Boosting Business Productivity And Driving Innovation: CEOs Welcome Robotics Revolution

Boosting Business Productivity And Driving Innovation: CEOs Welcome Robotics Revolution

While robotics may still be a long way off world domination, this technology has already moved past the point of simply replacing existing human activities to the beginnings of an augmented and collaborative working model alongside people, what PwC calls the “blended workforce.”

 

 

Adapting to the Future with Young Talent

Adapting to the Future with Young Talent

I recently attended a conference in the United States where experts sitting on a panel were asked for their opinions on the future of our industry. Everyone gave various thoughts on what could happen and on how things were going to change. Many were uncertain about what changes would occur, but they were all certain that there would be change — and that this change would be large, would happen fast and would take place soon.

 

Accurate Order Cycles are Critical to Effective Inventory Management

Accurate Order Cycles are Critical to Effective Inventory Management

To avoid stock outs, you must reorder products when you still have enough stock remaining in inventory to satisfy customer demand during the anticipated lead time.You also might want to keep some safety stock just in case you sell more than you forecast or the replenishment shipment is delayed.The result is the “order point” formula