Digitalization for SMEs: Best Practice Tips

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Digitalization plays a big role in general trade stores or small-medium businesses in growing and expanding their market. Following the best practice can impact speed and efficiency across all trading activities. 

In 2019 reports by Kominfo (Ministry of Communication and Information Technology), UKM (SMEs) in Indonesia reaches around 59,2 million entities. However, only 18% of the businesses nationwide are using technology. That means only 3,9 million SMEs are starting to digitalize their system to beat their competition on the market.

Digitalization for Everyone

By now most businesses know the trend around digital transformation. However, digital transformation is different by means for every business. While enterprises are thinking about artificial intelligence and machine learning, that is not the only path to digital transformation.

As the world is becoming more data-driven, digital resources are now more accessible and affordable from all sizes and types. SMEs today can simplify their business process by leveraging the latest technology. Take, for example, transforming from a paper-based system to digital mobile solutions that will provide visibility for the entire company. Now, business owners don’t need to spend a lot of hours on tedious work and can start focusing on setting up the best strategy.

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Best Practices to Digitize Your Business :

    1. Set Your Goals First

Think about what you’re trying to accomplish and achieve, then build your strategy around that goal. Is it a faster ordering process? Better way to monitor field team? Visibility and accessibility for all data? If you have pain points you want to resolve, you have to define it in order to determine how you’re going to fix them. You also need to think about what kinds of metrics and data you need to gather and analyze to define success.
    1. Technology as a Tool

If you are investing in technology, you need to understand that it’s by no means the only component. Digitalization won’t work without a team who knows how to get the most out of it. Treat technology as a tool to improve your workforce performance by continuously training your employees. It could be in the form of training sessions, workshops, or seminars.
    1. Make the Data Usable

After digitally compiling data, be sure to integrate it for the whole company. The goal of implementing a new digital system is to create a better and faster workflow. So, if teams and each department head aren’t seeing what the rest of the company are doing, it will create a blind spot.
    1. Choose the Right Technology

Ultimately you want to create digital awareness for the whole company, so choose the right technology for your company.Advotics supply chain solutions assist management in building a more transparent, efficient, and scalable business with a cloud-based platform. Our mission is to provide top-notch solutions that improve your business operational efficiency with a fraction of the cost because we believe that SaaS isn’t only reserved for the big-budgeted corporation anymore.
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