P&G, business alliance train SMEs in ‘Retail Business 4.0’

Economy September 21, 2017 12:48

By The Nation

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This week’s Retail Business 4.0 Conference and P&G Leadership College were aimed at increasing the potential of wholesale and retail business in the “Thailand 4.0 era”.

Procter & Gamble Trading (Thailand), Commerce Ministry, Thai Wholesale & Retail Trade Association and US-Asean Business Council sponsored the events at Bangkok Marriott Marquis Queen’s Park on Wednesday and Thursday.

“In 2016, the GDP SME value of the wholesale and retail categories was Bt1.596 million, accounting for 78.2 per cent of total business sector,” said Salinee Wangtal, Director of the ministry’s Office of Small and Medium Enterprises Promotion. 

“The wholesale and retail trade grew by 10.19 per cent compared to last year. It is regarded as a continuously and fast-growing business sector. In line with the government’s 4.0 policy, my office has joined hand with the US-Asean Business Council to organise the Retail Business 4.0 Conference as a training programme and hope SMEs will adopt innovative technology to accelerate their business.”

P&G managing director Raffy Fajardo said his firm recognised the importance of the SME sector in driving the economy, especially in wholesale and retail business, “which are our long-term business allies”. 

“Along with the government and the Wholesale & Retail Trade Association, we are proud to take part of this collaborative programme by sharing our innovative tools and knowledge to help our customers accelerate their business growth with excellent in-store and online execution under the P&G Leadership College.”

More than 120 SME wholesale, retail and distribution entrepreneurs attended the conference and P&G Leadership College. 

The alliance’s main global members including P&G, PayPal, Uber, the United States Agency for International Development, Thai Post Office, Sripathum University, Jiffy Retail, T2P and 24 Shopping.