In manufacturing world, several activities, if not all, are based on forecasting for future demands. For this reason, manufacturers have always treated demand forecasting as one of the most important foundations for accurate, timely and effective production.
Recent TRG blog posts
Binh Pham
Recent TRG Blog Posts
Production demand forecasting: How to do it right?
Posted by Binh Pham on Mon, May 16, 2016
Blog Topics: Enterprise Resource Planning ERP
3 Hospitality Tech Trends You Don’t Want To Miss In 2016
Posted by Binh Pham on Thu, Jun 4, 2015
Identifying the trends of our own industry in the year to come is very important. Technological trends that will significantly influence the industry are shaping the industry and forcing companies either to adopt the changes or be left behind. The hospitality industry is no exception, the top 3 technology trends you need to watch out for in 2016 are:
Blog Topics: Hospitality solutions, Technology trends
Top 10 Reasons Companies Should Automate Expense Management (part 2)
Posted by Binh Pham on Wed, Apr 29, 2015
In Part 1 of this article, you heard the first 5 reasons why you should automate (and update / upgrade) your expense management system, here are the remaining 5.
Blog Topics: Financial Accounting Management Software
Top 10 Reasons Why Companies Should Automate Expense Management (P.1)
Posted by Binh Pham on Mon, Apr 20, 2015
Still claiming expenses via paper, spreadsheet, out-dated legacy or in-house system? Isn’t it time to look back on such traditional ways with nostalgia because here are 10 reasons why expense management should be automated right away, you don’t need to even be that big a corporation as the benefits are hard to ignore.
Blog Topics: Financial Accounting Management Software
How ERP Revolutionises Manufacturing: Problems and Solutions
Posted by Binh Pham on Fri, Jan 16, 2015
There is one similar attribute that all best-in-class manufacturers agree: their supply chain, distribution and service standpoint are very easy to work with the help from cloud-based manufacturing applications, especially Enterprise Resource Planning (ERP).
Blog Topics: Enterprise Resource Planning ERP
The explosion of hardware and software innovation in POS system evolution
Posted by Binh Pham on Fri, Aug 8, 2014
Along with the emerging trends in technology, Point of Sale (POS) is thought to be also going through a profound transformation. New trends such as intertwined drivers of mobile devices and sensor proliferation, the transition of back-office systems to the cloud, the demand of enhancing customer experiences, etc., have led to changes in consumer behavior.
Blog Topics: Retail Management System
Increase customer satisfaction with the innovated POS system
Posted by Binh Pham on Wed, Aug 6, 2014
Point of Sale (POS) is going through rapid change driven by emerging technology trends and innovations. In the last post, we discussed the explosion of hardware and software innovation and its impacts on this evolution. In this post, we will introduce one more critical part and its impact in POS innovation.
Blog Topics: Retail Management System
Motivating the Millennial Shopper: The role of technology in making a purchase decision
Posted by Binh Pham on Tue, Feb 25, 2014
The millennial shopper has been characterized as an elusive being -- we know they exist, but we seem to have trouble catching them, at least for a prolonged period of time. Predicting their actions is an even greater challenge. As a result, retailers have formed a number of myths around millennial shopping preferences -- some that border on superstition -- and many approach these myths as reality.
Blog Topics: Retail Management System, Technology trends
5 metrics for retailers to identify most valuable customers (MVCs)
Posted by Binh Pham on Wed, Aug 28, 2013
As a survival factor for any businesses, ‘more customers’ is always the main target for marketers. Hence, many retailers tend to disregard their existing ones. The most common reason is that they don’t recognise who their most valuable customers are. Practically, when acknowledging your top priority customers, you will know who to take special care of.
Blog Topics: Retail Management System
Revising accounts payable for financial benefits
Posted by Binh Pham on Wed, Apr 24, 2013
Amidst the fiercely competitive environment of an economic downturn, along with closely maintaining customer relationships and searching for ways to boost sales and profits, retailers must pay attention to cost cutting as a way to enhance their profit margins. One area that can bring significant material benefits to retailers is their accounts payable (AP).
Blog Topics: Financial Accounting Management Software