The boundaries between physical & digital are blurred. The old established businesses & companies are facing threats from unexpected quarters every day. Technology is powering businesses now. The rate at which these new companies are growing is alarming. Digital is the way forward. Marketing and the way products/services are consumed is also changing. Businesses who are making use of digital marketing are winning the market share, delighting their customers & leading the way.
The success of a company is determined by the efficiency of the processes that the company uses when providing any form of service to its clients. These processes include both employee management processes and customer management services. Technology has revolutionized the art of doing business. Therefore, companies that have inculcated automated systems into their processes have acquired a competitive edge over their rivals. The numerous benefits that are accrued when using an automated system include:
Analysts examine the top trends in the industry every year. The top 10 technology trends dictate how future will shaped. These trends impact companies & the world for years to come.
There are factors that also denote significant impact & high potential disruptions to the business and its owners around the globe. So here are the top 10 technology trends as of 2015:
Has your organisation ever faced crisis due to inadequate availability of critical items? Or excess quantity of items which are unutilised & lead to occupancy of space, leading to damage & loss. Is your stock up-to-date to meet the varying demands in the internet driven consumer age? If you are feeling overwhelmed with day to day complexity of your inventory, then it may be time to consider a Warehouse Management System. Here is a quick look at the best practices implemented by the top enterprises around the globe to manage their warehouses
Supply chain management is one of the key processes to achieve an organisation’s business objectives. For some industries, it is the most important facet around which the key operations revolve. The complexity of dealing with key personnel, supply & demand of assets increases with the growth of a company. Dealing with them in the most efficient manner to maximise utilisation of resources, reduce time lag between demand & supply & ultimately having accurate data to predict things can generate tremendous value for a company. All this can be done with automation of your supply chain management. The introduction of IT can help an organisation to benchmark its SCM with best practices tailored to their needs. A good Supply chain management will ensure the following:
CRM or also known as customer relationship management is a tool used for managing the company’s business interactions with their current and prospect customers. CRM is often involved in some technologies to synchronize sales and support customer service. So here are the 12 rules to make the best of CRM.
Information today is travelling faster than the speed of light. The organisations today are overwhelmed with the complexity & amount of information. The pace of change is phenomenal. There is pressure to improve growth, manage customers, meet stakeholder expectations, beat competition & produce top results in an ever changing landscape. Most organisations are finding it tough to deal with the change, yet others are moving ahead with greater agility & adopting digitisation to their benefit. The digital disruption is blowing away traditional enterprises.
There are several ways to meet the best returns from customer relationship management application for your growing business, and knowing the basic step would be a ladder to your success. It’s not all about complicated graphic artistry, or high tech programming, it’s something that seems unsophisticated. So here are some of the helpful tips about benefits of design innovation.
So, what is asset management? As per the ISO 55000 standards, Asset Management is co-ordinated activity to realise value from assets. Companies around the world face a daunting task of preparing fixed asset register & compliance with accounting standards. They spend countless hours with auditors every year to get things right. The whole process is chaotic, dreaded & inefficient. So, what is the way out of this predicament? Well, it seems that some of the most successful companies around the globe implement systems to improve maturity of asset management processes & align with international best practices.
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