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BI Technology

What does a modern cloud data warehouse look like?

Source: Äri-IT, autumn 2020 Author: Urmas Tutt What exactly is a data warehouse and when can it be considered modern? In this article, you will find answers to these and many other questions.     DATA WAREHOUSE A data warehouse is a computer system that collects and analyses data. The goal is to discover trends, patterns, […]

Manufacturing

Production management and Dynamics 365 Business Central

Source: Äri-IT, autumn 2019 Author: Virgo Vjugin, consultant at BCS Itera Integrating Dynamics 365 Business Central with your production management software allows your production team to continue using the software they are used to, while providing the company with a number of important benefits that help boost efficiency. Every company is a synergistic entity where all […]

Retail Wholesale Logistics

5 Trends Retailers May Not See Coming Until It’s Too Late

Source: Forbes Chris Walton; Senior Contributor On stage at Shoptalk 2019, Shoptalk Founder and then CEO Anil Aggarwal remarked that it is human nature to overestimate the change that should happen in the short-term and to underestimate the change that will happen over the long-term, say over 10 years or more. And this article is […]

Business Services Technology

How elnvoicing is helping standardize transactional data in Estonia

Source: https://ec.europa.eu/ Running a business can be daunting. In addition to everyday obligations, there are also complex accounting responsibilities involving many time-consuming administrative tasks. According to a 2010 study carried out by the European Commission, adopting electronic invoices (eInvoices) could save the EU economy some EUR 240 billion over a six-year period.  The Commission provides public administrations, service providers, and businesses with […]

Management Technology

Top 4 ERP system trends in 2020 to help plan for 2021

Source: xcelpros.com Nov.2020 So far, 2020 has been a rollercoaster ride for organizations. Companies are figuring out systems to handle remote work, disrupted supply chains, sudden changes in raw material prices, an onslaught of data (especially in sectors like pharma and biotechnology), and labor shortage significant challenges globally. Many of these companies got their tasks […]

Management Technology

3 Important Ways Artificial Intelligence Will Transform Your Business And Turbocharge Success

Author: B.Marr Influencer https://www.linkedin.com/in/bernardmarr/ Internationally best-selling author, keynote speaker, futurist, and strategic business & technology advisor   From the smallest local business to the largest global players, I believe every organization must embrace the AI revolution, and identify how AI (artificial intelligence) will make the biggest difference to their business. But before you can develop […]

BI

The biggest business intelligence (BI) trends 2020

Source: bi-survey.com Companies are in the midst of many profound changes: The amount of data available and the speed of producing new data has been increasing rapidly for years, and business models as well as process improvements increasingly rely on data and analytics. Against this backdrop, a key challenge is emerging: the efficient and, at […]

Business Services Technology

The Fourth Industrial Revolution is about to hit the construction industry

Source: World Economic Forum weforum.org Image: World Economic Forum, Boston Consulting Group Over the past decade, digital progress has transformed whole industries, ushering in a new technological era now known as the Fourth Industrial Revolution. Platforms and streaming services such as Facebook, Spotify and Netflix have transformed media and entertainment. E-commerce giants including Amazon and […]

Management Technology

10 business software (ERP) trends and forecasts for 2020

Source: financesonline.com In the modern age, people won’t let inflexible system solutions get in the way of holistic digital transformation. This is true for most of them, including enterprise resource planning or ERP software. In this light, keeping up with the latest ERP trends is beneficial to consumers and service providers alike. Our collection of […]

Retail Wholesale Logistics

9 Off-The-Radar Retail Predictions For 2019

Source: Forbes.com Author: Bryan Pearson So much of retail is a gimmick. Just ask 2018. Massive sums are invested in immersive experiences that quickly lose their spark and in digital features that fail to make the experience easier. So more than 5,000 stores closed in 2018. In their valid bids to wow shoppers, many retailers […]

Retail Wholesale Logistics

Is outdated technology destroying your retail business? 9 red flags to look out for

Source: lsretail.com Your retail management system is at the heart of your business efficiency. It keeps your operations smooth, make sure all parts of your business are always connected and in communication, and by consequence ensures that you can always deliver services and experiences that meet and go beyond your customers’ expectations. Despite the central […]

Retail Wholesale Logistics Technology

5 clear signs you need Business Intelligence in your retail business

Source: www.lsretail.com As a retail business owner with access to the internet, you have probably heard of Business Intelligence, and maybe discounted it as a catchphrase used by marketing experts to sell their product. It is often being described as a “magical crystal ball” to help businesses investigate their own future and bet on upcoming […]

Retail Wholesale Logistics

What retail CEOs need to know to lead their business into the future

Source: LSRetail According to The DNA of the Future Retail CEO from the World Retail Congress, the top two current and future technical skills for retail CEOs are: Understanding of digital commerce and omni-channel Data/insight-driven approach The expert panel went on to say that the future retail CEO needs to be data-driven “in the extreme”. […]

Retail Wholesale Logistics

How beauty brands are using augmented reality to engage customers and drive return purchases

Source: LSRetail With the growth of e-commerce, the increasing influence of social channels and the emergence of independent beauty brands, the beauty industry has evolved into a highly competitive playground of companies fighting for market share. Women (and men! In just a few years, the male grooming industry has bloomed into a multi-billion dollar industry) […]

Retail Wholesale Logistics Technology

7 Reasons NAV Is The Best Distribution ERP Software Solution

Source: clientsfirst-tx.com; Chandler Hutchison More than 100,000 organizations throughout the world are currently using Dynamics NAV. Delivering the perfect tool for performing a variety of processes, from basic accounting to complex distribution operations, NAV is one of the best solutions you can find to streamline your activities and increase efficiency. Besides offering a specialized system […]

Retail Wholesale Logistics

Dynamics NAV -> Norsk Medisinaldepot buys a new software system for 320 pharmacies

Source: https://www.lsretail.com BCS Itera on Eestis suurim Dynamics NAV ja LS Retail partner. Norsk Medisinaldepot AS (NMD) to enter into a major contract: NMD has signed an agreement  for a cloud-based ERP system for 320 pharmacies and 1600 Points of Sale. This agreement entails the implementation of Microsoft Dynamics NAV and the LS Pharmacy solution […]

Retail Wholesale Logistics

The 5 shopping trends you must know to be successful this holiday season

Source: lsretail.com/blog The upcoming holiday season promises to be big for retailers, at least according to National Retail Foundation (NRF) forecasts. Even though the outlook is good, the competition is tough, and the shopping process increasingly complex. Retailers who wish to reroute customers from the competition to their own doors will need a clear and […]

Management Retail Wholesale Logistics

5 customer demands you can easily satisfy with the right retail technology – Dynamics NAV LS Retail

You know all about how “informed” and “knowledgeable” and “demanding” consumers are these days. Gone are the days when people would go to a store, completely unaware of the products available, and rely on the stores associates’ knowledge and advice to select an item. Today, consumers investigate the products they are interested in on multiple […]

Management

What The Best Brands Will Do In 2017

Andreas von der Heydt Director Kindle at Amazon https://www.linkedin.com Now is the time of the year when every marketer should well reflect on the achievements of 2016 and holistically examine what the New Year is going to mean for marketing, branding, and business. With this article I proceed with a good tradition by following-up on […]

Retail Wholesale Logistics

A Post-Apocalypse Survival Guide for Retailers

Brent Franson CEO at Euclid Analytics www.linkedin.com In August, Macy’s announced that it will be shutting down another 100 stores, about 15% of their total store footprint. According to recent reports, that’s second only to Sears. This month, news reports indicate that Marks & Spencer, a UK stalwart, may shut down its Paris store – […]

Retail Wholesale Logistics

Retail – do personalization the right way and get more customers

http://www.lsretail.com Standard items and experiences are not good enough for the contemporary consumer: people are increasingly attracted to personalized items and tailored services. Let’s just look at product trends. From 3D printing, which enables any Jack and Jill to design and produce their own unique items in virtually no time, to wearables that respond differently […]
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