Recent TRG blog posts

ERP accounts for the largest share of enterprise software spending. According to Gartner's Market Share, ERP software revenue increased globally by 11% from 2020 to 2021, reaching a total of $44.4 billion.

There are reasons why Infor SunSystems is the chosen financial management solution of more than 2,200 hospitality companies worldwide. The system is designed to transform the way you collect, analyse, manage, and report financial information. More important, it can help your hotel business drive the bottom line and improve guest experience through timely and actionable insights. 

There are two opposite ends of the inventory philosophy spectrum: Just-in-time (JIT) and Just-in-case (JIC). In this article, we will only focus on the JIC method and explain what it is and its application.

Contents

• What Is JIC (Just-in-case)?
• Advantages of JIC 
• Disadvantages of JIC 
• What type of companies should use JIC? 
• How can businesses succeed with this model?

Read more: Impacts of COVID-19 on Manufacturing Supply Chain (Part 1)

The ERP Value Matrix is a well-known ERP ranking and evaluation report published annually by none other than the equally famous, market-leading technology research and analysis firm, Nucleus Research.

Ferrari is a luxury carmaker company that sought to enhance the sophistication of its IT systems to better manage its internal processes and improve efficiency. The huge re-engineering of Ferrari’s processes required the right enterprise software, and Ferrari chose Infor.

International Financial Reporting Standard IFRS 17 was issued on 18 May 2017 by the International Accounting Standards Board.

Most organisations understand the need to harness data and extract value from it. But many still do not fully appreciate how data analytics can revolutionise the way the C-suite performs its duty.

Skill gaps appear when your employees lack the skills needed to achieve a specific goal, preventing them from succeeding. In other words, the term stands for when the employees cannot fulfil the needs/requirements of their employers because they don’t have the right knowledge, skills, or abilities.

Understanding of cloud computing within the general business community has been an evolutionary process; however, the picture of what it is, how it works, and what it means has become crystal clear. Increasingly, cloud technology is being seen as an essential tool for turning change from a threat into an opportunity.