/ Page 2 - Articles by Dan Taylor

Storing stuff is expensive. Really expensive. For a typical logistics operation, inventory costs are around 20 to 30% of the total budget. That means for every $1 million in products you store, you're paying $200,000 to $300,000 to store them in a warehouse and move them in and out of your inventory.

Technological innovations are great, but seamlessly integrating new tech into your business is a challenge for even the most agile of construction managers.

Amazon is paving the way for using drones in logistics. Earlier this year, Amazon was granted a patent for a delivery drone that can respond to human gestures—a thumbs up, a shout, or a waving arm can cause the drone to change its behavior.

In your career as a construction manager, you're bound to hit a rut. You feel as though you've done everything you possibly can to maximize profitability—from improving your bidding process to boosting efficiency through new construction management software—and you've reached a plateau.

For years, you've run your construction project the same way. You've purchased some construction management software to streamline operations but haven't been interested in the latest gadgets.

A construction project is a lot more than the sweat of the actual labor—the bottom line is just as important, if not more so. Going over budget is the norm, not the exception. Large construction projects take 20% longer than their schedule calls for on average, and they are up to 80% over budget, according to a McKinsey & Company report.

When it comes to vacation rental management software, you can't do much better than Bookerville—at least in the eyes of Capterra reviewers, who give the software a perfect five-star rating out of 135 reviews.

Sometimes, you make a mistake when running a hotel. Like double-booking two weddings on the same Saturday when you only have one ballroom. Or calling a customer a choice name after witnessing him being rude to your front desk team.

The hospitality industry is adopting technology at breakneck speed. Just a few years ago, hotels all had the same in-person check-in processes, offered the same 18 cable channels, and generally delivered guests the same basic experience. But that has changed dramatically in recent years, with technology enabling greater customization and options than ever before.