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Technological Inventions You Can Write Your Essay About

Here are some of the most amazing technological inventions you can discuss in your essay. Technology has permeated all aspects of human life.

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Technological inventions you can write your essay about

Technology has baffled humanity for centuries. It gets more advanced each year, giving students a rich source of essay ideas. Take a look at a professional technology benefits essay to help you deliver the most captivating paper.

Technology has permeated all aspects of human life. It means that a question on technology can appear in your literature class, math, medicine, sports science, or foreign language, among other study areas. Here are some of the most amazing technological inventions you can discuss in your essay.

1. Social media

Social media platforms like Facebook, Twitter, YouTube, Instagram, and WhatsApp, among others, have taken the world by storm. They have changed how people communicate, interact, and socialize. The platforms have disrupted the traditional communication business model, making them a subject of interest.

All these angles make the study of social media engagement. As a psychologist, you can study how they are affecting mental health. Business and communication students can learn the future of human interactions over social media. For IT students, it is a chance to evaluate the industry’s development process and future expectations.

The rise and fall of different social media platforms is an exciting topic for technology and business historians. For futurists, it is time to look ahead and see what works and what does not work. The mutation of social media platforms into business tools is also worth studying. Social media, therefore, makes an interesting discussion.

2. Cryptocurrency

Cryptocurrency is the latest medium of exchange. It has been received with mixed reactions, leaving developers and enthusiasts confused. Its attempt to replace the traditional currency is also of interest to scholars in finance and international markets.

IT developers should also pay close attention to cryptocurrency. Currently, the technology is only available to a few. How can it get to the last person in the commerce chain? How can countries with limited technology infrastructure use this advanced technology? It is interesting to debate the future of cryptocurrency as a technology and financial transaction platform.

3. Logistics apps

Food delivery, taxi hailing, and shopping are now done on an app. Within a few ticks, you can order an item from another content to be delivered at your doorsteps, thanks to these logistics apps. They are the latest disruption in the marketplace. As a student, take time to study the logistics-app ecosystem and determine how it will affect business in the future.

Logistics apps have helped businesspeople to reach more customers. They are also killing the physical store that has dominated business for years. At the same time, the logistics apps have allowed buyers to access some of the best items worldwide at the click of a button. Such technology is disruptive but is creating a new trading platform and perspective.

4. Space exploration

Space exploration has grown significantly in the last few decades. People are now traveling to space as tourists. You can also use technology to hire experts who write papers for money, guaranteeing the best college experience. What innovations are making travel more accessible, and what future can the world look forward to?

5. Virtual reality

The technology is changing demonstrations besides making dangerous experiments safer to conduct. Experiments are no longer shown in the lab. Technology has allowed people to simulate experiments in a secure environment. Virtual reality also allows virtual tours that come with an equally rewarding experience. Virtual Reality has also teamed with AI to make learning easier, especially during quarantine days.

6. The mobile phone

The mobile phone was invented as a communication gadget. It was meant to call and send messages. Today, the mobile phone has replaced colossal shopping malls, banking halls, and gaming fields.

Thanks to the mobile phone, people do not need to meet as much. You can also complete an entire university degree while studying through the phone. Mobile technology has changed how people do things. It is interesting to see how technology is affecting different aspects of life.

Many more technological innovations are worth studying in your essay. You can also choose nuclear technology, cordless gadgets, and the application of technology in sports. These innovations help you to explore the new dimension of life arising from the use of technology. The new ideas make essay writing interesting and insightful.

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Business

How small businesses can overcome their supply chain challenges

Here are six tips to help your small business overcome its supply chain woes. Staying in control with effective supply chain management.

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Increase Your Income Streams with These Three Remote Business Ideas

Managing a supply chain is difficult for every business. Small businesses may have fewer supply chain requirements, but they also don’t have the financial clout of big operations, which suppliers are understandably willing to move mountains for.

Smaller businesses need to use their size to their advantage when dealing with supply chain challenges. While big companies are locked into mega orders and negotiating long-term partnerships, small operations can be nimble in the face of a dynamic market.

Here are six tips to help your small business overcome its supply chain woes.

1. Always pay on time

It may be obvious, but the first tip is always to pay your vendors in full and on time. Small businesses have enough supply chain issues to deal with. You don’t need to make new ones for yourself.

Manage your cash flow efficiently and keep track of all your payments. This way, you’ll ensure you don’t come into conflict with suppliers and end up paying interest or even potentially ruining business relationships and reducing your options moving forward.

Plenty of payment methods are available for small businesses to better organize accounts payable, including Automated Clearing House (ACH) payments that completely remove the need for cash or checks. Other benefits of ACH payments for your small business include scheduling payment dates and recurring payments, effective cash management so you can hold onto funds for longer, and reduced transaction fees.

2. Identify risk areas

Supply chains are often complex, containing a series of components critical to business operations. Make sure your small business has a clear and comprehensive list of everything it needs, along with multiple suppliers capable of sourcing each piece. Identify any potential risks in your supply where you may only have one or two viable sources.

It’s easy for small businesses to fall into the trap of finding a single supplier that handles everything they need and leave it at that. Unfortunately, this puts the fate of your business in the hands of one vendor. Any problems they have delivering their products is now your problem. There is no reason to introduce this level of risk to your operations, and a much healthier way to run your business is to always give yourself multiple supply chain options.

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You never know if a specific product might become unavailable at short notice. However, as a smaller business needing lower quantities, you can use your agility and develop relationships with multiple suppliers. Try to find entirely separate vendors in different locations that do not work with the same manufacturers.

3. Stock management

Keeping track of your existing stock is critical regardless of the size of the business. You need precise numbers for everything you currently have in stock and estimates for current usage in order to restock in time and never is left short. Accurately forecasting demand is critical for businesses to effectively manage their stock and protect themselves from unplanned product shortages.

While it’s not always possible due to budgetary constraints or storage capacities, if you have a volatile supply chain, there are benefits in trying to increase your inventory levels. In particular, this applies to critical components that are harder to come by. You can do this by bulk buying when you have the opportunity or seeking financing options to invest more into your inventory.

4. Simplifying your supply chain

While it can help to offer a wide range of products, this places additional strain on your supply chain. More products mean expanding your supply chain, dealing with more vendors, and more complicated logistics. Where possible, remove or combine products to simplify your supply chain and save yourself time and headaches. Even larger companies are streamlining the products they offer, consolidating operations, and building supply chain resilience to limit future disruptions.

5. Managing logistics

Even once you source everything you need, you still have the logistical challenge and costs associated with getting it all delivered. With rising fuel prices, logistics costs are snowballing, and small businesses need to work hard to rein in the cost of moving their supply chain products. This may mean making larger orders from fewer suppliers to save money along the way.

6. Use supply chain tools

A range of supply chain tools can help businesses stay on top of their operations. While it may seem like overkill for your small business, Supply Chain Management (SCM) software can help you track inventory, manage logistics, and create a comprehensive real-time database of all your supply chain information.

Staying in control with effective supply chain management

Having steady, reliable, and fast access to everything your business needs is one of the most challenging parts of running a business. Unfortunately, even the biggest and most well-equipped companies in the world have supply chain struggles. But, by using your size to your advantage and identifying multiple sources for each type of inventory, you can remain in control even when inevitable supply chain mishaps occur.

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