Wednesday, October 12, 2016

Lee Barney---CIT Industry outlook Video notes



Businesses today cannot survive without technology
Most people do not realize that our community relies on just in time product. --this is when (like a grocery store) only orders when they think they are about to run out.  They do not have anything stocked away.  They will lose money because their produce will go bad and then they cannot sell it. They are using up space they can be used for other things. Pretty much all businesses are driven in a "just in time environment."  It is impossible to do "just in time" delivery without computer technology.

The future in technology business is going through a radical change.  Companies are moving to mobile devices…as people in business we need to embrace this change. The mobile our businesses become the more profitable we will be.

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