Information System

6 Ways Machine Learning Saves Your Business Money

Machine learning (ML) allows computers to turn hard data into applications that enhance productivity and efficiency. As computers have gotten smarter, they've begun to think more logically and in ways similar to the human brain. Programmers now teach machines to rationalize and come up with solutions to complex problems — tasks that only the human brain could accomplish before now.

7 Ways to Make Your Ecommerce Business Ready for International Sales

Your online Ecommerce store has the ability to sell the product in every possible corner of the world where the internet has been able to put his mark. But many are still backing from going international because of the complexity of cross border logistics fulfillment. 

Yes, going international is not an easy task but it has great potential for the growth, your Ecommerce store can have. As per one study, more than 45% of global shoppers have shopped from international stores. That’s why it is more important than ever to get into the international market and take the piece of the pie for yourself. 

Global Enterprises and Merchants Unprepared as Fraudsters Focus on Rewards Programs

LONDON, UK. 4th February 2020: Forter, the leader in e-commerce fraud prevention, today announced availability of the Forter Loyalty Program Protection solution to protect high value rewards programs from fraud and abuse, enabling merchants to offer enhanced programs with the best possible customer experience.

Top Tips to Avoid Automation Dreams Turning into Nightmares

Modern enterprises are seeking to achieve greater levels of operational efficiencies by leveraging robotic process automation (RPA) and process transformation technologies. Despite all the work they are doing to automate and improve business processes, many implementations stall or stop dead in their tracks due to the complexity of the organisation’s data and unstructured documents. 60 percent of business processes contain some sort of unstructured data. Unstructured data can be PDFs, videos, photos, emails, websites, or any other format that’s not easily searchable.

How Mobility Solutions In Logistics And Supply Chain Are Changing The Dynamics Of Business?

Over the past few years, the logistics industry has been witnessing a sudden growth. With the advancement in digital technology, companies are leveraging the latest innovations and thereby evolving continuously. Who would have thought that the logistics and cargo industry would get digitized.

Beauty Salons Could Be the Next Big Thing in the On-demand Service Industry

Technology has evolved over the years, a century ago, it was the machines, industrialization, and factories. Then came the internet, about three decades back, and it completely transformed our lives. Before this, did you ever imagine being able to connect on a real-time video call with a relative staying seven seas across the world? Or did you ever think that now with a few buttons you could call yourself a chauffeur at any time in the night? Today, practically you can get grocery, medicines, laundry, food – anything under the earth with a few touch points on a small screen – these are on-demand services.

Warehouse Management System – Role and Functions in Logistics Chain

Warehouse Management System (WMS) is the cornerstone of the logistics system. A WMS constitutes an internal system of the logistics companies, which is highly configurable to control and manage aspects of storage, distribution, others. A robust WMS is what an organization needs for efficient and productive operations, which includes inventory balance, manage materials, pickup process and auditing.

If you are lacking an effective WMS, then it is impossible to achieve an extraordinary functioning logistic system. An effective WMS involves using a customized set of solutions for smooth workflow and not just the data or storage handling procedure.

Why Is Inventory Forecasting Important to Ecommerce Businesses

The holiday season has already begun and your sales are probably pouring in. However, are you really ready in such an amazing spike in sales? 

Imagine this. A customer orders a product just to find out it has gone out-of-stock. Instead of celebrating a successful sales season, you would need to deal with lots of furious customers, answer their questions on social, issue refunds, etc. And, no matter how much time, resources, and energy you invest to make things right, your brand reputation will be damaged. 

So, is there a way to plan your inventory proactively? The answer is inventory forecasting. Simply put, this is the process of predicting your inventory levels to fulfill future customers’ orders.