Blogs

Have you ever discovered that you’re sitting on a thousand-dollar worth of slow-moving inventory while running out of your best-selling products? A few years ago, this scenario played out daily across businesses due to reliance on outdated spreadsheets and manual tracking methods. However, it is different now. The modern inventory management system offers a solution...

According to Forrest’s recent survey data, 87% of enterprise developers use low-code development platforms for at least some of their work to reduce IT strain, speed time-to-market, and involve business stakeholders in app development. This seems like an irreversible trend, and it is hard to neglect it. Now, you may be facing a question: “Which...

Companies typically achieve 20-30% cost reductions through strategic outsourcing, but savvy executives know this is just the beginning. The true benefit of outsourcing goes beyond savings – it unlocks specialized expertise, accelerates innovation, and provides the agility needed to compete in rapidly changing markets. This comprehensive guide explores the core benefits of outsourcing and practical...

Many companies discover their outsourcing costs balloon by 40-60% beyond initial vendor quotes due to hidden expenses they never saw coming. In extreme cases, large IT projects run over budget by an average of 27%, with one in six exceeding costs by more than 200%. Understanding the true cost to outsource IT requires looking beyond...

Have you ever wished that there would be a day when your enterprise systems could think, adapt, and make intelligent decisions autonomously without moving a finger? Luckily, we no longer have to wait for the day. The AI agent represents the next evolution in business automation, combining artificial intelligence with autonomous decision-making to transform how...

  Knowing exactly which products are running low. Offering personalized discounts the moment a customer walks in. Automatically updating inventory in real time as items are sold. These aren’t just dreams of retail managers. They’re now a reality, thanks to IoT in retail. With the power of connected devices, IoT in retail is revolutionizing how...

Businesses with 95% or higher inventory accuracy experience 30% fewer stockouts and a 25% improvement in order fulfillment rates.  While businesses with low inventory accuracy lose millions in lost sales, expedited shipping fees, and damaged customer relationships every year. Inventory accuracy – the alignment between your digital records and physical stock – directly impacts your...

To solve the costly balancing act between stocking top-selling products and holding slow-moving inventory, focus on efficient inventory replenishment. That’s what you might have been told, but yet, do you know where to start? If so, then let this comprehensive guide be your starting point. From discovering the 5 core replenishment methods to step-by-step calculation...

30% to 40% of warehouse stock in many businesses remains unmoved for over 90 days. Those idle items are silently tying up thousands of dollars in working capital and taking up square meters of valuable storage space. This is a reality for many businesses, yet most leaders lack a clear way to spot and manage...

With 73% of consumers now shopping across multiple channels before making a purchase, the disconnect between online and offline inventory has become a critical business challenge. Recent retail trends show that 67% of customers abandon their purchase when items appear unavailable online despite being in stock at nearby stores, costing retailers millions in lost sales...