Tag: operational efficiency

Harnessing the potential of green energy solutions is crucial to maximising productivity and bolstering profitability in the material handling and warehousing industry. The drive to go green has seen considerable uptake worldwide, with renewable energy resources making headlines as being a sustainable end to much of the world’s energy problems.

Skills development and resource efficiency go hand-in-hand toward achieving business success. The aim is to provide all workers with the opportunity for personal career growth by ensuring they’re up to date on the latest industry developments as well as how to use the newest technology.

With digitisation reshaping the retail landscape, the future of the industry is unfolding before our very eyes. Since the pandemic began and lockdowns ensued, retailers have been forced to rethink the way they do business and, in particular, the way they serve their customers. 

Oil and gas companies looking to establish winning positions in the decarbonisation transition and beyond cannot achieve that goal by themselves. They will need the help of their customers, particularly those that are heavily dependent on hydrocarbons, and adjacent sectors, and be part of developing the cross-sectoral actions.

The journey to reaching digital resiliency: pursuing digital transformation initiatives to thrive despite the ongoing pandemic challenges. The COVID-19 pandemic has shaken the manufacturing and distribution industry profoundly.

The Internet of Things (IoT) is no flash-in-the-pan hyped-up tech, it’s the future of connectivity and collaboration in a freshly minted digital world. Digital transformation. Over the past year, this term has rapidly left behind its buzzword status to become a key business enabler in a world defined by pandemic restrictions and new requirements to monitor and manage systems and facilities remotely.  

The retail supply chain is large and complex, and constantly needs to adapt to meet changing demand from end consumers. The need for multi-channel fulfilment across online and in store adds to this complexity. Accurate demand forecasting is critical to every part of the chain, from manufacture to distribution to sales.

The oil and gas industry are no stranger to supply and demand shocks, having faced more than a dozen such blows over the course of the past four decades. Most of the supply side blows were the result of sudden supply pullbacks in reaction to geopolitical unrest.

Digital disruption has clearly hit the banking industry hard across the globe. The first decade of the 21st century initiated enormous change in the way financial institutions operate and this has only accelerated over the years leading up to the current 4th Industrial Revolution (4IR).

Artificial intelligence (AI) provides banks with the means to make better use of the massive amount of data at their disposal. In doing so, they can identify opportunities for growth faster and gain significant competitive advantage at a time when more agile digital counterparts are emerging.