Perficient Digital Transformation

DECEMBER 22, 2023

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. A pivotal aspect of this conversation revolves around the regulatory perspective toward AI.

Banking 52

Banking Risk Management Risk Management Cybersecurity 52

IBM Services

OCTOBER 30, 2023

One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

Analytics 83

Analytics Retail Insurance Streamline Operations 83

IBM Services

JANUARY 30, 2024

Retail: Manage e-commerce platforms, customer data analytics and supply chain logistics, where data analysis often must occur at the edge. Manufacturing: Enable efficient and intelligent manufacturing processes to better scale production, reduce downtime and optimize strategies and operations.

E-Commerce 77

E-Commerce Analytics Manufacturing Flexibility 77

Intugo

JUNE 2, 2023

Because of this fact, this blog post will delve into some critical benefits of strategies for software development when companies nearshore their work with the right partner. If you want to reduce costs and positively impact the project, access to Intugo’s rigorous contracting processes is crucial.

Nearshoring 52

Nearshoring Software Reduced Costs Out-Tasking 52

IBM Business Partners

JUNE 30, 2023

​ Yet dealers and retailers are struggling to find parts easily and meet promise dates to their end consumers. IBM Supply Chain Intelligence Suite​ can monitor supply to minimize production delays, reduce costs, and facilitate streamlined and tighter collaboration, teamwork, and communication.

Manufacturing 67

Manufacturing Inventory Management Reduced Costs Order Management 67

Hyland

FEBRUARY 2, 2023

IA can deliver information, reduce costs, improve speed, enhance accuracy and remove bottlenecks with fewer human touchpoints. You might also like: Hyland industry consultant discusses top banking industry trends and challenges How does a period of Fed rate hikes play in the retail banking space?

Banking 91

Banking Automation Robotics Process Automation Reduced Costs 91

IBM Services

MAY 16, 2023

Benefits include improved market performance and reduced costs, revenue growth through deep customer understanding and actionable insights, and exceptional experiences for customers and marketers. IBM’s cross-functional team of experts helps companies transform their marketing organizations by taking on marketing functions.

Marketing 72

Marketing Management Service Offshoring 72

Anexa

SEPTEMBER 13, 2022

While digitalization continues to sweep the world and the marketplace, nowhere is this dynamic showing up with more impact than in fragmented retail (independent small grocers and retailers, restaurants, and bars). These digital players will need to find a viable, profitable path in order to connect with retail.

E-Commerce 52

E-Commerce Retail BPO Reduced Costs 52

Obobo

MARCH 7, 2023

In this blog post, we’ll explore what volume discounts are and how they work in the world of procurement. A volume discount is a reduction in price that a manufacturer or wholesaler offers to a retailer when the retailer purchases a large quantity of goods. Are you tired of paying full price for your procurement needs?

Retail 40

Retail Manufacturing Reduced Costs Sales 40

IBM Services

NOVEMBER 8, 2023

Supply chains comprise multiple tiers and it is crucial for all stakeholders — including distributors and retailers — to make consumer safety a top priority. The FDA’s Food Modernization Safety Act (FSMA) has sparked a significant amount of discussion, and rightly so.

Inventory Management 112

Inventory Management Collaborations Right-Sizing Regulations 112

Akorbi

FEBRUARY 23, 2022

A key component for business success is mitigating costs. Whether you run a multi-million dollar enterprise or a small-volume team, reducing costs is essential to maximizing profit. Today’s blog discusses how we make businesses better through our certified approach to workforce solutions and staffing. .

Human Resources 52

Human Resources Reduced Costs Retail Insurance 52

Perficient Digital Transformation

NOVEMBER 9, 2022

With this blog, we are going to experience how Event Driven Architecture can play a vital role in Organization Integration Strategy and how it can be utilized together with MuleSoft’s API-Led Connectivity Approach. Below Diagram suggests how an Event Driven Architecture Key Players can be used in Retail Domain.

Retail 64

Retail Order Management Reduced Costs Healthcare 64

Influx

MARCH 14, 2023

Please scroll to the bottom of our optimal security blog to review Influx’s security protocol. To reduce costs and streamline operations, outsourcing for growth allows you to stay competitive in a rapidly changing market. They may also broaden their market to consumers rather than merely B2B (business-to-business).

Manufacturing 52

Manufacturing Retail Research Sales 52

Obobo

FEBRUARY 1, 2023

Category management software is becoming increasingly popular as a way to help retailers optimize their product offering and maximize profits. In this blog post, we’ll take a look at what category management software is, how it works, and why it’s essential for any business looking to stay competitive in today’s market.

Software 40

Software Management Right-Sizing Retail 40

Obobo

FEBRUARY 8, 2023

In this blog post, we’ll explore the many benefits of agility, from improved customer service to increased profitability. Reduced costs: Agile businesses typically have lower development and operations costs due to their streamlined processes and efficient use of resources.

Reduced Costs 40

Reduced Costs Efficiency Flexibility Retail 40

IBM Services

JANUARY 16, 2024

Costing During this final phase before launch, a business should calculate the total cost of its product over a pre-determined product life cycle to verify the retail price and gross margin of its new initiative.

Engineering 80

Engineering Manufacturing Collaborations Research 80

Groove Technology

JUNE 15, 2023

Case Study 3: Enterprise Z Enhances Operational Efficiency Enterprise Z, a large multinational corporation, aimed to optimize their operational efficiency and reduce costs. By outsourcing development tasks to a remote team, Enterprise Z achieved substantial cost savings without compromising quality.

E-Commerce 130

E-Commerce Flexibility Collaborations Healthcare 130

Anexa

JANUARY 30, 2023

Online sales have become a significant part of the retail industry, and businesses that have embraced online sales have been able to weather recessions better than those that have not. By automating routine tasks, businesses can reduce costs and improve efficiency.

Information Technology 52

Information Technology E-Commerce Robotics Process Automation Cybersecurity 52

Groove Technology

FEBRUARY 9, 2023

Introduction As part of the post-Covid impact, digital channels now account for 72% of customer interactions in the retail industry. With such a significant increase in digital transactions, retailers now have more applications and a higher volume of customer data than ever.

Retail 130

Retail Sales Sourcing Cybersecurity 130

Zinnov

FEBRUARY 8, 2024

Outsourcing vs Insourcing Choosing The Right Model For Your Organization Read the Blog The New Normal: Global Capability Centers (GCC) A growing concern with organizations that outsource functions and teams relates to control. Looking to leverage global talent to reduce costs, drive growth, and mitigate risks?

Offshoring 52

Offshoring Regulations Outsourcing Software 52

Zinnov

OCTOBER 18, 2023

Insourcing Making Inroads Into Capability Building Read the Blog Control and Productivity One of the key reasons companies prefer insourcing relates to the degree of control the company has on project completion and talent management. Depending on the urgency of getting the project started, both models provide advantages.

Outsourcing 52

Outsourcing Offshoring Reduced Overhead Right-Sizing 52

Everest Group

FEBRUARY 2, 2023

Blockchain technology promises to transform banking, financial services, and FinTechs by enhancing the digital customer experience while lowering costs and reducing data risks in a secure environment. Read on to discover the future of blockchain in this blog.

Banking 98

Banking Service Right-Sizing Automation 98

Pure Moderation

MAY 21, 2021

The cost of losing business to poor customer service amounts to several tens of billions each year, regardless of the size or sophistication of the organisation. Retail and eCommerce customer support – Retain your customers and keep them coming back for more.

Customer Service 94

Customer Service Outsourcing Service Customer Support 94

Frevvo

JANUARY 3, 2022

Reducing costs is a top priority for 76.4% Procurement management can help your company lower its procurement costs by negotiating better contracts and improving supplier relationships. For example, a large retailer will likely have a different procurement process than a small business that specializes in a particular product.

Management 52

Management Automation Software Out-Tasking 52

Frevvo

JANUARY 3, 2022

Reducing costs is a top priority for 76.4% Procurement management can help your company lower its procurement costs by negotiating better contracts and improving supplier relationships. For example, a large retailer will likely have a different procurement process than a small business that specializes in a particular product.

Management 52

Management Automation Software Out-Tasking 52

Groove Technology

MAY 18, 2023

Healthcare: MuleSoft helps healthcare organizations integrate electronic medical records (EMRs), patient portals, insurance systems, and other healthcare-related applications to improve patient outcomes, reduce costs, and enhance the patient experience.

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

IBM Services

FEBRUARY 6, 2024

Cash as a physical commodity is a costly means of payment, given the security issues, risks and handling costs to every stakeholder in the value chain handling the cash. Increasing the use of cash does not reduce cost or friction in the economy. The reasoning for the D.C.

Banking 94

Banking Government Reduced Costs Retail 94

Zinnov

SEPTEMBER 21, 2021

Working from home , which was once imagined to be a privilege, is now a transformational reality – and comes with a set of definite advantages in the form of flexibility of work schedule, safety, and comfort of staying indoors, remote collaboration, and reduced cost of living as commutes were no longer a part of people’s daily lives.

Flexibility 52

Flexibility Jobbing Healthcare Collaborations 52

IBM Business Partners

MAY 15, 2024

Transformation styles like TETL (transform, extract, transform, load) and SQL Pushdown also synergies well with a remote engine runtime to capitalize on source/target resources and limit data movement, thus further reducing costs. With a multicloud data strategy, organizations need to optimize for data gravity and data locality.

Engineering 50

Engineering E-Commerce Flexibility Jobbing 50

Hyland

NOVEMBER 29, 2022

This quarter’s additions to the Nuxeo Platform bring features that create a better user experience, more streamlined workflows and reduced costs with: Compound Documents V2. > Read more | Workday Financials and Hyland: Unify your retail inventory. Hyland’s Nuxeo Platform. Disabling Dependencies in Nuxeo Studio.

Service 52

Service Administrative Retail Healthcare 52

Zinnov

MARCH 27, 2024

Companies then have to reduce costs, often by laying off employees at a time when local jobs are most scarce. India Redefining The Globalization Blueprint Read the Blog But what makes setting up a GCC an advantageous strategy for organizations looking leverage the global opportunity? What is the best way to globalize?

Offshoring 52

Offshoring Healthcare Labor Costs Retail 52

3Pillar Global

MAY 3, 2024

That’s putting further pressure on HR leaders to reduce costs. He brings 15 years of experience launching new healthcare products with health systems, payers, distributors, retailers and pharmaceuticals. Sources: Mercer, WTW, KFF, AON, Minneapolis Fed On top of that, the business environment has shifted.

Insurance 104

Insurance Healthcare Co-Sourcing Administrative 104

IBM Services

MAY 10, 2023

Whether your organization operates in retail, banking and financial services, travel and transportation, or healthcare, IBM Event Automation offers you the ability to remain aware of what’s happening across your business, so you can become more responsive to customers and resilient in the face of shifting market dynamics.

Automation 84

Automation Out-Tasking Collaborations Design 84

Planergy Software

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration? The acquisition proved to be mutually beneficial for both companies.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

IBM Services

JANUARY 31, 2024

This allows businesses to reduce distribution costs and have more control over how they sell goods or services. For example, a shoe brand might take ownership of product sales by bypassing department stores and instead selling products at its own retail stores. appeared first on IBM Blog.

Sourcing 99

Sourcing Strategic Sourcing Supply Chain Management Outsourcing 99

IBM Services

DECEMBER 1, 2023

In instances that require low-latency data transfer—such data analytics in self-driving vehicles or for real-time retail customer insights—hybrid cloud enables select infrastructure and application services at the edge.

E-Commerce 86

E-Commerce Banking Flexibility Software 86

Magellan Solutions

NOVEMBER 23, 2016

The latter translates to losses of about $83 billion in lost sales for American retailers. The high cost of poor customer service doesn’t stop there. The stakes are even higher if you’re a luxury retailer, or if you cater to higher-income customers. And they can do more than help you reduce costs.

E-Commerce 40

E-Commerce Customer Support Call Center Retail 40