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Users of Market Dojo may have noticed an extra tab located on their dashboard named ‘analytics’. This section is one of the latest features to be added to Market Dojo and gives a graphical representation of your history using the tool. Created by Vibhuti Laroiya as part of her Masters at UWE, who has kindly written this wonderful guest article detailing the features and benefits. Thank you Vibhuti!
Let, Market Dojo Do the Hard Work for You!!
Year 2016, kicked off with the technological and functional advancement of Market Dojo and an objective to make eSourcing more informative yet simple. Our mantra was “Business Intelligence (BI)”.
In agreement with the late Peter Drucker, a management guru, I too believe in “What gets measured, gets managed!” And, with a vision to improvise the management aspects of e-sourcing we kick started the Project called “Intelligent Market Dojo” in April, 2015. It all started with YOU as the centre:
“How can we help you to manage your events more efficiently?”
“How can we empower your decision making process to host an event in a most simplistic way?”
And, my experience and research led to the conclusion that BI / Analytics is the answer to the above questions.
Now, you must be wondering, how will you benefit from BI / Analytics?
Here are some of the benefits of Market Dojo’s Analytics:
Specially customised for you.
This dashboard will give you an insight to your events; moreover, the events you have been given access to, by other users. This feature, intelligently picks up the events “just for you” to generate summaries of your events, your suppliers and your average savings.
Simplified view of complex data.
The background data which might take you hours to calculate the desired summaries, is now converted into a millisecond affair.
More control of your data
You can easily and thus, remove the challenges to finding answers to complex queries like “How many suppliers have responded to my invitations, so far?” or “who to invite for my next event, based on the responses from your past suppliers.” This feature, will empower you to decide the reliable suppliers for your events which in-turn is expected to get you a quote from a highly competitive event / auction.
Another added benefit is a better understanding of Market Dojo’s capabilities. Once you have run an event with Market Dojo, you will be able to access the analytics tab. Your events are then summarised by ‘Event Type’, giving an overview of not only your activities run, but all your available options, and ‘Auction Type’, letting you see what Market Dojo offers here.
After a yearlong collaborative effort with a vision to enhance your experience of event hosting, we take pride to announce that this feature has been released for you to explore. So, let’s make the best use of Market Dojo and let Market Dojo do it all for you!!!
Market Dojo helps procurement professionals negotiate better with our on-demand eSourcing tools. If you’d like to find out more, get in touch or register for free and play around with our software for yourself!
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