4 Ways a Data Analytics Dashboard Optimizes Dealership Operations

Originally published November 11, 2021. Updated March 20, 2024
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Data analytics is moving to the center of the conversation in how heavy equipment dealers approach system management – from managing important data to streamlining communication between warehouses.

Whether you manage a single-location operation or an international enterprise, the right data analytics dashboard informs future decisions and ensures your business continues to run smoothly. In this post, we’ll share four ways dealerships leverage data analytics and business intelligence (BI) tools to foster long-term success.

 

1. Scalable Automation

 

Outgrowing your technology is more than just a growing pain; replacing your entire data analytics dashboard is a time-consuming and tedious undertaking for your whole company. There’s nothing worse than your dealership’s technology being unable to scale along with your business. It requires new programs to be implemented, new training and certifications, and can lead to onboarding confusion.


BP1 - 1.  Scalable Automation
As a result, more and more companies are leaning toward automated analytical solutions that grow with them. These BI solutions can assist your growth by streamlining your services for more efficient daily operations. They also make it easier to adopt repeatable processes and keep all of your teams on the same page, even across locations and departments.

 

2. Comprehensive Tools

 

No matter the size of your dealership, having a comprehensive data analytics dashboard that encompasses all your business’s data is a must. With a BI system that operates across your entire platform, your employees will have total visibility into what other departments are doing and can operate smoothly.

Imagine how efficiently your operation would run if the departments of order fulfillment and inventory management communicated within one easy-to-use platform. This is a reality manufacturers are turning to.

 

3. Data-Driven Core Business Functions

 

Utilizing a tool that empowers your data to work for you can create better efficiencies across your entire organization.


BP2 - 3. Data-Driven Core Business Functions
Numbers aren’t just used for sales departments anymore. An intuitive data analytics dashboard can assist in full company operations, as well as provide key insights into what is working for your business and what isn’t. This can help you cut down on wasted time, set new dealer-wide goals, and scale at a faster rate.

 

ALSO READ: "What is Business Intelligence for Heavy Equipment?" our online guide that explores how dealers use BI to make informed decisions, increase efficiency, and drive their businesses forward. 

 

 

4. User Experience Upgrades

 

Users want simple and engaging analytics tools – they shouldn’t have to jump through hoops to get the information that they need. All-inclusive dashboards fulfill users’ needs and help employees at every level of the company.

Programs aren’t just for developers anymore. As more and more companies are automating their services and improving their systems, user experience has been at the front of everyone’s minds. Whether you are working in the warehouse or a head office, having access to a dashboard that hosts all of your dealership’s reports is necessary.

Trends are shifting every day with the addition of new technologies. TARGIT is here to help you stay ahead of these curves by providing a BI system that scales and adapts to your business as it grows.

See what TARGIT can do for your dealership by requesting a demo.

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Originally published November 11, 2021. Updated March 20, 2024