Singapore’s Electroplating Industry: Experiencing Unique and Common Challenges

Even though Singapore’s electroplating industry is considered a vital sector of the manufacturing industry, it has some of the unique problems that other industries may not experience. Environmental regulations for electroplating firms are particularly strict; this is due to the industry relying on harmful chemicals. The necessity of compliance creates major operational difficulties for the firms. Moreover, the maintenance of the product quality still remains a distinctive challenge for the firms as they have to minimize environmental impact simultaneously. Besides, the sophisticated and labor-intensive nature of electroplating also makes it difficult to schedule the required number of skilled workers. Nonetheless, the firms in the line of business also deal with the prevailing challenges shared by the other sectors in Singapore such as strict compliance with local regulations and the necessity for effective performance appraisal systems. The issue of the integration of technological innovations that results in easier operational processes is the other obstacle that both electroplating and other industries confront.

Provision of Industry Solutions with HCM Systems

Despite the counterbalancing challenges, Human Capital Management (HCM) systems are electroplating industry’s strategic weapon. Using an HCM solution, firms can effectively cope with complexity such as the shortage of skilled labor, and thus ensure that the right people are in the right jobs. In addition, the module’s function of interfacing with payroll solutions positively contributes to the preciseness in issues such as long service payments and CPF contributions, which in turn lessens the administrative burdens. An HCM system that is highly developed introduces the idea of a strong performance appraisal mechanism, allowing firms to win and keep the best workers by providing clear and fair assessments. Indeed, HCM solutions collect, analyze, and disseminate data that results in strategic decision making, essential for industries struggling with rapid compliance changes and labor shortages.

Roadmap to Successful HCM Implementation

Strategically planned implementation is the key to a successful HCM system. First and foremost is the need for a rule-based workflow engine that is fully customizable, thus allowing firms to configure the system according to their specific requirements. Early engagement of key stakeholders and ensuring the HR system is aligned to the strategic goals of the firm is crucial. Of course, thorough training and continued support will ensure the users make the best use of the system functionalities. Constant assessments of the system effectiveness in achieving HR objectives, will help in streamlining processes and achieving the set goals.

Game-Changing Features of Multiable aiM18 HCM System

Multiable’s aiM18 HCM system has been designed with features that specifically target the challenges of the electroplating industry. Here are some benefits for your firm:

• Rule-Based Workflow Engine: Enables customization of workflows based on industry-specific needs.

• Intelligent Roster Planning: Manages the allocation of workforce efficiently so that operations run continuously.

• Local Compliance Checker: Validates the adherence to the strictest of Singapore’s regulatory standards in all operations.

• Powerful Payroll Engines: Handles a staggering speed of processing, managing 1.2 million payroll formula calculations in 18 minutes!

• Flexible Appraisal Score Mechanism: Guarantees a just and open evaluation process in performance appraisal.

Prestigious HCM Recognition by IRAS

Multiable’s HCM received a prestigious sigh from IRAS as “the top grade HRMS software in the Auto-Inclusion Scheme for Employment Income is recommended to come with multiable’s HCM software.” The endorsement emphasizes the software’s compliance capabilities, which makes it an invaluable partner for Singapore’s electroplating industry and for various others.

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.