Supply chain management can be daunting even to the most experienced business person in the world. However, the process can be understood by breaking it down into strategic stages. The five main stages are; plan, source, make, deliver, and return.
These stages together form the supply chain operations reference (SCOR) model which was designed to enable managers address, improve and communicate supply chain management practices effectively.
A successful supply chain management system also involves managing your business processes such as inventory using a cloud-based management software such as NetSuite (you can calculate your NetSuite estimate at Techfino.)…
There are many different things that factor into the medical industry and how quality care is given to patients. It is beneficial to both industry professionals and patients when this care is effective. In some instances, this care is provided by a variety of healthcare experts at the same facility. This includes a host of doctors and nurses to ensure that patients receive the attention that they require from admission to being released. Machines, like the Welch Allyn Vital Signs Monitor, is essential to this work.…
Enterprise resource planning (ERP) software is a system of enterprise applications designed to integrate and manage business functions related to technology, human resources and services. ERP systems are used to create a central database to manage details related to product planning development, manufacturing, transportation, inventory, sales, marketing, and personnel.
Small to midsize businesses (SMBs), or small and medium enterprises (SMEs), are independent, non-subsidiary companies. An SMB typically employees up to 500 people. As business and data management for every industrial sector has become increasingly ubiquitous and necessary, the days of SMBs running their business by handwritten ledger have, by and large, gone the way of the rotary phone and the videotape cassette.…
In many ways, technology can help level the business playing field – allowing small businesses to accomplish more with fewer resources, reach a wider audience, and gain insights that would normally only be available to large corporates with big market research budgets. If you’re a small business owner, then you might want to consider taking advantage of the following tech tips to give you that much-needed boost.
Get paid faster
If there’s one thing every small business owner has in common, it’s worrying about cashflow and collecting outstanding payments!…
In 2015, BT announced that ISDN, the Integrated Services Digital Network first created in 1988 as Britain’s digital network for carrying sound and data, will be phased out by 2025.
This may sound like drastic news to companies accustomed to using ISDN, but it has been a long time coming and is being phased out carefully – and there is a chance that, for some users, the deadline will be extended. The other non-internet network BT maintains, the analogue Public Switched Telephone Network (PSTN), will be gone by this time, too.…
So, you’ve developed a great game after months of hard work. If you’re researching how to get your game published on Android/Google Play, this is likely the first game you’ve built. By now, you’ve probably drawn up dozens of sketches, put in hundreds of hours of manual work, and even went through the development process of getting your game officially listed as a gaming application. And now, you’re hoping to cement your game’s position in the world of play.
The best way to achieve this is to put in some work to market your game.…
Advances in technology have impacted all industries, from how consumers interact with them to how they communicate with stakeholders. But how has technology affected the supply chain of retail brands?
Technology has clearly changed how businesses make supply chains more efficient, but what exactly has changed and how will retail and technology merge further in the future?
The evolving demands of retail consumers
For some retail business owners and managers, demanding consumers are an issue. Many consumers expect convenience from all angles now that they know it’s possible.…
The automotive industry is no different, either, taking advantage of new inventions. It’s not only our cars that are benefitting from technological advances, though — the manufacturing industry is, too. Here with Lookers, who offer a variety of Ford Motability cars we explore the extravagant ways in which technology is improving this industry.
Whether it’s the food takeaway industry utilising mobile apps or sports events using video assisted refereeing, technological advances are helping our world progress and become better. Then, of course, there are computer systems, such as CRMs, that can help you plan out your workload as efficiently as possible, while analytics allow you to judge what updates are needed and when.…
Believe it or not, electric vehicles are becoming a more common option for drivers with reports suggesting over 4,000 new registrations each month. Reports Considering only 3,500 electric vehicles were registered in the entire year of 2013, the industry has witnessed significant growth over the past few years – with the popularity growth attributed to the developments in the industry that are slowly but surely overcoming the initial setbacks of electric vehicles.
Volkswagen servicing providers Vindis take a further look.
However, with the unexpected shift to electric vehicles — the government are working around the clock to create more charging points and manufacturers are looking at ways to improve mileage capabilities.…
The development of technology is transforming the way we travel, work and communicate. Over the past 10 years, it has developed immensely when we compare it to now and then.
With technology constantly developing it can only be seen as a positive, not too long ago tasks were performed on paper while we now have the luxury of computers where we can type quicker.
TalkTalk business has created an infographic that shows us what the workplace may look like in 2025.…
