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Expense Monitoring & Analytics Portal for a Fashion Brand

The client is a renowned fashion brand specializing in clothing and accessories in the Middle East, headquartered in Kuwait. With operations spread across 6 countries and approximately 15 brands, the company manages around 140 stores offering a diverse range of clothing, luxury items, accessories, footwear, and fast fashion products.

  • Industry
    Lifestyle
  • Country
    UAE
Technologies
Expense Monitoring and Analytics
Years In Business
36+
Years In Business
Projects Delivered
3000+
Projects Delivered
Happy Clients
200+
Happy Clients
Countries Served
35+
Countries Served

Client Goals

The client aimed to design and develop a comprehensive business intelligence (BI) solution to effectively analyze expense-related metrics.

  • Analyze expense-related metrics including closing amount balance, profit & loss statements, and expense-related KPIs.
  • Gain detailed insights into financial data.
  • Facilitate better decision-making processes.
  • Improve financial management capabilities.

 

Business Challenges

Complex Reporting Needs

Complex Reporting Needs

The client struggled to create a set of reports and dashboards that provided detailed insights into their expense-related KPIs.

Data Management

Data Management

They faced challenges due to the vast amount of data sourced from different databases located across various locations.

Dashboard Performance

Dashboard Performance

Maintaining optimal performance for the dashboards with such extensive data was difficult hence they approached us to develop a comprehensive power BI solution.

Enhanced Interactivity

Enhanced Interactivity

They required functionalities like background customization for specific table columns and dynamic fetching of product images upon interaction with the dashboard.

  • We provided a structured development approach encompassing research, analysis, development, design, testing, and deployment phases.

  • Our team developed and launched customized BI reports and dashboards tailored to the client's specific requirements.

  • We utilized Tableau Online and Tableau Desktop for robust visualization capabilities, ensuring comprehensive data analysis.

  • Our experts implemented Tableau Actions to enable dynamic fetching of product images based on user interactions, enhancing dashboard interactivity.

  • We optimized dashboard performance by selectively hiding unused data fields and utilizing efficient data extracts, ensuring smooth and efficient data visualization.

Technical Solution

Project Glimpse

Fashion companies will face economic headwinds, technology shifts, and an evolving competitive landscape in 2024. However, shifting consumer priorities will continue to offer opportunities.

Core Features

Data Table Dashboard
Data Table Dashboard
Expense Analysis
Expense Analysis
Sales Dashboard
Sales Dashboard
Sales Inventory Analysis
Sales Inventory Analysis
Profit & Loss Statement
Profit & Loss Statement
Expense-Based KPIs
Expense-Based KPIs
Closing Amount Balance
Closing Amount Balance
Background Customization
Background Customization
Dynamic Image Fetching
Dynamic Image Fetching

Results and Achievements

  • 01.
    Streamlined Expense Monitoring

    Enabled easy monitoring of expenses across different stores, facilitating monthly, quarterly, and yearly comparisons.

  • 02.
    Performance Optimization

    Achieved optimal dashboard performance even with complex visualizations, ensuring smooth user experiences.

  • 03.
    Enhanced Decision-Making

    Provided user-specific, effective, and well-optimized visualizations and dashboards to support informed decision-making.

  • 04.
    Improved GUI

    Delivered an enriched graphical user interface (GUI) for a better user experience.

  • 05.
    Insightful Expense Analysis

    Allowed detailed analysis of closing balances versus budget allocations, improving financial management.

Expense Monitoring and Analytics - Result

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