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5 Common Mistakes That Are Not Letting Your Digital Agency Grow

To survive in times of strong competition, the need to switch to new digital agency billing software cannot be neglected. Every now and then, a new technology comes along that makes business easier and complements your processes. If you are one of the companies that still want to keep your traditional way of doing business, how do you plan to compete with those who master a much more advanced way of working?

Reinventing business processes is a challenge that all digital agencies face. We have to understand that every company has its requirements, needs, and functions that define its works.

Here are some of the daily mistakes a digital agency makes in its billing and performance management:-

1. Late billing
Invoice creation is undoubtedly a major pain point for many digital agencies today. Creating a detailed invoice is a tedious task that involves a longer period of time. Despite being so labor-intensive, it is still not able to get rid of manual errors.

Besides being time-consuming, repetitive sending of invoices and credit memos becomes a mess. These types of invoices need to be sent over a period of time to maintain a stable cash flow. When they are delayed, this leads to a deficit in the account and thus becomes a serious problem for the accountant managing RA and AP.

Online Invoices serve as communication between you and your customers. Therefore, due to their late submission, the entire communication system breaks down. The customer remains uninformed about their invoices, leading to potential penalties, which ultimately leads to decreased customer retention rates and hinders customer satisfaction.

2. Managing customers at a desk
Every business depends on the revenue it generates from its actions. Hosting a large clientele seems like a win-win situation for your digital agency, right?

With such a large clientele, you need to upgrade your existing systems to meet their demands and expectations. Negotiations and deals are good, but strong client relationships are what drives your agency's business and help you maintain a strong position in your field.

With many clients come many accounts, and managing them requires much more efficient resources. Any mismanagement can put your entire digital agency at risk of huge losses and a damaged social image. Once word gets out, it can have a ripple effect on your business, leading to a downward spiral. That's the last thing you want for your business, right?

3. Go local with global customers.
Overcoming territorial boundaries and expanding across borders is a dream that digital agencies harbor. But rarely do agencies really innovate their software tailored to serve a large client base.

Serving clients from around the world brings its own challenges and communication chaos. Meeting client currency, denomination, and language requirements is a major hurdle that most digital agencies can't overcome.

Sending invoices in your client's local language and currency allows for much better understanding and communication. Invoices that don't adhere to this often become a scapegoat for confusion, unintentionally hindering your business and ROI.

4. Invoicing without time tracking
Outsourcing employees to work on your clients' projects is an effective way to acquire multiple projects in a limited amount of time. Most of these projects are time-based, so you can invoice your client based on the hours spent on your project.

Sending accurate invoices makes you reliable and trustworthy. But often, several digital agencies face the dilemma of billing clients based on the time spent on their projects. Often, the time recording is inaccurate, resulting in an incorrect invoice.

These mismanaged timesheets often compromise your accounting timesheets, resulting in chaotic management. Your efforts, your time, your resources, and more will be lost if you do not manage your projects with customized agency billing software.

5. Chaotic workflow and approval process
Every company has its own established hierarchical vertical system, which makes the whole process much smoother and more convenient. The established workflow even increases productivity and makes the work less time-consuming. But what happens if the hierarchical structure deteriorates?

With non-personalized management, approving the entire account becomes very tedious and delayed. Since members cannot communicate on a single platform, communication becomes ineffective.

In addition, accounts become confusing as records become too opaque, leading to misinterpretation and ultimately stalling cash flow.

It's time to understand what our customers expect from us and what we need to do to meet market demands. If you want to stay relevant in your field, you need to constantly innovate your business and use online digital agency invoicing software to manage AR and AP, customers, projects, etc. to increase your utility.

But as always, there are no challenges that cannot be overcome. With the evolution of custom software, it is very easy to address the problems mentioned above. How does custom billing software help your business? Well, we'll leave that for the next blog.

Invoicera is one of the leading online invoicing software in the market. The cloud-based invoicing and billing software has been serving over 3.5 million users worldwide for more than 16 years. The software can be customized to meet individual business needs and works for enterprises, small businesses, and freelancers.

The auto-invoicing software offers a range of unique features tailored to the specific business needs of freelancers, small businesses, and enterprises. It helps automate and streamline business processes and communication with online invoicing and payment, expense management, recurring/pre-payment billing, customer/vendor dashboards, time tracking, invoice approval process, multi-lingual and multi-currency support, staff authorizations, financial reporting and analysis, purchase order management.

Thank you!

Read More Blog on www. invoicera.com
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[September-2021]Braindump2go New PL-100 PDF and VCE Dumps Free Share(Q116-Q127)
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A Passive Income can be described as the earnings or an income that keeps coming to you month after month even if you stop working. You need to work hard once and the income keeps pumping in for years to come. Anyway, you are going to do something to earn a living, and choosing the smart ways to earn money while you sleep can be one of the wisest decisions you will ever make. Billionaire Warren Buffett is a big fan of Passive Income and is proven by his famous statement. "If you don't create a way to make money while you sleep, you are going to run behind money your whole life". Why do you need a Passive Income? A Life free from the worries of Money no matter what you do or where you go can be fulfilled by Passive Income. Everybody does something in life in order to make money & earn a living. The reason why it's so important to create a residual ongoing income is to have good financial security. No matter how good you pay is, a paycheck to paycheck is a slavery life with chains wrapped around. It's proven when you get a weekly off and you feel like you just came out of prison. Isn't it? Otherwise, why would you plan so much to enjoy on weekends and not on weekdays? How to Create a Passive Income Online? Passive Income can be generated online or also offline. The difference between online and offline may be the ease to invest and also the risk involved. Let's say you choose to invest in real estate to create passive income, it will cost a lot of money for your initial investment. & if you choose to blog, Vlogging or affiliate Marketing you might require lesser Investment to start and less risk too. Creating a solid passive Income might take years but you need to be patient. Some tips to create an ongoing income: >>> Passive Income Ideas <<< The greatest success in life always demands the biggest sacrifice, however the rewards are long term and is worth every penny. Choose to invest your time and money wisely for the next 1-2 years, you will have a solid Passive Income that lasts for years to come. Get trained from a successful entrepreneur before you take any actions.
Significant COVID-19 Impact on Footwear Sole Material in Chemical and Material Industry
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Sole material is also used for manufacturing of inner sole which is softer than the outsole. Sole of a shoe is also known as outsole which is bottom part of the shoe. More of the times outsole comes in direct contact with the ground. Footwear sole is made up of soling materials such as: Polyurethane Polyurethane is a type of polymer which is composed of organic units which are joined by carbamate links. Polyurethanes are kind of thermosetting polymers which do not melt when heated on high temperature. Polyurethane is of different types which are methylene diisocyanate (MDI), toluene diisocyanate (TDI) and polyols. Rubber Rubber is kind of elastic substance which is obtained from exudations of certain tropical plants which is natural rubber. Rubber products are also derived from petroleum and natural gas which is called as synthetic rubber. Bio-Compounds Bio-compounds are materials which are made of several cells and other structures of organisms are known as bio chemicals compounds. In bio-compounds carbon compounds are important which make the material light weight. Several materials are being used in the production of footwear sole which can provide high comfort and light weight shoe. Different types of shoes are being used for different application due to which different materials are being used in the production of footwear sole. Polyurethanes as a soling material is comprise of almost limitless chemical formulation combinations which give designers and manufacturers freedom to create innovative designs according to the application of the shoe. The soft inner sole is more in demand among women fashionable footwear and daily wears and also for kids due to lightweight and super soft sole material which is more used in the footwear. COVID-19 IMPACT ON FOOTWEAR SOLE MATERIAL MARKET Corona virus was started from the China country and now has reached to every corner of the word. The COVID-19 has larger impact on different industries due to which the growth of the business and world is recovering in very steady pace. The pandemic have hit the economy very hard world wide as the lockdown was imposed in all the regions which have made the situation challenging for all sector for growth and also the developing actives will be done in the stager manner. No sector was immune from the effect of the COVID-19 as all the manufactures of the footwear sole material in the regions have faced the ups and down in the business due to the COVID-19 situation and unable to forecast the demand of the footwear in the market. The demand for the footwear sole material has fallen in the industries due to the lower production of the footwear in the global market. The export and import of the footwear sole material in different countries have fallen down due to the pandemic situation created by COVID-19. The big brands or manufactures are producing at 25%-30% of their full capacity as demand of the footwear has fallen in the market. Government has imposed the lockdown rules in the entire region due to which people are setting at their home. The demand for the light weight sole material in the footwear have fallen down in pandemic no physical activities were going on which lower the demand for sport shoes in different games and physical activities. Different types of footwear sole are used in different type of footwear functionality. Due to lockdown in several manufactures activities were on halt, the demand of footwear has fallen down in the industries due to which the demand for footwear sole materials have decline. The cascading effect of the spread of the corona virus can also be seen on the foot wear industry. Footwear industry have also have to face the pandemic situation which created by the COVID-19. The production in the footwear industry has been on halt due to the lock down and shortage of the labor in the factory. The virus is taking a massive toll in the economic front, shutting down businesses, curbing international travel and impacting production lines of major global businesses. On evaluating footwear industry in the countries, the major brands have shut down their stores, and some of them have also delayed their new collection release which has lowered the demand for the footwear sole material in the market. FIGURE 1 NEW PRODUCT INTRODUCTION RATE (2019 –2020) From the above diagram we can interpret that the introduction of the new footwear models in 2020 was fallen down as in 2019 introduction of athletics shoes and sneakers was 11.00% which fall to 4.15% in 2020. In 2019 introduction of boots was 3.00% which fall to 5.00% in 2020. In 2019 introduction of heeled shoes was 12.00% which fall to 5.00% in 2020. With the decline in the introduction of new products in the market will have negative impact on the demand for footwear sole material in the market. IMPACT ON RELATED INDUSTRY OF FOOTWEAR SOLE MATERIAL IMPACT ON FOOTWEAR INDUSTRY According to experts of World Footwear, global footwear consumption is expected to fall by 22.5% in pandemic year. In Europe, demand of footwear declined by 27%, in North America demand of footwear is declined by 21%, and in Asia-Pacific demand of footwear is declined by 20%. The revenue of the foot wear industry has fallen down by 10%-15% in the pandemic situation as the import and export of the footwear have been declined. The demand of the footwear on all distribution channels have declined globally due to which manufactures have to face the challenge of the stock clearance. Footwear companies such as Adidas and Puma are also experiencing major effects due to the coronavirus headwinds. Most of the branded stores have been closed in the virus-driven countries. The big brands have lost the sales of USD 50 million to USD 60 million due to the outbreak. Other luxury labels are predicting serious blows to their sales too. With the falling sales of the footwear in the market have lower the demand of different footwear sole material which have impacted the global footwear sole material market. STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE Manufacturers of footwear sole material market have to face many difficulties due to halt in the industries which leads to low demand of footwear for all end-user segment which resulted into low demand of footwear sole material in market. The demand of footwear sole material is more in athletic shoes and also in daily wear flip-flops in the end-user segment which helped the manufacturers to earn profits from the stock as the demand for the light weight flip flops and sandals which people wear on daily basis have increased on larger extent. Manufacturers have also taken strategic decision to cover the losses which occurred due to COVID-19. Several OEMs and manufacturing industry have collaborated together and started production. In addition, fulfilling the demand of footwear sole material in the different countries manufactures are helping each other financially in business. IMPACT ON THE RAW MATERIAL PRICE Synthetic rubber is used in the manufacturing of the sole of the footwear. With decline in the demand of the footwear which resulted in decline in synthetic rubber footwear sole material during the COVID-19. Synthetic rubber footwear sole material is more used in the footwear industry as to fold and cut due to the property of flexibility which increases its demand in the footwear industry. Due to COVID–19, prices of footwear sole material are adversely affected as the downfall in demand of footwear in various industries. FIGURE 2 PRICE OF SYNTHETIC RUBBER (JANUARY 2020 –JULY 2020)(USD) From the above diagram we can infer that the price of the synthetic rubber is falling on constant rate due to the fall in the demand by the automotive, tire and footwear industry. The price of the synthetic rubber in January 2020 was 201.80 USD which fell to 192.00 USD in the month of April 2020 when the lockdown had increased the production activity have fallen down due to which the demand of the synthetic rubber have fallen down. In the month of May 2020 the price was 190.10 USD which again fell to 184.10 USD in the month of July 2020. CONCLUSION In 2020, COVID-19 has bad impact on the demand of footwear products due to which demand of footwear sole material product have fallen down. The demand of sports shoes, casual shoes have fallen down in all end-user segments which includes men, women and kids which resulted in low demand in footwear sole material in global market. The manufactures were able to earn revenue through the sale of footwear sole material for flip flops in the market during COVID-19. With the increase in sports and recreation activities and also with lifting of lockdown, the demand of different type of shoes in different industry will increase which will have positive impact on the demand of the footwear which is expected to boost the global footwear sole material market. Import and export of raw material and finished product of footwear products with other nations will help to boost global footwear sole material market in near future.
Top 80 best blog topic ideas for 2021
There are writes about essentially every theme believable, yet that doesn't mean they're all acceptable! Here at The Encyclopedia, we accept that any individual who places in the perfect measure of centered exertion can assemble a crowd of people on the web, regardless of whether it is about a dark subject. Yet, realizing what to blog about isn't in every case simple. Blog thoughts and blog themes aren't in every case simple to conjure up. We ran a publishing content to a blog challenge some time back, and studied the members about the theme thoughts they were thinking about for their sites. They didn't utilize these blog thoughts, yet a significant number of them got utilized. Best blog topic ideas for 2021 Don't have the foggiest idea what to blog about? Here are 80 blog points and blog thoughts to make you think on what to expound on. 1. Personal growth/self-awareness (how you defeated some deterrent or began another propensity, and what you realized) 2. Wellbeing and readiness for occupied individuals 3. Learning another dialect 4. Step by step instructions to go on a careful spending plan (best lodging bargains, trip exhortation) 5. Composing/composing style/copywriting 6. Creature salvage 7. Digital currency (Bitcoin, and so on) 8. Social elements and relational abilities 9. Working in extraordinary fields of aptitude while area autonomous 10. Making your own ______ at home 11. Plans for couples without youngsters 12. Male advisers for female correspondence 13. Utilizing innovation in independent company (charge card preparing, client relationship the executives, email advertising, and so on) 14. Writing for a blog about exceptional sorts of food varieties (we have a seminar on this one!) 15. Tormenting/digital harassing 16. Social issues in youngsters 17. Body-weight preparing 18. Innovative instruction for little youngsters and grown-ups 19. Plate golf 20. Do-It-Yourself projects, DIY business and selling hand crafted things 21. Instructions to have a solid marriage 22. Instructions to be an old buddy 23. Instructions to prepare for a marathon 24. Professions versus occupations: following your enthusiasm 25. Getting AWS affirmed 26. Getting Microsoft affirmed 27. The best burgers around there/state/country 28. Self-supporting ways of life (developing your own food, utilizing sunlight based force, living off the lattice, and so on) 29. Psyche fortifying (mind over issue/clear dreaming) 30. Past the nuts and bolts of individual monetary administration 31. Good dieting during seasons of pressure 32. Phantom chasing 33. Home blending brew 34. Self preservation preparing ("for ladies" or "for kids" or "for business chiefs") 35. Independent computer game turn of events 36. Computer game strategies appeared through video instructional exercises 37. Assisting independent companies with getting clients 38. Local area planting/metropolitan cultivating 39. Beginning and running your own interpersonal organization 40. Simple to use photography (how to make extraordinary photos with your telephone or whatever camera you have in your pocket) 41. Blog and web composition for non-planners (how to make your blog look mind boggling without spending a fortune) 42. The specialty of getting what you need (how to utilize certainty and method to get what you need from life, your connections and your profession) 43. Making great video for the web (how to use the video medium to take your image, blog, site, or business to a higher level) 44. Independent work (The coordinations behind how to begin functioning for yourself, how to find employment elsewhere, discover health care coverage, set up a business element, and so on) 45. Instructions to compose an e-hit (recording the way toward making an Amazon Kindle hit.) 46. Quick language learning for moving to another country 47. The most effective method to improve as an author 48. The most effective method to shed pounds and feel marvelous (even at middle age, the Primal/Paleo way) 49. Current veggie lover counts calories 50. Metropolitan driving by bike 51. Loft living (this could go from tenant issues to style, and so on) 52. Inside plan on a careful spending plan 53. Eating natural on a strict spending plan 54. Wellbeing cognizant, high mileage, moderate voyaging 55. Instructions to turn into a celebrated rockstar on the web 56. Sports photography 57. Fundamental abilities/life instructing for secondary school understudies 58. School making arrangements for self taught students 59. Talking openly (how to defeat the dread of the crowd, insignificant ways to deal with introductions, and so on) 60. Discovering family congruity (improving the connection between relatives, how to build the innovativeness of children and guardians, how to assist kids with discovering their energy and inward harmony) 61. Elective running occasions (mudruns, Tough Mudder, Spartan Race, Warrior Dash, and so on) 62. Learning the Ukulele and other more uncommon instruments 63. Figure out how to play guitar at a more established age 64. Instructions to make contentions without losing companions 65. Turning into a wine authority or sommelier 66. Fabricate a custom boat and cross the Pacific in it 67. Getting the hang of tennis and fitting the bill for competitions 68. Windsurfing 69. Stand-up paddle boarding 70. Portable applications that can improve profitability, associations with loved ones, and in general personal satisfaction 71. Easier living (a blog that will investigate and plan an excursion from a hopeless customary method of living back to a failed to remember lifestyle) 72. The best "places" all throughout the planet and do they satisfy everyone's expectations? 73. Instructions to do travel photography/videography 74. Planning for The Next Great Recession (A blog dependent on a maintainable way of life with a more modest impression) 75. Building an iPhone application without any preparation 76. Apocalypse predictions all through time 77. Vehicle upkeep for non-gearheads 78. Maintaining a little deft business (we have a 9 phase writing for a blog/business guide for this) 79. A "great Ccause" blog (recounting the accounts of effective non-benefits and good cause) 80. Eco-the travel industry read full article
Bring Impeccable Changes In Remote Work
Regular Monitoring of the remote workforce brings a lot of wins for organizations. This can become a swift and simple task for all managers to provide a permanent value to the organization. It can also ensure that every team member is aware of the latest projects activities or even their responsibilities and make everyone understand what is happening around them, either inside or outside the organization. Thus, when managers have regular communication with their remote teams, it helps a lot, especially when problems happen unexpectedly. And when they have been able to discuss issues as soon as possible, the problem will not lead to significant disruptions that may affect the overall process. Remote Monitoring & its Benefits Remote Monitoring is a process of tracking employees’ activities, internal communication, and performance without making them feel observed. The aim is to achieve better business success through employee satisfaction. You can use just one tool or combine it if you have various remote locations with specific requirements. Let’s explore some of its benefits below - 1. Employers can easily monitor their employee’s performance remotely without having to check upon them physically. 2. Online time tracker helps you in getting better results from each employee. 3. It helps in knowing how much time a person has invested in a project and whether the schedule is maintained. 4. It is very helpful to get in touch with your team members’ performance status from time to time. In addition to the enumerated time benefits above, productivity time tracking software provides a diverse range of time management features such as the time entry feature (which means that you can enter time manually), time card creation, auto time input from emails, and many more. Reasons to track activities of your remote workforce 1. To minimize the distractions 2. Add surveillance for insider threats 3. To develop clear productivity directives for a remote team 4. Project Management Tracking 5. Create an extra layer of security for weak remote networks Which software should be used for employee monitoring? Monitoring and tracking Employee Productivity and performance can be complex, but the right software will show increased quality from your team. When choosing a monitoring tool, you need to make sure it fits your company culture for everyone in the office. A Time Tracker Software should be able to meet the following requirements- · Activity monitoring · Time tracking · Task tracking · Better employee management · Remote access · Time wasted reports · Better productivity · Clear timesheets WorkStatus is one of the best Employees Monitoring Software that meets all the above requirements. Also Read : How Can Regular Monitoring in Remote Work Bring Impeccable Changes?
Significant Impact of COVID-19 on Bulk Material Handling System in Semiconductors & Electronics Industry
COVID-19 Impact on Bulk Material Handling System in Semiconductors and Electronics Industry The lockdown situation during the COVID-19 pandemic has highly impacted the global economy. Most of the governments from different countries imposed a lockdown to break the chain of coronavirus spread. All companies related to various industries have been shut down except a few dealing with COVID-19 operations such as pharmaceutical, essential goods and services and the food industry. As a result of the COVID-19 crisis, many bulk material handling companies throughout the world have had to either temporarily close or reduce their workforces to prevent the spread of the virus. Through worldwide shortages of goods, it soon was apparent how important the world’s manufacturing and warehouse productivity is to the economy. In the bulk material handling system market, the business impact eventually proved to be less severe than first anticipated once lockdowns and restrictions were lifted. Nevertheless, the limited access to customers’ sites affected both capital and aftermarket sales of suppliers throughout the year. The COVID-19 pandemic highlighted that automation is needed for supply chains to increase efficiency. During the recent period, very few percent of supply chains felt fully prepared for the coronavirus impact. However, the bulk material handling industry can develop this situation with innovation, automation and perseverance. AFTERMATH OF GLOBAL BULK MATERIAL HANDLING SYSTEM MARKET COVID-19 pandemic affected a wide range of industries, from small to large manufacturing companies. It hampered the worldwide demand for solutions in the bulk material handling system market up to a certain extent. Limited workforce and operational restrictions negatively affected the product development life cycle. But at later stages, when lockdown restrictions were lifted, demand got stable up to a certain point. The companies developed different strategies and technologies specific to tackle problems that occurred because of the COVID-19 pandemic. For instance, · Daifuku Co., Ltd., a material handling company, stated some measures and strategies to overcome the challenges faced during the COVID-19 pandemic in their annual report 2020. To prevent the spread of COVID-19 and maintain distance from one another required a new approach to service activities for systems post-delivery. Accordingly, they are working hard to use the Internet of Things (IoT), artificial intelligence (AI) and information and communications technology (ICT) to establish material handling systems that never stop or that will be able to recover immediately even if blocked. They will continue to support stable operations of customer facilities by introducing new technologies and services, including remote operation, while ensuring the lives, safety and health of employees and their families. Likewise, many companies have started introducing new technologies and methodologies in the COVID-19 situation to remain better positioned in the market. Losses during this period can be overcome in the future by taking this slowdown to redesign and refresh the business processes and logistics operations. OPPORTUNITIES FOR THE MARKET IN COVID-19 SITUATION Market players have an opportunity to upgrade their operations and prospective for the betterment of their companies. Automation is the key to success in this unpredictable world. Different crises, labour shortages, natural disasters impact a lot on every industry. So being one step ahead of time and understanding the market well will ensure the success of the market player. In this COVID-19 pandemic, many companies adopted process automation and customization as an opportunity to survive and grow. Some of the instances are mentioned below: § Automation to overcome labor shortage: Though recent events have worsened the labor gap, the labor shortage is not new for many industries, as more workers retire and skills requirements increase. Automation offers solutions to some of these problems. Automated Process Equipment Corporation provides solutions and services for bulk material handling companies to overcome labor shortages during this pandemic situation. Super sack handling, accurate measuring, automatic routing, easily reprogrammable controls and electronic record keeping are solutions that will improve automation and reduce the dependency on the massive number of laborers. § Customized Solutions for Booming Market: KWS Manufacturing Company Ltd. partnered up with Coperion K-Tron to provide the solution for the world’s most significant high-density polyethylene and polypropylene suppliers, which is used in consumer and industrial goods ranging from plastic bags and bottles to N95 medical masks and face shields. Due to the increased demand for polyethylene and polypropylene, expanding the client’s extrusion line required new loss-in-weight additive feeders and a mixing screw conveyor. KWS and Coperion K-Tron sales and engineering teams collaborated to ensure the extrusion line expansion would be successful. IMPACT ON SUPPLY AND DEMAND COVID-19 has disrupted the supply chain on a global scale. International trade restrictions and customs regulations resulted in longer wait times and a lack of capacity for long-haul deliverables. During this pandemic, the demand for bulk material handling solutions decreased because of the limited access to customers’ sites. This affected both capital and aftermarket sales throughout the year. Most of the companies faced challenges in managing on-time project completion and order deliveries. However, many companies took this to redesign their operation and logistic models with digital capabilities to increase operational efficiency and effectiveness in such a period. For instance, · ThyssenKrupp AG Company adopted the digitization of their business processes and supply chains in 2019-2020. Their focus was on the introduction of automation solutions which included the new mobile app “Paperless”. This app allowed digitizing day-to-day processes in warehouses such as bookings, preparation of work schedules and material identification. It also created the conditions for using other automation solutions, such as driverless transportation systems, to be used in a new state-of-the-art logistics center for ThyssenKrupp Schulte. Such positive changes and automation in the supply chain will enable the companies to emerge stronger and supply chains that are more resilient to future disruptions. CONCLUSION The global bulk material handling system market suffered losses during the recent period because of COVID-19’s negative impact on global demand and supply chains. Yearly sales for the market-related products got hampered due to limited access to customer’s sites. But relaxation in lockdown regulations after few months helped the market to somewhat come back on track. However, many companies started building new technologies to overcome supply chain problems in pandemic situations. They adopted digitization and automation in day-to-day business processes and supply chains. Although it will take some more time for companies to come back on track, this period made everyone realize the need for up-gradation in many business aspects.
How COVID-19 Impacted on Intelligent Vending Machines ?
COVID-19 Impact on Intelligent Vending Machines in Semiconductors and Electronics Industry The pandemic begins with its epicenter in China in 2019 and has been continuously spreading by then to all over the globe, so far 216 countries and territories have been affected with COVID-19. The COVID-19 cases reaching to various countries which have strong dominance in the worldwide market and have adversely affected the economic growth globally. The spread of coronavirus has led to severe disruption such as global recession, many organizations are being forced to take stringent actions as lying of their employees and staffs, small and medium business is being shut down, and manufacturing & production facilities are being put on hold for a longer period. However, apart from this, the demand for food and beverages witnessed huge growth but this has increased the shortage of supply chain due to the panic buying from the populations. Similarly, the demand for the pharmaceuticals, chemical, and healthcare industry also increased as new solutions and medicines are getting introduced for taking preventive measures. There has been a disruption in the supply chain of many industries due to restrictions in logistics and the closing of manufacturing facilities. In addition, the slowdown in the economy has lowered the spending capability of individuals and people are saving money for emergencies. The intelligent vending machines are controlled by a computer and backed by a cloud-based management system. The cloud allows for live inventory monitoring and sales data that was previously unavailable or extremely delayed. Vending machines have evolved into a new class of automated retails kiosks with the use of modern technology. The range of products that can be dispensed by these machines is unbelievable. A custom vending machine can also be created that can be customized to the products that are dispensed. AFTERMATH STRATEGIES FOR INTELLIGENT VENDING MACHINES MARKET AND GOVERNMENT ROLE The COVID-19 pandemic was not predicted by any government to be ready for. The pandemic resulted in many changes brought by the government to the usual norms of operations for multiple industries around the world. The pandemic affected the market and consumer behavior, this created volatility in the economy. Smart vending machines are the next evolution of retail because they allow the business to reach customers in new locations and new ways. They also serve customers with ease and efficiency by only displaying what selections are in stock. For instance, § Vending machines of Azkoyen will be installed in the new AVLO trains, the low-cost high-speed train. These vending machines will provide drinks and snacks to more than 400 Avlo passengers with their automation. OPPORTUNITIES FOR THE MARKET IN COVID-19 SITUATION To improve and reinforce the services of traditional vending machines, AAEON has provided an intelligent solution to facilitate their functions. Ideally, smart vending machines integrate seamlessly with important systems including commerce, ERP, operations, and inventory management. The industry is now growing towards API-driven, headless commerce supports integration with any touchpoint. For instance, · The smarter solution, called brainy, offers an exceptional shopping experience. Along with the coming of the Internet of Things (IoT) age and its increasing prevalence in our daily lives, Brainy supports Intel Realsense technology through AAEON’s “UP” board, a credit-card-sized single-board computer. STRATEGIC DECISIONS FOR SERVICE PROVIDERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE The market players are now taking many strategic decisions to gain their market share and profit after COVID-19. Strategic decisions such as mergers & acquisitions and technological innovations are helping market players to regain their share. The companies are converting their intelligent vending machines into unmanned retailers with limited space and this strategic decision will help the companies to boost their sales as these kinds of vending machines are capable of dispensing any goods irrespective of their size and shape. The integration of IoT in vending machines will help companies to increase their sales. DEVELOP NEW SOLUTION The Intelligent vending machines will need to be staffed differently to cater 24*7 to provide service. The companies are developing new solutions by strategic partnership and collaboration. OFFER NEW SERVICES TO MANAGE THE INTELLIGENT VENDING MACHINES SOFTWARE The companies are trying to offer new services to the customers with the help of new strategies and opportunities and also due to recent development in vending machine products and services. By maximizing the operational opportunities to minimize the cost, the companies are investing in R&D to improve their services. The use of vending machines allows businesses to operate 24 hours a day 7 days a week. OTHER GROWTH OPPORTUNITIES FOR MARKET PLAYERS TO PURSUE IN 2020 The vending machines and micro-markets leave a space for a solution that has significant potential growth. This type of machine will include a full micro market with a reasonably large number of SKUs. Several North American and European operators are offering such solutions. IMPACT ON PRICE The lockdown imposed by the government of the countries had adversely impacted the prices of the intelligent vending machines services due to the implementation of remote working. The prices of the services have been increased as the software has been shifted to the cloud which has resulted in increasing physicals security. The prices of the vending machines have been increased as now the traditional vending machines have been replaced by automated vending machines which incurred high cost and ultimately affect prices. A vending machine is a retailer with limited space and such engineering requires high cost which will increase the prices of the intelligent vending machines. IMPACT ON DEMAND The pandemic has caused a decrease in demand for vending machines. With the fast converting life of the population and digitalization in vending machines such as IoT, the companies are under the transformation of their products such as cashless payments and safe products delivery which will eventually help in increasing demand. The COVID-19 has impacted the demand for the vending machines as the employees started working from home. 80% of the vending machines were majorly located at offices and workplaces which are closed and ultimately causing a failing economic activity. The healthcare industry has not seen a much decline in vending machines as they are essential for healthcare personnel. The overall COVID-19 has impacted the demand for vending machines negatively. For instance, · The Azkoyen Group, a leading Spanish technology offers automated vending machines has received an award. The award is regarding the best vending machine supplier and has great technology of automation. IMPACT ON SUPPLY CHAIN The COVID-19 pandemic has affected the market but the services are now shifted towards cloud platform which is very easy and flexible to use. These cloud platform services also save the cost of the companies as they are paying as you use services but this has increased intelligent vending machines and services. The COVID-19 has also affected the supply chain of intelligent vending machines which results in the loss of the industry. Due to lockdown imposed by the states and taking into consideration the safety, the installation of the intelligent vending machines was on hold as the supply chain was hampered. The cost of supplying machines and their spare parts were also increases which ultimately increases the prices of intelligent vending machines. CONCLUSION The micro-markets are not only for traditional vending machine operators. By the nature of operations and data management, the micro-market can be an ideal solution for retailers wishing to expand beyond the store and allow customers 24/7 availability of the products. The digitized systems, equipped with a large number of sensors and available data will become a rich source of data to be analyzed for the stakeholders which will help in finding trends and growth. The different innovations in vending machines such as the integration of IoT which supports cashless payments, safe delivery are the market opportunities. Companies are now simplifying convenience by using such technological innovations. The market is now moving towards unmanned retail stores due to pandemics which can be a great opportunity for the vending machine market as they can deliver goods and any packaging units. The growth of the market will be slow after the pandemic but it will surely rise and will gain popularity.
[September-2021]Braindump2go New JN0-1302 PDF and VCE Dumps Free Share(Q81-Q101)
QUESTION 81 You are asked to design security policies based on team membership. Which access control methodology should you use in this scenario? A.non-discretionary access control B.role-based access control C.mandatory access control D.discretionary access control Answer: B QUESTION 82 Referring to the exhibit, which two statements are true? (Choose two.) A.You should use CoS rewrite rules for traffic coming into the leaf devices. B.You should use CoS rewrite rules for traffic leaving the leaf devices. C.You should use CoS rewrite rules for traffic leaving the spine devices. D.You should use CoS rewrite rules for traffic coming into the spine devices. Answer: BC QUESTION 83 You are asked to deploy data classification measures in your network. You are analyzing an e-mail and notice several employees in the cc list but the e-mail does not appear to contain any sensitive data, such as security logs or financial reports. In this scenario, how should this data be classified? A.public B.encrypted C.restricted D.private Answer: D QUESTION 84 Which two statements describe SDN? (Choose two.) A.SDN can alleviate the need for manually configuring each network device. B.SDN moves forwarding functions to a centralized management platform. C.SDN combines the control plane and the forwarding plane into a single fabric. D.SDN moves compute intensive functions to a centralized controller. Answer: AD QUESTION 85 Which two Layer 2 Data Center Interconnect redundancy options support active/active forwarding? (Choose two.) A.VPLSLAG B.point-to-point LAG C.EVPN multihoming D.VPLS multihoming Answer: CD QUESTION 86 Your company wants to expand operations and build small data centers in locations where it is difficult to maintain physical routing equipment. You must recommend a Juniper product that minimizes this issue. Which product would you recommend in this situation? A.MX104 B.vMX C.vRR D.Virtual Chassis Answer: B QUESTION 87 Which protocol is used to exchange control information between the participating multichassis LAG (MC-LAG) peers? A.BGP B.OSPF C.ICCP D.VCCP Answer: C QUESTION 88 You are developing an automation strategy and have been given the requirements below. The tool chosen must be supported by multiple vendors. The tool chosen must not install a client on the networking devices. The tool chosen must support open standards communication methods. Which tool satisfies the requirements? A.Ansible B.SLAX C.Chef D.Puppet Answer: A QUESTION 89 You are in discussions with the WAN team about implementing a Data Center interconnect between DC-A and DC-B, as shown in the exhibit. What are two protocols that would support your Data Center Interconnect requirements? (Choose two.) A.Layer 3 VPN B.OVSDB C.BGP D.H-VPLS Answer: AC QUESTION 90 You are designing an IP fabric ASN scheme using EBGP. What are two acceptable ranges in this scenario? (Choose two.) A.0-512 B.100001-199999 C.64512-65535 D.4200000000-4294967294 Answer: CD QUESTION 91 Your corporate network consists of four data centers. Your data centers are already running EVPN- VXLAN over an IP fabric. You are asked to design a strategy for Layer 3 data center interconnectivity. Which two methods would satisfy this requirement? (Choose two.) A.EVPN Type-6 routes B.L2VPN C.L3VPN D.EVPN Type-5 routes Answer: CD QUESTION 92 You are designing an EVPN/VXLAN overlay network for your data center. You are planning on reusing some of your existing devices that do not support VXLAN routing. Which gateway model should be deployed to support this architecture? A.spine gateway B.leaf gateway C.server based gateway D.underlay gateway Answer: A QUESTION 93 You are asked to design a DCI that offers policy control, active/active multihoming with load balancing, and minimizes flooding of BUM traffic. Which DCI implementation satisfies these requirements? A.EVPN B.circuit cross-connect C.BGP Layer 2 VPN D.VPLSLAG Answer: A QUESTION 94 Your company is deploying a private cloud based on OpenStack and has selected Contrail Networking as their SDN controller. As part of this solution, you must implement distributed firewall capabilities. In this scenario, which Contrail component implements this function? A.vRouter B.vSwitch C.compute node D.installer Answer: A QUESTION 95 Given the physical layout of the data center shown in the exhibit, which two statements are correct? (Choose two.) A.A single access tier exists for an entire row of servers. B.Each rack is managed as a single unit within the data center. C.Cable run lengths are minimized. D.The layout requires minimal uplinks. Answer: AB QUESTION 96 You are designing a QoS scheme for your data center. You must ensure lossless Ethernet. What are three protocols that would be used in this scenario? (Choose three.) A.TRILL B.SPB C.ETS D.DCBx E.PFC Answer: CDE QUESTION 97 Which two statements are correct when considering redundancy in a data center design? (Choose two.) A.Virtual Chassis is not supported in IP fabric designs. B.Routing protocols in an IP fabric must support ECMP. C.Redundant power supplies should be wired to the same PDU. D.LAG between a server and an IP fabric should be on separate physical leaf devices. Answer: BD QUESTION 98 Which statement is correct about end-of-row (EoR) access switch designs when compared to top-of- rack (ToR) designs? A.Large EoR designs provide more flexibility for connection types. B.EoR designs require fewer cable connections to all servers. C.EoR designs typically provide fewer access devices to manage. D.Large EoR designs minimize the overall cable length required to connect to all servers. Answer: C QUESTION 99 Which two elements are available to implement security within a vRouter managed by Contrail? (Choose two.) A.Security Policy B.Security Group C.IPsecVPN D.Network Policy Answer: BD QUESTION 100 You need to ensure that no single point of failure exists in a new data center that will be deployed. Referring to the exhibit, which two technologies will accomplish this requirement? (Choose two.) A.Virtual Chassis B.LLDP C.MC-LAG D.LAG Answer: AC QUESTION 101 You are designing a Layer 3 Clos fabric architecture for a new data center network infrastructure. You use IBGP for the underlay control plane of the fabric. Which devices must support BGP route reflection and BGP ADD-PATH? A.spine nodes B.leaf nodes C.fabric interconnect routers D.fabric perimeter routers Answer: A 2021 Latest Braindump2go JN0-1302 PDF and JN0-1302 VCE Dumps Free Share: https://drive.google.com/drive/folders/1HpW4sqBtuD_owS80swM-6OHwFbx3oegx?usp=sharing