Tackling the Specific Obstacles of Singapore’s Printing and Packing Industry

The printing and packaging industry in Singapore is subject to a unique set of challenges that primarily stem from it being different from other market sectors. A big part of the issue is the ever-lasting need for raw materials that are sustainable. In fact, the environmental regulations that apply and the consumer demand for eco-friendly product brands dictate that the firms in this field need to go for a top priority on their sustainability practices, only if they do not have to make any sacrifices in the quality of the products. Furthermore, the fast-growing technology has made it unavoidable for the businesses in the sector to change their work patterns in order to remain competitive. Processing-wise, the inconsistent prices of the raw materials cause instability that affects the profit margins of the firms in the industry.

Nevertheless, at least a few struggles are common for both the printing and packaging segment and the OEM metal parts market. I.e., the battle with the labor shortages witnessed in almost all activity areas and the troubles regarding the management of a mixed types of employees. In addition, the seamless functioning of the business is a must, thus, requiring the effective integration of automation solutions in every single department. De facto, it goes without saying that acting on the cost-efficient plan of workforce and resources is paramount for any firm existing at this spot.

Exploiting the Potential of HCM Systems

The use of Human Capital Management (HCM) systems is a practical way to address the many problems that the printing and packaging industry in Singapore has. The software is solution-oriented and you can manage all your human resources processes from one point thus enabling the firm to streamline where flexibility and precision are key. Just take for instance that HCM systems have to deal with payroll amalgamation, which is of utmost importance for the firms that have to balance volatile costs with oh staff management. On the other hand, they allow for data-driven decision-making, which results in improved forecasting and resource allocations.

Additionally, HCM systems as well do the work scheduling securely and optimally. They follow the latest technical breakthroughs to suggest ways in long-term operational planning. The system becomes more effective in operations with the help of the performance appraisal feature embedded in an HCM, thus, fostering an employee’s commitment and involvement in the firm’s overall goals. As a result, catching the good season of the business and having a well-established culture is made possible by the fact that a firm can save the hassles of manual management systems through the proper integration of an HRMS.

HCM Installation Roadmap

Rolling out an HCM system requires having specific directives in place so that there will be a smooth transition and return of investment. Jumping off this adventure starts with carrying out an organizational needs assessment to recognize particular issues/ challenges and align the goals with those technological capabilities. Getting the relevant personnel engaged throughout the process is critical as only then is the adoption of the software model HR most likely to succeed. The effective training of the employees would be coupled with an ongoing support system, which means that the HR system would develop in parallel with the needs of the business.

After launching, the HR system must be continuously monitored on the dimensions of performance metrics so that it can be adjusted to accommodate the push and pull of the sector’s demands. A strong feedback loop helps to eliminate issues and consequently enhances operational efficiency at the large. Following the guidelines, the firms can unlock the full benefits and thus advance their competition in the Singapore market.

Five Prominent Features of Multiable HCM System

• Rule-Based Workflow Engine: This functionality contributes to process efficiency by streamlining workflow automation and thereby reducing human errors.

• Powerful Payroll Engines: Smoothly performs detailed, complex payroll calculations, handling technically correct Singapore-local information like CPF and long service pay.

• Intelligent Roster Planning: This feature is essential to proper workforce management which is vital in evolving environments adding quickly and losing manpower.

• Unlimited Appraisal Forms: This functionality allows multiple employee performance appraisal criterion, thus, promoting people development and alignment to business objectives.

• ISO:27001 Certified: The trademark, of course, protects personal data that are related to critical information and therefore, it leads to the statutory compliance regarding property data.

Multiable HCM: Authorized and Endorsed in Singapore

It is important to note that, the HCM Multiable system is the first to be approved by the Inland Revenue Authority of Singapore (IRAS) in the case of the Auto-Inclusion Scheme (AIS) and its aforementioned verified compliance is the main reason for this endorsement. This acknowledgement serves as proof of the efficacy of the system in resolving work income data management thus, it has been further established as a premier HRMS software of note. Staffing establishments in search of a responsive HR solution can regard Multiable as a trusted partner not only for their full support for compliance with local laws but in addition for process streamlining.

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.