Pharmaceutical industry has a traditional distribution network where trade channel management is the primary sales pipeline along with being the distribution funnel for the industry. Channel management is of primary importance in this sector, unlike other growing industries.
People have talked about the Internet of Things (IoT) in diverse terms, but what is it? IoT is the interaction and exchange of data amongst various connected devices and entities over the Internet, which then function towards singular goals. It’s like having a virtual connected universe, where you customize almost all your electronic interactions.
Morgan Stanley predicts that 30% of Microsoft revenue would be purely from its cloud products by 2018. Moreover, Microsoft predicts that the revenue from their new-cloud licensing would be up to 1.8 times the revenue from non-cloud licensing. Technology Business Research (TBR) predicts that the global revenue from the cloud computing platform would be $167 Billion.
Being an entrepreneur offers a thrilling opportunity to create something of value—from scratch. Along with the highs of achievement come the times when you need a piece of advice to pull you out from the lows, keep you in check, and guide you to build a sustainable business. This is where the role of a mentor is critical.
Field service management and logistics management have grown, as an industry, at 18% CAGR. How has this part of the economic world been immune to global market fluctuations? It’s simple. Logistics movement is an integral part of the business model of every company. You have a product or a service, you must take it to the market or bring the customer to your market.
Do you also take a lot of time before finalizing a logistics management solutions provider? Do you wish to check the credibility of their performance, before taking the final call? Finally, do you wish timely and safe product distribution with real time visibility at the least possible cost?
Uber has had been on a topsy-turvy ride in the past few months that could earn it a lead in daily soap-operas such as the Days of Our Lives or All My Children. And now this. Their chief protagonist, Travis Kalanick has stepped down for an indefinite leave of absence. There is going to be a massive restructuring of the board and the vision of the company.
Logistics management has transformed itself in the past half of the decade backed by intense development in machine learning capabilities and data analytics. With the level of integration unleashed by Internet of Things, you can not only track the real-time location, speed, and fuel usage of your in-transit delivery vehicle, but also the calmness of the driver. Your real-time vehicle tracking can be covered by new-age routing and optimization software, whereas the calmness of the driver can be tracked through various wearable technology.
Reaffirming its positon on ‘Green Logistics’ on World Environment Day, LogiNext launches its campaign encouraging its US clients to take up the cause of effective corporate social responsibility. With the logistics management industry occupying a healthy 8% of US GDP, the companies have a unique opportunity to become the game-changers in environmental conservation.
Before the World Environment Day, the United States, as promised, pulled out of the Paris Agreement. Although this is no surprise, as Donald Trump has been laying the ground for it since his ascendancy. However, the ripples of the impending eventuality shook the senses of everyone concerned about Mother Earth.