#InnovativeBusinessLeaders

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Cloud quality and compliance solutions provider

TraQtion is a well-known provider of cloud quality and compliance solutions in the industry. TraQtion was founded in 2013 by a multidisciplinary team of food safety experts, sustainability consultants, and software specialists with extensive industry experience. TraQtion platform is backed by the company’s parent company, NSF International, an industry leader with over 75 years of unparalleled food safety and quality expertise. TraQtion's goal is to connect, empower, and deliver. From source to shop, the company's coding links the global supply chain. Clients may manage their suppliers, track ingredient properties, and trace product quality from source to store using TraQtion's capabilities. TraQtion's mission is to assist clients in delivering safer, more sustainable, and high-quality products to the food and beverage, food service, consumer goods, and dietary supplements industries.

TraQtion can deliver a full-service cloud software and professional services solution with NSF International that guarantees customers have the proper technology, skills, and resources to tackle even the most difficult issues – wherever, whenever, and whatever. "Our team will be there with you from requirements gathering through production support to maximize your time to value." says NSF International, Parent Company. Customers may use TraQtion to harness data and extract insights that give early warning of quality issues. Make data-driven decisions to develop the customer's company by prioritizing continuous improvement initiatives.

TraQtion has collaborated with some of the most forwardthinking food firms in the world. NSF International food safety specialists created TraQtion, a cloud QMS software-as-a-service that tackles supply-side difficulties for worldwide retailers and manufacturers in the food service, food & beverage, consumer products, and dietary supplement industries. This platform has been entrusted by over 25 multinational retail and industrial organizations working in 90 countries to make their supply chains more transparent, safer, and sustainable.

TraQtion, as a cloud provider, is responsible for the platform's hosting, management, security, and ongoing enhancements. There is no gear or software to install on-site. The browser-based TraQtion deployment provides mobile access to people operating outside of the headquarters' four walls. The standard membership includes technical application assistance for the customer's team and their suppliers, making budgeting easier. TraQtion was created with the idea of security in mind. The company's platform is built on an ISO 27001 and PCI-DSS certified architecture, guaranteeing that our clients' data's security, integrity, and availability are never compromised. TraQtion has built a platform to safeguard clients' data throughout its lifespan, in addition to the security offered by its data center architecture. Both in transit and at rest, data is encrypted. Strong user access controls based on the principle of least privilege are used to restrict access to customer data.

Read More: https://www.frameoutlook.com/ranking/top-10-Food-service-management-solution-providers-of-2022/TRAQTION-traqtion-cid-131-mid-18.html

[arabceomagazine]

Young Entrepreneurs into the Global Market

The growth and developments of the region is driven by several interrelated factors of availability of required resources, encouraging government policies, contributing role of young entrepreneurs, etc. Modern countries have reflected a sizeable number of entrepreneurs successfully emerging on the global business skyline. One of the prominent region which has grown up through the catalytic efforts of the entrepreneurs is Gulf. Emerging from numerous sectors of the industries, a number of arabian entrepreneurs have achieved new benchmarks in business excellence leading to the regional developments and significant enhancement in the global business.

Lets explore the role of young entrepreneurs into the global market The Gulf region has seen significant economic growth and diversification in recent decades. The countries in the region are promoting entrepreneurship and innovation to diversify their economies. The young entrepreneurs have been stimulating the economic growth, creating diverse employment opportunities, and making the country more competitive in several ways. The modern business enterprises demand specific talented and skilled workforce thereby encourage and promote skill development and training. The young entrepreneurs have been on the forefront of implementing innovative strategies that aim to bridge the market gaps and customer expectations. Here are some of the dynamic young entrepreneurs who have contributed to the developments of the Gulf region.

Ziyad Organji

20 years of expertise in branding and brand strategy development has made Ziyad Organji an accomplished Saudi brand specialist and an established speaker on TED. As an ambitious and creative young entrepreneur, Ziyad has demonstrated ability to create a successful brand strategy and implement it with full branding services for NGOs, the public and private sectors, and other businesses. Award-winning author of the first Arabic book series on branding, “Eysaam,” and pioneering brand builder, artist, and information transformer with specialized workshops for over seven nations and thirteen cities.

Sofia Al Asfoor

She imparts her design thoughts and emphasizes the value of individualism and simplicity as the creative director and creator of her own accessories brand. With her unique ideas and unrelenting dedication to quality, this young entrepreneur has revolutionized the fashion industry as the creative force behind her own luxury accessories brand. She has become one of the most inspirational businesswomen in the Middle East thanks to her inventiveness, tenacity, and Iconic Shield Collection. She has been in business for more than ten years and has come to represent bravery, tenacity, and strength. Her artistic approach, the challenges she has surmounted, and the motivation behind her goal to use her unique accessories to empower women.

Explore Full Blog: https://arabceomagazine.com/young-entrepreneurs-into-the-global-market/

[ciolook]

This edition of CIOLOOK,The 10 Most Innovative Business Leaders to Follow in 2022,features leaders with their choices that made significant impact on industries

[ciotimes]

CIOTIMES | The 10 Most Innovative Business Leaders Revamping the Future 2022 - Roberto Croci

Link: https://theciotimes.com/magazines/

In this edition of our magazine, We seek to highlight and appreciate The 10 Most Innovative Business Leaders Revamping the Future 2022.On the Cover We are featuring Roberto Croci.

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TraQtion was founded in 2013 by a multidisciplinary team of food safety experts, sustainability consultants, and software specialists with extensive industry experience.

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Pure Storage to Re-Invent Hyperscale Data Centre Storage Together with Kioxia

Pure Storage and Kioxia Corporation have entered into a partnership to offer advanced storage solutions for hyperscale data centers, which involves scalability, energy efficiency, and high-performance capabilities. 

This collaboration merges Pure Storage's industry-leading data systems with Kioxia's state-of-the-art QLC flash memory, aiming at solving the unique challenges that come with modern data centres. Together, they are creating a solution tailored to the needs of hyperscale environments, with a perfect balance of speed, efficiency, and sustainability. 

Overcoming the Limitations of Traditional Storage

As data volumes go through the roof, hyperscale data centres are in dire need of ever-more sophisticated storage solutions. Traditional HDDs are struggling to keep up with the demand, lacking in speed, scalability, and energy efficiency. These limitations often manifest themselves in higher latency, bandwidth constraints, and a surging consumption of power, all of which ultimately hold growth and operational effectiveness at bay. 

According to Bill Cerreta, the GM of Hyperscale at Pure Storage, this collaboration will indeed enable the company to extend the advantages of all-flash storage to hyperscale environments. "Our collaboration with Kioxia leverages over a decade of experience in delivering high-performance flash storage, now tailored to the needs of hyperscalers," he said. "Together, we are developing a solution that will help organizations seamlessly manage vast amounts of data with speed and efficiency." 

It will be a new, modern platform, untethered from the traditional HDD-based systems, and highly relevant to hyperscale operators interested in finding more sustainable and scalable solutions. 

Bringing Innovation in Performance, Cost, and Sustainability

This partnership offers the hyperscale data centre the following important benefits:

Unrivaled Performance: The new form factor allows for ultra-high speed, low-latency functionality when it comes to moving/processing vast volumes of information. Seamlessly scale Organizations to meet the growing needs with confidence and reliability. 

Cost-Effective Scalability: Because the solution reduces the requirement for extensive physical infrastructure, it lowers the total cost of ownership while still offering exceptional performance and scalability to provide a powerful, cost-effective solution for hyperscale operators. 

Sustainability Focus: Compared to traditional HDD-based storage, the all-flash system cuts energy consumption drastically, hence reducing operational costs and waste from hardware. Its compact physical size also contributes to the move toward greener, more sustainable data centre operations. 

Kioxia's Chief Marketing Officer, Caesar Ichimura, said, "Innovation is key to solving the increasing demands on hyperscale environments. This collaboration with Pure Storage marks an important milestone in the evolution of hyperscale storage. As data volumes rise, we are committed to delivering a solution that offers high performance at lower operational costs. All-flash technology represents the future of storage, and this partnership is key to addressing the complexities of modern data centres."

Read More: https://www.frameoutlook.com//tech-news/pure-storage-to-reinvent-hyperscale-data-centre-storage-together-with-kioxia--nid-710.html

[frameoutlook]

Pure Storage and Kioxia Corporation have entered into a partnership to offer advanced storage solutions for hyperscale data centers, which involves scalability, energy efficiency, and high-performance capabilities.

[frameoutlook]

https://www.frameoutlook.com/cxo-viewpoint/ciocisoctocdo-what-s-the-difference-nid-78.html

The C-Suite has seen the addition of new roles in recent history. All of which relate to the continuing advancement of Technology in our day to day lives.

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CIO/CISO/CTO/CDO : What's the difference?

The C-Suite has seen the addition of new roles in recent history. All of which relate to the continuing advancement of Technology in our day to day lives.As businesses rely heavily on digital marketing, cybersecurity threat protection or machine learning the addition of the CIO, CISO and CTO have created a new dynamic and hierarchy within modern day enterprises. 

You're probably wondering where these new roles fit in the traditional suite. Answers vary depending on who you ask or which organization you research. Regardless, they each play a vital role in maintaining a competitive edge and ultimately determining the success of an organization. 

Although each share a common goal, they also have key distinctions for their roles. The Chief Technology Officer (CTO) has a broader description of job details, in my opinion.According to SecureWorldExpo, the main focus of a CTO includes R&D, implementing new technologies, creating business models and using analytics to stay aligned with the target market.Some of these functions may seem similar to that of a CIO, especially if you're in a smaller organization. The CTO position branched-off the original role of the CIO as technology advanced, thus requiring more refined attention to certain projects within IT. 

Today's Chief Information Officer (CIO) is focused on maintaining a competitive edge for the organization specifically through technology. As we see more cloud implementation, mobile sites and third-party software, the role of the CIO acts as an umbrella over a multitude of IT projects.Keeping all technology up to date, predicting the future direction of technology and working towards staying ahead of the organizations competition while creating a larger ROI percentage.CIO's often deal with every department within an organization as technology is being implemented across the board to help simplify processes, make sense of data and improve communication. 

The last position is the Chief Information Security Officer (CISO) and tends to be more known than the other two due to recent events in the news surrounding data breaches.The role of CISO has typically been rooted in cyber defense and has led to these executives taking on all the heat when a ransomware attack or Data breach occurs.We're seeing the this position evolve more in to a mentor role where CISO's educate the various departments within the organization on cyber security, compliance and regulations to limit "attacks." This role has also seen a business-savvy element where the CISO addresses the board. 

The most recent addition of the suite is the Chief Digital Officer (CDO) which shouldn't be a surprise given the massive amount of data we create and consume these days.The CDO drives the business in Digital Transformation on the back-end, but also the front-end where it directly relates to the consumer in areas like social media and mobile apps.With stricter regulations being introduced around data, we can expect to see the CDO's responsibilities change a bit quicker than others in the coming years. There's a reason McKinsey & Co. has dubbed this role the "Tranformer in Chief." 

At first glance, these roles may seem similar to those not so familiar with IT, but I hope this article helps differentiate them. Each of these executives has found themselves becoming more business-savvy as companies share the ownership of implementing new strategies.

Read More: https://www.frameoutlook.com/cxo-viewpoint/ciocisoctocdo-what-s-the-difference-nid-78.html

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Retail is one of those things that gets in your blood. These experiences turned into a 30-year vocation that’s taken me to nine countries on four continents to the helm of Sam’s Club.

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The Future of Retail Requires Creating Quality Opportunities and Investing in Associates

I owe everything to retail. I got my start at 14 years old in the backroom of a small shop where I zoned shelves and priced products for about £3 an hour. One of my earliest childhood memories was spending time in my nana’s grocery store when I was five years old, helping her prepare orders that were delivered by bike to customers’ homes.

Retail is one of those things that gets in your blood. These experiences turned into a 30-year vocation that’s taken me to nine countries on four continents to the helm of Sam’s Club. In the blue-collar town where I was raised, money was scant, and opportunity was scarce. Of the 350 students I graduated with, few went to college; for most of my classmates, the thought of a meaningful career plan wasn’t on their radar. For me, a job in retail was a first step. It gave me hope that I could pioneer my own path in life.

Three decades later, hope continues to pull me out of bed every morning and inspires me to find opportunities for every one of our associates across our 600 clubs to grow, evolve and pursue better lives. Now I'm putting the lessons I learned in my hometown to work again – to find ways to help our associates chart their own fulfilling career paths that can improve their lives and financial futures.

Today, I’m proud to share that we’ve made a pair of investments that do just that – reimagining our workforce compensation and providing longer-term financial predictability for nearly 100,000 hourly associates across our company. These include:

A new compensation plan that expands pay increases to between 3% and 6% based on years of service

An increase to our minimum start rate

This is just the latest milestone in what’s been a multi-year journey to improve our associate experience and provide more pathways to generational well-being. Since 2019, we have made a dozen wage investments, from starting pay increases to annual stock grants, that have impacted frontline associates at every level and in every area of our clubs. These complement other opportunities we’ve created for associates – such as block schedules to provide better work-life balance and new technology like the Me@Sams app that gives access to pay, learning and benefits details – to encourage growth, embrace ownership and bring greater simplicity and convenience to their roles.

More Predictable Financial Futures

A stubborn stigma persists around retail work: that it’s both temporary and transactional – roles defined by dollar-per-hour rates. It’s a tired narrative we’re eager to rewrite at Sam’s Club. Why? Because I’m a firm believer that providing good jobs translates to good business. Our hope and expectation for every associate who slips on that blue vest is to know there are opportunities for each of them to make our clubs the best place to shop; that our hourly positions aren’t merely stopgaps to better jobs elsewhere but steppingstones to fulfilling careers right here at Sam’s Club. Just ask our club managers, three of four of whom start in frontline roles.

Read More: https://www.frameoutlook.com/cxo-viewpoint/the-future-of-retail-requires-creating-quality-opportunities-and-investing-in-associates-nid-668.html

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As a business owner or supply chain manager, you know the feeling of watching delivery deadlines slip away, customer complaints pile up, and costs spiral out of control. It’s stressful, frustrating, and can be downright overwhelming.

[frameoutlook]

Logistics Nightmares: How to Fix Common Supply Chain Issues

We’ve all been there stuck in the middle of a logistics nightmare. As a business owner or supply chain manager, you know the feeling of watching delivery deadlines slip away, customer complaints pile up, and costs spiral out of control. It’s stressful, frustrating, and can be downright overwhelming. 

I want to share my experiences with you because I’ve been in your shoes. I know what it feels like to be knee-deep in supply chain chaos, and I know how hard it is to find solutions that actually work. This article will cover some of the most common logistics issues I’ve encountered and, more importantly, how to fix them. 

The Pain Points of a Dysfunctional Supply Chain

1. Delayed Shipments and Missed Deadlines 

Late deliveries are the bane of any business’s existence. They not only frustrate customers but also disrupt the entire supply chain. The main culprits? Inaccurate demand forecasting, inadequate inventory management, and unreliable carriers. I’ve seen businesses grapple with this, and it can feel like a never-ending cycle of apologies and discounts. 

2. Rising Transportation Costs

If there’s one thing I’ve noticed, it’s that transportation costs can eat up your profits faster than you can say “fuel surcharge.” Whether it’s due to fluctuating fuel prices, inefficient routing, or unexpected delays, rising costs can be a major headache. 

3. Inventory Inaccuracy

Have you ever thought you had stock on hand, only to find out it’s not there when you need it most? Inventory inaccuracies can lead to overstocking, stockouts, and a lot of disappointed customers. 

4. Poor Communication and Collaboration

I’ve witnessed this firsthand—teams working in silos, not sharing critical information, and making decisions based on incomplete data. Poor communication can lead to misaligned goals, delayed responses, and a general sense of chaos. 

5. Lack of Visibility

It’s hard to manage what you can’t see. Without end-to-end visibility into your supply chain, it’s impossible to pinpoint where the issues are occurring, let alone fix them. I’ve seen businesses lose thousands because they were flying blind.

Read More: https://www.frameoutlook.com/cxo-viewpoint/logistics-nightmares-how-to-fix-common-supply-chain-issues--nid-665.html

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The Role of Data Analytics in Business Decision-Making

In today's rapidly evolving business landscape, data analytics has emerged as a critical tool for organizations striving to maintain a competitive edge. As businesses continue to generate vast amounts of data, the ability to analyze and derive actionable insights from this information has become paramount. Data analytics is no longer just a function of IT departments; it is now integral to strategic decision-making, operational optimization, and predicting market trends. This article explores the multifaceted role of data analytics in business decision-making, providing insights into how companies can harness its power to drive growth and innovation.

The Rise of Data-Driven Decision-Making

The proliferation of digital technologies has led to an exponential increase in data generation. From customer interactions and social media engagements to supply chain operations and financial transactions, businesses are awash with data. However, the real value lies not in the data itself but in the ability to analyze it and make informed decisions.

Data-driven decision-making refers to the process of using data and analytics to guide business strategies and actions. Unlike traditional decision-making, which often relies on intuition or past experiences, data-driven decision-making is grounded in empirical evidence. This approach enables businesses to make more accurate, timely, and objective decisions, reducing the risk of costly errors.

Leveraging Data Analytics for Strategic Decisions

Strategic decisions are the backbone of any successful business, determining its direction, growth, and sustainability. Data analytics plays a crucial role in shaping these decisions by providing a comprehensive view of the business environment, identifying opportunities, and assessing risks.

1. Identifying Market Opportunities

Data analytics enables businesses to tap into new market opportunities by analyzing trends, customer preferences, and competitive landscapes. Through tools such as predictive analytics, companies can forecast demand for products and services, identify emerging markets, and adapt their strategies accordingly. For example, a retailer can analyze customer purchase patterns and social media trends to anticipate the next big fashion trend, allowing them to stock the right products ahead of time.

2. Enhancing Competitive Advantage

In a competitive market, having access to timely and accurate data can provide a significant edge. By analyzing competitor behavior, pricing strategies, and market positioning, businesses can identify gaps and opportunities that they can exploit. For instance, a company might use data analytics to monitor competitors’ product launches, pricing changes, and marketing campaigns, allowing them to respond quickly with counter-strategies or innovative products.

Read More: https://www.frameoutlook.com/cxo-viewpoint/the-role-of-data-analytics-in-business-decisionmaking-nid-669.html