Confronting the Issues Facing FMCG in Singapore

What Are the Specific Problems for FMCG Companies in Singapore?
The FMCG sector deals with specific hurdles like high product turnover and the coordination of a huge number of stocks. Following strict CPF standards and increasing consumers’ expectation for a speedy response add to the pressure. Because of the fierce competition, the firm should adopt flexible scheduling which is vital for process sustainability and optimal operation.

Similar to FMCG, other industries have crucial areas that need addressing such as keeping abreast of technical development and retaining the workforce. Quite frankly, the adaptation to rapidly evolving consumer preferences is also a general problem that firms are called to solve in advance.

HCM System Support for These Challenges?
HCM systems are the tools that firms deploy to overcome these challenges by automating HR processes. They guarantee regulatory compliance, decrease the incidents of errors, and distribute the resources efficiently. In addition, smart systems provide the necessary workforce flexibility, first addressing the increase in demand, and then improving employee performance appraisal metrics.

To bear in mind, the establishment of a solid HR system can help greatly in the application of complex payroll regulations; which is critical for businesses that operate in Singapore’s diverse marketplace.

Principles for Proper HCM Implementation
In order to achieve successful HCM implementation, foster stakeholder participation and set forth well-defined objectives. Ensure that employees are trained comprehensively to the maximum utilization. Periodical system updates to feature new rules and functionalities are the keys to the long-lasting effect.

The Features That Make Multiable aiM18 HCM Your Best Bet?

• Rule-based Workflow Engine: More efficient process is fostered.

• A.I. Ready and Customizable: Adaptable HR solutions are the most supported ones.

• ISO:27001 Certified: The assurance of the security and privacy of data.

• Intelligent Roster Planning: Staff flexibility growth.

• Powerful Payroll Engines: Quickly, payroll execution is – along with the CPF compliance – a helper.

Keeping Your Company in Compliance with the Help of aiM18 HCM
aiM18 HCM is e-MPF endorsed and supports the smooth execution of payroll by accurately calculating the contributions required by the MPF and the documents must be in accordance with the IRD regulations, hence ensuring that Singapore’s compliance is maintained.

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.