GMs and regional managers are valuable resources who want and need to focus on guest satisfaction. They often lack the time, data, and experience to efficiently reduce service costs. Four tips for enbling GMs focus on guest experience and growth while ensuring better profitability for your hotel property.
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Get ahead of expected bank fee increases which are expected to be higher than normal in the 10-15% range. Four steps you can take now to keep bank fees in check. Consider a first quarter rate review now to proactively manage against rate hikes.
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Rapidly evolving companies that are opening and closing multiple locations often struggle with an effective process to transfer utilities account ownership. When that happens, utilities get turned off and businesses lose money.
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Private Equity Firm Asset Manager shares a brief testimonial video telling how SIB helped them optimize contracts and save money for their hospitality industry portfolio assets.
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Franchise Operations president shares a testimonial video telling how SIB helped them save 40% on costs associated with workers compensation for their 21 restaurants.
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A whopping 90% of Fortune 500 companies in the U.S. rely on at least one third-party logistics (3PL) provider to help with their logistics needs. This statistic, from an Amstrong & Associates Inc. report shared in Supply Chain Dive, reinforces the value that 3PLs play in all business sectors.
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2023 will be the fourth peak season since Covid temporarily forced volume surges on the package carriers, and the carriers forced “peak” surcharges on the shipping public. This year, however, the USPS is making a big, albeit late, play by not following FedEx, UPS, OnTrac and other carriers in instituting peak surcharges.
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Effective January 1, 2024, FedEx Express package and freight standard list rates for U.S., U.S. export, and U.S. import services, and FedEx Ground standard list rates will increase an average of 5.9%.
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Ecommerce and most business-to-business (B2B) companies don’t exist to ship products. That may be an important role in what they do, but it’s not the purpose. They want to get their products to customers who can use them. The supply chain is how this happens, and many businesses find that outsourcing some or all of this role can improve their growth, customer service, and the bottom line.
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Zero Knowledge Proofs (ZKPs) will move the industry toward the fully digital NaaS ecosystem that represents the future of telecom. ZKPs help eliminate billing errors, validate that all orders are optimized, and generate significant operational efficiencies and savings for all parties.
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Service outages and the service level agreement disputes they trigger are frequent sources of headaches for carriers of all types and sizes. MEF and its member companies are well down the path to automated SLA credit calculations and mutual endorsement within a secure, public telecom blockchain environment. There is extreme value to be had for both buyers and sellers through timely SLA enforcement, namely in the form of productivity gains and improved user experience.
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MEF in partnership with SIB’s telecom and blockchain division, is piloting a revolutionary blockchain-based subscription service for automating the SLA reporting process. This pilot is derived from the MEF Wolf Town Accelerator that uses a member-defined open pre-standard smart contract in the roles of buyer and seller respectively.
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