IT outsourcing is not new. This is a practice that top companies have been using for quite some time because it consistently delivers positive results. Outsourcing your IT can help you save money, and it will open doors that were not possible otherwise.
Nearshoring and outsourcing work well for IT companies
Even IT companies may find it interesting to increase their team’s external capabilities. Here are some main reasons outsourcing / nearshoring may make sense for your company.
1. Cost savings
You’ll spend less on the task than you would if it were done with an internal staff. Every case is different and each situation is unique. However, outsourcing can be a cost-effective decision because your company will spend less on training, setups, and opportunities costs.
Technical skills and knowledge are two of the biggest benefits of having a highly skilled team. Good outsourcing partners are experts in the specific niche that you require. You can count on a partner to be able bring new ideas and technical skills that are not easily found with your staff.
2. Lowering risks
Even though you may need to develop a particular project, that doesn’t mean you have the right to create a whole new department. One of the main reasons that outsourcing is so important for companies is to lower their risk. Today, projects can quickly change and you might be able give a quick response without taking too much risk. It doesn’t make sense to spend thousands of money on software, knowledge, or equipment that won’t be used for a few months or weeks. These teams can lower your IT exposure and allow you to produce accurate results while taking fewer risks.
You have the option to use your own resources for business development. You can use the equipment, software, and processes of another company to help you outsource. You can let them handle it all while you relax. While most partners would be open to letting you decide where the product or project manager(s) will be located, it’s up to each of you to make that decision.
Your business’ ability to concentrate on the most important issues will enable it to grow. You can still focus on the things that matter most and continue to improve your business.
Nearshoring is a great option for companies, and there are many reasons to do so. It can save both time and money without sacrificing quality.
Top ERP for Manufacturing 2022 – Expert Reviews and Pricing – Free Analyst Report. Find the best ERP system for your business.
Top 10 Manufacturing Software Software Analyst Report 2022
“SelectHub provides an intelligent platform for informed software decision making.”
Jamie Cutler, CIO at PFB Energy
Top ERP Software Features Checklist
Key Insights. We’ll go into greater analysis for each feature but here’s a quick overview:
Most buyers need tools to manage parts of the supply chain, but few need end-to-end management.
ERP buyers care about their finances more than other software buyers.
Buyers don’t care about holding onto existing systems, except when it comes to accounting.
Top Features here:
Accounting was by far the most requested feature for ERP buyers. Over 92 percent of respondents indicated they would like to see some accounting functions in their next ERP. Accounting’s position as the number one identified feature doesn’t come as much of a surprise.
Inventory, while not as highly sought after as accounting, still raked in large numbers with 62 percent of respondents. Interestingly, of all the respondents who didn’t mention inventory as a key feature, not a single one mentioned keeping their standalone system (the way many did for accounting).
This feature was third most requested at 43 percent. Of the respondents who identified manufacturing, over 40 percent of them went further and identified materials requirements planning as a need. Additionally, 49 percent of them identified a manufacturing execution system as something they would like to have.
Finally, 22 percent of those who needed manufacturing capacity specifically mentioned needing a Bill of Materials (BOM) as well. Interestingly, 3.5 percent of respondents across the entire survey wanted a BOM feature but didn’t mention desiring any other manufacturing components.
Customer Relationship Management
This was an interesting topic for a couple reasons. While it was listed as a key feature by buyers 38 percent of the time, it was concurrently referred to as a “nice-to-have” quite often. And less than one percent of buyers specifically mentioned wanting to integrate their current CRM into their next ERP. With this, we can conclude CRM is a lower priority, even for the buyers who identified it.
When anyone elaborated on their need for a CRM, they typically discussed automated marketing and lead tracking. One respondent said he needed an ERP with a CRM module because it took too much time to enter a customer’s information into each of his disconnected software systems.
An HR module was the fifth most requested feature at 26%. Most respondents just listed “HR” but a handful mentioned capabilities like recruiting, payroll, employee training and self-service portals. See our recent survey on HR for more in-depth results.
Just under 24 percent of respondents named warehousing as a key feature. Most respondents left it at that but a few elaborated for us. Only 3.6 percent of all respondents named “pick, pack and ship” as a feature the would like to see and 3.3 percent said they wanted traceability.
Overall, 20 percent of those surveyed wanted at least some BI capabilities.
Other notably requested features included barcoding at 7.6 percent, project management at 6.4 percent and mobile capabilities at 5.6 percent.
The Top 10 Reasons Companies Choose Process Manufacturing ERP
While they may vary somewhat depending on industry or company size, the following are the most common reasons process manufacturers choose ERP solutions specifically designed for their needs:
1. Quality Management
Quality management is critical for process manufacturers in order to comply with a plethora of laws and regulations, which can vary depending on where the products are made and where they are sold. An ERP solution helps process manufacturers avoid recalls or legal issues that can be caused by a lack of compliance with safety laws or industry standards.
2. Supply Chain Optimization
Supply chain optimization is important for process manufacturers for multiple reasons. First, in order to provide good products at reasonable prices, process manufacturers need to purchase ingredients and raw materials from reliable suppliers. They also need to create long-term relationships with these suppliers. ERP solutions help process manufacturers track performance, costs, transaction history, and other capabilities needed for effective and efficient supplier management.
3. Recipes and Formulas
Recipes and formulas in process manufacturing are not only complex, but they also usually don’t leave much room for error. A minor change in quantity for one ingredient can lead to the quality management issues mentioned above, or even compromise an entire production batch. While defective production batches may be adjusted to improve their quality, this process can be very complex, since manufacturers need to take into account all the possible chemical reactions generated by adding ingredients that were not part of the original recipe.
4. Tracked Costs and Profitability
The complexity of the recipes or formulas makes cost tracking a challenge for process manufacturers. Ideally, they should track the cost of every ingredient based on the quantity used and its chemical characteristics, such as potency. Furthermore, the cost of wasted raw materials and ingredients also needs to be tracked as accurately as possible. Without all these details, process manufacturers cannot estimate their total actual costs per unit or compare this with the sales price to determine profit margins.
5. Adaptation to Different Types of Markets
Either because of local regulations or to adapt to a local market, process manufacturers may need to create and use formulas and recipes that are specific to the markets they serve. For example, a recent trend forcing food and drinks manufacturers to adjust their recipes is increasing pressure to reduce the amount of sugar in soft drinks. Even some of the largest manufacturers like Coca-Cola are changing their products so that the amount of sugar and calories is reduced.
6. Reduced Waste
Since creating perfect recipes or formulas is almost impossible in process manufacturing, there will always be a percentage of the final output that is waste. Waste can also happen when manufacturers change their recipes to adapt to shifts in demand or to address shortages in ingredients or raw materials. While it’s very difficult to eliminate waste, process manufacturers can use ERP systems to calculate an estimated level of waste, track the actual waste, and compare the two in order to improve efficiency in production operations.
7. Agile Production
Process manufacturers rarely focus exclusively on one or a few products. They usually manufacture multiple products, oftentimes producing multiple variations of each product. Since each product has a different recipe and may require different production operations and equipment, it can be extremely complicated to transition between production cycles. In order to increase productivity and avoid the underutilization of their equipment, manufacturers need to be able to plan ahead and adjust planning when needed.
8. Improved Product Development and Go-To-Market Strategies
While product development is mostly managed using product lifecycle management (PLM) software, ERP for process manufacturers contains valuable data that can be used to create new products and improve existing ones. One example is historical information about sales volumes, returns, and customer satisfaction. This can help manufacturers understand which products are successful and which aren’t.
9. Responsiveness to Consumer Pressure to be More Environmentally Conscious
Consumers nowadays have higher expectations than ever, and one of these expectations is for manufacturers to be more environmentally conscious. Due to the use of chemical substances, process manufacturers are more likely to pollute the environment than most other industries. Even though manufacturers cannot completely eliminate the negative effects they have on the environment, consumers expect them to make an effort to reduce emissions and produce relatively clean products.
10. Increased Competitiveness
All of the reasons mentioned above help process manufacturers become more competitive in their market. Nowadays, process manufacturers need to be compliant with quality standards, capable of adapting to changing customer demand, transparent and environmentally conscious, all while keeping costs and waste low in order to be profitable.
When evaluating process manufacturing ERP, buyers are facing a few major challenges that are specific to this type of software. One of them is the fact that some vendors have adapted their discrete ERP solutions for process manufacturing, which can make their offerings too generic for some industries. Large process manufacturers also need to evaluate the integration between ERP and other solutions that are critical for their business, like PLM or MES. Even though some vendors provide their own PLM solutions for process manufacturing, such as Oracle, the functionality offered by these solutions may not be enough for some manufacturers. In this case, a tight integration between ERP and the most robust PLM solutions in the market may be the best alternative.
What is not an Advantage of ERP?
First up, let’s look at the main reasons why businesses choose to use ERP. There are several more advantages to using ERP than disadvantages (if there weren’t, who would use it?). Below are several of the biggest advantages of using ERP software for your business needs:
Lower IT Costs
One simple reason to do an ERP implementation is to lower IT costs and improve efficiency. Having a unified ERP system can greatly lower IT-related expenses, including management/administration staff, support, infrastructure needs, and application licensing. Using a single system also reduces training requirements for end-users, since they only need to learn one system rather than interacting with numerous individual applications.
ERP allows total access to every important process in your business by making data from every department easily accessible to you and your senior management. For example, you can monitor inventory levels on a daily basis, including future consignments that are yet to be received and inventory that’s currently in transit. By knowing precisely where you stand regarding inventory levels, you can control your working capital on a more precise level and more easily adhere to the strategy that you’ve developed for the long-term success of your business.
Improved Reporting and Planning
Implementing an ERP suite across departments means your organization has a single, unified reporting system for every process. By having a single source of information, an ERP system can readily generate useful reports and analytics at any time. This software gives you the ability to analyze and compare functions across departments, without the hassle of multiple spreadsheets and emails. One of the most popular reports involve finances (go figure). Standard financial reports such as income and cash flow statements generally are built-in, and custom reports can be quickly generated by users without IT intervention.
One of the biggest advantages of ERP software is its modular makeup. Most ERP vendors offer multiple platforms, and each one contains several applications that can be implemented according to business needs. Each application is designed to be able to stand alone or integrate with the suite, so your company can pick and choose which components work best. This means that businesses are able to craft an interface tailored to their company’s needs. Most ERP implementations are designed with the ability to seamlessly integrate into the full suite or to be used as a standalone module.
Along with reduced IT & training costs, an ERP can reduce the time and effort required by your workforce to carry out their daily activities. Properly implemented, an ERP can greatly reduce or eliminate repetitive manual processes, thus freeing up team members to focus on revenue-affecting tasks. The system likewise can aid in the adoption and enforcement of industry best-practice processes, lending familiarity to all actions across the enterprise.
Your company’s clients also receive benefits from the utilization of an ERP system, even if they don’t know it. Because client information is centralized and streamlined, your sales team will be able to focus on building and maintaining customer relationships, both domestically and globally. Most up-to-date ERP suites also support e-commerce integration. This means your business will be better able to handle web-based order processing and client interactions.
One of the biggest advantages of an ERP system is data security. After all, at the heart of the ERP concept is data. Sharing data across functional silos such as Customer Service, Sales, Marketing, and Business Development enhances collaboration throughout a company. The other side to wide-spread data access is controlling who can see and edit the information. ERP solutions have intrinsic controls to ensure the security of your data. Since all of your company’s data is managed through the cloud, they employ round-the-clock security experts to ensure their servers are protected.
Improved Collaboration and Workflows
A lot of progress can be made through collaboration. However, people aren’t going to go out of their way to collaborate. An ERP platform simplifies the process of collaborating with others by providing employees with access to the data they need when they need it. They do this by providing simple interdepartmental collaboration, where information from each department is funneled into one centralized location. This allows for real-time project updates and better communication across the whole company.
Most ERP vendors offer additional services for further integration of your business. A few examples include:
E-commerce integration packages for web-based ordering
Application Programming Interface systems that allow peripheral systems, like barcode readers, to be integrated into your existing system
Business Intelligence functions that identify potential problem areas throughout the business
Improved Data Quality
When compared to manual data processes and other approaches, ERP systems’ data quality represents a drastic improvement.
Improved Data Accessibility
You can’t hope to operate an efficient and successful business without impeccable data control. It’s crucial for the right people to be able to access the right data at the right time, and it’s equally important to prevent certain users from accessing certain types of information. ERP systems include advance access control and user management features that allow you to manage everything down to the finest detail. At the same time, they provide for easier access when it’s needed through support for mobile devices and the cloud.
Standardized Business Processes
Most ERP systems are developed according to industry best practices and proven business processes. These tried-and-true processes bring major benefits to the table for businesses of all sizes. It also allows businesses to standardize their own processes and systems, which further enhances productivity and efficiency. These processes deliver consistent results that allow you to continually improve the way in which you operate your organization.
Facilitated Regulatory Compliance
One of the most difficult things for businesses to do is consistently assure they’re meeting compliance requirements. ERPs aid in regulatory compliance by virtue of secure and validated data, combined with built-in reports. Just as important is that this reduces the amount of effort it takes to meet compliance requirements.
Improved Supply Chain Management
For companies that deal with the moving of physical inventory and production, an ERP system bolsters supply chain management in a variety of ways. This improvement results in shortened lead times, improved on-time deliveries and many other benefits that enhance the overall operation and success of your business.
To ensure the ongoing success of your business, you have to keep an eye on the future. All too often, businesses fail to plan properly and experience serious growing pains that pose serious roadblocks to whatever progress they’re enjoying. Having a system in place that can elegantly and efficiently accommodate your company’s growth is of the utmost importance, and the right ERP system makes it easy.
This is by far the biggest disadvantage to ERP software. The up-front cost of the entire implementation process can be prohibitively high, especially for small-to-medium-sized businesses. This includes the full process of planning, testing, configuring and customizing the software as well as the cost of actual implementation.
Financial cost is not the only associated expense with ERP implementation. Businesses must also take into account the opportunity cost of manpower and time necessary for a successful deployment. Planning out a realistic timetable will give you a better idea of whether or not the cost is worth it for your company.
While this is a potential advantage, it can just as easily become a disadvantage if handled incorrectly. This blog post by expert ERP consultant Eric Kimberling outlines potential problems as well as tips for avoiding the pitfalls of both over-customization and under-customization.
In summary, when making a decision about which platform is right for your business, it’s important to consider potential disadvantages as well as advantages. Experts like Mr. Kimberling recommend making an honest assessment of your organization’s needs and problem areas and then seeking out an ERP system that will give your business the most potential to improve.
ERP System Examples for ERP Software Platforms
Learn more about what functionality is available in different ERP system examples and evaluate which might be best for your corporation.
Epicor ERP 10
Epicor’s flexible collection of ERP tools can be deployed on company computers, in the cloud or on an external server. This platform highlights collaboration by allowing users to access data from different devices. A 2014 Forrestor Consulting Study found that this software gave companies a 103 percent return on investment within about a year and a half.
IFS Full Suite ERP
If you’re looking for a user-friendly interface for project management, the IFS Full Suite ERP solution is ideal. This platform is perfect for manufacturing and engineering companies.
Infor ERP SyteLine
Based in the cloud, this ERP solution can be customized for large-scale manufacturers and distributors. It’s scalable, so it easily adapts as your business grows.
Microsoft Dynamics AX 2012
International businesses will find Microsoft’s ERP solution useful for most of their departments. The software is powerful and easy to implement, improving its value for driving organization and productivity.
Oracle JD Edwards EnterpriseOne
Oracle’s most recent product is ideal for corporations seeking a financially focused ERP solution. This ERP automates a majority of a company’s accounting, whether for small projects or overall evaluation. EnterpriseOne helps businesses amplify their financial success.
Sage ERP X3
For small-to-mid sized companies, Sage ERP X3 improves productivity within fundamental business systems. The software has a complete mobile capability, making it ideal for use in a flexible corporate environment.
SAP Business ByDesign
Another cloud-based ERP tool, SAP Business ByDesign can manage any facet of a corporation with around-the-clock availability.
Completely customizable, SYSPRO 7 can be incorporated into any company’s system management. Whether your needs are based on financials, customer service, sales, distribution or manufacturing, you can personalize SYSPRO 7 for your company.
Manufacturing companies have different needs than consulting firms. Businesses that focus on retail require distinct capabilities than those in the financial sector.
Toll manufacturing and contract manufacturing are two ways to do business for large and small businesses. What are they and how can they differ?
Manufacturing success can be achieved in many ways. Some companies begin from scratch and manufacture their products in-house right away.
Some people produce a portion of their goods, while others buy partially processed materials or sub-assemblies.
Some companies use the facilities of another company to manufacture entire product lines, either as a transition into in-house production or as part of their core business model.
The latter refers to those who produce their products through another entity.
Contract manufacturing is where a company enters into a contract with a manufacturer to produce certain products for their parent company.
This arrangement is also known as white label manufacturing or private manufacturing. It can be found in many industries.
One example is food production, where the name-brand food labels produce their product lines while using the same equipment and sometimes the same raw materials to create private label foodstuffs. These food chains often sell both the in-store and the name-brand products on the shelves.
Store-brand and name-brand products are often produced at the same facilities.
Why companies use contract manufacturing?
Contract manufacturing is used by companies for many reasons.
Contract manufacturing, which is a capital-intensive industry, allows companies to concentrate on product design, marketing and sales while reducing manufacturing costs to a fixed, less variable cost that is easier manageable.
Companies can concentrate on their core competencies without the need to purchase capital equipment. This allows them to grow their product lines and avoid having to worry about financing.
Contract Manufacturing can also be used to bridge the transition to in-house production.
A company may decide to make some subassemblies or products at a contract manufacturer, depending on its capital cost. This is to ensure that production can continue until the capital equipment is purchased and commissioned in-house.
As the parent company is able to afford a “pay as you go” model, this allows for incremental growth without incurring high levels of debt.
Contract manufacturing is a good option for companies that have seasonal, highly cyclical production. However, it is not feasible to invest in additional equipment, but extra production is necessary for existing product lines.
This allows the parent company to adjust to its own production cycle after the season is over. It also gives them the ability to manage cost, raw material inventory, and other operations on a more variable basis.
Ice cream is a great example of a product that sees increased production in the summertime.
Contract Manufacturing Risques
However, contract manufacturing comes with risks.
There are some risks involved in manufacturing with an outsourced third-party manufacturer.
- Geographical Considerations – Third-party manufacturers might be restricted by the laws of their country from shipping to certain locations, leaving the parent company without a way to ship their goods.
- Limited logistics – Many contract producers are bulk manufacturers that do not perform well in fulfillment. The parent company will still have to pay for shipping and logistics costs, but may be able to save money on production.
- Quality control – The parent company will be able to lessen the ability to monitor, control and ensure quality from third-party manufacturers than it would with in-house controls.
- Intellectual property – Third-party manufacturers can leak proprietary information to other companies who are producing similar products at lower prices.
Toll manufacturing is a different process than contract manufacturing. Contract manufacturing is where the manufacturer of the finished goods is responsible for the whole production process.
This includes the procurement raw materials as well as all production stages from beginning to end.
Toll manufacturing is where the parent company supplies the materials and design, while the third-party company processes the raw materials or semifinished goods.
Toll manufacturing is where the parent company controls more than the third-party producer. This is because the parent company supplies and manages the raw materials flow. Toll manufacturing is illustrated by the following:
- Apple/Foxconn – Although everyone is familiar with Apple, not all may be aware of Foxconn. Foxconn is the manufacturer that Apple sends materials to, such as electronic components and housings, glass for screens and LEDs for production of its phones and computers.
- Microsoft/Flextronics – Like Apple, Microsoft partners with Flextronics to produce its finished products, the components of which are supplied by Microsoft.
- Boutique Wineries – Toll Manufacturing isn’t only used by large companies like Apple and Microsoft. Many boutique and small wineries around the globe use mobile manufacturing bottling to bottle and label their wine after it has aged. The winery can keep control of the product and quality, much like Apple.
Toll Manufacturing gives companies greater control than contract manufacturing, and reduces quality control risks.
They can also better manage fulfillment and logistics, and have more control over their proprietary aspects.
Toll manufacturing is often used in the electronics industry.
Contract Manufacturing with ERP/MRP
Third-party manufacturers may also be able to perform contract and toll manufacturing.
These production methods still offer the potential for robust manufacturing ERP systems.
This applies regardless of whether the software’s user is the parent company, or a third-party manufacturer.
Both cases result in the bill-of-materials determining the utility of an MRP System.
A parent company can keep track of all its goods manufactured by third parties through the BOM. This includes routings, inventory usage, and output of finished products.
This allows for quicker resolution of issues when they arise.
Third-party manufacturers can use flexible and agile manufacturing software to take on finished goods manufacturing work from multiple parent companies. They can also manage production flow with precise BOMs, fully costed materials, and controllable labor centers.
These software platforms provide third-party manufacturers with many features, including multi-level BOMs and EDI transmissions. They also allow for labor tracking, shopfloor mobility, engineering change order management and revision and versioning controls.
MRP software is a valuable link between parties involved in contract or toll manufacturing.
While contract manufacturing and toll production are similar methods of production, they can’t be interchangeable.
Contract manufacturing is when a company uses the production facilities of another company from the procurement stage to the emission.
Toll manufacturing is where the parent company supplies the manufacturer raw materials and design while maintaining some control over the production process.
Both cases and both parties would benefit from an MRP Software to make the partnership more transparent and improve many manufacturing processes.
When your dog seems to be more irritable and worn out each day, it’s hard to determine what’s wrong. Or maybe it’s simply been acting a little oddly around the home lately. There’s a good chance your dog isn’t sleeping well, but there’s no way for him to tell you. It is detrimental to your pet if you choose the improper bed size.
Because there isn’t enough room to extend or support your joints, the most typical side effects are painful muscles and joints. Because of their bigger bones, larger breeds are more prone to have back and hip issues. In the end, your dog deserves a decent night’s sleep, and that can only be provided with a high-quality bed.
Consider the following variables while choosing a dog bed’s size:
How mature and how big is your dog
If you don’t know your dog’s breed, you won’t be able to forecast how big it will become in the future. It’s not needed to worry about the dimensions of the dog-beds for smaller dogs since the bed is already going to be bigger than your pet.
However, with the correct padding and stuffing, you could help your pooch stay calm even if in a bigger bed. However, as it expands, you’ll need to be certain the dog is never wider or longer than the bed by more than 12 inches. Your dog should be able to stretch out and even stand up without touching the borders of their bed, so make sure there is adequate room.
Orthopedic mattresses are necessary for older dogs since their spines might be more easily damaged by a regular mattress. The mattress has to be able to move with the dog’s body while it sleeps, which helps to avoid bone and hip problems.
Aesthetics and personal cleanliness for dogs
Dogs should be taught to regard their beds as though they were their own, just as you do. In the morning, your dog should be able to observe you making your bed and cleaning it as frequently as possible. This practice will teach your dog that the bed is not a play area and that it has to be kept clean at all times.
The best way to keep your pet’s habitat clean is to use the correct cloth. Although washable fabrics are simple to care for, there are also antibacterial and hypoallergenic varieties available. Allergies and infections are kept at bay by them. You should be able to clean the whole bed with either a hand wash or a machine wash.
Some dog beds feature totally removable pieces that can be machine washed, which will offer you the best hygiene and extend the life of the bed at the same time.
Is your dog comfortable?
Your dog’s comfort is also aided by the contour of your dog bed. Forms may vary widely, but the most common shapes are-sided vs un-sided, which determine if your pup can tumble over through the mattress or is confined in a crib-like structure. Regardless of the choice you choose, you should always keep an eye on your dog’s comfort level to see if it needs a total revamp.
Clean and maintain your dog’s bed with ease!
For humans and dogs alike, flea and dust mite infestations may cause a variety of ailments, including allergies and skin irritations. As such, you need to maintain your dog’s bed free of these bugs and allergies by keeping it clean. A canine bed is one of the greatest dog accessories you can acquire online. If you buy from the correct pet store, you may provide your dog a cozy area to rest at any time of day.
Salesforce is a CRM application that helps businesses manage their sales, marketing, and customer service. CRM is one of the most important tools in any business. It can help you grow your business by providing a clear overview of your customers and their needs.
The process of setting up Salesforce for your business is straightforward and can’t be done in an hour or two. There are many tutorials available on the internet to guide you through the process step-by-step.
Why do you need Salesforce consulting company?
Salesforce consulting companies like MagicFuse are a necessity for companies who want to become more efficient, productive, and successful. These consultants can help identify the tools you need and then install them in your system. They have experience with the many facets of Salesforce and can help you find the best application for your company.
Why Salesforce CRM is the Best Option for Your Business
Salesforce is the industry-leading CRM provider. It offers a complete, unified customer engagement platform that drives sales and marketing effectiveness, accelerates business growth, and simplifies IT management.
Salesforce is one of the most popular CRM providers. It has an extensive range of features that are designed to meet the needs of every type of business. The benefits of using Salesforce include:
- Ability to manage your contacts
- Ability to create reports
- Track leads and opportunities
- Automate repetitive tasks
- Manage all your data in one place
How to Setup Salesforce and Optimize it for your Business
Salesforce is a CRM and marketing automation solution. It can be used to manage your sales and marketing activities.
Salesforce has some inbuilt features that can be utilized to optimize the business process of any company. Some of the best practices for setting up Salesforce are:
- Define your sales process and identify what data you need from it
- Define your marketing process, identify what data you need from it
- Connect various apps to Salesforce with help of API integration or web connector
Mastering the Essentials of Marketing with Salesforce and How It Can Help You
Marketing is a complex and ever-changing process. It is important for marketers to use AI in their marketing strategy to help reduce the time and money spent on it.
AI can help marketers with many tasks such as content generation, lead scoring, and more. Marketing automation software such as Salesforce can be used to manage all of these aspects of marketing in one place.
How to Use Sales Cloud to Provide Better Customer Experiences & Achieve Your Goals
Sales Cloud is an application that provides a great customer experience and helps you achieve your goals.
Salesforce is an application that has been designed to make it easier for sales teams to manage their sales pipeline. It also provides opportunities for cross-selling by making sure the right information about products or services is available when needed.
Sales Cloud is a platform that can be used by sales professionals to provide better customer experience and achieve their goals.
Summary of Benefits Gained by Using a Properly Set-Up Sales Cloud Platform
A sales cloud platform is a software that helps sales team to manage their leads, contacts, accounts, and opportunities. It also assists in tracking the deals and automates the workflow process.
Sales cloud platforms can help businesses in many ways:
- – Lead generation
- – Tracking deals
- – Automating workflow process
- – Improving customer service
- – Generating reports on lead activity
Today, the satellite industry is rapidly developing. From 2019 to 2021, the number of satellites has tripled and amounted to about 6 thousand objects. By 2030, a number may exceed 50,000.
This growing interest is due to the reduction in the satellite cost and size and software improvement. As a result, the creation and launch of spacecraft have ceased to be the prerogative of only governments and the wealthiest companies. More and more private companies provide various services using satellite technology. So, farmers can get high-resolution satellite imagery to predict the weather and manage crops. From a broader perspective, satellite data can help us solve the biggest challenges for humanity: predict pandemics, control deforestation, and combat the effects of climate change.
How Satellites Help Observe The Earth’s Surface
Satellites scan the Earth using different wavelengths. It enables them to analyze the condition of the soil, plants, and much more. Besides, as the space commercialization goes on, more and more companies launch their own satellites for different purposes.
A striking example of commercial satellite constellation launch is the EOS SAT project by EOS Data Analytics. It’s 7 satellites equipped with 11 bands that will allow retrieving the essential data for agricultural monitoring specifically. As the company already has software products developed for agriculture and forestry, EOS SAT satellites that are set to orbit the Earth by 2025, will allow for improving the products’ accuracy and efficiency even more thanks to the constellation’s orientation on vegetation monitoring. Moreover, using advanced AI algorithms, EOS Data Analytics constantly improves the technology by offering higher resolution satellite images via its software products developed for farming, forestry, and 20 other industries.
In addition to agricultural work, satellites also help in other vital areas. For example, scientists can predict global warming by analyzing rising sea levels and shrinking glaciers. Equally important is the assistance of satellites in the fight against the consequences of natural disasters. So, Australian authorities used satellite imagery to help those affected by wildfires in early 2020.
How To Choose High-resolution Satellite Imagery Provider
Given different satellite technology providers, choosing the most reliable one is crucial. To assess the quality of the services provided, the manufacturer’s reputation on the Internet is suitable. Here you can find detailed information about any provider, including user reviews. Pay attention to the ratio of positive and negative statements. At the same time, do not forget that some of the negative reviews may belong to the competitors of a particular provider.
EOS LandViewer by EOS Data Analytics is one of the leading AI-based satellite data providers. One of the platform’s advantages is access to many high-resolution satellite imagery libraries, including those with historical images. Thus, users receive qualitative data for all areas of their activities.
LandViewer enables search, analytics, and download of satellite imagery, making it a full-circle tool for users. It offers imagery analytics based on more than 20 band combinations and indices, including NDVI and MSAVI. EOS LandViewer integrates many useful features and is a versatile tool for satellite imagery search and analytics across different industries and their needs.
New Areas of Application of Satellite Imagery And Data
The proliferation of applications using high quality satellite images facilitates the emergence of new areas of their use.
Satellites For Urban Management & Smart Cities
Studies show that by the middle of the 21st century, about two-thirds of the population will live in cities. Remote zoning technology optimizes the process of urban planning by providing data on the population’s demand for an increase in living space, the planning of urban buildings with 3D modeling, and the state of the environment within the city (for example, carbon footprint).
Satellite Products To Help Food Producers
Satellite products allow you to monitor production using vegetation indexes that display information about the state of the soil, plants, water, and air, the presence of problem areas, and weather changes. One such platform is Crop Monitoring by EOSDA. Moreover, food producers can achieve data from field equipment for visualization on a virtual map, significantly improving the analysis of work carried out. Additionally, users can share monitoring results with their partners, contributing to the transparency of production and optimization of supply chains.
Thus, satellites are already crucial for developing various areas, including agriculture. In the future, their influence will only increase. In this regard, along with investments in creating projects based on high res satellite images, the development of insurance in this industry and group financing of small satellites becomes vital to reduce risks for launch providers.
Anyone who runs a business likely knows all about automation. Automation means you’re using machines and processes to create products or services. You can also use it for all kinds of other tasks that humans once needed to do themselves.
Some workers might not like to hear about automation in their industry because it could render their jobs obsolete. It’s true that some positions no longer exist because of automation.
However, there’s no stopping progress. Any worker who knows that automation will cost them their job should start looking for other work now since they can probably read the proverbial writing on the wall.
While automation isn’t always great news for individuals in some professions, company owners usually love it. Let’s look at four ways that automation can potentially help businesses.
It Can Save Manufacturers Money
73% of manufacturers believe automation is business-critical. To put it another way, nearly three out of every four manufacturers understand how much automation matters to them, either now or in the near future.
If you purchase a product in a store, you might not think about the manufacturing process that led to you holding that object. You likely don’t consider the raw materials that went into that product or how it traveled down an assembly line before it ended up in a box on a truck, headed for the store shelf where you found it.
That’s manufacturing in a nutshell, and at one point, very few machines existed that could assemble products, especially ones with delicate components. Human workers had to do that instead. It was monotonous work, but it let these employees put food on their tables and keep a roof over their heads.
Automation can save a business money because if machines exist that can put these products together, the company does not need to hire as many workers who need to do the job by hand. Again, it’s unfortunate for the employees, but the company can then allocate the money they once paid human assembly line workers toward other things. They might use that cash for research and development, advertising, etc.
Self-Driving Trucks Can Reduce Driver Errors
Automation can extend beyond assembly lines and to other business aspects. For instance, automating trucks can save companies money because they no longer need to pay human truck drivers to carry goods from place to place.
It’s true that truck drivers will lose their jobs, and they will need to find other occupations, but truck drivers cause many accidents every year. They’re driving massive eighteen-wheelers that weigh several tons in some instances. Regulations dictate how much time truckers can spend behind the wheel, but not every driver or company follows those rules.
Several companies are hard at work right now trying to perfect self-driving trucks. Some report they’re not far away from getting it right. When that happens, the AI that drives these trucks will gradually phase out human truck drivers.
Again, it’s unfortunate to think about anyone potentially losing their job and having to find another career path, but virtually anyone can do it if they set their mind to it. Also, if companies can perfect the technology that allows self-driving trucks to take over for humans, that’s automation that can save lives by eliminating human error that causes far too many deaths on America’s roadways.
You can apply automation to businesses in many other scenarios if you stop to think about it. Chatbots are another popular example.
A chatbot is a relatively simple, AI-infused program that you can add to your website or app as a business owner or operator. You can purchase a chatbot from a company that makes them, or you can even hire someone to create a proprietary one if you want it to answer unusual questions.
Say that you set up a chatbot on your business website or app. You won’t need to have as many human operators standing by to answer questions if someone wants to buy one of your products or utilize one of your services, but they have some additional concerns your FAQ section does not address.
If you own a huge website or app like Amazon, with which millions of customers interact every day, it’s easy to see a chatbot’s usefulness for your business endeavor. Instead of having hundreds or thousands of human workers sitting at phone banks, ready to answer questions, you can have the chatbot handle it instead.
This automation form means you can shrink that workforce. You can’t completely get rid of human workers since you’ll need at least a few to answer unusual questions the chatbot can’t handle. However, you’re using technology to save you money on your bottom line, and it’s an easy way to expand your business model.
Automated Email Marketing Lists
You can also use automation as a business to market to potential or former customers. Imagine if you have someone who visits your website. You use an eCommerce business model. The customer buys something from you.
When they do that, you automatically add the email they gave you during the checkout process to your email marketing list. The customer can always opt-out of that list, but few of them bother to do it.
From that point forward, you can send them promotional emails whenever you’d like. You know they probably like your products or services because they bought something from you before.
You’re using automation to let a former customer know that you have a sale coming up or that you’re running a special promotion. Even if someone visited your site but didn’t convert, meaning they didn’t buy something, you can still use targeted marketing to show them ads for your products.
If they see those ads enough times during browsing sessions on their smartphone, tablet, laptop, or desktop, they might convert this time. You’re using automated marketing strategies to make it more likely that you’ll get a sale, and you can do that without lifting a finger.
Lockdowns once again convinced us that online shopping is very convenient, profitable and fast. Today, everything is bought here, including jewellery. If you are still in doubt about whether to do this article is for you. There, you can order beautiful jewellery from new collections and used ones. Each of these proposals will please those looking for the perfect decoration for themselves or as a gift.
Let’s take a look at the main benefits of buying jewellery. Firstly, let’s take a look at the online catalog FJewellery. This example will tell you about all the nuances of buying accessories online.
8 benefits of buying Jewellery Online
Today’s modern technology makes it possible to make unique items. You can choose and order goods ultimately securely for yourself. Security protocols will keep payment information secret from everyone (including website owners). Your seller will only know your address where they need to deliver your purchase.
Endless possibilities to choose from
You can navigate throuth the catalog, and select products using convenient filters. You can then compare several items in just a couple of clicks. Choose the best option for you. You can rotate the jewelry in the photo. View them from all sides. This make your choice much easier.
Once you’ve decided which item you want, you can buy it. From anywhere in the world. At any time of the day or night. Just think about it. Holidays, weekends, bad weather, bad moods – non of these will never stop you from buying. Lying on your favourite sofa, sitting in an office chair. You can even do it on public transport on the way home or to work. You don’t have to go anywhere on purpose.
If you are looking for inexpensive jewellery, then they are all here – jewellery from a new collection and pre-owned items.
Cheap deals and better prices are available online.Anas Baig
Even in the first case, you will buy cheaper than in the salon. The lack of rented space and the presence of jewellers allow them to create unique collections with attractive models that customers will appreciate. In the second case, you get access to vintage pieces. They look spectacular! You don’t need to go to a flea market to get them. Just go to the section with such products and choose what you like. Now for the best part. Did you know that prices for used jewellery are 30-60% lower than the market price for items of the same weight from a new collection? This’s right. That’s more, it’s a significant savings.
Eliminating the spontaneous purchase factor
No one will impose their opinion on you. No one distracts and disturbs you. You choose the best product for you from the entire assortment. You don’t even have to buy right away. Put the item aside. Think again it again you want. Then go back and buy. Your jewellery will be waiting for you in your basket.
A huge selection of items in a variety of styles and designs
It could be something familiar to your models or something very unusual. And it’s all gathered in one place. The shopper is often so lost that he or she has to go to the concierge for help. And this’s what distinguishes a good shop: the consultant is always ready to help and advise.
Modern shops have everything to make you feel comfortable. Even if you get the wrong size, you can change the item or ask the jeweler for help in making it bigger. All this is provided for and is no big deal. It’s a good service that guarantees you a pleasant and safe transaction.
Today, a name on the internet and a websit’s IP address are just as important as a reputation 100 years ago. Shops with a name don’t disappear. You can always find reviews of their work online.
What could be nicer than buying yourself a new piece of jewellery? Probably choosing a gift for a loved one. You can do all this on the FJewellery website. It meets all the requirements for modern online shopping. And that means your hunt for beautiful jewelry will be fun, the purchase safe, and delivery fast.
This is why do people prefer to purchase jewellery online!
People can use Bitcoin to purchase various items, both online and offline. Here are five popular options: Understand more about bitcoin trading, go to dogecoin-millionaire.app.
One widespread use for Bitcoin is buying electronics. Online retailers such as Newegg and Overstock have been accepting Bitcoin for years, and brick-and-mortar stores like Best Buy and Sears are starting to catch on.
Why should you buy electronics with bitcoin?
There are many reasons to buy electronics with bitcoin. First, electronics are often expensive, and buying them with bitcoin can save you money. Bitcoin is also anonymous, so you can purchase items without revealing your identity. Finally, bitcoin is global so you can buy electronics from anywhere.
Bitcoin can also book travel accommodations, as many companies accept Bitcoin as payment. For example, Expedia was one of the first travel companies to buy Bitcoin and now allows customers to pay for hotels, flights, and more with the cryptocurrency.
And if you’re looking for a place to stay, even Bitcoin-friendly Airbnb listings are available.
Is it more convenient to pay for travel with bitcoin? If yes, how?
Yes, it is more convenient to pay for travel with bitcoin because you can do so without carrying any physical cash. Instead, it would help if you had a smartphone and a bitcoin wallet, and you could make payments anywhere that accepts bitcoin.
Food and Drink
If you’re looking to use Bitcoin to buy food and drink, plenty of options are available. Restaurants such as Pembury Tavern in London and Papa John’s Pizza in the US accept Bitcoin, as do popular delivery services like Foodler and GrubHub.
And if you’re looking to buy alcohol, there’s even a Bitcoin-based wine delivery service called Vineyard Vines.
Will all Food and Drink providers accept bitcoin in the future?
It isn’t easy to predict. Depending on the customer base and business model, some businesses may be more likely to accept Bitcoin. However, it is hard to say whether or not all food and drink providers will buy bitcoin in the future. Only time will tell.
Clothing and Fashion
People can use Bitcoin to purchase clothing and fashion items. In addition, popular online retailers such as Overstock, TigerDirect, and Zappos have all started accepting Bitcoin.
And if you’re looking for Bitcoin-friendly fashion, even a few clothing companies accept the cryptocurrency, such as Abaya Bombshell and Bitcoin Couture.
How are Clothing and Fashion is being changed with Bitcoin?
The way we purchase clothing and fashion is changing. With the rise of digital currencies like Bitcoin, more and more people are using this new form of payment to buy clothes and other fashion items.
There are several reasons why Bitcoin is becoming a popular way to pay for clothes and fashion. First, Bitcoin is a global currency that can purchase items from anywhere globally. It is beneficial for online shoppers who may not have access to traditional forms of payment like credit cards or bank accounts.
Second, Bitcoin offers a higher level of security than other payment methods. When you use Bitcoin to pay for your purchases, your personal information is not shared with the merchant. As a result, it protects you from identity theft and fraud.
Third, Bitcoin transactions are fast and convenient. You can typically receive your goods or services within minutes after paying with Bitcoin. It is a massive advantage over traditional payment methods, taking days or even weeks to process.
Finally, Bitcoin is a cost-effective way to pay for your clothes and fashion. There are no transaction fees associated with using Bitcoin, which means you can save a lot of money on your purchases.
Gifts and Gift Cards
If you’re looking for a unique gift, you can purchase a gift card with Bitcoin. Popular retailers such as Gyft, eGifter, and GiftCard Zen accept Bitcoin.
And if you’re looking for a more general use gift card, popular ones such as Amazon and Walmart also accept Bitcoin.
Which websites accept Bitcoin as a payment method for Gifts and Gift Cards?
Many websites accept Bitcoin as a payment method for gifts and gift cards, such as Gyft, eGifter, and GiftCard Zen. These websites allow you to purchase gift cards from various retailers using Bitcoin, making it easy to find a gift card that your recipient will love without worrying whether the retailer accepts Bitcoin.
Bitcoin is becoming increasingly popular to pay for goods and services. There are many benefits to using Bitcoin, including the fact that it is a global currency, offers a higher level of security, is fast and convenient, and is cost-effective.
Recent years have witnessed the emergence and development of multiple financial ecosystems. Their infrastructures provide users of certain financial institutions or assets with a full cycle of services.
Sometimes, these ecosystems intersect; sometimes, they exist in isolation from each other. Some projects seek to separate themselves to be able to provide absolutely anonymous services to their customers. Others, on the contrary, see their competitive advantage in establishing interaction, for example, between digital and fiat currencies. Payday Depot will help you maintain the stability of your financial position in any situation.
One of the new financial ecosystems that have been actively promoted in recent years is open banking. Who benefits from it, and who loses with its implementation? Does it bring any significant benefits to its participants? May it happen that without decisively improving the financial interactions, it will soon disappear as a non-working technology?
The Concept of Open Banking
Open banking is a European initiative intended to change the principles of the financial service industry’s work. The initiators of this technology presented it as revolutionary because it is designed to create a single marketplace for financial services.
The development of digital platforms has led to the situation when the traditional banking system began to experience strong competition from FinTech projects and decentralized blockchains. Open banking proposes to further reduce the banks’ monopoly on the provision of financial services. To do this, the products of different financial service providers will be accumulated and offered to the end consumers within the framework of open banking technology.
Why the Idea of Open Banking Does Not Seem Attractive to Everyone
This idea of creating a single marketplace for all financial services sounds wonderful for everyone except for banks only on its surface. Under the EU Directive, banks were forced to open the possibility of access to customer accounts to their competitors — external financial service providers. This increased the competitive advantage of the latter and weakened the banks. However, not only banks can become the losing side of the introduction of this technology.
Open banking is a financial services term as part of financial technology that refers to: The use of open APIs that enable third-party developers to build applications and services around the financial institution.
Is It Possible to Implement Open Banking Without Open API?
There is one very important nuance hidden in Open Banking: the use of this technology implies the possibility of access to the user’s personal data for third parties through open APIs. Of course, this will happen only with the consent of the customer. Open APIs are needed to build the microservice architecture of this shared marketplace. In fact, the API is a socket through which any company can connect to the banking information system to provide its services to customers.
Advantages of Open Banking Idea
- Accelerated development and implementation of new financial technologies.
- Pushing technologically backward banks to more intensive development.
- Expanding consumer choice.
- The Convenience of the interface due to the aggregation of a wide range of services.
Possible Risks for Customers
However, the risks associated with the open transmission of customer data carry significant threats. Hacking such systems is easier for scammers. Therefore, the likelihood that there will be a leak of data from open banking users is quite high. Moreover, unscrupulous financial service providers can connect to this common “socket.”
But these are the features of the common market: here, you can both profitably buy services and meet with scammers. Therefore, the next step in the implementation of the Open Banking idea should be the development of serious measures to protect customers who have trusted this undoubtedly useful technology.
What is Data Science?
Data science is a field that combines mathematics, statistics, and computer science. Data scientists use their skills to analyze data and extract meaningful insights.
There are three major steps in the data science process:
- 1) Data preparation: it includes cleansing, transforming, and loading the data into a usable form.
- 2) Modeling: it includes selecting the appropriate model for the given problem and using statistical methods to fit the model to the data.
- 3) Evaluation: it includes checking how well our model performs on new data that we haven’t seen before.
NIX United is a good data science consulting firm because they find the best solution for you according to your business goals.
Introduction to data science consultant vs data scientist
Data science consulting is an emerging profession in the data science field. Data science consultants are professionals who provide guidance to their clients on how to best use data and analytics, without having to go through the rigorous training that a data scientist does. They have a mastery of the skills required for data analysis, but lack a deep understanding of the underlying theories.
Data scientists are experts in analyzing large amounts of data and using this information to create models or insights that can be used for decision-making purposes. They have specialized knowledge about techniques and skills in statistics, machine learning and artificial intelligence, among other fields. Data scientists can also develop new algorithms or statistical methods for modeling purposes, as well as creating new predictive models from scratch.
What is a Data Science Consultant?
Data Science Consultants are a type of management consultant. They help businesses to identify and use data to create value.
Data Science Consultants are able to help companies in all sorts of ways, from identifying the best strategies for marketing campaigns to making sense of large datasets for better decision-making.
Data science consultants can be a valuable asset for any company looking to make the most out of their data, and they can be found in a variety of industries, including healthcare, financial services, and retail.
How big is the Market for Data Science Consultants?
Data science consultants are in high demand in the current market. They are required to create solutions that can help their clients solve complex data problems.
With the increasing use of data in various sectors, a lot of companies have been hiring data science consultants to help them make sense of their data. This is because they know that they can’t do it on their own and need an expert’s help.
Data science consulting costs vary depending on the type of consultancy service that is required and the duration for which it needs to be completed. But if we compare this cost with other types of consulting services, we will find out that this is much cheaper than other consulting services and hence, more affordable for most companies.
Comparing Consulting and Data Science Consulting Services
Consulting is the process of getting advice from a professional who has more experience in a particular field. Consultants are usually experts in their field and they will provide you with their opinion on your current situation.
Data Science Consulting Services are becoming more popular as the demand for data scientists is growing. Data Science Consultants will help you with your data-related problems such as data analysis, data integration, and predictive analytics. They have a lot of experience with these types of tasks and they can provide you with insight that might not be possible to get from other sources.
These two types of services are very different and it’s important to know what you need before choosing one over the other.
Data Science Consultant vs Data Scientist
Conclusion Summary: Which Career Path Should You Choose For Your Future?
The world of data is changing. Data scientists are in high demand and are considered to be the future of our society. But not everyone has the skillset or educational background to become a data scientist. So what should you do?
If you want a more stable career, then data consulting might be your best bet. Data consulting jobs are stable and provide a variety of work opportunities in different industries. A consultant can work with large companies or small startups, and they don’t need any specific skillset to do so.
Are massive trucks fascinating to you, and have you ever wondered what it’s like to drive one? Or maybe you just want to know how much these big guys in big trucks made?
Truck drivers have been around for a long time, and their contribution to the economy of any country is considerable. Due to the COVID 19 epidemic, their value was once again recognized during the worldwide lockdown. This article about the world’s highest-paid truck driving jobs will blow your mind.
- Ice Road Drivers
These drivers take on a great deal of risk as they deliver merchandise to remote towns and mining sites over difficult terrain and perilous road conditions. Optimal conditions for these cargoes only exist for a few months out of the year, and during that time, these drivers make a full year’s wage, allowing them to explore other possibilities or enjoy their time off during the off-season.
Salary: $62,000 to $80,000 per season (4-5months).
2. Oversized Load
Oversized loads, also known as over-dimension loads, are those that surpass the federally mandated legal dimensions. Oversized transporters must be better than average in managing cargoes containing enormous goods like construction equipment, wind turbines, mobile homes, and heavy machinery. These drivers must adhere to specific regulations that outline the routes and times of day during which these cargoes are permitted to travel. An escort crew is frequently required, and some organizations insist on the driver hiring their escort team.
Salary: $75,000 – $125,000
3. Specialty Vehicle Haulers
Specialty vehicle transporters transport high-value or specialty vehicles in enclosed trailers, such as race cars, luxury autos, collectibles, and other valuable objects. To avoid damaging these high-value loads, they must use extraordinary caution at all times. Even when parked, these drivers must take extra steps to avoid damage to the load due to another driver’s irresponsibility, as well as follow strict protocols to prevent theft.
Salary: $68,000 to 90,000
4. Team driver
Working as a team often includes earning 60% of the rate per mile while also driving twice as far as a single driver can under Hours of Service requirements, resulting in higher overall income for both of you. Companies that hire team members will look for experienced drivers because a collision puts more individuals in danger.
Annual salary: approximately $54,000
Being an owner-operator is not for everyone; in fact, the majority of owner-operated enterprises fail within the first year. Being one entails much more than simply transporting goods and resources from point A to point B. To establish a business, you’ll need to obtain the necessary licenses and permissions, secure funding for your vehicle (and maybe a trailer), negotiate your job with brokers, and keep account of every dollar to know where you stand financially. If you thought driving an 18-wheeler was a time-consuming profession, wait till you work in the office. This employment, on the other hand, provides limitless earning possibilities for savvy players with business sense, especially if your company evolves into a fleet.
Salary: $115,000+ (12 months)