To say the supply chain has been a bit of a mess lately is a bit of an understatement. Since the COVID pandemic, the supply chain has been extremely volatile, if not downright chaotic. While we can hope for things to improve sooner than later, we should all plan for disruptions and challenges to continue on over the next couple of years.
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.
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.
A global shortage of computer chips is causing auto makers to cut production just as consumers are flocking back to dealerships as the demand for cars rises. With fewer models on lots, dealers are raising prices in order to keep bottom lines healthy. While consumer demand is still healthy, sales volume is on the decline due to inventory shortages.
The COVID-19 pandemic has brought significant changes to both work and home environments, with more people working from home than ever before — and many families considering moves to less crowded areas of the country.
The hospitality and entertainment industry faces constant disruption. Understandably, entertainment companies want to leverage new technologies to streamline their operations, considering the labor involved in their previous processes. One way entertainment organizations can deliver an enhanced experience to customers and reduce costs is by implementing a document management solution.
Every company needs to improve its operational efficiencies to remain competitive. As technological disruption continues to put pressure on traditional business models, it’s becoming more essential to find a unique advantage for today’s companies. While organizations may consider digital transformation as just another buzzword, it does provide companies with many opportunities to reimagine and revamp their business processes.
For manufacturers, adopting modern technologies to improve their processes is a regular practice. Production managers know the benefits that digital systems can bring to their operations. From using e-commerce solutions to sourcing raw materials or components to leveraging advanced design and testing tools that help ensure the quality of every product, manufacturers know that technology remains a primary enabler for continued success.
Digital transformation is sweeping across the business world, leaving no company or industry untouched. As more and more businesses undertake the process, it’s becoming clear that it will soon be a necessary step for any company that wishes to survive.
Cost reduction and cost control play an essential role in providing patients with world-leading treatments and critical care. Behind every sufferer, stands a dedicated team of nurses and doctors waiting to lend a helping hand.