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The 7 benefits of formal processes

Any business big or small relies on processes to achieve desired outcomes. Most processes are drawn up from the experiences of one/more people, are poorly documented and suffer from oversight or execution errors.

Studies suggest that formalizing processes directly impacts the business’ bottom line. Investing in a formal and custom process management platform may be your biggest contribution to boosting company profitability. (zvolv.com provides a no code, custom and easy to use solution for precisely this). Here are 7 reasons why:

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Ninja Retail: Retailers & Suppliers, A Three Legged Race or Synchronized Swimming?

Our Ninja Retail series focuses on the ways in which retailers can reduce inventory and working capital requirements. You can check out the introduction here. Our previous post was focused on how you can think faster as an organization to reduce inventory and respond to market trends faster. But that only helps so much if your suppliers don’t join the party. Here’s why you need that and how you can make it happen.

Agility demands suppliers moving in lockstep with retailers and the first step is visibility into demand and order status. Our conversations with more than a hundred retailers across the globe post-Covid show us that a majority of retailers still collaborate with suppliers using clunky systems of record, emails or standalone collaboration/productivity tools, none of which truly break down any walls. The walls exist for very good reasons. 

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Ninja Retail: Winning Companies Think Faster

Our Ninja Retail blog series focuses on the ways in which retailers can reduce inventory and working capital requirements. Read the introduction here. This blog post discusses the speed of thought of your organization as a whole.

Humans think fast, companies think slow and computers think the fastest. Humans have imagination, companies have bureaucracies that attenuate imagination, but they also have structure. Computers utterly lack imagination but make up for it by performing more calculations in seconds than humans can in years. How you leverage each of these resources decides how fast your company thinks. That in turn drives the speed of enterprise response to sales and customer behavior trends.

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Anatomy of an Enterprise Process

In an environment defined by growing uncertainty and unpredictability, advantage favors not just the best plans but also the speed of change. Flexibility to move with the tide is essential, but real competitive advantage can be realized with intelligence to interpret the signals that indicate where the tide is headed, and the capability to proactively move in that direction.

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Ninja Retail: Life or death yesterday and today

The retail industry was in flux well before Covid-19 attacked all business activity. The retail apocalypse started tapering off by early 2019 with a new normal established. For the survivors omni-channel retail, the endless aisle, fast fulfillment / high availability of SKUs, immersive experiences in stores and better personalization were some of the key trends they needed to adapt to. From an operational standpoint it had become essential to collapse the walls between different functions within the company and among retailer and suppliers. A whole new level of agility powered by the mountains of data, that all retailers have at their disposal was the order of the day.

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Power or Chaos – what does your Organizational Knowledge steer you towards?

We live in a world today that not many would have imagined just a few weeks ago. Organizations of all kinds are struggling with new concepts of working. In this post we discuss the challenges that organizations face with knowledge sharing and management, some of which have become much more prevalent and impactful in today’s changed times.

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Covid-19: New Challenges, New Opportunities

We had been forced to work from home for about a week when it became clear that the Covid-19 pandemic will change the business world as we know it. Thankfully the extended Zvolv family was already self isolating and safe. As a young company we found ourselves wondering if we’d survive the pandemic. We barely had a day to brainstorm on new directions we could take before one of our customers gave us the answer.

Stay Safe, Keep Working, Be a #RealHero

1, How to Guarantee & Track Hygiene?

Your customers need you more than ever today. As businesses grind to a halt and getting groceries seems like a drill you have become a lifeline for your customers. We are helping some of the largest brands in the world keep operating at high levels through this crisis. The best companies today monitor their employees’ health very closely and err on the side of caution at the first sign of risk. That keeps them safe. What keeps them operational is their agility in taking corrective actions to ensure hygiene and fast, skillful redeployment of their team.

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The Rise of No-Code Development Platforms

The famous “Why Software Is Eating the World” essay in The Wall Street Journal was written almost a decade ago. There is no doubt today – every company needs to become a software company at some level or the other to survive and grow. No matter your industry, you’re expected to be reimagining your business processes to make sure you’re not on the brink of oblivion. The central question, therefore, is not whether every company will have to embark on some sort of digital transformation and automation journey depending on their business, but rather how they will go about making it happen.

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Adaptive vs predictive project management

If you don’t have a plan or the right tools to execute your plan, your goal is just a wish!

No matter how good your team is, or how efficient your process definition is, if you are not managing the process with the right methodology and tools, you are setting yourselves up for an adventure – and eventual failure in meeting your process goals. One of the most common mistakes which project managers make is trying to follow a single project management strategy, irrespective of the project requirements and scope.

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