Cut Costs With The Implementation Of An Address Verification System

By David Jensen

Although it seems that it would be relatively simple to keep an address database up to date, address verification is one of the most important things that a company can do to streamline their operations. And in this economy, these kinds of cost cutting measures can be crucial to your long term success.

When packages or other mail is sent to the wrong address companies lose money. The US Postal Service conducted a survey and found that 22 percent of mail is returned due to a wrong address. Paper, ink, and postage are all wasted, not to mention employee hours that were spent mailing items. An address verification system would eliminate this problem or at the very least reduce it significantly.

Managing a database on your own can be fairly difficult. Consider a database with hundreds of thousands of names, phone numbers, and addresses. All of this information has to be current in order to be ensure that the right products make it to the right people.

The average person or family moves every three to five years. Keeping up with that much change is impossible on your own and what about when mistakes are made. Why not enlist the help of address verification software and free up your time to focus on your business.

With a good address verification system, a user can update the database of names and addresses whenever they want. The software is designed to link up to the US Post Office database. Whenever someone moves they have to register with the USPS in order to receive mail in their new location. When that happens the two databases will link up and information will be updated.

It might seem simple and maybe trivial but having correct address information will save a company a lot of money. Returned mail fees can add up quickly but with address verification time is saved and money can be spent on more important things.

Every phone call your service center has to make to deal with an address issue could be time spent on making more sales. For every returned catalogue or product you could be taking a new order and selling other items. With the right software behind your company you'll be able to work at the optimum level and streamline your business.

Address verification can help any company lower the costs of running business while raising the profits. It truly is an easy way to limit headaches while increasing productivity. - 29875

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Training For An IT Qualification Overseas

By Albartio Pheung

The growth of the software industry has been such that it now bigger than most other industries in the world on the basis of one main aspect; the fact that its growth and work have no limits or boundaries.

But in the early days, the challenge was to get trained people who are certified in all the latest developments in the industry. With Microsoft taking the lead, and most of the large companies following suit, we today have a great network of certified training institutions which follow stringent parameters to churn out world class software specialists, time after time.

One of the most popular places to carry out certified software training is in India. This is mainly down to its world class training premises and trained experts who can teach others, as well as easy connectivity from all of the worlds biggest airports.

In addition to those reasons, India's popularity for IT training is also down to its extremely low costs. If you train in India, you will pay around half of what you would pay in some other places that offer the training, however the standard of the training is easily comparable if not of higher than many other places.

There is another major advantage we that needs to be mentioned. Most of the advanced markets in the world " including the USA, the UK, and many more countries " are migrating towards online education. Getting certified from home has become immensely fashionable, and there are thousands of people doing that each day. However, there are some modules which cannot be grasped online. For these more complex modules, instructor led training is required; and almost all the Indian software training firms have instructor led training sessions, which adds that extra edge to the certification.

So if youre looking to get yourself qualified in a new software module, then heading over to India to do it could land you with a higher standard of qualification than you may have first thought! - 29875

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Freelance Management Workflow Advice

By Gavin Campbell

Management is a very important skill and as freelancers this is imperative. What we need is a good management system so we can very easily find time to do the things that are most important to us. It really does not matter what profession your are in, time management is very important for all of us.

Time management is something that many of us find very challenging and we often fail to overcome it efficiently day to day. Freelancers will be very familiar with the importance of this across all industries. Those of us who have been in a normal job environment know how much easier it is when the boss is dishing out the orders.

It becomes a challenge to manage your time with no boss over you day to day, especially when we have to handle the workload, answer the phones, do the paper work and marketing yourself. Client deadlines can also add the intense pressure to achieve balance.

If we take the time to be goal orientated, we many find a day to day runnings a lot easier. You may need a mentor to help you keep track of you targets, or maybe you might prefer to use a goals program, either way you will need some sort of performance tracker.

I think we have all be guilty of spending time daydreaming or browsing the internet looking for unimportant things during our working day. Many successful people teach that we do not always need more time, but we do need to make better use of the time we already have. Sometimes we need to share our responsibilities will others who can do better jobs than us.

A good way to be organised is to use some sort of CRM (Customer Relations Manager). This is a piece of software that stores any type of information, such as contacts, ideas, sales figures, invoices and much more. It is useful to keep your information stored in one secure place, even better if its online on a secured server with a backup utility.

If your a freelancer and you are on a tight budget, then it helps to store as much information as possible online, or on your system. Try and avoid printing lots of information, as paper & ink cost money, but saving information on a hard-drive dose not. It is also quicker to retrieve information if it is saved in digital format, as long as you have a secure system. - 29875

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Bridge IT Systems To Better Manage Business Mergers

By Jerome Prescott

Two manufacturing firms - one in the US and one in Canada - were merged to provide a strategic advantage in the market. Their blend of capabilities allowed them to provide distinct value to multiple industries such as construction, materials handling, agriculture, and transportation.

This new multinational company had undergone mergers and acquisitions in the past and had several different IT systems. There were looking for ways to enable access to consolidated information to better serve customers across the globe.

Numerous mergers and acquisitions stimulated an urgent need to reconcile disparate sales and distribution models and to gain a clearer picture of business activity. Its existing systems caused redundant work for staff and there was a critical need to deliver more consistent and accurate business information to support management decisions and business users.

To the Rescue - A BI Bridge and Gasket Solution

It was determined that datacubes could be developed to combine data from the different systems, including Excel, that would allow users to create overlays of data for a consolidated view of profits and sales across business units. We refer to this as a Bridge.

Not only did this approach accelerate their ability to analyze important information, it also reduced the current IT report backlog. Users were empowered to mine the information to meet their own reporting requirements (the 'gasket').

Leaking Profits Saved by a Web Store

A manager in the call center overheard an agent taking an order and discounting the price of a popular item. On a hunch, he ran a query against one of the datacubes and found that this happened quite frequently. Customers ordering online always paid the full price, so a decision was made to minimize the discounts on certain items. This simple change reduced the volume of incoming calls as more customers ordered online while improving margins in the call center.

Discovery of Outdated Business Practices

The sales forecasting process in use for some time depended on Sales reps and managers forecasting based on product sales history plus traditional criteria such as product class and customer group. But this approach didn't factor in an increase in the number of comparable products offered by the company's Chinese manufacturers.

As more and more products were sourced overseas, the purchasing options for end customers increased. Often there were similar products offered by Chinese suppliers that were only slightly different from similar products sourced in North America.

Over time the business model had changed. It was becoming more product driven and less customer driven. Price and quality options resulted in more competition and supplier substitution. The forecasting model was now obsolete.

A unique approach was adapted to their growing problem of dealing with product driven business models and forecasts. Yet another way a perspective-driven business intelligence approach increases margins and drives profits for companies in aggressive industries. - 29875

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Tactical Business Intelligence For Mergers And Acquisitions

By Jerome Prescott

A merger of two aggressive manufacturers in the United States and Canada formed a company that brought unique value to the agricultural, construction, materials handling and transportation industries.

As a multinational firm which has undergone mergers and acquisitions, the new company had multiple and disparate IT systems. They were seeking a more simple and timely way to access business data and improve its decision-making process to successfully serve customers in North America, Latin America, Europe and Asia.

Numerous mergers and acquisitions stimulated an urgent need to reconcile disparate sales and distribution models and to gain a clearer picture of business activity. Its existing systems caused redundant work for staff and there was a critical need to deliver more consistent and accurate business information to support management decisions and business users.

A 'Bridge and Gasket' Approach to Consolidated Business Intelligence

The client was surprised to learn how datacubes could be used to 'bridge' data from their various ERP systems and other sources including Excel. Business users would then have access to a consolidated view of sales and profits across divisions and regions.

Not only did this approach accelerate their ability to analyze important information, it also reduced the current IT report backlog. Users were empowered to mine the information to meet their own reporting requirements (the 'gasket').

Discovery of Outdated Business Practices

A business analyst found a drain on profits by being able to dig into the datacubes from multiple perspectives and found that that Customers ordering online always paid the full product price but Customers placing orders via the call center typically received a discount, so a decision was made to minimize the discounts on certain items. This simple change reduced the volume of incoming calls as more customers ordered online while improving margins in the call center.

Poor Forecasting and the China Syndrome

In the past, sales were forecast based on key attributes including customer group, geographies, product classes, and related criteria. Over time the accuracy of the forecasts was steadily decreasing as more and more products were sourced overseas, particularly China.

The current practice for the company was to source the majority of products from Asia and perhaps one-third from the US and Canada. About half of the suppliers were Chinese and even more of their business would be going to China in the future. Customers had more options and were more sensitive to price.

Customers took advantage of the competitive price and quality combinations. As supplier substitutions increased, sales forecasts based on the old model became less and less accurate. The business model was changing from customer driven to product driven.

A unique approach was adapted to their growing problem of dealing with product driven business models and forecasts. Yet another way a perspective-driven business intelligence approach increases margins and drives profits for companies in aggressive industries. - 29875

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