What is wearable technology? Although it is a familiar concept for many, it’s still a relatively new innovation and can refer to a broad range of products. One article describes it as “electronic technologies or computers that are incorporated into items of clothing and accessories which can comfortably be worn on the body”. Many of these devices […]
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The Risks and Benefits of Cloud Based Solutions
The importance of inventory management is inevitable and the benefits are widely known. For many businesses, this means turning to an inventory management system company to help them out. They understand the importance and seek the most effective system possible. One major debate by companies at this stage is whether an inventory system should be a cloud-based […]
How the Internet of Things (IoT) will Transform Inventory Management
There has been a lot of talk about the Internet of Things (IoT) lately, and how it is going to greatly impact our lives in ways that we can’t even imagine. DHL and Cisco are predicting IoT to give supply chain and logistics operations a $1.9 trillion boost over the next ten years. By 2020, […]
How to Successfully Collaborate with Your Supply Chain Partners
Here are five steps you need to take to develop successful supply chain relationships: Find suppliers with common goals In order to be successful, you and your suppliers’ goals should align. For example, let’s say your company strives to be environmentally responsible. Perhaps you already are acting on these goals, or this is something you want […]
How Technology is Changing the Future of Shipping
As technology changes, the world is changing with it. Today, it is rapidly evolving many different industries. In this post, we look at the innovations tech bring to future shipping solutions. Ships without Sailors According to Bloomberg Business, freight transported by ships accounts for 90% of the world’s trade movement. Many products need to go overseas to […]
Why Your Excel Spreadsheets Are Costing You More Than They Are Saving You
Using spreadsheets to manage your inventory when you have fewer than 100 items in stock might be doable. But if you expect your business to grow, and want to accelerate that growth, you should ditch the spreadsheets as soon as you can afford to do so. Companies using spreadsheets might find a gap between their production efficiency […]
