A Technology Driven World

Would you say that we are living in a technology driven world? Everywhere you look everything seems to be automated, remote controlled, accessed online and computer controlled. From home appliances and equipment we use around the house to the systems that are found in our offices and companies, there is no escaping technology like there is no escaping the future.In any kind of business when sourcing and procurement could be a challenge for managers and company owners, automation is the key to improving productivity and efficiency. Businesses that embrace updated ways to deal with various business processes find themselves more competitive and able to deal with customer concerns whatever they may be.Technology in the production lineUpdated technology will always start in the production line. Business managers and supervisors are keen in looking for ways to improve and speed up production of products. There are machines to sort out, prepare materials, cut materials into shape and move materials to create finished products. All these of course are impossible to handle manually or individually which is why machines and equipment are needed in the production line.Technology in business managementManaging a business also needs efficient technology and this is not just about managing a single department. Business management systems are interrelated which means as the customer places his order this will be handled by customer support and the production team will also be informed of a new order. Supply management will need more materials as indicated by the order and thus suppliers are immediately informed. All in all, business processes are orchestrated by a single system which eases work of business owners and managers.Technology in supply chain managementA business’s supply chain is the secret to preparing and creating products. With a direct link from the production line to suppliers, raw materials are easily shipped or delivered to manufacturers and this reduces any kind of interruption in the production of products. Updated supply chain management technologies are even able to track shipment and deal with logistics concerns to efficiently deliver materials faster and easier.Technology in human resource managementThe management of employees is vital in any business and there is technology that takes care of employees and their needs. From the time employees are hired, computer systems help preserve employee data and even take note of time-keeping to provide their wages and benefits in the best way possible. Human resource management systems will also help enrich the skills of employees and help them with training and skills development.Technology in customer service and customer account managementAnd of course, updated technologies are used in securing customer data as well as providing efficient customer service. Customer data are stored in secure servers and updated systems are also used to help customers with their orders, payment, tracking their orders and in providing technical solutions. Customer service depends on the kind of industry the business has and no matter how small or how large a company is, customers increase their trust as their needs are given priority.Sourcing and procurement companies understand the need for technology and technological products and have years of experience sourcing technology products in today’s global market.

Posted in Uncategorized | Tagged , , , , , , , , , , , | Comments Off

Ask Your Local Travel Guru: What’s New on the Travel Industry Wire?

As a travel guru for many years now, I have seen the travel industry wire adapt in so many ways. As you already know, we now live in a world with instant and infinite amounts of information, right at our fingertips. Like everything else, the travel industry has adapted, grown and cultivated a new identity with our present day world of information. Until beaches start disappearing and people can be teleported across continents, there will ALWAYS be the want and need to visit our regular and new destinations.The travel industry plays a substantial role in the global economy. During 2015, the travel industry wire forecasts global GDP to grow by 3.7% and employment by 2.6%. This demonstrates the sector’s enduring ability to generate economic growth and create jobs at a faster rate than the global economy, which is due to grow by 2.9% in 2015. By the end of 2015, the Travel & Tourism sector will contribute US$7,860 billion, 10% of global GDP, once all direct, indirect and induced impacts are taken into account. The sector will account for 284 million jobs, 9.5% of total employment, or one in eleven of all jobs on the planet. By 2025, the global travel & tourism sector is projected to contribute 357 million jobs and generate $11.4 Trillion dollars. Ask your favorite travel guru and he will show you the various components all contributing to these massive amounts. Let’s check out what the travel industry wire says:Hotel IndustryAmong all the sub sectors of the travel & tourism industry, Hotels is one of the biggest fragments. The travel industry wire explains that hotels generated a global of $457 billion dollars in 2014. Your travel guru has most likely coordinated a recent trip within the Intercontinental Hotels Group. The company contributed the highest revenues, earning $22.8 billion dollars. In the United States alone, the total revenue within the hotel industry climbed to $163 billion dollars. The majority of tourists visiting the United States of America (65.1%) choose to stay in a hotel, where the average daily is a healthy $121.30.Aviation industryAlthough the major corporations, leading sector, seem to always changing names and planes, the industry cultivated a whopping $783 billion US dollars in 2014. Your travel guru may have whispered about some of the airlines not performing, but the industry continues to grow at rate of 7.4% every year. The travel industry wire indicates that Europeans, Americans, Chinese & Brazilians combine for the highest market contributors.Cruise IndustryCruises have steadily become a popular choice of travel the past few years. These are an easy sell for your local travel guru… The luxurious ocean liners, offering food, fun & music for the entire family have created a loyal gathering that continues to grow. Due to the growth rate of 6.55% every year, Cruise lines have postured their company growth strategies, by building larger capacity ships, ship diversification, more local ports and more destinations. The travel industry wire indicates that the average cruise traveler spends approximately $1728.00 every year, with over 22 million people jumping on the floating palace. The cruise industry contributes about $39.6 billion dollars in 2014, and is poised for a solid 6-7% increase.Online Travel MarketAny travel guru, coupled with the travel industry wire statistics, will tell you that the online travel industry has EXPLODED over the past 5 years and will only continue to skyrocket. As more and more people use smartphones and as these smartphones continue to develop into personal super computers, the more information we have, the more we want. Online travel revenue reached $340 billion dollars back in 2011, worldwide and 39% consisted of American bookings. Obviously, the deluge of data & information has contributed to the online travel industry, but hotels and hotel broker websites have been the main proponents to this boom. As everything turns to online information, bookings, etc… the travel agencies, travel gurus and everyone associated with the industry has jumped in. Rarely do you see a corporation dependent on the travel & tourism industry, that hasn’t adapted to the online market.The Future of the Travel IndustryThe travel & tourism industry is an enormous portion of the global economy and will only continue absorb market share. The travel industry wire explains that the sectors and their respective technologies are developing at a rapid rate, procuring the consumer process into a much easier-and faster encounter. Just ask your favorite travel guru.

Posted in Uncategorized | Tagged | Comments Off

Need Auto Insurance? Find Out How Here

It is mandatory for all new car owners to get auto insurance. The Road Traffic Act stipulates that all motorists should be insured against liability and it declares driving a car without a minimum level of insurance is illegal. The violation can attract severe civil and criminal penalties. This can be easily avoided by securing a proper auto insurance cover for your vehicle as per your state’s demands. It is quite a simple process.Nowadays, there is so much dependence on vehicles that the best thing to do is to follow all stipulated guidelines religiously. Getting the right auto insurance cover is one of them.What Is Auto Insurance All About?Auto Insurance simply means a contract or an agreement between an auto owner and an insurance company. Under this contract, premium is paid to the insurer and in return he pays for any car related losses as detailed in the policy.Key Legal RequirementsIn order to get an insurance cover for your vehicle, you would need to fulfill the following requirements. It’s advisable to find out the requirements in your respective state since these may vary. However, these are the broad requirements for auto insurance.Firstly, you should be in possession of a valid driver’s license before you go in for registration or insuring your car. For your license you would need to approach your local DMV (Department of Motor Vehicles). This is the primary requirement.You will also need to have an auto title. It is a legal certificate of ownership that confirms that you own the car. Most of the paperwork is already done when you purchase a gar from a dealer. Licensed dealers are needed to transfer the title of the car in your name. The title will list the owner’s name, address, make of the car, model and year of the car and the date of sale. This should be retained by you.Next, you need to get your car registered. You can apply for registration at the local DMV. The requirements may vary from state to state. In order to register your vehicle, you will require a valid driving license, signed certificate of title for the car, address of residence and proof of your insurance.The law also stipulates that that a vehicle more than three years old should have a valid MOT certificate. It is not possible to tax a vehicle without MOT and certificate of insurance and driving without them is an offence.It is also vital to keep the insurance company informed in case of any vehicle modifications and fixed penalties. Failing to do so is an offense and may affect any claim that you make.You are also legally obliged to take the basic level of auto insurance that will cover you against third party claims. Since the legal requirements for auto insurance vary from state to state, you will need to clarify the level of cover that you require while taking auto insurance. Only insuring the legal minimum isn’t necessarily the best choice to make.As a proof of your auto insurance, the company issues you the following documents – A Certificate of insurance which will also be required for buying your road tax; A cover note that will act as a temporary policy and certificate until your new insurance policy has been set up; and Policy documents which gives a detail of all that you are covered for. Read the documents carefully to understand your rights and obligations under the policy.Insurance companies have set up claim help lines and accident emergency recovery hotlines for ensuring a smoother process. In case of any ambiguity in terms of insurance or legal requirements, get your doubts cleared by talking to the company.

Posted in Advertising & Marketing | Tagged | Comments Off