The progression of technology has had a huge effect on daily life. Innovation drives these advancements forward. Most businesses have benefitted from adopting technology-based solutions, which led to a specific set of products known as financial technology or fintech. The truth is that fintech has revolutionised the way in which businesses operate. Let’s explore.
Direct-to-consumer (DTC) cosmetic brands were already big news before Covid-19 hit. For example, in March 2019, Forbes declared 21-year old Kylie Jenner the world’s “youngest self-made billionaire,” mainly based on the value of her company, Kylie Cosmetics. In 2020, global management consulting firm McKinsey reported that before Covid-19, “in-store shopping comprised up to 85 percent of all beauty product purchases.” However, in the aftermath of the pandemic, nearly 30 percent of the beauty-industry market was shut down—this created space for the growth of DTC consumer brands. The supply chain is growing year on year.
With more companies taking part in the e-commerce craze than ever before, the world of shipping is being navigated daily. Shipping is what connects you to your customers - puts your products in their hands, and in today’s digitised world it must be prized as a remaining physical link. However, too many companies see shipping as an unfortunate cost, and in attempting to cut corners in this area, they make big shipping mistakes. These errors are costly in the long run. Read on to discover the 7 big mistakes you can make when shipping freight.
It's no doubt the logistics industry is a competitive field, with many companies vying for the same clients and contracts. As an entrepreneur, you're always looking for ways to stay afloat and take your business to the next level. Fortunately, there are a steps you can take to make your logistics company more visible and attractive to potential clients. Become an industry leader and attract new business with these great tips:
The use of recycled material by developers of new real estate properties is becoming more common as policies regarding green building become more prevalent. Roadways make up nearly half of the carbon footprint in any new home or commercial property. However, reducing the footprint of your new construction property requires a balance between reducing the size of the footprint while still being a functional and attractive new home or commercial property.
The digitisation of manufacturing and production line processes is driving demand for embeddable tech, self-guiding vehicles, connected conveyor belts and intelligent machines capable of performing complicated tasks with little to no human intervention. No longer the stuff of science fiction, these autonomous systems are already showing their true worth in supply chain and logistics.
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