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TRG Blog

Oanh Nguyen

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What to look for in a planning and budgeting solution

Posted by Oanh Nguyen on

Planning and budgeting provides valuable insights for managing risk, boosting corporate performance and shareholder value and making strategic decisions. Using a business model as the basis of the planning process enables the development of: charts of accounts; time divided by years/quarters/months; version control to store actuals/budgets/forecasts and other important data segments, which can be used to create the plans. Organisations should look for planning solutions capable of delivering flexible business models that are mapped to their unique business requirements.

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Topics: Planning and Budgeting, Infor CPM, Corporate Performance Management CPM

“Saigon Executive Exchange” luncheon: BIG DATA - DRIVE BUSINESS GROWTH

Posted by Oanh Nguyen on

On 20th May 2015, first "Saigon Executive Exchange" luncheon event will be held for people who are interested in international business. The event will be about concept of “Big Data”. The presenters will show how your company can gather data on your prospects and customers through both outbound marketing and inbound marketing. Also, the company will know how to enhance and segment it to maximize its value.

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Topics: Technology trends

Business Intelligence – Implementation Challenges

Posted by Oanh Nguyen on

Business intelligence is always known as the tools, technologies, methodologies and best practices that help organisation have insights information on their business. BI helps organisations to have a clear view about their data to make better decisions and push the business process forward. In our previous posts, we discussed about the rising needs for business insights and how to correctly operate a BI platform to improve business performance. However, the business world is changing constantly; therefore corporation needs to have flexible business strategies to go along with the waves while still preserving its image and position in the market. Consequently, the implementation of BI is also challenged as BI solutions are one of the key factors that help businesses to stay competitive.

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Agile BI solution as the key to good decision making

Posted by Oanh Nguyen on

How often do you have to make decision?

How much time it takes you to make one good decision?

How often do you successfully execute your decision as intended?

Do you put the right amount of effort to make and execute that decision?

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7 benefits of best-in-class retail management system

Posted by Oanh Nguyen on

Applying an appropriate retail management system is one of strategic approach to retailers. Besides providing customer management which brings long-term value to their business, a best-on-class retail management system brings 7 more benefits.

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Topics: Retail Management System

Leveraging customer data, are retail businesses doing it right?

Posted by Oanh Nguyen on

All kinds of data that are relevant to retail operations are gathered every day in order to be analysed. Information about financial processes, marketing strategies or inventory procedures is very essential for merchants to make decisions. However, there is one type of data that is exceptionally important for retailers: customer data like name, address, past purchases, preferred communication channels. Although businesses might have already recorded this kind of information, there is a possibility that it is not utilised properly to enhance customer management methods.

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Topics: Retail Management System

Building a BI strategy: Taming data to gather information power

Posted by Oanh Nguyen on

Gartner’s 2008 CIOs survey highlighted that Business Intelligence (BI) is now one of the top priorities in business. BI is known to have positive impact on business performance of an enterprise, dramatically improving the ability to accomplish the mission by making timely and smart decisions at any level of the business.

Additionally, Forrester Research has provided a foreseeable future in their recent report that we are competing on information, where “all products and services continue to become more commoditised in our global economy”. As a results, if the two businesses share the same marketing personas and customer insight, the one who has earlier information will have significant advantages over the other. That’s why we need BI.

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The 6 Biggest Challenges Retailers Face Today

Posted by Oanh Nguyen on

A New Report for the Changing Economy. One Step Retail Solutions previously published a widely read report titled “The 5 Biggest Challenges Facing Independent Retailers” which presented the results of extensive research into retail industry trends, the major challenges impacting retailers and how retail Point of Sale (POS) technology could be used to overcome those challenges. 

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Topics: Retail Management System, POS Retail Software

Six common pricing mistakes to avoid for retail management

Posted by Oanh Nguyen on

For all retail managers, profit is always a crucial element when pricing products. However, as customer satisfaction is also a survival key, a smart pricing strategy which is done accurately and in a timely manner is a must.This article presents six common pricing mistakes that retailers should avoid.

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Topics: Retail Management System

The 6 Biggest Challenges Retailers Face Today

Posted by Oanh Nguyen on

A New Report for the Changing Economy. One Step Retail Solutions previously published a widely read report titled “The 5 Biggest Challenges Facing Independent Retailers” which presented the results of extensive research into retail industry trends, the major challenges impacting retailers and how retail Point of Sale (POS) technology could be used to overcome those challenges. 


Over the last year, while updating our research into the current retail environment, it became evident that the constantly changing technology landscape, in and of itself, has now become an additional source of concern for retail owners and managers.  We also determined that small to midsized chains, especially those who wish to continue their growth, face an even greater set of challenges than single stores or large retailers. 

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Topics: Retail Management System

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