What are barriers business face? Simply put, trade barriers are measures that governments or public authorities introduce to make imported goods or services less competitive than locally produced goods and services. Tariffs, quotas and subsidies are perhaps the most common trade barriers, but many types of government regulations can be characterized as trade barriers. For […]
9 Tech Trends That Are Rapidly Changing How Businesses Do Business
- Unleashed
- Technology
Here are the key technological trends of 2017 to particularly take note of so businesses can quickly implement new tools and strategies for greater success, improved inventory management and improved customer interaction. Companies that connect to the customer As opposed to directly selling a product, we have seen a rise in companies looking to connect […]
Streamlining your Small Business for Greater Efficiency
- Unleashed
- Technology
Unlike larger companies that have greater access to significant financial backing, small business owners need to be especially resourceful when implementing effective cost management, operational and inventory control techniques. They need to streamline aspects of their business, so they remain viable even in a fickle economy. Efficiencies in time, labour, inventory control and running costs […]
Is Ecommerce Really Killing Brick and Mortar Retail?
- Vend
- Technology
At Vend, we firmly believe that physical retail is very much alive, and we’ve said it again and again. But to continue to drive this point home, we thought we’d get a second opinion and some actual data behind this claim. So we caught up with Neil Saunders, the Managing Director and a Retail Analyst at […]
Cash Registers vs. POS Systems: How to Tell Which Is Right for Your Retail Biz
- Vend
- Technology
To handle that kind of volume, brick-and-mortar businesses need to arm themselves with the tools — both hardware and software — to keep operations running smoothly. The heart of a retail business? The point-of-purchase, cash register or point-of-sale (POS) system. While many may use those terms interchangeably, they’re not one and the same. In fact, […]
Using data to drive innovation
- business.gov.au
- Technology
The power of computing and the internet allows us to analyse data, work smarter and plan for the future. A hospital can drive innovation by using data from patients to reduce their average stay. School students can improve their learning levels by data from an online resource that encourages a fun learning experience. Collect data […]
Understanding Perpetual Inventory
- Onventure
- Technology
How perpetual inventory works The widespread use of automated and computerized systems makes this type of inventory tracking very achievable and beneficial to companies. Businesses are able to easily keep track of inventory as it sells. The perpetual inventory system uses tools such as barcodes, radio frequency identification (RFID) scanners, and point-of-sale (POS) systems to […]
SMEs and Globalization: A Changing Landscape
- Unleashed
- Technology
In this era, even small businesses can easily compete on the global stage. The internet has opened up opportunities for small businesses to export their products to foreign markets and to cut out the middleman when procuring inventory across borders. Here are some of the key ways that globalization has changed the landscape of small […]
How to prepare a small business for mobile job management software
- Geoop
- Productivity, Technology
It’s only natural that people tend to resist technological change. It can be hard to explain why processes that have worked for years are no longer relevant. Even when faced with irrefutable evidence that cost-effective, easy-to-use, mobile software will save a business time, energy and money, managers prefer to defer the decision until “the right […]
Handheld devices in field service
- SimPRO
- Productivity, Technology
Smartphones and tablets take on many roles for the modern technician; they’re dispatchers, service logs, invoicing machines, GPS-enhanced direction givers, video training devices, and repair documentation all rolled up into one convenient little device. Having worked with many different versions of the smartphone for the better part of a decade, I thought I understood all […]