Advantages of Cloud Backup Solutions

Advantages of Cloud Backup Solutions

Backing up your computer system is imperative, especially in the business environment where disaster management needs to be in the forefront of your mind at all times.

Imagine the chaos that can take place should your systems crash or your network is infected with an unwelcome virus which corrupts all your files. You will lose valuable information from customer account information to invoices and product information to stock levels and so much more. This is why it’s imperative that every company that uses a computer ensures their computers are backed up effectively.

The biggest problem is that a majority of companies still use old traditional methods. Backing up their systems to external hard drives which they store in an office or safe, not the ideal situation. In the event of a fire or flood, it is possible that not only the computers get damaged, but the safe is compromised, affecting the drives inside, which again means you lose everything.

Computer disasters are known to cost companies thousands each and every year, which is why you need to be prepared. It doesn’t matter if you have a small work from home office or you run a large corporation, the importance of backing up your system is exactly the same.

Another problem that is seen with traditional methods of backing up systems is that team members will set an hour aside at the end of each week, backing up their files for the week. While this is diligent, it’s not good enough. In the event of something going wrong with the computer, you will have lost an entire weeks’ worth of work. If all the systems are infected or suffer the same fate, then you lose a weeks’ worth of work off each and every computer in the office. As you can imagine, this is hours of work and possibly thousands of potential income.

The cloud backup solutions are a leading choice for many companies today who want to ensure that their information and data is safe and secure at all time. This is an affordable solution, which enables you to pay for what you need. For smaller companies you will find that you can use a set amount of storage space online that you need, adding more space as the business grows. It’s a type of modular system, which caters to companies of any size with complete ease.

The benefit to cloud backup solutions is that you can access the data you have stored at anytime from anywhere. This means that if you get home and realise you forgot to draw up an important invoice or document, you can do it in the comfort of your home at your own personal computer with the log in information you have been provided.

All you need to use cloud backup storage is an internet connection. This means you can access the data off your phone, tablet or computer at any time. This is very advantageous for managers and directors of companies that want to continue working after hours, but still leave the office.

Further when you use this type of solution you will find that the backup is stored off site, this reduces the risk of the all your data being destroyed in the event of a fire or other disaster. With the information backed up away from the office, you have complete peace of mind that it will be there when you need it.

Further you will find that the system is automatic. Not risk of your system not being backed up for days on end. As a document is saved or a report is drawn, the system will automatically back it up to the system, so you know your backup is always current.

How Inventory Visibility Creates an Efficient Supply Chain

How Inventory Visibility Creates an Efficient Supply Chain

Creating inventory visibility can be a complicated process. Inventory is often stored at many places throughout the supply chain, including the warehouse, shipment trucks, and on the shelf. The complexities of supply chains often make it difficult for businesses to employ accurate means for monitoring their inventory. It’s not uncommon for them to rely on approximations based on shipping invoices or outdated methods.

When managers take a blind eye to inventory management, they miss out on the cost saving opportunities associated with complete inventory visibility. Implementing barcodes, radio frequency identification (RFID), or similar inventory tracking systems can provide your business with efficiencies that aren’t feasible with traditional inventory counting systems.

Improve overall efficiencies

Counting with RFID is approximately 25 times faster than barcode scanning. This speed leads to reduced costs and less disruption. RFID chips can be placed on products-no matter where they are in the product life cycle-allowing more accurate tracking and greater inventory visibility from start to finish. Easy product tracking lets managers see order anomalies as they occur and quickly adjust, saving time and money on future complications.

RFID provides computerized product management, so visibility is possible from anywhere, giving managers full control of inventory, even if it’s been outsourced or is in transit.

Appropriate inventory levels

One of the major inefficiencies that businesses face is improper inventory levels-both too little or too much can be costly. Excess inventory exposes businesses to greater opportunities for products to become lost, damaged, or become obsolete. It takes money to stock products with no immediate return on the investment in storage. Too little inventory prevents you from meeting customer demand, which will not only cost you the present sale, but will also damage your brand’s reputation.

Improving your inventory visibility will empower you to keep the optimal level of inventory to prevent these expensive supply chain mistakes. Optimizing your inventory also ensures that your customers will always have access to the products they want.

Increase market responsiveness

Improved inventory visibility allows you to see market trends more clearly. When it’s obvious that more of your product is moving, you can quickly ramp up production to meet customer demand. Being a first mover on this increased demand provides you with a unique competitive advantage. On the flipside, if products are moving slower, reducing production can prevent excess inventory and save you wasted costs in the long run.

Resolve unpredictable scenarios

Although companies often outsource parts of their production, they cannot abdicate responsibility for inventory when it’s out of their hands. When meeting customer deadlines, a firm grasp on product timelines, even those being produced outside of your control, is crucial. To avoid embarrassing slip ups, RFID tracking and inventory visibility allow you to reduce the risk associated with outsourcing. You can monitor product whereabouts from your own firm. If a problem occurs, appropriate actions can be taken to resolve the issue-before it’s brought to the attention of your customer.

Improve customer relationships

Whether you’re providing products for other businesses or directly to consumers, you know the value of a good relationship. Inventory visibility bolsters these relationships by allowing you to provide products on time and have the appropriate inventory levels on hand. The ability to monitor trends in how inventory is moving means that you’ll always be able to meet customer demand. When customers are able to rely on your business, you’ll be able to develop a more loyal client base, which is always good for the bottom line.

Although implementing a system like RFID for greater inventory visibility can seem like a daunting task, the benefits outweigh the initial investment in time and money.