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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 68
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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.

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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 84
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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
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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The result should be better, more strategic decision-making. ERM is the process of methodically identifying and dealing with any potential events that could threaten the achievement of strategic objectives or competitive advantage opportunities. When establishing an ERM program, risk mitigation is a paramount concern.

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10 Times Agile Data Delivered Breakthroughs

Pure Storage

Formula 1 teams are becoming increasingly reliant on technology, forming strategic partnerships with technology companies like AT&T and Pure and using real-time data to improve race-day strategies. Fintech and Fraud Alerts. Let’s look at 10 specific cases in which agile data can make or break an experience or outcome.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.