Many nonprofits were hard hit by the pandemic, especially those that did not have large reserves of capital upon which to lean. As they move toward recovery, nonprofits are realizing that the member landscape has shifted and there is a new climate when it comes to generating needed funds. Smaller donors are less able than ever to be able to offer support, but our culture is becoming more focused on the things that nonprofits provide — value-focused services to underserved communities.
In the world of construction and contracts, project success is the key to building customer loyalty and trust — and developing a reputation that will keep new customers seeking your services. In loose terms, the success of a project is defined by how effectively the outlined goals and objectives are met and, of course, if the project can be brought to completion on time and under budget.
As an important channel between the global supply chain and the economy, wholesale distribution companies move behind the scenes, finding and distributing needed goods to their customers across the globe. However, the recent coronavirus pandemic has challenged these organizations with the impact of unpredictable demand fluctuations, disruptions in the supply chain, and increased workforce health and safety issues, all of which have placed an incredible strain on business-to-customer relationships.
BST Global’s report on the State of the AEC Project Lifecycle showed that the Architectural, Engineering, and Construction (AEC) sector is still accumulating data through all phases of its operations, but is remaining incredibly inefficient at processing — and getting the benefits of — this data. While project documentation is on the rise, many firms are still using old-school strategies such as paper spreadsheets to track work, leading to increased operational inefficiencies as well as reduced project success.
Data capture and its associated technologies — barcodes, QR codes, RFID, and others — are critical pieces of the data gathering process that is intrinsically valuable to all businesses. However, the world of logistics — from manufacturing floors to warehousing, distribution centers, transportation hubs and more — is particularly well-served by strong data capture and handling techniques.
If you run an advertising or public relations firm, you are focused on providing targeted campaigns that will help your clients excel — and improve their bottom lines. And every good marketing professional understands that the crux of any campaign begins with data. Data management of a customer database is a critical element to moving your revenue forward — and its one that you can use within your own firm to increase your own customers’ lifetime value and grow your profits.
The car buying and selling business is a paper-heavy process. From test drive documentation to deal files, job cards, trade forms, and invoices not to mention marketing materials, the average car dealership can plow through a mountain of paper every year. In fact, if the processes surrounding this paper mountain were digitized in just one dealership, owners could expect to save over $275,000 in just a handful of years.
One of the biggest challenges in the hospitality industry is how to encourage patrons to go back into restaurants, hotels, and other vacation or tourist venues as remnants of the pandemic continue to fade. In considering this, certain trends jump to the forefront for the forthcoming year that all hospitality trades — from hotels, motels, inns, and bed and breakfast establishments to restaurants and entertainment venues — should consider.
Collaboration is an essential part of any architectural, engineering, and construction (AEC) project. Most projects require significant teamwork among a group of diverse professionals and their support staff. With so many information-dense projects, constant — and accurate — communication is a key strategy to ensure projects are completed on time and within budget.
Since the incredible disruption posed by the ongoing coronavirus pandemic, there has been increasing interest in the warehouse automation and sophisticated technologies that help secure and improve the manufacturing environment. In spite of this trend however, nearly 80% of warehouses currently feature no automation at all. In fact, last year there was a decline of 6% in the warehouse automation market. However, 2021 shows an almost 40% increase in market growth with that growth continuing into $37.6 billion by the year 2030.