As a manufacturer, you likely have to deal with large investments and the high costs of production, which is also referred to as the Cost of Poor Quality (COPQ), that often represent one of the biggest issues in the industry. If that is the case, finding new, smart ways to save money in an effort to increase your profit margin might be your number one priority. How can manufacturing companies reduce costs? Continue reading How Can Manufacturing Companies Reduce Costs?
Tag Archives: automation
What is the Impact of Digital Transformation on Business?
Digital transformation is a popular term that gets tossed around a lot these days in virtual meetings and around conference tables. It is definitely a factor affecting business growth, which means it’s not something you should ignore,. You need to take these new digital trends seriously. What is the impact of digital transformation on business? Continue reading What is the Impact of Digital Transformation on Business?
How Do You Handle Work-Related Stress and Productivity
You are not a machine, and you can’t be expected to operate at 100% every single day without being stressed. We all make mistakes, we feel overwhelmed and burnt out, and sometimes we simply can’t find the drive or the focus to be productive. What’s more, let’s not forget that coping with stress during the COVID-19 pandemic has been tough on all of us, and that we are still overcoming the challenges it brought into our daily lives. How do you handle work-related stress and productivity?
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What’s it Cost to Manage Policies and Procedures?
A manual system of document control — paper documents, logs, change records, manila folders, hanging folders, labeling “systems”, filing cabinets, a manual check-out system (with policies and protocols) — is a lot of work, no question about it. Have you ever thought about what it costs to manage such a system of policies and procedures? To answer this question, let’s look at the three main costs of managing policies and procedures. Continue reading What’s it Cost to Manage Policies and Procedures?
How Large-Scale Manufacturers Can Increase Efficiency
It took a while, but large-scale manufacturing in the United States is in the midst of a resurgence. There are still issues with productivity and technology, among others, that hamper companies. A few important tweaks can turn things around. Here is how large-scale manufacturers can increase efficiency. Continue reading How Large-Scale Manufacturers Can Increase Efficiency
How Can Automation Improve Business Cash Flow?
Many business owners grew up wanting to become entrepreneurs, not paper-pushers. They dreamed of creating world-changing products, taking financial risks for enormous profits, and making the cover of Forbes. What they didn’t dream about were problems with cash flow: chasing late payments, printing invoices, and moving money in and out of bank accounts. How can automation improve business cash flow? Continue reading How Can Automation Improve Business Cash Flow?
How Do You Use Artificial Intelligence in a Small Business?
Small-scale businesses such as startups or IT and marketing agencies can often feel underpowered compared to large-scale enterprises. However, artificial intelligence (AI) is slowly making it possible for small businesses to compete in the big league thanks to machine learning AI algorithms. How do you use artificial intelligence in a small business?
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What is Business Process Automation (BPA)
Technology allows for business automation, which is beneficial to business in a variety of ways. Here’s a closer look at what is Business Process Automation (BPA), and how it can be beneficial to your business.
Are AI Tools Close to Thinking and Writing Like Humans?
What makes artificial intelligent (AI) technology even more special is that some of the AI tools can think and write like human beings. Well, it would be more appropriate to say that they are quite close. It can help you order food or even come up with a great title for your next song! So we have to ask: Are AI Tools Close to Thinking and Writing Like Humans? Continue reading Are AI Tools Close to Thinking and Writing Like Humans?
How Automation Can Help Your Business
As companies look to reinvent their internal business operations moving forward, many are looking for ways to future-proof their operation against potential future crises. One of the best ways to do so is to lean on a unique combination of automation and human expertise. Learn how automation can help your business adjust for the future.