Technologies that can save your business money [ReadWrite]
The ReadWrite contributor Brad Anderson has shared a list of three technologies that can save your business money.
Anderson says,”Thoughtful, intelligent investment in innovations like these can help almost every kind of business succeed. To save both time and resources, the following three technologies, in particular, are worth pursuing.
1. Reduce waste with inventory management technology.
According to Wasp Barcode, an astounding 43 percent of small businesses either don’t track their inventory or are stuck using outdated manual methods to do so. Ultimately, these businesses are missing out on data that’s essential to making informed decisions. Leading retailers, which have long leaned on big data to optimize their inventory, are starting to take their efforts to the next level. Target, Walmart, and Lowe’s are now testing the use of robots to scan store shelves and further automate their inventory management processes.
Information technology consultants such as Pariveda Solutions, a strategic services and IT consulting company, can build multichannel inventory management systems that function in real time”.
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