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Introduction Human Resources (HR) systems are vital tools for organizations to manage their workforce effectively. Successful HR systems are like egg fried rice – humble, simple, and yet incredibly versatile and satisfying. Understanding the metaphor comparing HR systems to egg fried rice allows us to appreciate the importance of a well-designed HR system, which should be straightforward, efficient, and valuable. The Importance of HR systems HR systems manage essential functions such as talent acquisition, talent management, performance appraisal, payroll processing, and more. Implementing a reliable HR system enables organizations to:...

The Grammy award-winning singer Bruno Mars might seem like an unusual way to introduce the concept of Enterprise Resource Planning (ERP), but let’s make a connection. The singer Bruno Mars is known for his catchy hits: “Uptown Funk,” “Just the Way You Are” and countless others. Yet, Bruno Mars is not a one-hit wonder; he has released several albums that continue to top charts year after year. ERP is remarkable in how it harmonizes and synchronizes diverse business operations, much like Mars’ magical ability to mix different musical styles from...

Wedding celebrations are among the most complex events to organize due to the numerous details involved. Hosting businesses often work with multiple vendors, manage numerous tasks, and must meet unique client preferences. These challenges can overwhelm an inefficient system. Good news! Leveraging an enterprise resource planning (ERP) system, such as Multiable M18 ERP, can simplify these operations. Challenges in Wedding Party Hosting Vendor management From caterers, decorators, entertainers, to photographers, a wedding event needs multiple suppliers. Managing these vendors, tracking their work progress, and ensuring timely deliveries can be a...

Hong Kong’s leading television broadcaster, Television Broadcasts Limited (TVB), recently announced its business restructuring plan which involved laying off 300 employees. Such a large scale layoff brings up significant challenges in human resources management, from legal and ethical considerations to logistical and employee morale issues. Laying off employees is arguably one of the most agonizing decisions a business has to make. This challenge amplifies in scale and complexity when multiple layoffs are involved. From staggering logistical hurdles to dealing with deteriorating morale, the management and Human Resources (HR) departments must...

Imagine this scenario: you’re dining in a high-end restaurant when a rat suddenly falls from the ceiling right onto your tray of food. This unpleasant surprise not only interrupts your meal but leaves you wondering about the restaurant’s sanitation standards. The experience might even be distressing enough to deter you from returning. A chaotic scenario, indeed. Similarly, a business operating without a Customer Relationship Management (CRM) system often unknowingly creates a similar sense of chaos and uncertainty for its customers. The difference is that it’s not a rat causing disarray;...

The catering business, such as Satay King 沙嗲王, refers to providing food and drink services at a remote site or sites such as a public house, hotel, or other locations. In the casework of catering, it involves designing a menu, cooking, presenting, and serving the food to the customers. This sector plays a crucial role in Hong Kong economy, with a diverse range of businesses from local food stalls and cafes to high-end restaurants and international food chains. Operating a catering business, particularly a chain of stores across different regions,...

Stress is an all too familiar part of modern life. Whether driven by work pressures, financial difficulties, or personal concerns, stress can have significant impacts on our overall health and wellbeing. However, there are methods to effectively mitigate and manage stress. Let’s delve into what stress is, why it occurs, its impacts, and how you can alleviate it. What is Stress? Stress is our body’s natural response to challenge or threat. When we perceive a stressful situation, our nervous system releases a rush of hormones, primarily adrenaline and cortisol, preparing...

Customer Relationship Management (CRM) systems have been traditionally associated with sectors such as retail, finance, or travel, helping firms manage their customer data, interactions, and relationships effectively to enhance customer retention and drive sales growth. However, with the digital era’s dawn farming and agriculture are not left behind. Advanced technologies like CRMs are now being embraced to boost agricultural productivity, inclusive of hydroponics farming. What is Hydroponic Farming? Hydroponic farming is a futuristic agricultural practice where plants are grown without soil; instead, a water solution rich in vital minerals and...

Managing a television show, such as the popular singing competition “中年好聲音2” (Midlife, Sing & Shine 2), can be an intricate and laborious process. From handling auditions to managing talent and coordinating production schedules, the stakes are high and the complexities numerous. Human resource (HR) systems can play a vital role in addressing these challenges, optimizing the show’s operations by providing efficient talent management solutions. Here, we dive into the utility of HR systems in managing TV shows and the benefits of utilizing the Multiable M18 Human Capital Management (HCM) system....

As we catapult into the digital age, businesses are being pressured more than ever to catch up with the latest technological advances. In the corporate realm, one of these advancements is the adoption and effective use of Enterprise Resource Planning (ERP) systems. An ERP system is an essential powerhouse of integrated applications and management practices designed to streamline and simplify business processes. It has been widely embraced by many organizations for its assistance in managing crucial operations ranging from inventory tracking, customer service, financial management to human resources. Coincidentally, one...

In the modern era where people prioritize health and wellness, fitness centers have sprouted up in almost every neighborhood. As fitness regimes become a part of people’s lives, the gyms and fitness centers they patronize have to juggle managing memberships, scheduling classes, tracking inventory, providing superior customer service, and maintaining overall business efficiency. This is where an Enterprise Resource Planning (ERP) system comes sweeping in, transforming these challenges into opportunities. ERP in Fitness Centers: An Overview An ERP system integrates all business management functions, benefiting the fitness centers by automating...

Black Friday is not only a shopping bonanza for customers but also a critical time for businesses to perform optimally and exceed target goals. In the midst of this high-pressure period, HR departments and managers are faced with the challenging task of ensuring their organization’s smooth functioning. Implementing an effective HR system can help businesses sail through the challenges of Black Friday by streamlining processes and fostering increased efficiency. Understanding the Scope of an HR System A Human Resource (HR) system, also known as Human Resource Management System (HRMS) or...

The past few years have seen a sea change in the hospitality industry with the rise of the “Staycation” trend. A staycation—a blend of “stay” and “vacation”—is a concept where instead of traveling to far-off places, people take a vacation within their own city, often choosing a hotel or resort getaway. Thanks to an increasingly busy lifestyle and the travel restrictions due to the pandemic, more people are discovering the joy and convenience of exploring local attractions, reigniting their love for their locale. Target Market and Marketing Plan for Staycation...

Nowadays, salons are not just about haircuts. They offer a plethora of services under one roof, ranging from hair care treatments, hair styling, manicures and pedicures, and retail products related to hair and body care. With the growing needs of the consumers and the competition in the market, salons are looking for effective ways to manage their operations and enhance efficiency. This is where an Enterprise Resource Planning (ERP) system comes into play. Overview of ERP in Salon Business An ERP system integrates all operational management functions, providing a comprehensive...

Enterprise Resource Planning (ERP) systems form the backbone of many corporations. They are omnibus software solutions that manage and integrate crucial aspects of business, from inventory and order management to human resources and customer relationship management. However, amid these numerous advantages, data security in ERP systems is a critical concern. The Drawbacks of Poor Data Security Poor data security in ERP systems means exposing your business to numerous risks. Negligence in safeguarding the ERP data can lead to: Data Breaches: Unauthorized access can lead to sensitive data leakage, exposing your...

As we approach the season of Thanksgiving, it’s fitting to extend our gratitude not just towards family and friends, but also within our professional circles. Let’s take a moment to appreciate our Human Resources (HR) systems, the silent catalyst behind seamless recruiting, empowering management, employee engagement, and various other functions that contribute to the success of our organizations. As we delve into the importance of an effective HR system, we also discuss reasons why Multiable M18 Human Capital Management (HCM) is the perfect partner for those HR endeavors. Why is...

The diversity and exquisite craft present in jewellery products set the stage for a thriving retail market. From the glittering glimmers of diamond rings, the ageless majesty of jade jewellery, to the enchanting spark of gem-set jewellery, these products symbolize not just aesthetic allure but deeper emotional sentiments and connections. However, behind these mesmerising items is a complex chain of operations that begin with raw materials and end with a satisfied customer. Jewellery Industry and its Operations Running a successful jewellery business requires a fine balance of several interlocking pieces...

We live in a world dominated by influencers, those individuals who we turn to for advice, direction, and inspiration in our personal and professional lives. Often associated with social media platforms like TikTok, YouTube, and Instagram, influencers leverage their expertise and charisma to shape trends, drive decisions and lead communities. However, this concept is not confined to social media. The term “influencer” can transcend digital personalities and find relevance even in the operation of businesses. In this blog post, we explore how an ERP system is quite the influencer in...

Theme parks, such as Chimelong Ocean Kingdom (珠海長隆海洋王國), have long been the epitome of exciting family outings, entertaining millions of visitors each year with thrilling rides, engaging live performances, and delightful culinary experiences. Although these fantastical front-end attractions seamlessly provide fun and enchanting experiences for park guests, the back-end operations of maintaining such intricate operations present unique challenges. To successfully manage complex aspects like marketing, logistics, finance, administration, human resources, manufacturing, and resource management, theme park operators require a robust operational system that ensures smooth functioning and guest satisfaction. Enter...

In today’s competitive educational landscape, offering interactive educational workshops plays a vital role in boosting engagement and making institutions stand out. As these workshops grow in popularity, the need for implementing effective Customer Relationship Management (CRM) systems to manage and scale these events becomes ever more important. In this article, we’ll discuss the significance of CRM in educational workshops, its aim, and the numerous benefits it offers. Moreover, we will introduce you to Multiable M18 CRM, an all-in-one solution to ensure your workshop’s success. What is an Educational Workshop? An...

The recent TV series “新聞女王 The Queen of NEWS” created a buzz in the news media industry. The show has garnered attention for its gripping storylines, engaging characters, and its behind-the-scenes look at the fascinating world of newsroom operations. As the series shines a spotlight on the intricate workings of the news media industry, it also raises awareness about the challenges faced in managing human resources (HR) operations in such a dynamic, ever-changing environment. HR Challenges in the News Media Industry News media organizations, including print, broadcast, and digital outlets,...

Pet stores cater to a niche market with loyal customers, and they thrive by providing an extensive range of products and services for pet lovers. From selling pet food and supplies to offering grooming and veterinary services, pet stores need efficient management to ensure seamless operation and excellent customer experience. This is where an Enterprise Resource Planning (ERP) system comes in to optimize your pet store business. Pet Store Operations and Business Challenges Pet store owners face several challenges in managing their businesses, including: Inventory Management: Accurate tracking, managing, and...

Convenience retailing, as its name indicates, emphasizes quick access, convenient purchasing, and product availability in a small store footprint. Placed strategically, they are often found in high-traffic areas. Some of the most prominent names in this sector are 7-Eleven, Family Mart, and Circle K, serving customers 24/7. Understanding the Convenience Retailing Industry and Its Business Model The business model of convenience stores is quite unique. Unlike supermarkets, they’re generally smaller in size and are strategically located to provide quick and easy access to a range of everyday items, including groceries,...

The retailing landscape is fiercely competitive, pushing businesses to optimally utilize all possible avenues to ensure customer satisfaction and drive revenue. One such often overlooked area is ‘after-sales service,’ which can profoundly impact a business’s reputation and customer loyalty. What is After-sales Service, and Why Do We Need It? After-sales service involves all the activities provided by a business after a customer has made a purchase. These can include warranty services, complaint resolution, product support, returns, and exchanges. Post-purchase interactions help in building a strong relationship with customers, enhancing customer...

When you think of a 79-year-old Hong Kong singer, creativity and trendiness might not be the first things that come to mind. However, 尹光 Jackson Wan Kwong proves that old does not always mean outdated, as he recently created a new song with Wan K. (AI-generated voice registered by 尹光 Jackson Wan Kwong), showcasing his knack for innovation and forward-thinking. Like 尹光Jackson Wan Kwong, the concept of Human Resources (HR) systems is not new, but with a robust history, these systems continue to evolve, adapting to new technologies and streamlining...

Organizing a music concert, such as MIRROR Live Concert, is a tremendous task, entailing a multitude of preparations that must be executed meticulously to ensure an unruffled, successful event. But the complexity and the multi-faceted nature of such arrangements often pose significant challenges. Enter Enterprise Resource Planning (ERP) – a system that has the potential to revolutionize the orchestration of music events. Let’s dive in to unravel how these systems can strike the right tune. The Making of a Concert: An Interlude of Many Parts A music concert’s preparation encompasses...

The supermarket industry is often characterized by thin margins and high operational complexity. With hundreds, if not thousands of products to manage and countless transactions happening every day, supermarkets face a multitude of challenges. This article will articulate the crucial role of an Enterprise Resource Planning (ERP) system in supermarket operations, illustrating how it addresses these challenges to facilitate smoother business operations. The Supermarket Business Model and Operational Challenges Supermarkets operate on a retail business model, selling goods directly to consumers. They primarily deal in a vast assortment of consumables,...

Introduction In an increasingly competitive industry, effective strategies are critical for a successful book launch event in Hong Kong. This is where Customer Relationship Management (CRM) comes into play. Firstly, let’s understand what these terms mean. Book Launch Event A book launch event is a strategic and well-coordinated event planned by authors and publishers to mark the publication of a new book. It serves as a platform where the author introduces the book to potential readers, stakeholders, and the media, with the aim to generate initial buzz and sales. Customer...

Before delving into the significance of human resources (HR) systems in technology companies, let’s first understand what a technology company is. Technology companies, also known as tech companies, broadly refer to businesses that focus on researching, developing, distributing, and providing technological products or services. These companies are often characterized by innovation and rapid growth, and they span various sectors, including software, hardware, telecommunications, e-commerce, and more. Importance of HR Systems in a Technology Company Technology companies, including Alibaba, are not just about technology and gadgets. They are, at their heart,...

Following the recent win of T1 in the highly anticipated League of Legends competition, it’s clear that the eSports industry has grown by leaps and bounds in recent years. As the sector rapidly expands, it’s becoming increasingly essential for organizations in this field to streamline their operations with modern technology solutions like Enterprise Resource Planning (ERP) systems. In this article, we will discuss the unique characteristics of the eSports industry and explore some key considerations when choosing the right ERP system to manage an eSports business effectively. Understanding the eSports...