Having read these true facts about quality, can you expect your deliverables lacking the same? No. Never. This is where an automated QMS aids you to deal with the concerning issues of conformance, compliance, and low quality and overcome these for a company’s progression.
Traditional businesses are finding it hard to compete with ecommerce stores today. The ecommerce onslaught is still in its infancy but growing at a phenomenal pace. As per Statista, the retail e-commerce sales worldwide amounted to 2.3 trillion US dollars in 2017 and e-retail revenues are projected to grow to 4.88 trillion US dollars in 2021. And this is just the B2C market ecommerce market.
The market size for B2B ecommerce is even bigger. Frost & Sullivan projects that B2B eCommerce will hit $12 trillion in sales worldwide by 2020.
Business process automation is advancing with digital technologies. Many traditional industries and businesses are now adopting digitization and business process automation for their day to day operations. Companies are looking to focus on their core business operations and automating things wherever they can for efficiency and scale. The market for business process automation is growing quite rapidly.