having several freight systems and insurances, the Cloud RPA tool will spontaneously prepare the report specifying the best transit time, price, and insurance opportunities. Manufacturing enterprises can have the real-time delivery tracking option by integrating RPA with the Logistics Management System. This will provide better transparency for both businesses and customers.

BOM (Bill of Materials) Generation

In the manufacturing industry, the Bill of Materials (BOM) is a crucial document that comprises of information regarding the number of raw materials, components, sub-components list, and other specifics required for the creation of a new product. BOM includes everything about a product from its stage of ideation to the phase it is transported. Understanding and creating a manual BOM document that covers a product’s whole concept is a challenging task to perform.

Besides, manual creation involves a lot of effort and time with higher opportunities for errors. These errors can be devastating and can result in massive losses and financial penalties for manufacturing companies. Cloud RPA in the manufacturing industry ensures ensure error-free BoM generation and smooth product creation without any flaws. A Cloud RPA tool eliminates the necessity to handle spreadsheets, strengthen supply chain procedures, and organize BOM generation with better accuracy and compliance.

Inventory Management

The manufacturing enterprises handle a pile of bookkeeping in inventory management. This approach results in bigger data security risks for organizations as paper-printed inventory records can be easily misused, manipulated, or lost. Moreover, sharing inventory documents in a paper-based approach makes the process inefficient, and complicated. However, automated inventory management helps manufacturing enterprises overcome greater labor costs, slow order processing, and complicated inventory write-offs at the close of every year.

To efficiently automate inventory management, organizations can hire the right RPA Development services provider to implement the right Cloud RPA software. With a Cloud-based RPA solution, manufacturing enterprises can automate file invoices, emails, delivery procedures, and digitize paperwork. Moreover, cloud RPA automation provides inventory supervisors with real-time reports about the stock levels so that they can monitor the availability and make better decisions based on previous information.

Customer Service

In the era of experience as an economy, customer experience is one of the most crucial aspects of the manufacturing sector. By using a Cloud RPA tool, manufacturing enterprises can implement a smart Customer Service Management (CSM) that impeccably integrates with various business systems. The CSM facilitates the orchestration of tasks among customers, customer service, and other departments to quickly resolve requests and issues. The customer can interact with the CSM through a self-service portal or a Chatbot application.

Wrapping Up!

Cloud RPA tools will help manufacturing industries swap their ineffective and error-prone manual methods with advanced and cost-saving digital solutions. RPA bots can help increase the speed at which routine operations are performed, thereby enabling manufacturing enterprises to improve production. Cloud RPA tools relieve the workforce from executing mundane tasks, therefore time and resources can be invested for better purposes that require human intelligence and involvement.

The post Why Modern Manufacturing Enterprises Should Use Cloud-Based RPA Solutions appeared first on Tech Web Space.

As per a report from Tech Data, around 9.3 percent of all lifestyle stores are built on Magento 2 and around 5.3 percent of ECommerce websites are on Magento 2.

Magneto’s share in the online marketplace development can be attributed to its features such as – easy management of layout, interactive design, better production view, cross-sale features, real-time recommendations, admin navigation, and more.

Both Magento 1 and Magento 2 offer a wide range of features however, Magento 2 is slightly better due to its support for progressive web apps, faster check-ins, enhanced security-based features and various other enhancements. 

If you are looking to onboard an eCommerce platform or are looking to migrate to a holistic and high-performant platform in  the near future, consider the following points in favour of Magento 2:

 1. Enhanced Performance Parameters

With Magento 2, the server responds to user requests within the blink of an eye increasing the user experience and reducing cart abandonment. There are numerous enhancements in Magento 2 that makes it a great eCommerce development platform:

1. AJAX Cart– By using AJAX Cart, a user can add items to the shopping cart without having to reload the entire page. With this, businesses get improved conversion rate and ability to offer consistent user experience. 
2. Improved Cache– With Magento 2, developers leverage HTTP accelerator and varnish cache that allow them to cache the records making product information editing super easy.
3. Hosting– Magento 2 allows businesses to host storefront on multiple servers, ensuring efficient handling in cases of higher traffic.
4. Composer– It is a dependency management tool that allows businesses to reuse third-party libraries without tying up the source code and helps in reducing major extension conflicts.

2. Checkout Optimization

Checkouts are an important factor for converting prospective users into customers. In the absence of easy checkouts, businesses face cart abandonment that affects their conversions. However, with Magento 2, developers are able to improve the checkout process. Unlike Magento 1 that had a six-step checkout process, Magento 2 only has a two-step check out process.

The checkout process in Magento 1 consisted of checkout method, billing information, shipping information, selecting of shipping method, payment information and in the end the order review which was quite a time-consuming process. With Magento eCommerce development, developers can offer a way for users to opt for the guest checkout option without having to register hence speeding up the process. 

Also, Magento 2 offers dynamic shipping rates. Businesses can now set up shipping rates according to geographical location and adjust it based on country, state or postcode allowing them to make changes as desired.

3. Improved Indexing and Toolkit

Indexing is a process that enhances the query processing speed and also impacts the performance of an eCommerce website. With Magento 2 businesses can leverage the indexing feature and create index tables which can then be updated regularly. 

If you have a website that requires a large number of product updates on a frequent basis or if you run a lot of promotional offers then ask your Magento Web Development Company to leverage the latest version of it that is Magento 2.3.4 or above (for future purpose) as it has better indexing capabilities.

Additionally, Magento 2 offers a great toolkit that enables business owners to make their custom store settings. The toolkit helps in optimizing web page loading speed, enhances database flexibility to handle peak loads, improves SEO, and facilitates developers to make custom changes in the backend.

4. Higher Compatibility

The Magento 2 platform is compatible with PHP frameworks like Zend, CodeIgniter, and others that make development much easier. Due to this, developers can integrate third-party applications, tools, cloud services, etc. into eCommerce websites/apps without any difficulty. 

Moreover, unlike other eCommerce platforms, Magento offers extensive database support as it works well with Oracle, MySQL, and Hadoop. For instance, with Hadoop, an eCommerce development company can provide real-time insights and faster data migration. Also due to hundreds of themes, modules, widgets and extensions, businesses can get eCommerce web solutions that are scalable, efficient and fit all screen sizes.

Key Takeaway

Magento 2 offers various tools for customization, database handling, marketing, and catalog management in eCommerce websites. Its powerful features of automatic updation, increased compatibility with frameworks and databases, mobile-friendliness, advanced SEO support, and fast data export/import makes it a desirable platform to choose for eCommerce development.

If you are looking to migrate from Magento 1 to Magento 2 then the project duration for migration would depend on the amount of customization in your previous web store and also on the capabilities of your Magento Development Company.

Whether you are upgrading to Magento 2 or you are looking to migrate to it, Magento is a great choice for eCommerce development and its easy maintenance and simple customer management features make it an even more desirable option for businesses worldwide.

The post Unleash the Potential of Magento 2 for ECommerce Web Development appeared first on Tech Web Space.