Retail is a very crowded and aggressive market, and to survive, retailers must have competitive intelligence. Competitive intelligence can help retailers in various ways to keep a watch on the market. These days, it is essential to research market conditions before framing conclusions. The following are some methods of competitive intelligence to stand out from fellow retailers.
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Digital audits are leveraging businesses with their comprehensive analysis, and business insights. Besides, they save money in big numbers for the organization in all possible ways. Here’s a study on how digital audits effectively reduce costs for businesses.
Quality management refers to all the measures undertaken to uphold a desired level of excellence in all aspects of services to satisfy customers’ demands. As a result, a quality management system (QMS) refers to the collection of processes that businesses deploy to maintain customer satisfaction by following quality objectives and policies.
When a firm adopts a mature QMS, it creates a complex network of resources, procedures, and regulations to lead them toward one singular objective: delivering the best and a consistent version of their product.
Globally, incidents of injury and health hazard rates are significantly higher in the construction industry than in any other industry. For example, the Health and Safety Executive (HSE) estimated that about 4% of construction workers suffer from a work-related illness every year, while 3% suffer from a work-related injury. Owing to this, they constantly help develop preventive measures that will avoid significant harm and crisis.
Construction site employers must provide a safe work environment to every construction worker, as construction sites can be dangerous, hazardous, and toxic for them. Hence, organizations carry out safety audits to ensure the workplace is always a safe space for workers.
Good Manufacturing Practices, commonly known as GMP, maintain the integrity of the final products. They ensure that the highest standards are met while carrying out sound operations.
These practices are just as important in the food industry as in the manufacturing industry. Especially with the rise of consumer awareness and food safety issues, consumers expect businesses to take responsibility for conforming to all food safety, quality, and consumer attribute requirements.
The working world as we know it has changed drastically since the rise of COVID-19. Many employees were forced to abandon their office space to work in a space of their own. For some, the switch was mandatory, while for others it was more of a safety precaution due to health concerns. Now that more people are getting vaccinated, more seem to be returning to their office. However, for every person that is heading back to the office, there are still some that seem to be happy working from home.
‘After a year of nearly everything in life being upended, there may be a light at the end of the tunnel. Covid numbers are trending down across much of the United States as vaccinations increase and many places start to re-open. But as Covid potentially nears its end, consumers and companies are faced with a new question: Now what for customer experience?’ BARE shares an article by Blake Morgan for Forbes with post-Covid customer experience.
‘Social media has come a long way from photo posts, likes and comments. More and more of today’s retailers and brands are using social platforms as influential tools to sell their products and services.’ BARE shares an article by Gabe Larsen for Retail Customer Experience on maximizing social connection and enhancing customer experience.
‘The electric car industry is about to become the greatest thing since sliced bread… or so a lot of people would have you believe. The truth is something different.’ BARE shares an article by Warren Shoulberg for Forbes on the electric car industry.
‘Due to the ongoing COVID-19 pandemic, rates of online grocery and takeout orders have doubled as many parts of the world have suspended or reduced movement to curb the spread of the virus.’ BARE shares an article by Cagla Ertugrul for MarketingTech on online food businesses post pandemic.