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How to Maintain Retail Productivity to Effectively Compete

How to Maintain Retail Productivity to Effectively Compete

Retailers have the same end goal as any other business – to make money. But the retail environment is different. Your business model requires a greater emphasis on productivity. Your mission is to maximize sales while minimizing investments in inventory, space, people, and time. The best way to do that is to increase your retail operation’s efficiency. Though there is much to be said about inventory management, effective utilization of space, and the impact of mobile applications on sales, technology is what drives productivity most today. A technologically savvy staff that is well-trained and fairly compensated is a retailer’s most valuable asset. Here are some tips on how focusing on employee enablement and advocacy can boost retail productivity and help you beat the competition.

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The New Construction Productivity Paradigm

The New Construction Productivity Paradigm

Over the last several years, construction companies have really struggled with productivity. Their ability to get more done through more traditional approaches to efficiency has provided smaller and smaller returns, leaving them struggling for ways to do more with less. By adopting a new construction productivity paradigm that allows you to cut costs while increasing output, you’re able to make changes to internal processes quickly and with ease. This provides your employees with more time to get their jobs done by eliminating roadblocks to efficiency and providing them with access to information wherever and whenever it is needed.

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How to Simplify Data Management Using Analytics

How to Simplify Data Management Using Analytics

Your organization gathers data for a number of reasons. Its most basic function is to help you operate efficiently and achieve your goals. Simplifying your data management makes it easier for you to use this information. It also reduces your data storage costs, development, and administration. Let’s explore how the right analytic tools can help simplify data management to give you the information you need when you need it.

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Transform Your Retail Business with Data Analytics

Transform Your Retail Business with Data Analytics

Data analytics have dramatically changed retail businesses around the world. You have likely witnesses this first-hand. Where your focus was once on bringing customers to your store, your challenge now is to bring your store to your customers. Wherever they are, whenever they want, your retail business must be available. Your ability to do this relies on having plenty of information about these customers. You need to find ways to put your data to good use.

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How Data Analytics Are Revolutionizing the Construction Industry

How Data Analytics Are Revolutionizing the Construction Industry

Data analytics have been the driver behind some of the biggest transformations in business – from cost reductions to faster, better decision making and the creation of new products and services. In the construction industry, the ability to effectively use data that’s been collected from disparate...

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Compressed Data Volumes Mean Higher Efficiency and Lower Costs

Compressed Data Volumes Mean Higher Efficiency and Lower Costs

Your company likely relies on data and has invested tremendous resources gathering as much of it as possible. This information is invaluable to your business, as its analysis gives you the ability to identify trends and patterns to react quickly to changing demands and conditions. Your business...

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3 Ways Data Compression Helps Gaming Companies

3 Ways Data Compression Helps Gaming Companies

The success of your gaming company’s games rests on many elements: story, visuals and graphics, memorable universes, and immersive experiences are just a few. But what ties all of these together is your ability to deliver the best possible play experience for your customers, and that means...

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Using Compression to Lower Retail Data Volumes and Costs

Using Compression to Lower Retail Data Volumes and Costs

Your retail business opportunities have shifted dramatically with the introduction of big data, and so has its challenges. There is so much information to be taken advantage of, from price and inventory data to customer credit card numbers, employee records, and competitive analysis. All of this...

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