Alkimii
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The concept of going paperless is nothing new. For decades, we’ve been trying to minimise paper consumption and switch to digital workflows.But now, with ever more powerful digital platforms becoming available, it’s finally becoming a reality. The solutions out there are now user-friendly and cleverly customised to the complex needs of the HR department. The paperless trend is taking hold. And about time too. Because, even with our ongoing attempts to drive down paper usage, we’re still working our way through vast amounts of the stuff. Worldwide, four billion trees are cut down every year for paper. That’s one percent of the Amazon Rainforest, every single year.The time has come to explore paperless initiatives…Read our blog https://hubs.li/Q01_2cJW0
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Jeff Rupich
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Raymond Buckley, CLFP
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Heather Cook
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Huawei
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Can technology bring clarity to your business? #Transform explores how digital transformation givesyou unprecedented control over your operations. Find out how to make smarter decisions now: https://lnkd.in/eDT-Wjas #Huawei#SmartManufacturing #ThisIsHuawei #BetterTogether
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Katerina Gurba
CEO and Founder at Muteki Group |日本 ビジネス開発ディレクター | Your Reliable Technology Partner for AI, ML, NLP, CV, DSP solutions
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It's natural to wonder whether we should change what is already working, which is a very common question particularly in logistics. However, it's worth considering that your competitors may be making progress while you remain stagnant. 📌By adopting digital logistics, companies can design their supply chains more efficiently, automate operations, and offer better customer service. This helps streamline supply chains, save time on daily operations, and provide superior customer service. 💹 The primary difference between traditional and digital logistics is the use of technology. Traditional logistics rely on analog tools like spreadsheets and paper documents, whereas digital logistics utilize digital technology that facilitates seamless information flow and cross-departmental collaboration. Businesses that use digital logistics have a competitive advantage over those that depend on conventional logistics. This is due to better inventory management, real-time adaptability, job automation, and continuous improvement. All of these factors can help your business take a significant step forward. If you've considered a change, now is the time to act. Contact us, and we'll find the best solution for your organization!#digital_logistics #logisics #muteki_group #AI_logistics
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Shift Ahead Technologies Pvt. Ltd.
13,273 followers
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Improving margins through cost-cutting is a strategic approach that organizations often adopt to enhance profitability and competitiveness. This process involves identifying and reducing expenses without compromising the quality of products or services. How to : 1. Operational EfficiencyProcess Optimization: Streamline workflows to eliminate redundant steps and automate where possible. Technology Utilization: Leverage technology to automate routine tasks and improve productivity.ERP Systems: Use Enterprise Resource Planning systems for better resource management.RPA: Deploy Robotic Process Automation for repetitive tasks.2. Supply Chain ManagementInventory Optimization: Use Just-In-Time (JIT) inventory systems to reduce holding costs.Outsourcing: Outsource non-core activities to countries or vendors offering lower costs. 3. Human Resources ManagementWorkforce Optimization: Align workforce size and skills with business needs.Cross-Training: Train employees to perform multiple roles to enhance flexibility.Flexible Workforce: Use part-time or temporary workers to handle peak workloads.Compensation and Benefits Review: Analyze and adjust compensation packages to align with industry standards while ensuring competitiveness.4. Financial ManagementCost Control: Regularly review expenses and budget allocations.Zero-Based Budgeting: Start each budget from scratch and justify every expense. 5. IT and InfrastructureCloud Solutions: Shift to cloud-based services to reduce IT infrastructure and maintenance costs.Software Consolidation: Use integrated software solutions to reduce the number of standalone applications.Telecommuting: Encourage remote work to reduce office space and associated costs.Service Automation: Automate customer service through AI and chatbots to reduce labor costs.6. Strategic PartnershipsCollaborations and Alliances: Form strategic partnerships to share costs and leverage combined resources.𝗝𝗼𝗶𝗻𝘁 𝗩𝗲𝗻𝘁𝘂𝗿𝗲𝘀: 𝗘𝗻𝘁𝗲𝗿 𝗶𝗻𝘁𝗼 𝗷𝗼𝗶𝗻𝘁 𝘃𝗲𝗻𝘁𝘂𝗿𝗲𝘀 𝗳𝗼𝗿 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝘁𝗼 𝘀𝗽𝗿𝗲𝗮𝗱 𝗰𝗼𝘀𝘁𝘀 𝗮𝗻𝗱 𝗿𝗶𝘀𝗸𝘀.7. Regulatory and Compliance ManagementRegulatory Review: Ensure compliance with regulations to avoid fines and penalties.Internal Controls: Strengthen internal controls to prevent fraud and financial loss.Implementation and MonitoringChange Management: Manage the transition carefully to ensure employee buy-in and smooth implementation.Continuous Improvement: Establish a culture of continuous improvement to regularly identify and implement cost-saving opportunities.ExampleWalmart’s Supplier Negotiation: Walmart's aggressive negotiation with suppliers allows it to maintain low prices and high margins. By strategically identifying areas for cost reduction and implementing effective measures, organizations can improve their margins and achieve long-term sustainability and growth.#CostCutting #BusinessMargins
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Shift Monitoring - Real Time Asset / Infra Monitoring
26 followers
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Improving margins through cost-cutting is a strategic approach that organizations often adopt to enhance profitability and competitiveness. This process involves identifying and reducing expenses without compromising the quality of products or services. How to : 1. Operational EfficiencyProcess Optimization: Streamline workflows to eliminate redundant steps and automate where possible. Technology Utilization: Leverage technology to automate routine tasks and improve productivity.ERP Systems: Use Enterprise Resource Planning systems for better resource management.RPA: Deploy Robotic Process Automation for repetitive tasks.2. Supply Chain ManagementInventory Optimization: Use Just-In-Time (JIT) inventory systems to reduce holding costs.Outsourcing: Outsource non-core activities to countries or vendors offering lower costs. 3. Human Resources ManagementWorkforce Optimization: Align workforce size and skills with business needs.Cross-Training: Train employees to perform multiple roles to enhance flexibility.Flexible Workforce: Use part-time or temporary workers to handle peak workloads.Compensation and Benefits Review: Analyze and adjust compensation packages to align with industry standards while ensuring competitiveness.4. Financial ManagementCost Control: Regularly review expenses and budget allocations.Zero-Based Budgeting: Start each budget from scratch and justify every expense. 5. IT and InfrastructureCloud Solutions: Shift to cloud-based services to reduce IT infrastructure and maintenance costs.Software Consolidation: Use integrated software solutions to reduce the number of standalone applications.Telecommuting: Encourage remote work to reduce office space and associated costs.Service Automation: Automate customer service through AI and chatbots to reduce labor costs.6. Strategic PartnershipsCollaborations and Alliances: Form strategic partnerships to share costs and leverage combined resources.𝗝𝗼𝗶𝗻𝘁 𝗩𝗲𝗻𝘁𝘂𝗿𝗲𝘀: 𝗘𝗻𝘁𝗲𝗿 𝗶𝗻𝘁𝗼 𝗷𝗼𝗶𝗻𝘁 𝘃𝗲𝗻𝘁𝘂𝗿𝗲𝘀 𝗳𝗼𝗿 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝘁𝗼 𝘀𝗽𝗿𝗲𝗮𝗱 𝗰𝗼𝘀𝘁𝘀 𝗮𝗻𝗱 𝗿𝗶𝘀𝗸𝘀.7. Regulatory and Compliance ManagementRegulatory Review: Ensure compliance with regulations to avoid fines and penalties.Internal Controls: Strengthen internal controls to prevent fraud and financial loss.Implementation and MonitoringChange Management: Manage the transition carefully to ensure employee buy-in and smooth implementation.Continuous Improvement: Establish a culture of continuous improvement to regularly identify and implement cost-saving opportunities.ExampleWalmart’s Supplier Negotiation: Walmart's aggressive negotiation with suppliers allows it to maintain low prices and high margins. By strategically identifying areas for cost reduction and implementing effective measures, organizations can improve their margins and achieve long-term sustainability and growth.#CostCutting #BusinessMargins
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