Finding Paths in the Difficult Landscape of Singapore’s Plastic Industry

Singapore’s plastics industry, which is central to the city-state’s overall economy, is fraught with unparalleled challenges. Ecological impacts are scrutinized more than in other industries, because of the global appeal for sustainability and the industry’s dependence on fossil fuels. The plastics industry is further hampered by complicated regulatory changes, which are more troublesome than others in the electronics sector, and having the vast public’s negative perception to deal with, plastics are mostly considered as ecological enemies. The shared industrial obstacles such as a shrinking talent pool and a strong demand for digital transformation only make operations harder. Additionally, the mentioned challenges require resilient systems within firms to stay up to date with ever-changing requirements.

The Significance of HCM Systems in Solving Industrial Problems

High-performing Human Capital Management (HCM) systems can completely change the game in dealing with these difficult issues. Above all, HCM systems do provide improved labor force analytics, which leads to more efficient decision making and strategic planning, thus softening the adverse impacts of talent crisis. Besides, they automate compliance processes, making sure that firms are flexible to cope with regulatory requirements all over the industries. Accordingly, they help proper resource distribution, which ultimately plays a part in fighting against operations misuse amid the burden of the industry. All in all, a good HCM is a precursor to collective efforts in finding and hiring right people for the job that is both in the plastics industry and others.

Suggestions for a Successful HCM Rollout

Launching an HCM system successfully calls for a well-thought-out approach. First firms should carry out a consolidated needs assessment for the configuration of the solution in a custom way. Early engagement of stakeholders in the plan will enhance business targets. Training the employees rightly on the new system is the best thing to do to get things run properly. Of course, a solid data transfer strategy should be on the top of the list to avoid any failure.

Main Features of Multiable aiM18 HCM System

Multiable aiM18 HCM system is custom-designed for various industries’ needs:

• Rule-based Workflow Engine: It facilitates HR process automation and increases compliance efficiency.

• Intelligent Roster Planning: It reduces labor costs and increases productivity by optimizing workforce deployment.

• Powerful Payroll Engines: It promises payroll accuracy by providing quick calculations even for large deductions like CPF.

• Unlimited Appraisal Forms: Performance appraisals can be customized according to job requirements, which is very important for various job evaluations.

• Department/Position Sensitive Appraisal: This provides an approach of comprehensively valuing employees’ contribution at all hierarchical levels of the organization.

Multiable HCM: a Reliable Partner for Singapore Companies

Multiable HCM’s endorsement by IRAS for the Auto-Inclusion Scheme (AIS) is a clear indicator of its trustworthiness. It is recognized for ‘Category of Software Compliance to Controls’ which assures that the payroll and employment income data are processed with the highest standards of compliance and security. This commendation makes the HR system a perfect tool for Singapore firms that want to carry on with the enhancing of their HR processes effortlessly.

What is Multiable HCM?

Multiable HCM is a cloud-native HCM (aka HRMS, HRIS or HR system). With over 6,000 customers, Multiable HCM gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.

What is LAIDFU (Let AI Do for You)?

LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.

Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.

EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.

Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.

LAIDFU empowers business, with or without an HCM system in place.