Remove Alert Remove Retail Remove Strategic
article thumbnail

Is E-commerce Right for Smaller Businesses? 10 Stats That Tell the Story

NexusTek

And spoiler alert…for SMBs who are considering adding online sales to their repertoire, the story has a happy ending! retail sales commanded by e-commerce has TRIPLED. retail sales in 2013, but now they account for about 15% 2. Omnichannel retail brands increase revenue 28% via ecommerce presence. link] Haller, K.,

Retail 96
article thumbnail

SIA New Member Profile: SmartHub.ai

Security Industry Association

We focus on implementing AI and machine learning (ML) for the edge environment for various verticals, including manufacturing, utilities, facilities management, agriculture and retail – essentially any sector where edge/IoT devices and sensors are prevalent. Sanjay Rajashekar, co-founder and chief revenue officer of SmartHub.ai

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI in Security and Psychology

Security Industry Association

Depending on the department or setting, data can be collected through various methods and utilized to help the organization’s decision-making concerning financial and strategic goals. Within the security industry, high-value items need to be tracked to ensure that they make it to the correct job site without being stolen or misplaced.

article thumbnail

5 Ways to Optimize Your Supply Chain with Analytics

Pure Storage

Prescriptive analytics, on the other hand, answers the “what-if” questions that can help you make strategic supply chain planning decisions. With more accurate data in hand, you can ask the strategic, analytical questions that will help you design the right strategies for optimizing your supply chain network.

article thumbnail

IT Orchestration vs. IT Automation: What’s the Difference?

Pure Storage

E-commerce: Online retailers leverage orchestration to manage inventory, process orders, and handle shipping logistics efficiently. Finance: Financial institutions use orchestration to automate trading processes, manage risk, and ensure compliance with regulatory requirements.

article thumbnail

5 Ways to Improve the Wholesale Customer Experience

NexusTek

To ensure retailers receive their goods and services as quickly, accurately, and cost-effectively as possible in this omnichannel environment, wholesalers must utilize fully integrated Electronic Data Interchange (EDI) solutions to streamline business processes, from inventory management to scheduling shipments.

Retail 105
article thumbnail

5 Ways to Improve Your Economic Recovery Results Quickly

Swan Island Network

Tourism, retail, and entertainment are a few of the industries most affected by the lockdown. Get strategic direction from the C-Suite and set up a recurring briefing with the board of director. Follow external sources that impact your organization, like open-source intelligence (OSINT), social media, and government alerts.

Tourism 52