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Inventory management is managing the company’s raw materials, other components, and finished goods. Inventory management starts from the ordering of raw materials and ends when the finished products are sold. An efficient management system helps the company in avoiding shortages and emergency purchases. Emergency purchases lead to additional costs and reduce profits. It also avoids overstocking which leads to wastages and increases the cost of storage. Inventory management is vital to all organizations irrespective of their size. Small businesses use the manual method of keeping inventory. The inventory is recorded on paper or with the help of spreadsheets. Manual bookkeeping is a tedious and long process that leads to errors. Even a minor mistake can cause serious problems to the company. Digitalization of inventory management leads to an accurate and streamlined process of inventory management. The digital inventory systems are programmed to send out alerts and also place orders if a...

  An administrative assistant is the main driving force behind a successful business. An assistant is the one who knows the needs and requirements of the organization even better than the top management. It is the responsibility of the assistant to run the organization smoothly daily. Nothing escapes the notice of an assistant. Without a competent administrative assistant, an organization will collapse. The administrative assistant has to be available at all times. This is not possible with a human assistant because a human needs breaks and holidays. A digital assistant can be available at all times and does not need breaks. As per experts like Benjamin Choukroun, Good administrative support is the need of every business . What is a digital assistant?   A digital assistant is a computer program designed to make a conversation with people who use it. A digital assistant uses Artificial Intelligence, Natural Language Understanding, Natural Language Processing, and Machine...