Technology is tricky. Much of today’s software is engineered so well that it will perform adequately for years. But new and better features are being created all the time. And if you’re not getting as ...
... out the best solutions. Of course, you can’t conduct cycle counting once and expect a cure-all. You’ll need to use it regularly. Use technology With all this data flying around, you need the right ...
Most businesses approach technology as an evolving challenge. You don’t want to overspend on bells and whistles you’ll never fully use, but you also don’t want to get left behind as competitors use the ...
... as possible? Are we paying reasonable prices for supplies or materials while maintaining quality? Can we upgrade our technology to minimize labor costs? A good way to determine whether your company’s ...
... in danger of being cut off or limited from any of them? For example, do you own state-of-the-art technology that allows you to produce superior products or offer premium services more quickly and cheaply ...
“Blockchain” may sound like something that goes on a vehicle’s tires in icy weather or that perhaps is part of that vehicle’s engine. Indeed it is a type of technology that may help drive business worldwide ...
... without disruption during and after a sale. 3. Upgrade your technology. Buyers will look much more favorably on a business with up-to-date, reliable and cost-effective IT systems. This may mean investing ...
You’ve probably heard or read the term “big data” at least once in the past few years. Maybe your response was a sarcastic “big deal!” under the assumption that this high-tech concept applies only to large ...
The artificial intelligence (AI) revolution isn’t coming — it’s here. While AI’s potential for your company might not seem immediately obvious, this technology is capable of helping businesses of all shapes ...
... include: Financial perils, Information technology attacks or crashes, Weather-related disasters, Regulatory compliance debacles, and Supplier/customer relationship mishaps. Because every ...
... There are, of course, other aspects to governance, such as establishing an ethics code and setting up protocols for information technology. Knowing yourself At the end of the day, strong governance ...