Autonomous c-store model gets Wakefern campus test | E-commerce is a good investment ahead of uncertain times | Deloitte: Midsize firms seeking digital payment options
Wakefern Food is trialing frictionless checkout technology from Trigo at a new autonomous convenience store called The Pantry at its campus in Edison, N.J. The store is only open to Wakefern employees and uses artificial intelligence, cameras and shelf sensors to allow for seamless self-checkout.
Investing in e-commerce is a wise move with a potential economic slowdown on the horizon, because it can boost productivity, generate new business and help companies secure a larger share of the market, writes Ryan Francis of business-to-business e-commerce platform KYKLO. E-commerce "radically changes the way new customers are identified in that they find the seller rather than the other way around," Francis notes.
Many midsize businesses are frustrated with business-to-business payment processing and are looking for more digital options, Deloitte reports. A Deloitte survey found that 3 in 10 midsize businesses cite payment processing time as a key issue, and almost half of suppliers complain about late payments.
Thrive can help. Our digital supply chain technologies allow distributors to reduce the right inventory quickly. Thrive re-calibrates and optimizes key buying parameters to send back to your existing ERP system to improve buying decisions—without expensive software to learn.
Just-in-telligent is a blend of just-in-time and just-in-case methods that focuses on automation and artificial intelligence to posit and predict patterns. It "balance[s] the need for additional inventory in some product lines with minimal inventory while smartly considering both supply costs and profitability," considering not only the supply chain but machine schedules, labor shifts and other key aspects, Michael Dale of Infor writes.
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Getting a foot in the door isn't the hard part of selling to C-suite executives, but keeping a relationship going with them is, Ago Cluytens of the Rain Group writes. Engaging them as you would any person, ensuring each conversation has a goal and overdelivering are three of Cluytens' eight ways to have successful executive-level outcomes.
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It may be easier to use fear, demands or self-promotion to get ahead, but Steve McKee, co-founder of McKee Wallwork + Co., writes that such self-serving means often undermine your goal to win respect and trust or be seen as having integrity or influence. "In a world of self-seeking, nothing impresses more than humility," McKee writes.
Remote managers can build trust with team members by detailing each member's goals and metrics they will be measured by, by checking in with them regularly and by ensuring they have resources they need, Remote CEO Job van der Voort writes. "If you don't have your employees' trust now, build it through regular one-on-one meetings that can help you bond personally and talk about the specifics of day-to-day work," van der Voort writes.