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Which Came First the Chicken or the Egg?

Written by NewGen Solution Consulting
Written by NewGen Solution Consulting
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conventionsuite

Let’s Talk!
Actually, what came first – the “Business Systems Consultant” or the “Event Professional Consultant”?

Competency is huge in today’s marketplace. Who you put your trust in could make or break you, and how you operate in the future.

Let’s Learn!
Corporate Background of NewGen Business Solutions:

Ok, Ok, we admit it, we started in the “Business Systems Consultant” side of the house. We weren’t Event Professionals at first – but that was back in the late 1980s when we were the IT arm of a CPA firm.

Our long-term exposure to the Event/Venue part of the world started when we maintained the IT systems for the old Chicago Stadium. We then were involved in designing the business systems for the United Center in Chicago (that was Pre-1995).
Cool stuff – probably the first big stadium/Venue rebuild in the modern Era.
Back then, we were transitioning from one of the “Old Barns” Chicago Stadium to a new “state of the art” venue. The history of that old building was incredible so we have to talk about it a bit, because we all know it’s not just about new, it’s about where we came from and how we have learned and grown! That building housed Championship Boxing matches, Presidential conventions, Bike races, NFL football games, NHL Hockey, NBA basketball, wrestling, etc. Just imagine how the transitions worked back in the day!

As for the new building (United Center) – as it started to take shape, we helped put in place systems to track anything that needed to be tracked: point of sale, Inventory, Payroll, Financials, and sports stats, etc… Of course, my fondest memory would be the days when they transitioned operations between basketball and hockey. Or, by my recollection, switching between “Michael Jordan and Dennis Savard.” Geez, what memories! I guess I was star struck, happens to the best of us.

Needless to say, since then we have built an extraordinary knowledge of business systems – some would say a great big toolbox of solutions. With our accumulated knowledge, we have always been able to choose the right platform to build upon –  always open architecture and feature rich.

As you probably know by now, we have dug into the “Event/Venue industry” with our product “ConventionSuite,” which is built on the Number one ERP Platform in the world, NetSuite!

I would like to discuss the similarities between standard business processes and why knowing those “standard business processes” helps us to set “best practices” in the other industries we work in – in this case, in the event industry.

Let’s Innovate!
By working in various industries, we have a knowledge of the:
                                                           
Manufacturing Industry: repetitive and/or job shop make to order cost tracking. Along with that knowledge comes: Bills of Materials, sub-assemblies, MRP, Work orders, work centers, capacity planning, work in process, labor scheduling, overhead, and specifically identified inventory (Lot and serialization tracking).    

Distribution Industry: re-order points, shipping methodologies, and warehouse management.

Retail Industry: multi-channel marketing, Point of Sale/Kiosks/ Ecommerce, and re-order points.

Professional Services Industry: labor tracking, scheduling, work in process, project steps, sub-contracting, and contract pricing/costing (percent of completion, completed project)

Building Industry: tying labor to materials, subcontracting, fixed assets, and resource scheduling.

Financial Industry: General Ledger Reporting / Income statements, Balance Sheets, changes in financial condition, Taxation, and comparative statements.

General Sales: campaign management, SEO, e-mail marketing, case management, sales ticklers, datamining (upselling), and sales team management.

In closing, you can see that access to all the different “business types/processes” that we have seen over the years has given us a new and innovative way to look at our chosen industry of choice – “the event industry”. With that being said, take a look at what we have and let’s both excel in all we do! Best practices along with ONE data set puts us in the driver seat!

After all… you know your business. Who are you, the chicken or the egg?

Let’s Grow!
With its roots firmly planted on the #1 cloud-based ERP in the world, NetSuite, ConventionSuite has a foundation that many organizations dream about. NetSuite’s platform is used by over 16,000 companies worldwide (multi-lingual/currency). NetSuite’s power is derived from being a totally integrated business system.

With that being said; NetSuite for the Convention/Event industry (ConventionSuite) was originally designed for the General Contractor, Show Management, and Exhibit House side of the business due to the strength of the integrated E-Commerce. It quickly branched into the Venue and I & D side of the business due to NetSuite’s strong project tracking, inventory, fixed assets and scheduling functionality.

Let’s look!
NewGen Business Solutions is an expert in “open architecture” business process and we have an alternative for you! ConventionSuite. ConventionSuite is powered by the Hybrid+Core approach that’s built on the world’s #1 cloud ERP platform NetSuite.


SO —Let’s talk so we can learn, innovate, look, grow and, best of allWIN!

Let us help you with that ERP to-do list

Reach out and let us show you all the ways NewGen is committed to your success.

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