LitBuy: How to Visualize Data Trends Using Spreadsheet Charts and Analytics
In the world of procurement and supply chain management, data is your most valuable asset. For a company like LitBuy, effectively visualizing this data transforms raw numbers—from QC results to delivery times—into a clear narrative for strategic decision-making. Spreadsheet charts and analytics are the key to unlocking these insights. This guide will show you how to create powerful graphs that turn your procurement data into actionable intelligence.
1. Visualizing QC Results: The Bar and Pareto Charts
Objective:
How-To:clustered bar chartPareto chart
Strategic Insight:
2. Tracking Delivery Times: The Line and Histogram Charts
Objective:
How-To:line charthistogram
Strategic Insight:
3. Analyzing Spending Categories: The Pie and Treemap Charts
Objective:
How-To:pie charttreemap chart
Strategic Insight:
Creating a Unified Dashboard
For maximum strategic value, combine these key charts into a single analytics dashboard
Remember to:
- Keep it Simple:
- Update Regularly:
- Focus on Action:
Conclusion
For LitBuy, mastering spreadsheet charts is not just about creating graphics; it's about building a visual management system for procurement. By systematically graphing QC results, delivery times, and spending categories, you move from reactive data collection to proactive strategic insight. Start charting today, and watch your data tell the story of where you've been—and more importantly, where you should go next.