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News about cost cutting
  • Five 'zero cost' CRM strategies

    It's not shocking that many companies are scaling back, delaying or canceling IT projects. Recent Gartner survey data of 475 IT decision makers in global enterprises with 1000 or more employees found that more companies are actually postponing or scaling back computing projects rather than canceling them outright.
    Conventional wisdom would hold that customer relationship management (CRM) software is one area of the business not to be ignored during tough financial times. But who's got millions to spend on new CRM apps and functionalities?

    Written by Thomas Wailgum26 May 09 22:00
  • Thinking outside the supply chain

    Wal-Mart and other large retailers have been a major driving force behind radio frequency identification (RFID) adoption, causing it to be viewed merely as a more effective alternative to bar codes where it saves billions through reduced labor costs, out-of-stock expenses, theft, warehouse management costs and inventory levels. However, improvement in supply chain identification may only be the tip of the RFID iceberg--billions of dollars in the form of new business opportunities may lie beneath the waterline.
    For example, the Advanced Research Projects Agency Network (ARPANET), the predecessor of Internet, was conceived with a modest goal of improving communication between computers. Who could have guessed back in the 1960s that ARPANET would lay the foundation for today's US$140 billion e-commerce industry?

    Written by Vlad Krotov26 Jan. 08 22:00