Reading up about business news, developments, tips, and advice is a fantastic way to stay on top of your business game. We all know how important it is to do; however, when you’re short on time, it can be easy to skip over reading the latest news.
That’s why we’ve put together this round up of business news from May for you to read over. Our roundup gives you a quick glimpse of some of the most interesting happenings in the business world. If any (or all!) stand out and you’d like to read more, simply click the link provided to read the full article.
From learning about voice-picking and improving your e-commerce order-fulfillment process, to better utilizing customer data and becoming a better leader, here are our picks of the top 10 news items in May.
Warehouse Technology & Staffing
The future is already here, what with voice-picking technology already in full force in warehouses. Not sure what “voice picking is? It’s “a system that employs radio frequency identification (RFID) and/or WiFi to relay easy-to-understand verbal instructions throughout your warehouse.” The article above will teach you what it is, how it works, what its applications are, and what its numerous benefits entail.
Many businesses have tried to nail down the order-fulfillment process, but to no avail. Fortunately, we stumbled upon a fantastic article which details seven practical steps you should take to improve your e-commerce order-fulfillment process from order placement to delivery. The steps include such things as choosing the right shipper, being smart about your warehouse location, closely communicating with your customers, and accepting returns and refunds in a responsible manner . Give it a thorough read, and you’ll be well on your way to transforming your company’s order-fulfillment process.
If you’re in the warehouse industry, you’ll be well aware how difficult it is to find reliable and skillful staff at a minute’s notice. Being short-staffed is no doubt a highly stressful challenge for any warehouse business to deal with, and for a while, it seemed like an impossible problem to solve. Enter Wonolo’s on-demand warehouse staffing portal, a staffing solution which aims to solve these very problems. Their service saves companies significant time and money, with their on-demand workforce on average costing 40% less than traditional temp workers.
Are you a warehouse manager or supervisor? If so, you should read this informative piece on how to reduce mistakes in your storage warehouse. The article outlines efficient ways to better organize your storage warehouse and maintain productivity – an excellent read for warehouse industry leaders who are looking to improve efficiency, while keeping the company’s bottom line in mind.
Customer Data & Relations
Imagine if you could pick the brains of industry experts to discover how you can better use customer data to help you make smarter marketing decisions. NGDATA asked 33 customer data and marketing experts to share to answer the question, “What’s the single most important piece of customer data that can help organizations improve marketing decisions?”
Inventory is an investment, so it makes sense to have the latest technology on your side to ensure the process of inventory tracking is as smooth as possible. After all, manual tracking is “outdated, error-prone, and time-consuming.” So what inventory tracking software is out there? Here’s a roundup of 50 of the best software systems for better inventory tracking – complete with a description of each, a list of key features, and pricing details.
Amazon Web Services (AWS) is something that’s on everyone’s lips in the business world. However, as exciting as the cloud service technology is, there are still a number of security challenges it presents. That’s why it’s pivotal to read up on major AWS security issues, such as overcoming the lack of security visibility in the cloud, improving confidence in cloud provider security, and understanding why attackers are attracted to the cloud, to name a few.
Keeping your business secure in today’s age of increasing security threats and cybercrime is a constant worry in the business world. However, despite the importance of implementing security measures, many businesses are reluctant to do so as they would rather prioritize productivity and profitability. As you’ll discover in the article, “Security Tactics That Won’t Slow Your Business Down,” there are many ways to ensure the security of your business while also continuing to support its productivity and profitability.
Given that “knowing where your vehicles are, when they require maintenance, and how to reduce travel time and fuel costs is critical to your bottom line,” choosing the right fleet tracking software solution is one of the most important decisions a company with a fleet can make. Fleet tracking software differs greatly, and there are so many options to choose from, so you should take the time to find the one right for your company.
Needless to say, being a strong leader in your business is not only important for your company growth, but also for your employees’ satisfaction levels. There are many tips and tricks floating around for how to be a successful leader; however, we particularly like this contribution from the Economist which puts a spotlight on key leadership methods for empowering employees and building strong teams. It’s a must-read for anyone who wants to better exercise their responsibility and power as a business leader.
Do you want to build a team of “yes men,” or a team that’s willing to challenge the status quo? It’s a question that leaders are faced with on a daily basis; however, many don’t take the time to really think it through. That’s why we were captivated by John Baldoni’s argument that you should hire people that disagree with you. True leadership isn’t just about creating sheep, after all. It’s about nurturing your employees to have the strength of character, innovative ideas, ambition, and an impressive track record. As Baldoni puts it: “Hiring someone who is opposed to your ideas is not the same as hiring someone who is opposed to you.”
Are there any business articles that caught your eye in May? We’d love to read them, so let us know your recommendations in the comments below!