The failure of Silvergate Capital Corp (SI), Silicon Valley Bank (SVB) and Signature Bank (SBNY), coupled with the financial crisis, brings to light the discussion of systemic risk and systematic risk. Many experts have commented on whether the crisis will pose a systemic or systematic risk to the economy. While systemic risk and systematic risk may seem similar, they carry...
Running a business can be challenging, especially when it comes to managing money. For example, HSBC UK Bank acquired Silicon Valley Bank UK (SVB UK) for 1 British pound. Noel Quinn, CEO of HSBC Group, says that he believes this acquisition will strengthen its commercial banking franchise and enhance its ability to serve innovative and fast-growing firms. Therefore, be sure...
Different Hong Kong manufacturing enterprises have adopted various sales strategies and operation methods. Hong Kong enterprises that are able to integrate workshops, equipment, materials and processes into their operations in order to respond quickly and accurately when new information is received will benefit from more successful management strategies. Many Hong Kong manufacturing enterprises have adopted ERP software to manage...
March 14, 2023
Which ERP Software is best for Manufacturing?
There are many different types of manufacturing companies on the market in Hong Kong. With the widespread use of information technology, manufacturing companies are increasingly considering intelligent systems to be more efficient than conventional ones. Manufacturers often encounter difficulties choosing which ERP software to use in order to stay competitive. Increasingly, enterprises in Hong Kong have adopted ERP (enterprise resource...
March 13, 2023
Does Hong Kong Library need ERP System?
Many Hong Kong academic institutions now have libraries to support the curriculum, encourage students and faculty to research new things that go beyond their textbooks—and much more. As the demands of library management change, libraries should invest in software that can grow with those changes. ERP software becomes indispensable for the library of the academic institutions, since a variety of...
March 13, 2023
How much will an ERP Manufacturing System Cost?
Hong Kong enterprises in production industry at different development stages encounter various management problems and that can be solved by the use of digital technology. The growing complexities of modern production enterprises have prompted many companies to consider ERP system selection. No matter what, the cost of such a manufacturing-oriented solution cannot be avoided. As enterprises grow in size and...
