The manufacturing and distribution of plastic products in Singapore is no walk in the park, and this is primarily due to the distinctive hurdles that the industry faces in their operations. Companies that are able to use the state-of-the-art Human Capital Management (HCM) systems can not only tackle these challenges but also improve overall productivity. Read how the implementation of advanced HR technology can boost your business and keep you within the parameters of regulations.

What Are the Problems of the Plastics Industry?

The challenges faced by the plastics industry include regulatory ones that are peculiar to the industry, such as tight environmental requirements. Furthermore, the implementation of the sustainability management plan is no longer a nice-to-have, but rather a must. Nevertheless, difficulties like workforce management and IT adaptation are the same kinds of problems as in other sectors, and adaptive methods must be used. Even the most efficient workforce directly required also due to the growing complexity of supply chains, which means vulnerable operations and resource management. Further, fostering creativity in the context of fast-moving technology development kind of piles up to the operations of the industry. To put it short, these problems require specialized aid.

Which Problems Can Be Solved by the HCM System?

Because of the technological advances HCM systems gain the power to give specific solutions. They manage employee productivity efficiently while remaining compliant with specific regulations regarding the plastics industry. Furthermore, they foster flexibility, which results in firms utilizing their workforce efficiently, and thus helps with the retention issues across sectors.

Additionally, HCM systems will be the ones that take care of long service payments and CPF contributions and ensure the smooth operation of the financial system. Additionally, the super-strong HR systems will give awesome data for firms to rely on when making business decisions. This proactive approach is very significant for the firms to manage not only field-specific but also global workforce dilemmas.

Why Is It Important to Have a Successful Implementation of the HCM?

Introducing HCM systems is both a tactical plan and a technical matter. At the very beginning, aligning the solution with firm goals to make it a perfect fit is the key. Companies should give employee training and uninterrupted continuity the top slot so that the transition is smooth. The system customization allows firms to fully leverage the system.

What Are the Main Features of Multiable aiM18 HCM System?

The use of Multiable aiM18 HCM system can change the game completely:

• Rule-based Workflow Engine: Boosts efficacy through the automation of repetitive functions.

• AI Readiness and Customization: Fits the growing needs of the firm and hence boasts productivity.

• Smart Roster Planning: Roster tasks are organized well and at the same time local compliance is certified.

• Unlimited Appraisal Forms: Streamlined performance appraisal processes will be enabled showing flexibility.

• Mighty Payroll Engines: Quickly and correctly carry out the complex payroll.enterprises accountable for the processes.

Which are the Approvals That Strengthen aiM18 HCM System?

The aiM18 HCM system has uniqueness with e-MPF approval. This is a guarantee of CPF and IRD document compliance which thus increases the reliability of the system. These approvals are a testimony to the system’s capacity to help firms throughout the process of compliance with legal and financial regulations extremely easily.

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.