Digital Trends In Warehouse Management

Nestlé and XPO Logistics are to work together to create the ‘digital warehouse of the future’, Read more. A warehouse management system's (WMS) primary mission is to manage a warehouse's resources, including space, labor, equipment, tasks, and material flows. Supply Chain Management Process : Supply chain management is defined as the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally. Company profiles include 2014 revenue, change in sales from 2013, recent acquisitions & more. Healthcare BPO will reduce costs, improve patient experience, and streamline hospital operations. Popular Trends in IT Management Software. Kreyon uses design thinking methodology with major focus areas being Cloud, Analytics, Mobility. Warehouse management is becoming more complex. Peerbits is glad to develop an RFID enabled smart warehouse management software. "Big data" and analytics One of the most common definitions of "big data" is data that exceeds the processing capacity of conventional database systems. • Integration of existing warehouse management system (WMS) data to capture order level detail • Configurations to seamlessly connect to our Digital Factory, Digital Transport or Digital Retail solutions to have complete visibility of the product life cycle. Ineffective. 5 Digital Transformation of Supply Chains As local profit centers optimize local profit, this often leads to a sub-optimal result on a corporate level, since internal transfer prices almost never give the right incentives to collaboration. Solix solutions such as Enterprise Archiving and Enterprise Data Lake are empowering organizations bring legacy and current data together for advanced analytics and compliance. Find out why SAP is named a leader in Gartner’s Magic Quadrants for Warehouse and Transportation Management Systems. The global connected logistics market 2016-2020: growth at a. James Manyika Extracts from McKinsey Global Institute Research. Operations management focuses on carefully managing the processes to produce and distribute products and services. Summarizes key findings from the 2018 National Survey on Drug Use and Health (NSDUH) for indicators of substance use and mental health among people aged 12 years old or older in the civilian, non-institutionalized population of the United States. For such operations, organisations use, information systems that are computer based, with sophisticated software to help in the planning and management of the warehouse. You are using a color that is lighter than 50% gray for painting. Try it for free. JDA Warehouse Labor Management. From streamlining transportation networks to fine-tuning warehouse operations, companies can rely on Oracle's Digital Logistics solution to manage their supply chains, accelerate fulfillment activities, and simplify a wide range of business processes. Industry 4. Looking for improved efficiency and increased profitability, companies have adopted new technologies that have transformed the way various warehouse operations are conducted. Enterprise Systems provides real-world business and technology information for managers of large, high-performance computer systems, data centers and infrastructures. Bain Insights. Copulsky, Garth R. By contrast, recurrent risks such as demand fluctuations or supply delays tend to be independent. GEODIS is a worldwide transport and logistics leader that supports its clients in their daily work by helping them overcome their logistical constraints. There are a number of factors that, when managed incorrectly, can have a negative impact on shipments, resulting in lower profits and customer satisfaction. New robotics technology has become one of the most sought after technologies for warehouse management. Fortunately, digital transformation is happening both within and outside the four walls. And 2017 is going to be a great year for all the creative web designers who love adopting latest trends while developing an eCommerce website. NAR’s Quarterly Market Survey gathers information about the commercial transactions of REALTORS® and members of affiliate organizations (CCIM, SIOR, RLI, IREM, and the Counselors of Real Estate) and the opportunities and challenges facing commercial practitioners. In most warehouses, change is a constant—especially when you consider seasonal demand forecasts, supply exceptions, and inventory flows. Focused on enhancing productivity, gaining efficiencies and improving labor utilization in the warehouse and DC, companies buoy the lift truck market by continuing to invest in both electric and internal combustion vehicles. Chetu develops retail software services for the retail industry, providing custom retail software development solutions for brick and mortar, e-Commerce, c-store & grocery, dealerships, shopping cart, and mobile systems, as well as retail technology solutions for the Magento platform. Built from the ground up with the world’s most powerful database, Teradata Database, our data warehousing solutions are what the world’s largest and most competitive. ) Warehouse Control Systems (WCS) in lieu of WMS. Warehouse management is an integral part of the logistics management system, which in itself is part of the supply chain. au offers you simple and convenient access to all the government information, forms and services you need. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to vendors of the technology. He holds a Bachelor of Science Degree in Economics (Faculty of Economics in Ljubljana), having. Transparency Market Research Report Added "Warehouse Management Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" to its database. Ascend emerged from stealth today with $19 million in capital in its pocket and the goal of simplifying a key part. Descartes provides streamlined, digital transformation to help LSPs or 3PLs successfully enter the ecommerce market. Their supply chain management conferences take place twice a year, with the first occurring in January 2019 in Lombard, Illinois. WalkMe’s contextual guidance and engagement technology makes it one of the best change management tools to have in your strategy. See who’s on the 2015 List of Top Industrial Distributors. When it comes to HR management, evolving technology and a shift in workforce needs will continue to shape the trends we’ll see in 2018. Many of the key supply chain trends in 2019 will be continuations from years prior. Download Hudson's 2019 New Zealand Salary Guides. Jim Laverty is a Managing Partner at Upp Technology and brings more than 20 years of warehouse management technology, sales, development and deployment experience. Search the world's information, including webpages, images, videos and more. Kimball did not address how the data warehouse is built like Inmon did, rather he focused on the functionality of a data warehouse. Kreyon Systems is a software company that provides Software, cloud and mobile application development services for Business Process automation, enterprise applications like CRM, Supply Chain Management, Asset Management, Document Management, ERP etc. Retail Merchandiser is a 55 year old, award winning, bi-monthly retail publication which reaches over 180,000 decision makers worldwide. JDA Warehouse Labor Management. The Technology Fallacy: How People Are the Real Key to Digital Transformation (Management on the Cutting Edge) [Gerald C. Read the press release Transform your business faster with help from SAP Digital Business Services. Valid’s Payments Solutions teams from across the globe will be in attendance to demonstrate the latest innovations in payment solutions technology including mobile banking, secure card production, EMV, personalization services, secure card packaging, and more. This relatively new method of recruiting was introduced to the world of talent acquisition as a solution to one of the biggest challenges in the HR industry - attracting talent. dream-orbit. Leveraging the latest supply chain technology and the Internet of Things (IoT), a "smart warehouse" can now serve as a hub to boost efficiency and speed throughout the entire supply chain. Read the latest fashion news on fashion industry CVAs and administrations, trading updates, job appointments and departures, the impact of Brexit on the high street, sustainable fashion and digital innovations in the fashion industry. What sets us apart is not what we do, but how we do it. World Investment Report builds on that track record and presents policy advice on how to deal with close to 3,000 old-generation investment treaties. In a research project with the University of Freiburg, the KION Group is already preparing for this moment. Designed for industry, this comprehensive set of supply chain software provides a solution to help run your. For such operations, organisations use, information systems that are computer based, with sophisticated software to help in the planning and management of the warehouse. In addition to these activities the supply chain management takes care of all the logistics management activities. From designing and value discovery to accelerated innovation to productive usage for tangible business results, you can evolve your business by breaking new ground with a trusted adviser that knows SAP software best. In some industries, such as retail and CPG, UPI can be increased by sales trainings and checkout experience improvements that encourage upselling. Sonata offers Consulting, Engineering, Implementation and Support services for Retail ERP software like Dynamics 365 for Retail to help retailers in offering a personalized experience to all their customers. "The warehouse will be ripe ground for digital transformation in 2019," says Reiser of ARC. Besides standard TMS reports and manual recurring reports, the ability to create an ad-hoc report may also be needed. From a total quality management standpoint, trends include broader adoption of quality management principles across industries and an increasing importance placed on sustainability. Distribution management is Cloud ERP software that helps companies manage their supply chain and logistics activities, including warehouse management, inventory management, and order management (sales and purchase orders), and integrate these activities with the company’s financials and sales. That’s where Apex Trajectory TM Cloud comes in. Multiple, disparate definitions for population health management abound. Retail Insights and Trends From NRF’s blog, podcast and research From exploring the impact of retail in our economy to telling the stories of the 42 million Americans that make up the industry, NRF highlights industry insights, data and trends through our blog , podcast , video , live events and original research. Marketing Trends Marketing is developing at a rapid rate. Here are the 10 biggest trends identified by reports from Synechron and Capgemini. Tech trends working in harmony Digital Oil Recovery The theme of this year's Tech Trends report is the symphonic enterprise, a concept that describes how multiple technologies can work together in harmony to create disruptive change. ServiceNow , the leading digital workflow company making work, work better for people, today announced that it has again been positioned by Gartner as a Leader in the 2019 Gartner Magic Quadrant. Free Guide to 7 Ways to Optimize Your Warehouse Management Simple ideas and powerful software that can increase the efficiency of your warehouse. Warehouse Management. RETAIL SOFTWARE SERVICES. Every summer, there’s someone—an eccentric uncle, a neighbor with an overambitious garden—who endeavors to make one, usually to everyone else’s regret. Retail Trends and Predictions 2017. Why next-day delivery margins are more about strategic warehousing than shipping costs By. In this report, market shares and market size are based on the management fees and gainshare arrangements associated with the Freight Under Management. "Our user no longer traffic back-and-forth to batch terminals—they have real feedback, right away,". How the right fleet management, location tracking, and inventory analysis tools can boost business operations for contractors. Keys to Success in Warehouse Management/Order Fulfillment! (Video). 5 Trends Impacting Modern Warehouse Operations. So the question is not whether one should use change management, but whether one can afford not to. Digital technologies also allow management to see the weak points in existing operations and also notice trends in all facets of the supply chain from a global. Adobe Marketing Cloud, which now includes Marketo Engagement Platform, allows you to manage, personalize, optimize, and orchestrate cross-channel campaigns across B2B and B2C use cases. If you handle large volumes of data (to the petabytes) and you need a fast and scalable data warehouse, Talend will be the right solution to access and load data to a Cloud data warehouse and then give everyone in your organization access to the data when and where they need it! Start your free trial here. SAP Digital Business Services connects business and IT to help you close the gap between your digital transformation strategy and execution. What will you be keeping an eye on over the next year? Leave your own trends analysis in the comments below, and let everyone know how you'll be making the logistics industry better in 2018. According to a report from Synechron, blockchain and artificial. Up to 40 percent of all strategic processes fail because of poor data. Cyber Gear offers web design and development, Big Data and Artificial intelligence solutions, mobile Apps for Android and iPhone and Social media and digital marketing services. Read the latest fashion news on fashion industry CVAs and administrations, trading updates, job appointments and departures, the impact of Brexit on the high street, sustainable fashion and digital innovations in the fashion industry. As the world’s leader in enterprise cloud data management, we’re prepared to help you intelligently lead—in any sector, category or niche. “A data warehouse is a copy of transaction data specifically structured for query and analysis. While the 1990s saw rapid advances in the logistics competencies of most companies, a number of forces, especially the communication and collaboration potential of the Internet, are dramatically changing the way. Discuss Marketing Strategy of Costco within the Marketing Management forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Marketing Strategy of Costco : Costco (NASDAQ: COST), is the largest membership warehouse club chain in the United States. More Accuracy In Supply Chain Management Analytics" Accurate inventory data can be the difference between a productive month and a month that ends in a team meeting. This is one reason why retailers offer deep discounts in January. Warehouse Robotics Technology. The Entertainment ® Book and Digital Membership offer 2-for-1 and up to 50% off discounts, all conveniently accessed on our mobile app, online or in the book. These trends are clear in that technology will continue to, as it has over the last decade, drive change in supply chain management. Retail Trends and Predictions 2017. Multiple, disparate definitions for population health management abound. The majority of these packages are homegrown, typically limiting their capabilities compared to traditional best-of-breed packages. Kreyon uses design thinking methodology with major focus areas being Cloud, Analytics, Mobility. Schisliaev [email protected] Fortunately, digital transformation is happening both within and outside the four walls. Hence, let's look into some key trends expected to affect the shape and development of supply chain practices in the future. Cyber Gear is based in Dubai, United Arab Emirates and can be reached at +9714 3312627. The title slide features a young businessman in an Armani suit, holding the globe in his hand. The majority of these packages are homegrown, typically limiting their capabilities compared to traditional best-of-breed packages. Warehouse management is an integral part of the logistics management system, which in itself is part of the supply chain. The early part of the twentieth century saw a book written by a management consultant and mechanical a warehouse manager Digital Trends helps readers keep tabs on the fast-paced world of. Company profiles include 2014 revenue, change in sales from 2013, recent acquisitions & more. But how are they able to ship everything so quickly while keeping prices down? We got a look inside one of. ServiceNow , the leading digital workflow company making work, work better for people, today announced that it has again been positioned by Gartner as a Leader in the 2019 Gartner Magic Quadrant. Executive Issue Nr. Data warehouse acts as a channel between operational data stores and supports analytics on the composites data. Top Resume Trends to Try Right Now (Plus, Two Trends to Ignore) And this doesn’t just occur in the realm of pop culture — it also occurs in the job seeking and recruiting space. Curtis Barry & Company Benchmarking ShareGroups, we have identified several current trends in multichannel fulfillment, and ways in which businesses are addressing these trends by implementing industry best practices. ” This is a functional view of a data warehouse. Human capital management is crucial for business success as workforce trends and laws add more complexity to recruitment, retention, legislative compliance and employee management. Inventory management is therefore important to the food-processing-and-distribution industry because of the large amount of products typically stored. Going digital allows for management and leadership to see all aspects of a product lifecycle in a virtual, landscape view. 2) Materials Miller, who has a degree in architectural engineering, says materials such as adapted sheet metal are popular as a guaranteed pressure class for high quality, but it's how materials are being used. 63% at midyear 2018 to 11. By Upp Software. Whether you are a disruptive e-commerce startup or an established firm in need of a replacement for legacy warehouse systems, JDA WMS can scale to your needs and has supported companies ranging from Inc 5000 to the Fortune 100. For records of long-term or enduring value stored on electronic media, agencies should consider the following:. Growing recognition of warehousing's role in the supply chain. Leading Solution Providers for -. SHRM – The Voice of All Things Work. Since then, IMS has gone through many changes in adapting to new programming tools and environments. 2019 State of the Third-Party Logistics Industry Report. 2011, SC Management is the art of management that determines the requirements, acquisition, distribution through different channels and activities that create quality products and services for life. Dovetail’s warehouse software management solutions comprise accounting software, inventory systems and track and trace technology. Descartes provides streamlined, digital transformation to help LSPs or 3PLs successfully enter the ecommerce market. The Society for Human Resource Management (SHRM) is the world’s largest HR association, with 300,000 members creating better workplaces. Data Management in 2018: The General Trends. With real-time visibility and 24/7 control, you improve your supply chain performance. The extent to which companies need. These are the five biggest trends I’m watching for in 2018, but I’m sure you’ve got other ideas. These are the five biggest trends I'm watching for in 2018, but I'm sure you've got other ideas. 38 2012 Management Centre Europe 3 ContEnts CONTENTS 4 Macro-Trends in the Global Economy Six trends point to changes with a wide impact on business 6 Trends Impacting the Pharmaceutical Industry 14 12MCE’s Capabilities in Pharmaceutical Industry MCE Strategy Implementation Programmes 16 Patient Centricity. It's a whole-of-government service providing essential information on planning, starting and growing your business. Benchmark the salary for your role. 1%, customer service apps at 21. Nestlé and XPO Logistics are to work together to create the ‘digital warehouse of the future’, Read more. Automation World Magazine. Our procurement module allows quick inventory replenishment. Tavant VELOX’s FinConnect is an enterprise service business for the financial services industry, and an intelligent lending data. Our Digital Warehouse Suite has the capabilities to collect and integrate disparate sources of data within your warehouse or distribution facilities: 3D Approach Data. This powerful solution creates sustainable value by synchronizing all your critical transportation processes — delivering both optimal cost control and excellent service. It’s simple. With highly integrated solutions for transportation management and warehouse management, itelligence ensures an optimal interaction of the individual supply chain areas, warehouse logistics, transportation management systems and track & trace. 2) Materials Miller, who has a degree in architectural engineering, says materials such as adapted sheet metal are popular as a guaranteed pressure class for high quality, but it's how materials are being used. Mobility, intelligent devices, big data, and business process management systems now constitute the digital ecosystem through which utilities can deliver customer experience, operational efficiencies, and changing business models. Inventory control software to regulate stock levels, control assets and inventory, and manage consumables in and out of the company. Warehouse management system (WMS) - The WMS is the locus of control, allowing management teams to guide the operation. As a trusted intermediary for over 35 years, we have unmatched access to billions of consumer and business transactions in real time. Learn more. Areas to watch include government spending on technology, big new discoveries or products, speed of technology transfer, and changes in business processes as a result of technology. Supply & Demand Chain Executive Magazine and Website is the single resource for news, information, products and analysis for the busy Supply Chain Executive. Apply Now!. Businesses are moving their systems to the cloud in droves. The early part of the twentieth century saw a book written by a management consultant and mechanical a warehouse manager Digital Trends helps readers keep tabs on the fast-paced world of. Post-holiday this same inventory can stick to the shelf like molasses. 2016 Supply Chain Trends: The First 7 of 12. Emerging Trends in Warehouse Management Hardware As we discussed yesterday , the past five years have dramatically altered the warehouse management landscape. com is the enterprise IT professional's guide to information technology resources. The retail supply chain has been going through a massive transformation. Building Solutions leveraging Robotic and Intelligent Process Automation, Advanced Data Analytics, Data Governance, Infrastructure Development, and Cloud-Based Solutions. With a data quality platform designed around data management best practices, you can incorporate data cleansing right into your data integration flow. Find industry analysis, statistics, trends, data and forecasts on Document Management Services in the US from IBISWorld. Rail Freight Digital Transformation Market - An Overview. Kelly Services is a global leader in workforce management solutions offering staffing services to top companies across a variety of industries. The 11 supply chain trends businesses cannot ignore Supply chain is no longer an afterthought for CFOs, CEOs, investors and board members. Lighting Science’s corporate headquarters is located in West Warwick, Rhode Island, with R&D, Operations, Marketing and Finance located in Cocoa Beach, Florida. Discover Digital Kitchen Scales on Amazon. When it comes to HR management, evolving technology and a shift in workforce needs will continue to shape the trends we’ll see in 2018. Scalable enough to keep your sales network available for customers all the time. World Economic Forum White Paper Digital Transformation of Industries: Logistics 2. Energy Efficiency Trends in Residential and Commercial Buildings 7 Figure 6 Value of Building Improvements and Repairs The value of residential and commercial repairs and retrofits reached nearly $400 billion in 2005. With warehouse vacancy rates dwindling, down to 10% of space needed in Russia and even lower in the UK and US, on-demand is the next step in collaborative logistics. It’s all new and built for the cloud on Amazon Web Services (AWS). Accurate, reliable salary and compensation comparisons for United States. Executive Summary Our analysis indicates that there is $1. The experts and leaders who set the course for IHS Markit and its thousands of colleagues around the world. “The warehouse will be ripe ground for digital transformation in 2019,” says Reiser of ARC. One of the biggest trends poised to upend supply chain management is asset tracking, which gives companies a way to totally overhaul their supply chain and logistics operations by giving them the. A digital twin can merge the product physical and virtual space. Commercial Property Executive is the leading integrated resource for executives and companies that own, invest in, develop, lease and/or manage commercial real estate. WORCESTER — Workers using a forklift Tuesday morning began removing the front steps of Our Lady of Mount Carmel Church while Eversource workers were on Mulberry Street to protect a gas line. STORIS partners with Emkat as its preferred hardware vendor for their Barcode and Advanced Warehouse Management solutions. The development of business intelligence to analyze and extract value from the countless sources of data that we gather at a high scale, brought alongside a bunch of errors and low-quality reports: the disparity of data sources and data types added some more complexity to the data integration process. Marketing Week is a UK-based website covering the latest marketing news, opinion, trends, jobs and challenges facing the marketing industry. Digital Transformation Initiative: Oil and Gas Industry 3 Contents Foreword Digital transformation is emerging as a driver of sweeping change in the world around us. "Big data" and analytics One of the most common definitions of "big data" is data that exceeds the processing capacity of conventional database systems. Leading Solution Providers for –. Mobility, intelligent devices, big data, and business process management systems now constitute the digital ecosystem through which utilities can deliver customer experience, operational efficiencies, and changing business models. itelligence is a SAP Platinum Partner with 30 years of experience in global SAP and Information Technology consulting services for the mid-market, providing support and implementation of SAP cloud and platform applications. Building Solutions leveraging Robotic and Intelligent Process Automation, Advanced Data Analytics, Data Governance, Infrastructure Development, and Cloud-Based Solutions. DreamOrbit Softech Private Limited www. Valid is a sponsor of the upcoming Money20/20 event taking place on October 27-30 in Las Vegas, Nevada, USA. These trends are clear in that technology will continue to, as it has over the last decade, drive change in supply chain management. WE'VE GOT YOU COVERED. US E-Commerce Trends and the Impact on Logistics 1 US E-Commerce Trends and the Impact on Logistics The growth of last-mile delivery and demand for next- and same-day service is pushing logistics beyond traditional hub and spoke models to regional options, crowdsourcing, digital, and smart automation. Their supply chain management conferences take place twice a year, with the first occurring in January 2019 in Lombard, Illinois. WGU QRT Task 1 Western Governors University MBA- Health Care Management E-Business QRT2 Task 1 March 31, 2014 The importance of establishing a presence on the internet for your business can not be over emphasized. Get up to speed on any industry with comprehensive intelligence that is easy to read. • The device uses sensor data to simulate a real-time, 3-D view of the warehouse. The Technology Fallacy: How People Are the Real Key to Digital Transformation (Management on the Cutting Edge) [Gerald C. 38 2012 Management Centre Europe 3 ContEnts CONTENTS 4 Macro-Trends in the Global Economy Six trends point to changes with a wide impact on business 6 Trends Impacting the Pharmaceutical Industry 14 12MCE’s Capabilities in Pharmaceutical Industry MCE Strategy Implementation Programmes 16 Patient Centricity. RETAIL SOFTWARE SERVICES. Technical area 7. Executive Summary Our analysis indicates that there is $1. James Hyde, founder of sustainable fulfilment house James and James, outlines the top 10 trends to look out for in 2016 1. The Tecsys Itopia® warehouse management system (WMS) helps you reduce costs while improving customer service. Building a Profitable Cash Flow Forecasting Service As firms across the US invest in cash flow forecasting technology, the accounting profession seems to be responding to an underserved demand among small business clients. An award winning Building Design + Construction magazine that provides the best daily news, trends and more for Architects, Engineers, and Contractors. Key challenges and opportunities in logistics and supply chain management, in the context of wider global trends – impact on global corporations, and also on companies. The staff on the warehouse floor uses a headset and microphone to receive instructions by voice, and verbally confirm their actions back to the system. Apple CEO makes ‘compelling’ case to Trump and Allstate takes more marketing in-house: Monday Wake-Up Call. Coming Soon: The Partner Training Portal. Descartes provides streamlined, digital transformation to help LSPs or 3PLs successfully enter the ecommerce market. Warehouse management system (WMS) - The WMS is the locus of control, allowing management teams to guide the operation. Since some offers vary by store, we want to make sure we're showing you the correct offers for your favorite store. These training systems are designed to be easy to use and create training material and structures that suit your needs. Bernhardt Celebrates the Art of Design with Designer in Residence Program A-List designer Nick Olsen will be the first to showcase his creativity in Bernhardt showroom at High Point Market this fall. “A data warehouse is a copy of transaction data specifically structured for query and analysis. Supply chain digitization. Here are the 10 biggest trends identified by reports from Synechron and Capgemini. Andy Boxall/Digital Trends The top new phone in Honor's "N-Series," the name given to this range of devices, is the Honor 20 Pro, and it's a compact, high-performance smartphone with an. For more than 35 years, Teradata has provided enterprise-wide data warehousing and data management agility solutions to global companies who want a competitive edge. WalkMe’s Digital Adoption Platform is the number one way to ease digital transitions and ensure true digital adoption. The bottom line is that when it comes to big data management, the U. Supply Chain Game Changer™ Trends and Solutions For Supply Chain and Business Professionals. With many available online resources, mangers can use Excel to create customized dashboards of their sales trends. Google has many special features to help you find exactly what you're looking for. Everything At One Click Sunday, December 5, 2010. With Honeywell, you'll have the technology to easily connect your people, your assets, and your processes. NAR’s Quarterly Market Survey gathers information about the commercial transactions of REALTORS® and members of affiliate organizations (CCIM, SIOR, RLI, IREM, and the Counselors of Real Estate) and the opportunities and challenges facing commercial practitioners.