Saturday, October 31, 2009

Video Conferencing Magic

Individuals working in the warehousing and manufacturing industry work with organizations around the world. There was a time that there was no alternative than to travel physically to meet with clients or manufacturers in order to conduct business. Even with today’s technological advances, managers and business owners travel thousands of miles by plane, train, and car every year to conduct important business.

Although meeting associates provides a personal touch, it does cost thousands of dollars each year and puts a hefty dent in profits, often adversely affecting the financial health of an organization. Fortunately, there is an effective alternative to travel. Teleconferencing and video conferencing has come a long way. The combination use of computer technology, video conferencing, and telephone has provided a viable alternative to travel. Even though the initial investment may require several thousand dollars, the savings in travel cost is immediately visible. Cost savings include rental cars, hotels, airline tickets, non-refundable tickets if travel is cancelled, internal administrative costs, airline tickets, overtime, lower turnover rates, and most significantly, time.

Needless to say that if travel is already kept at a minimum within your organization, a video conferencing system may not be ideal, but it can make an enormous impact if travel is a large component of your expenses each year.

3 comments:

Anonymous said...

Some companies actually use video conferencing to sell their third-party services. Vendors can show potential customers around the facility and demonstrate services in action without the customer ever leaving home base.

AAlbright said...

Excellent input

Unknown said...

Nice blog,Video conferencing software is the opportunity to simultaneously bring together parties in one or more locations. For any Director involved in multi-location briefing, this is an absolute necessity. The cost of organizing an in-person conference for multiple parties in one place, at one time can be exorbitant travelling expenditure. With Video Conferencing, multi-point meetings are facilitated.

 
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