Walmart Financial Forecasting
The problem:
Decisioning is done in silos where access to uniform data and reliance on manual processes leads to being more reactive than proactive, slows down process, and reduces accuracy.
The solve:
Leverage the Intelligent Business Growth (IBG) team to centralize financial planning with more dynamic workflows and automate opportunity discovery with internal AI technologies,
Product Team
Mark - Product Manger
Matthew - Systems Designer
Juan - Product Designer
My Role
Product Designer
IBG utilizes the “OODA” loop model (Observe, Orient, Decide, Act) to describe how company teams we support iteratively discover and compare scenarios during financial analysis.
Demand Sales Forecast
The demand sales forecast establishes a sales and units baseline. Finance users can select and adjust various layers to build multiple scenarios and compare them against each other. Our goal was to empower finance users to successfully experiment in one place by providing greater flexibility and speed when comparing different projections within a complex forecast.
Business Monitoring
The business health workspace provides quick access to accurate data in powerful visualizations that help our users surface insights for action. Analysts can opt in to getting notifications that meet customized boundaries, encouraging actionability. We built the tool so that identifying KPIs existed on a centralized, streamlined dashboard, enabling more efficiency.
Company P&L
In the P&L space, teams can collaborate on financial projections and visualize how their plans will impact the rest of the business. With all users pulling from a single data source, they can gain visibility to other team’s progress, gaining a more holistic understanding of business projections in Walmart finance.
Portfolio Initiatives
In the portfolio space, initiative owners can create robust documentation of their project plans and seek out approvals with collaborators and managers. Senior managers can see which initiatives will have the most impact and then decide which to implement. Our key goals when building this workspace were to offer a more dynamic workflow, standardize decision-making processes to create governance, and to create transparency and accountability to historical decision-making.
