What is Space Management Software & Its 7 Benefits

In 2022, the way organizations think about space management has changed drastically. Today, companies are adopting flexible work models as employees return to work. If your company is like most, realty expenditure must be your second-largest expense—and one of your biggest opportunities for cost reduction.

The only way facility managers can do that is by improving the organization’s space utilization. Instead of focusing only on reducing costs, space management strategies nowadays can accommodate many things, like enhancing the employee experience, bettering collaboration, etc.

However, to do that, enterprises must first have insights into how their meeting rooms, other common spaces, office buildings, and other facilities are used by employees. This necessitates the use of space management software.

What Is Space Management and Space Management Software?

Space management ties together multiple business metrics. It is a way to monitor and optimize the workspaces and amenities employees need to work. Controlling … Read more

Signs You Need to Revamp the Workplace Safety Culture for Your Business

The success and reputation of a company rely on several factors, such as the quality of products, customer service excellence, and track record in the market. But the way you treat your customers and partners is not the only parameter of success. It is equally vital to take care of your workers so that you build a reputation as an employer. Think beyond enticing your employees with competitive pay packages, benefits, incentives, holidays, and flexible work models.

A focus on workplace safety goes a long way to keep them happy and productive in the long haul. In fact, safety should be a part of your company culture. But you cannot take a set-and-forget approach to build a safety culture for your business. Assess it consistently and rework it when you see gaps because workforce safety is the last thing you should compromise. Here are a few signs indicating the need … Read more

Pigment Manufacturing and Industrial Growth Trends

The demand for pigment has increased over the years due to its wide range of use in several industries, including paint, textile, construction, and plastics. Undoubtedly, the paints and coating industry is the largest consumer of pigment because it is a major constituent. The pigment is what offers the desired color in paint and coatings.

Notably, pigments also protect the paint against corrosion and extreme weather that exposed surfaces may suffer.

And due to the rapid growth of infrastructure and urbanization, building construction and plastic production will increase, leading to increased demand for pigment.

But what are the figures involved?

Pigment Market Expected to Surpass $51 Billion By 2028

The global market for pigment and dye is expected to grow strongly, reaching $51.7 million by 2028. Growing infrastructure will drive this growth, as has been mentioned. Printing inks, paints, coatings, plastics, textiles, and others will rise in demand due to … Read more

5 Reasons Why Business Owners Should Consider Hiring a Storage Unit

Business owners have much to think about, but storage is one of the most important things they have to consider. Storage is vital for every business but space is often limited, especially for small businesses. Larger companies can typically afford the costs of commercial storage options like warehousing.

Business owners need to be creative and think of unorthodox ways to increase storage space without incurring high costs. Self-storage units are one such option that can be beneficial to business owners.

The following are reasons why business owners should consider hiring a storage unit:

Convenience

Businesses should consider renting self-storage units because of the convenience they offer. You do not have to sign many forms or deal with anyone else whenever you want to access the storage.

You can drive up, load the goods and deliver them to where they have to go. The storage space will have to be close … Read more

Markets Rally on Fed Decision

Stocks jumped on Wednesday in a relief rally from their 2022 doldrums after the Federal Reserve raised rates by a widely anticipated half percentage point and Chairman Jerome Powell ruled out getting even more aggressive in the central bank’s inflation-fighting campaign.

The Dow Jones Industrials hurtled into the stratosphere 932.77 points, or 2.8%, to 34,061.06.

The S&P 500 grabbed 124.69 points, or 3%, to 4,300.17.

The NASDAQ Composite leaped 401.1 points, or 3.2%, to 12,964.86.

The central bank announced that it was hiking its benchmark interest rate 50 basis points, or 0.5 percentage points. That is the biggest hike since 2000 for the Fed, but the move was widely expected by investors.

Stocks moved sharply higher when Fed Chair Jerome Powell said the central bank was not considering a 75-basis-point hike in future meetings.

Investors also appeared to be betting on the Fed’s confidence in the U.S. economy.

Stocks seen … Read more