TRG Blog

What are Collaborative Robots (Cobots) and Why are They the Future?

Posted by Ho Nguyen on

A collaborative robot (cobot or co-bot) is a robot designed to work alongside human workers in a shared workspace. On the contrary, industrial robots typically operate autonomously and with little physical interaction with humans. The role of cobots in the Industry 4.0 will only get bigger.

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Topics: Technology trends, Enterprise Resource Planning ERP

Why An Effective Talent Strategy Should Include Inbound Recruiting

Posted by Khoa Tran on

Inbound strategy” is a terminology mostly used in Marketing. It is the process of acquiring new customers organically through a combination of blogs, SEO, social media, and other content marketing strategies. Based on that concept, Inbound Recruiting requires the recruiters to generate attractive content and strategically publish them on various recruiting platforms to entice the candidates’ attention. These are the reasons why the recruiters used Inbound Recruiting as an effective recruitment tool.

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Topics: Talent Management

Asia-Pacific Manufacturers Spending Big on Robots

Posted by Ho Nguyen on

The APEJ region (Asia Pacific excluding Japan) is expected to spend US$125.4 billion on robotics in 2022, tripling the spending in 2017, with a compound annual growth rate (CAGR) of 25.7 per cent from 2018 through 2022. APEJ is currently the largest robotics market and poised to account for more than 62 per cent of the global robotics spending in 2022, according to the research firm IDC.

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Topics: Technology trends, Enterprise Resource Planning ERP

Manufacturers are Embracing Innovation and Here's Why

Posted by Ho Nguyen on

Innovation is a central component of the manufacturing industry. It can take many forms and address many functions. It can be a simple tactic for improving shop floor operations. It can be a concept for a new type of product or service. It can be a revolutionary approach that completely disrupts the way you do business.

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Topics: Technology trends, Enterprise Resource Planning ERP

Psychometric Assessments: What Are They & Why Are They Important?

Posted by Khoa Tran on

Psychometric assessments are used to evaluate the candidates’ skills, personalities, attitudes, and knowledge. They typically contain multiple choices to save time for both the recruiters and the candidates. Dr. Paul Barrett (Chief Research Scientist at Cognadev, a psychological assessment provider) said that this type of assessment sometimes also a performance-based, an evaluation on the likability where the candidates need to answer different kinds of numerical, graphical or even verbal problems. 

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Topics: Talent Management

Entry-level Recruitment: Best Practices (Part 2)

Posted by Khoa Tran on

Entry-level recruitment, though brings tremendous benefits, the process still presents some unique challenges. Some of the most common entry-level recruitment challenges facing companies today are the lack of qualified candidates, high turnover rate, and generational differences in the workplace.

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Topics: Talent Management

Must-have Qualities of Hotel Accounting Information

Posted by Thai Pham on

In today’s modern business environment, accounting is not solely about getting the numbers right anymore. It is how the data generated from accounting can contribute to decision-making, and thus drive growth. The same applies to accounting for hotels.

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Topics: Hospitality solutions, Financial Accounting Management Software

What is Predictive Maintenance (PdM)? Its Pros and Cons

Posted by Ho Nguyen on

For manufacturers, one of the top priorities is to maximise the machinery life cycle. As sudden machinery breakdowns can lead to downtime and expensive reparation. Consequently, manufacturing businesses have to look for a solution to reduce the maintenance cost and increase the equipment uptime and availability.
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Topics: Technology trends, Enterprise Resource Planning ERP

Revamping Financial Analysis to Gain Business Insight

Posted by Rick Yvanovich on

Financial analysis dates back centuries, at least to the codification of double-entry bookkeeping in the 15th century. The analysis of balance sheets and income statements has long served as the basis of credit and lending decisions.

The discipline of management accounting developed in the early 20th century as a way of using accounting data to keep corporate executives and managers informed about what happened or is happening and why.

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Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software

The Cloud: A Storm of Confusion

Posted by Ho Nguyen on

A survey of more than 1,000 American adults was conducted in August 2012 by Wakefield Research and shows that while the cloud is widely used, it is still misunderstood. For example, 51 percent of respondents, including a majority of Millennials, believe stormy weather can interfere with cloud computing.

Nearly one third see the cloud as a thing of the future, yet 97 percent are actually using cloud services today via online shopping, banking, social networking and file sharing. Despite this confusion, three in five (59 percent) believe the “workplace of the future” will exist entirely in the cloud, which indicates people feel it’s time to figure out the cloud or risk being left behind in their professional lives.

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Topics: Cloud Computing

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 Rick Yvanovich
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