Collaboration is the real key to success in manufacturing. This becomes especially important if you are operating from different geographical locations. Many companies quite understandably outsource their manufacturing because they can cut the cost drastically in countries like China, India and Korea. The Problem Geographic distance adds lead-time, and manufacturing centers in low-cost countries [...]
Last week we discussed about keeping your remote millennial workforce happy with Docsvault document management software. But what about your in-house staff? Our document management system is designed to keep users organized and happy; let’s see how: 1) Open and Effective Communication According to a study, over 40% of millennials want feedback every week, this [...]
One of the biggest organizational challenges is acquiring and retaining millennial workforce. Many organizations have found that free coffee and motivational posters doesn’t work the hard way. U.S. Chamber of Commerce, however, found a way to solve this. According to the Chamber of Commerce, 3 out of 4 millennials choose work-life balance over other career [...]
Staying on top of documents, tasks and emails have been a challenge since years. However, now it is time we do not let a ton of documents and emails get the better part of us. We will discuss 5 tips here that will help you manage your documents and document tasks effectively. 1) Zero Tolerance [...]
Any manufacturing unit of a retail business accounts for the typical costs of working with material acquisition, production cost, shipping, and so on. But what about the ‘in between’ costs - the costs that occur while you are trying to complete a task? Most businesses often have overlooked costs while managing workflow – hard [...]
Show me a house that is built without a blueprint. Nuts, isn’t it? If it seems so implausible to make a house with a blueprint, why implementing DMS without a plan doesn’t? Robert McDowell in his book ‘In Search of Business Value’ very aptly said, “Technology provides no benefits of its own; it is the application of [...]
Productivity and Profitability Analysis with DocsvaultFor every business, improving process and productivity is a constant and inevitable challenge. We have a number of tools that help in the mapping process, quality, and productivity in various industries. These tools help us to gather data and analyze them to track productivity.For instance, labor productivity reports can help [...]
Companies around the globe are in a perennial race to be more successful and invest heavily in new technology and talented personnel to achieve that end. This strategy has been slightly affected in these times of global recession and cautious recovery. Now, companies have grown a natural instinct for cutting expenses, saving money and sticking [...]
Information sharing and management has become one of the leading concerns of medium-sized and large enterprises. From security concerns to information management during times of crisis, companies need to be prepared at all times. They need to have strategies for operational crisis, financial crisis, legal hassles and social media stupidities. The recent example of bad [...]
Every organization, at some point, needs to delve deeper and gain insights on their projects to understand where they stand. From NGOs to large organizations, every business is involved in time-sensitive projects that need to be intermittently examined. Here are some interesting facts about project reports. According to Chaos theory, only 50% of project managers [...]