Businesses today handle large amounts of data, from customer data including payment information, to business and manufacturing data. Holding this much data places a huge responsibility on businesses. With much of the data stored being sensitive, and cyberattacks on the rise, government agencies have placed rules/regulations and best practices on businesses. Although, regulations vary from industry to industry compliance regulations are typically similar and play an enormous role in keeping your data safe.
For many small and medium businesses every penny counts, and a loss in inventory can have a big impact. With this said, high quality security should be top of your list. Gone are the days of the grainy surveillance systems that operated on analog technology. Today digital video surveillance in the cloud can help not only manage multiple locations but also help keep your data secure during fires, floods, robberies or whatever happens to the cameras/building in question.
As your next generation data analytics management partner, Meristematix can provide your business with PREDICTIVE and PRESCRIPTIVE level output. These outputs can provide your management with tools that can accurately predict future demand based on past trends, and then provide suggestions ranging from pricing to supply-chain optimization.
Blue Star distributing held its annual* VARTECH conference in Orlando, October 4th and 5th. Industry leaders from Point of Sale, Data Collection, warehousing, retail and the cannabis industry gathered for this educational conference.
As someone who has worked with small businesses for years I have learned some of the best and worst habits that small business owners make. While all small businesses are unique from the products they sell to how they operate there is one thing that is important in all small businesses, tracking. In any business you can never have too much data. In today’s world gathering data can help you not only better understand your customers spending habits, how often they visit your website, or where they are from. Gathering this data can help in what items to carry, how to market to different groups and more.