Visionet Systems Inc.
AI-Powered Big Data Analytics for Insurance is the New Normal. How automation reduces dependence on labor during global crises. Preparing for your journey to Magento 2. Modernizing your supply chain in the fashion industry. The truth behind the "competitive advantage" of value-added networks. “Value-added networks provide competitive advantage.”
On the surface, this statement seems to make sense of the eternal value-added network (VAN) claim that the advantage of their network is their network. While stated as fact, “the advantage of the network is the network” is only relatively true, depending on who you’re connecting with and whether the network is where you can find your trading partners (or at least some of them). What does that mean for the rest of your trading partners? This argument for the VAN being a competitive advantage begins to unravel when you look more closely at trade among trading partners.
You’ll arrive at the conclusion that a single network or VAN can’t possibly serve all of a company’s needs. Read more: VAN independence: So, how does a trading partner break from their VAN? Begin at the end. The impact of machine learning and analytics on the banking sector. Current trends in enterprise application integration. Using Robotic Process Automation for competitor research.
Achieving eCommerce Greatness - Visionet. VAN independence: So, how does a trading partner break from their VAN? Independence Day is now behind us and summer is nearing its end.
The 4th of July holiday encourages reflections, reflections that include independence and country. It also includes independence in financial, personal, and business matters. What EDI can mean for your business processes. Businesses turn to EDI solutions because EDI has proven to improve business efficiency and reduce costs.
Compared to manual business processes, EDI helps reduce costs and inefficiencies up to 35%. Businesses from Amazon to Zappos use EDI to take advantage of these benefits. In 2018, annual EDI transactions numbered over 20 billion. 5 best practices for your mobile-first strategy in 2019 - Visionet. Mobile users are highly goal-oriented.
There are 6.8 billion mobile users in 2019 and are estimated to increase in the coming years. Optimizing your mobile view is crucial for grabbing your visitors’ attention. 58% of global traffic comes from mobile platforms, but accounts for only 16% of total sales. Mobile versions of most online stores are not fully optimized, which frustrates users and negatively impacts conversion rates. Striking gold with AcuitySpark - Visionet. “Retail is detail.”
Chadatip Chutrakul, CEO of Siam Piwat, Thailand Thousands of customers walk in and out of your store or visit your website every single day. Do you know their likes and dislikes? What are their preferences in terms of products, colors, and styles? How signal processing can optimize non-seasonal product inventory - Visionet. Why are your cloud costs soaring despite free cost review tools? - Visionet. Struggling to control your cloud usage costs even though you use free monitoring tools?
In the past 3 years, cloud operation costs have shot up by 85%. While IT spending is projected to grow on cloud services, IT managers today need to constantly evaluate the total cost of ownership for success by gaining a highly granular view of cloud activity. Organizations shift to the cloud for quick and easy resource provisioning. Instead of spending days or weeks purchasing and configuring hardware, operating systems, and business applications, being able to create a functionally identical set of virtual resources on the cloud in a single afternoon seemed like a game-changer for long-term growth. However, there is a dark side to this unprecedented level of convenience that the cloud offers: cloud platforms make it easy to create resources, but it’s up to you to ensure that they’re being utilized optimally. Build a sophisticated app in a few hours without coding - Visionet. Automation is all around us, not because humans are getting lazy, but because it helps boost operational efficiency and enhance productivity.
Automating manual tasks enables your team to focus on core business functions without shifting their attention to something that a machine can do on your behalf. One form of optimizing a business process is creating an app for it to reduce manual effort. Web and mobile apps are fundamentally changing how business is done by making business processes simpler and smarter. They help businesses encourage a collaborative culture by improving company-wide information sharing, storage, analysis, and management. What makes some teams more successful than others? - Visionet. What sprang to your mind when you read the word “teams”?
The Cricket World Cup? Microsoft Teams? After what they have done to Skype, we all are a little apprehensive about this one as well, but no, the teams I want to talk about are us, the teams that make up this wonderful organization, Visionet. I want to talk about what makes some teams successful where others might struggle. Planning your journey to the cloud in 2019 - Visionet. Cloud computing has become an important competitive requirement for today’s business information systems.
From agility and scalability to cost savings and security, its benefits are undeniable. In 2019, Microsoft has established Azure public cloud datacenters in South Africa and have also announced new cloud regions for the UAE, Norway, Germany, and Switzerland. 7 reasons to use a retail-specific solution to unify eCommerce and ERP - Visionet. To dash to the cloud, stash in the cloud - Visionet. Managed services and the importance of right-sourcing - Visionet.
How can managed services address skill shortages? - Visionet. Organizations of all sizes have begun to realize that they must digitalize their operations rapidly to maintain competitiveness.
Whether they are upgrading from legacy technologies or venturing into the digital arena for the first time, their survival depends on successful digital transformation. The biggest contributor to digital success is no longer access to capital. A recent poll of C-suite executives revealed that businesses are more concerned about technical resource shortages. Skill shortages are a clear and present threat to your organization’s digital future, but managed service providers (MSPs) provide a viable solution. Here are six ways that MSPs address shortages of skilled resources: By proactively aligning your technology and business objectives Continuing to rely on aging technologies and legacy platforms can generate unnecessary skill shortages.
By continually upgrading resources’ skills Suppose you rely solely on your in-house IT department. Conclusion. How is machine learning making vending machines smarter? - Visionet. Machine learning is all about recognizing subtle patterns in data and then extracting important insights to solve complex problems. Machine learning helps organizations change generic, one-size-fits-all processes into efficient, contextually sensitive processes that save time, effort, and money. Vending machine management is an example of a set of processes that machine learning can analyze and enhance. Time for a new managed services provider? Ask these questions to decide - Visionet. Managed Services versus outsourcing: What’s the difference? - Visionet. Imagine you’re in charge of technology operations for a progressive business firm. Your in-house IT department is stretched too thin providing support across multiple time zones. Application monitoring blind spots, infrastructure failure, or other disruptions can cause support costs to spike unexpectedly.
Whenever your lone resident expert on a specific technology calls in sick, you find yourself praying nervously that nothing goes wrong. How RPA is changing your role in the workplace? For decades, pundits and tech journalists have been heralding the rise of intelligent machines and how they will revolutionize the way we live our lives. A big part of that shift involves “intelligent” software that will transform the modern workplace. With the arrival of accessible automation tools like Robotic Process Automation (RPA), we are finally beginning to see a noticeable change in the way digital technology impacts our work routine. Here are some ways that RPA is transforming our experience – and our responsibilities – as knowledge workers.
Prepare to become a “bot boss” Why is eCommerce integration important? A decade or two ago, eCommerce might have seemed to be reserved for large corporations with annual revenues in the hundred millions. For the past several years, however, the barriers to entry for online commerce are so low and the potential returns so high that establishing an online store should be an integral part of virtually every business plan. Opting for pure conventional commerce is no longer viable. So you’ve either already set up an online storefront or are actively pursuing a digital commerce solutions. That’s great, but is it enough? Swimming with the Digital Commerce Sharks. Amazon is a leader in eCommerce and offers unmatched value to its customers with its 2-day and next-day delivery promise. Amazon even extends its 2-day shipping service to other sellers using “Amazon Shipping”. Amazon can provide the 2-day delivery promise using its extended network of distribution and fulfillment centers across the country.
For any other B2C or B2B company to match this level of guarantee would mean a huge investment for which they can’t leverage the economies of scale that Amazon can. While there is no guessing how far Amazon’s monopoly in eCommerce and fulfillment will grow, there is something other businesses can do. But in this scenario of “everyone else versus Amazon”, sellers, distributors, and shipping carriers will have to join forces, so to speak, to thwart or at least match Amazon on its promise.
How is machine learning used in finance? From screening and approving loans to managing assets and preventing fraud, machine learning plays a crucial role on many levels in financial institutions. Why is EDI integration important to your business? Electronic data interchange (EDI) enables the smooth, rapid, and structured exchange of important data between businesses. Reinsurance risk mitigation using digital risk management solutions.
Reinsurers face a high level of risk from multiple market forces, including claims leakage, the arrival of new players, poor management of aging recoverables, and inadequate business intelligence capabilities. Implementing the right digital solution is absolutely crucial for minimizing these risks. What good risk management solutions offer. 5 ways of achieving flawless EDI integration with Microsoft Dynamics 365. EDI is the most widely used structured electronic data exchange between organizations. However, not all EDI solutions are created equal. Improving your eCommerce experience with an EDI solution. eCommerce is on the rise. Buyers want access to everything from the comfort of their laptop or phone, and customer journeys that span multiple channels have become the new norm.
Because of these and other complexities, success in digital commerce depends heavily on a smoothly functioning supply chain. Successful online retailers are adopting electronic data interchange (EDI) solutions so they can efficiently exchange purchase orders, delivery notes, invoices, and other documents with manufacturers and suppliers in their global supply chain using a single digital platform. Creating a consumer-centric value chain through digital transformation. Within businesses, supply chain professionals are under constant pressure to improve efficiency. Competition continues to increase and customer expectations are at an all-time high. Previously, manufacturers focused on their product and its features, not on whether it was in sync with the needs of the consumer.
With the rise of digital analytics, however, the consumer has taken the reins, changing the ballgame for companies that now have to change their product strategies so they’re more about us, the consumer, than them, the producer. Top new features in Dynamics 365 for Finance and Operations. Creating an effective domestic production model for Fashion & Apparel. Fashion & Apparel makes up a small portion of US imports but contributes to a disproportionate amount of the tariffs collected by the United States government. As the White House continues to hint at an expansion of tariffs to include a wide range of consumer goods that includes apparel and footwear, heavy reliance on imports is a major risk for the industry.
Few Fashion & Apparel retailers and designers have the capacity to establish in-house production, and creating that capacity in a short period is no mean feat. However, moving away from full package sourcing and outsourcing specific manufacturing processes to US factories is a comparatively easier and more manageable change in production operations that the industry can still explore. Apparel, footwear, and travel goods represent 6% of US imports, but they contribute to 51% of the tariffs collected by the United States government. Delivering a Unified Shopping Experience through Omni-Channel Enablement. Accommodating consumer diversity using business intelligence. Improving your supply chain efficiency with ERP-integrated EDI. Reducing small parcel shipping costs in Dynamics 365. 3 Quick Supply Chain Wins Using Robotic Process Automation. Dynamics 365 vs. SAP Business One: Which is the Better ERP? Improving your supply chain efficiency with ERP-integrated EDI.
What are you able to build with your bots? What are you able to build with your bots? 3 Ways to Overcome Apparel Supply Chain Uncertainty. Why understanding your customer journey in the Age of the Customer is critical for success. Solving common supply chain communication issues with specialized digital solutions. Collaboration, Agility, and Visibility: The Supply Chain Trifecta. Data needs cleaning before machine learning can find meaning. Visionet Systems announces launch of Advanced Shipping Solution on Microsoft AppSource. Where to apply machine learning for supply chain optimization. From Thought to Bot: The Rise of Commercial AI. Google Searches and ML-Could Google Become Largest Inside Trading Platform Ever? Selecting the Right EDI Solution Partner. Optimize Your Inventory Using Predictive Machine Learning. Filling the missing middle: Practical steps towards AI-enhanced operations.
Basics of Retail Process Integration. Creating an Effective Map of the Customer Journey. Maximizing Operational Visibility Using ERP Technology. 5 Tips for Worry-Free ERP Implementation. How integrated EDI improves data visibility and shortens order cycles. Improving Data Management for Retail Excellence. Improving Data Management for Retail Excellence. Creating a Memorable Retail Experience. 3 Reasons Why Digital Lending Will Bring You More Sales. How Leading EDI Solutions Streamline Operations and Partner Onboarding. Top-to-Bottom Process Coordination across EDI, ERP, and E-Commerce Platforms. 3 sure-fire ways to cut down on loan review costs. The Essentials of Retail Resource Planning. Improving Your Mortgage Process by Learning from Experts. Want a winning digital mortgage experience? Support borrower adoption. Streamlining mortgage QC with digital process management services. How ERP Integration Enhances Multichannel Commerce.
Exceeding Borrower Expectations. Efficient Mortgage Operations 101: Essentials for Lenders. The many Dimensions of Omni-Channel Success. Future Proof your EDI Communications Integrations. ERP-to-E-Commerce Integration: Why have separate platforms at all? Can electronic invoicing reduce late payments? How Prepared are You for Electronic Invoicing? If you already use ERP and e-commerce, is integration worth it? The Hidden Benefits of Electronic Invoicing.