All businesses experience productivity fluctuations throughout the year. A little slump is normal, but a prolonged downtime can be cause for alarm. Even thriving businesses can go through seasonal bumps and sometimes take months to recover. In such circumstances, it is important to develop a robust backup strategy to minimize capital loss.
Small businesses need to be laser-focused on profit margins and asset optimization can be a key factor in generating higher returns for them. Asset optimization enables businesses to maximize the performance, efficiency and uptime of their physical business assets.
Successful warehouse management is increasingly contingent upon robust remote inventory management. Businesses across the world are focusing on enhancing remote work flows to deliver high performance while keeping costs low.
Online fitness and wellness classes is a rapidly growing trend which is all the more relevant in the current climate of social distancing. Gyms and fitness centres are increasingly adapting to the age of digital fitness so people can work out from their homes with the help of virtual trainers. While many have been swift to adopt the change, others need more time and resources to make the transition.
Advances in technology, efficient communication tools, and an increasingly scattered workforce have fueled remote work culture across the world. According to the latest data from the US Bureau of Labor Statistics, a significant part of the workforce within the US now works from home.
Hospitals and clinics across the world are facing tremendous challenges in the fight against COVID-19. While global pandemics are rare, they can highlight cracks in our healthcare systems and make it necessary for administrations to re-evaluate their processes.
Educational institutions across the globe are rapidly transitioning to online learning in order to protect their students, staff, and community. However, even before the COVID-19 pandemic disrupted traditional education, online learning was a fast rising trend. Now, with millions of students receiving instruction remotely, it is more important than ever to have the right systems in place to support eLearning.
In the past few weeks, the COVID-19 pandemic has disrupted day-to-day life in most countries across the globe. Governments are rapidly imposing lock-downs and calls for social distancing continue to rise.
Successful enterprises are powered by highly motivated and productive employees. These employees are typically spread across several office locations, working on a diverse set of duties. To help them succeed, you need to ensure they have access to the necessary tools, equipment, and software. This ranges from basic office necessities such as ergonomic furniture and workstations to IT equipment such as laptops equipped with licensed software.
Businesses of all sizes, from global enterprises to local shops, are tackling new and unique challenges due to the spread of COVID-19. The exact economic impact of this breakout is not clear yet. However, as calls for self-quarantine continue to rise, businesses need to take measures that will minimize disruption.