Remove 2021 Remove Efficiency Remove Inventory Management
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E-Commerce Industry Trends in 2021: How to Use Them to Your Advantage

Transperfect

Based on our research, here are some of the top e-commerce insights in 2021 and how your company can capitalize on them. With attention spans shrinking, these tools make the buying and checkout process more efficient—allowing less time for distractions and fewer abandoned carts. The Direct-to-Consumer Approach.

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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

AP automation immediately lowers costs—still the number one priority for CFOs in 2021, according to Deloitte research—and sets up further cost reductions over time via continuous improvement via self-guided process optimization. Managing Cash Flow. For inventory in particular, the situation is very similar to cash. Find Out How.

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The Year of Living Intelligently in the Cloud

Automation Anywhere

AI is helping to diagnose illnesses, inform us how to stock inventory levels for the next quarter, and cull out the best job candidates from thousands of resumes. In 2021, we saw the definitive marriage between AI and Robotic Process Automation (RPA). We’ll also touch on the other big trend of 2021: the move of RPA to the cloud.

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Technology Trends in the Manufacturing Industry

Transperfect

With the dawn and rise of Industry 4.0 , manufacturing is seeing new technologies being integrated into workflows that enable quicker production, cost savings, and overall efficiencies. This collection of data allows businesses to analyze their processes and provide insights to drive efficiencies and hit KPIs. Predictive Maintenance.

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How To Use Activity Ratio Analysis To Understand Business Efficiency

Planergy Software

How To Use Activity Ratio Analysis To Understand Business Efficiency. Financial Ratios Governance Risk Management & Compliance (GRC). Activity Ratio Analysis & Why It’s Important Activity ratios, commonly known as efficiency ratios are designed to measure business efficiency. Written by. Mary Girsch-Bock.

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MRO spare parts optimization

IBM Services

Whether MRO processes address preventive maintenance, service failures or shutdown overhauls, the wanted results are the same: deliver increased service levels, function safely and sustainably, operate efficiently and reduce unplanned and costly downtime. trillion, up from USD 864 billion in 2019 to 2020.

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Applying AI for Good | Automation Anywhere

Automation Anywhere

And 86% of the businesses surveyed said AI will be a “mainstream technology” for them in 2021. The use of forecasting through predictive analytics has always existed for improving efficiency for inventory management. By placing sensors on machinery, Bosch can monitor how machines are operating through data analysis.