Business Archives - Page 5 of 10 - Kutztown, Pennsylvania | Lantek

For many businesses, keeping on top of their inventory is crucial to the profitability of their operations. Inventory management thus becomes incredibly important. Today there are tools being developed that can make managing your inventory and supply chain easier and more efficient. Let’s take a look at three tools that can help you manage your inventory more effectively. 

Large, medium-size, and especially small businesses are facing some difficult times at this point—and for them to make it through this and flourish in the future, some long-term changes are going to be necessary. Let’s break down a few ways that technology should play a role in these changes.

Revenue generation is the name of the game for businesses. That’s why the decisions they make with their available capital are really important. SMBs especially need to have a rapid and noticeable return on their investments if they want to keep pace. To that end, technology is one investment that can provide that kind of fast ROI. Here are three ways you can use technology to benefit your business.

The Internet was always envisioned to be a network capable of sharing information across the globe—hence, the term “world wide web.” However, many online services are currently at odds with governing bodies, many business tactics and decisions impacted or even prohibited as a result. Let’s examine some of these tactics, and how the Internet has been impacted.

For any business endeavor, productivity has to be at the very top of the hierarchy of metrics. Think about it, it doesn’t matter what field you work in or what market you cater to, if your business isn’t productive it is going to have a hard time being profitable. For almost a year, many businesses have relied on remote workers due to the COVID-19 pandemic, and regardless of what you think about remote work, metrics have shown a fairly surprising rate of productivity out of remote workers over this time. With 12 months of data in hand, we take a look at why productivity is still a king of metrics and how the ongoing pandemic has affected the workforce’s productivity.

Data security isn’t a matter to be taken lightly, as too many businesses have found out the hard way. Unfortunately, there are far too many simple ways to correct common security issues - enough that it’s foolish not to do so. We’ll review a few ways to fix security issues, after discussing one of, if not the, most egregious security failings in modern history.

There is no question that a small business can benefit from technology, as has been proven time and time again. However, an issue can arise if a business bites off more than it can chew, so to speak, and ultimately creates a spike in costs. A responsible business owner will resist this temptation and prioritize the solutions they need over the ones they want - building profitability and generating capital needed to make other improvements.

The cloud has proven to be an extremely useful tool for the modern business. Not only does it provide anywhere-anytime access to applications, processing, storage, et al; it also delivers those products as a service, allowing you to budget for recurring costs rather than major upfront ones. This provides your organization with functional, supported, and secure computing environments that eliminate a lot of the support costs that traditional computing environments require. It sounds like a perfect scenario for small and large businesses alike, but things aren’t always what they seem, as a lot of cloud users have found that they have incurred several hidden costs by using cloud platforms. Today, we take a look at these hidden costs.