Macy’s recently unveiled “magic mirrors” that push the boundaries of retail technology. A mirror, linked up to a touch screen, allows shoppers to scroll through their options, then digitally “try on” clothes in the mirror.
Monthly Archives: August 2011
Manage Down Your Supply Chain Costs by Benchmarking
“What you can’t measure, you can’t manage.”
This often quoted old adage has taken on a new lease of life in our current supply chains. Nowhere is it more important to have a firm grasp on the metrics than in the healthcare sector.
Harnessing the Power of P-cards to Optimize Spend Management
The growth in the take-up of purchasing cards for electronic payments within the key operational areas of businesses has been, well, sluggish to date.
One Stop Supplier Shop: E-Invoicing at The Home Depot
We know that automating the processing of invoices lowers transaction costs but it also reduces the time taken to resolve disputes with vendors. Leveraging a vendor portal, serving as a one-stop shop for order-to-invoice transaction processing, documents are matched, payments are made electronically and most importantly, on time.
End the Paper Chase and Reduce Invoice Processing Costs
Drowning under a mountain of paper invoices? Accounts Payable (AP) departments are being faced with escalating costs due to labor intensive, error prone and slow manual processes. Invoices arrive in different formats by post, email attachments or fax and then require extensive human intervention to ensure they are paid on time.
