You can only run a business successfully if you understand what’s happening. In the past that’s been relatively easy, but as organisations become larger and more complex and rely increasingly upon technology, it’s easy to become overwhelmed with information to the point where you can’t see the important parts. Many applications, such as ERP systems and customer information systems offer insight into parts of the business, but it’s difficult to…Read More
RETAIL AND THE IMPORTANCE OF BEING INFORMED
In the modern world, no business exists in isolation. In the retail sector, perhaps more than any other, this means that information from customers, suppliers and distributors is vital to delivering effective services. Business to Business In order to succeed, retail and consumer companies are forging ever closer ties. This allows them to make better decisions, get goods to stores in a timely manner, and market them effectively. All of…Read More
Remove the Barriers and You can Close the Digital Divide.
You might think that as we become increasingly reliant upon technology in our everyday lives, any business would be keen to embrace the technological future in order to communicate better with its customers and improve profitability. However, research last year from the CBI and IBM (http://www.cbi.org.uk/news/digital-divide-among-uk-business-is-holding-back-the-economy/) reveals that there’s a growing digital divide emerging in the UK economy with a little over half of all companies embracing the digital economy…Read More
Closing the Digital Divide
Closing the Digital Divide – Seven things you need to get right in order to take advantage of the digitised supply chain. More than ever before, commerce today relies upon close collaboration between businesses at all stages of the supply chain. This enables suppliers, manufacturers, distributors and ultimately customers to benefit from a boost in performance, reduced time-to-market and lower costs. Ultimately this means bigger profits, but it also gives…Read More
How black was your Friday?
From being a purely American phenomenon, the idea of Black Friday sales has rapidly caught on elsewhere in the last few years. 2016 saw Black Friday sales in the UK reach their highest level for two years (AUTHORITY URL: http://www.dailymail.co.uk/news/article-4007712/Black-Friday-sales-reached-highest-level-two-years.html) with more than £1.2 billion being spent online alone) Black Friday represents a pre-Christmas boost for retailers and a useful extension to the holiday shopping period. But the success of their…Read More
Data, data, everywhere, Nor any insight to see
IoT is everywhere, but what do you do with the data? The Internet of Things (IoT) has opened up a whole new world of information for many businesses. Data collected by smart devices and sensors is telling us more about customers and how products are being used than ever before. From fitness trackers and domestic appliances to connected cars and industrial machinery, IoT devices are appearing in many areas of…Read More