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By implementing and monitoring performance criteria, managers of companies in the construction sector can obtain relevant information regarding the performance of activities, potential sources of process error or operational areas that require optimization.

In the general context of the digitalization of the fiscal authority and the objectives related to the increase of the VAT collection rate, at the end of July, Romania received the derogation from the common system of the European Union regarding the value added tax, which allows starting from 01.01.2024 Romania to establish mandatory electronic invoicing for all transactions between commercial companies (B2B type).

All organizations need a set of KPIs to measure and monitor performance at the function, department and business level.

"We are interested in the future because that is where we will spend the rest of our lives."

We believe in this and believe that each of us can do something, no matter how small a gesture, every day to transform society and the environment for the better. For several years already, more and more people are talking about and investing in environmental protection means. And one of the ways to protect the environment we live in is recycling and investing in means of recycling and reducing packaging waste.

Consumer expectations are evolving and retailers are under more pressure than ever to come up with compelling propositions for consumers. As the EY Future Consumer Index study shows, consumers want retailers to make their lives easier, better and more satisfying.

In a dynamic world with rapidly changing market trends, customer experience is everything. Successful companies place the customer at the center of retail operations to achieve sustainable growth.

Anyone with a warehouse knows that many times when goods are delivered, workers waste time looking for the goods in the warehouse, or even if they know where the goods are, they don't go through the warehouse in the ideal order and make another trip back because they have forgotten to take a product.

Logistics managers should be based on the principle "Work smarter, not harder", that is, to work more "intelligently" by organizing warehouses to perform.

The profitability of companies in FMCG, Retail, Production or Distribution is based, to a very large extent, on the efficiency and productivity of the warehouse. When it is well organized and the activities are carried out efficiently, the financial results are also commensurate.

IGD has identified the main trends that will influence the global retail & FMCG market in 2023. With inflation driving a significant increase in production costs and retail prices in most markets, organizations will focus heavily this year on optimizing costs, improving the efficiency of distribution networks and will look for new ways to deliver added value to consumers.

Currently, companies in the FMCG field are very quickly feeling the challenges brought by this very hectic period. The obstacles in the supply chain, the very frequent changes in purchase prices, the lack of raw materials, the cautious behavior of consumers - these are the most frequently mentioned challenges by managers of FMCG companies in Romania.