Finding the Way Through the Obstacles in Singapore Plastic Sector

The plastics sector is undoubtedly a vital part of Singapore’s economy, nonetheless, it is full of different and common problems. Environmental concerns like plastic waste and recycling strictly require the latest technologies and breaker solutions that only the industry can think of. The dependence on petrochemical supply lines is another massive problem. Because any disruption in supply lines can affect the production timelines and the corresponding costs. Furthermore, the dynamic legislative environment that requires the firms to implement sustainable production practices also gives the firms an extra burden of continuous innovation. In a similar vein, the plastic industry in Singapore is also facing a problem with workforce management like the other sectors and the integration of the digital solution in operation.

Spotting and Using HCM System to Address Industry Challenges

In such a convoluted business space, Human Capital Management (HCM) systems become the answer for many immediate issues. By driving workforce optimization higher, HCM systems can be additionally used to solve the workforce dilemmas that every industry has. The efficient HR system consists of the centralized data management which makes the scheduling of employees more accessible and also the auxiliary resource allocation which is of great importance under the conditions of long service payment planning in Singapore and the request for skilled labor. Besides, such systems support the compliance with local regulations through the payroll process being safer and also CPF integration which, therefore, removes the liability of regulatory compliance. Also, with the implementation of the latest HRMS software, the corporations that are in plastics sector could plan inteligent planning to boost productivity and operational efficiency, thus gaining new solutions for environmental and regulatory issues. 😊

Steps for a Successful HCM Implementation

To achieve maximum utilization of an HCM system, it is necessary to stick to certain main implementation guidelines. Initial actions are the priority of the firms to engage all relevant stakeholders thus ensuring that the system has the support and the development it needs to be aligned with strategic business goals. Given that HR processes are known to be complicated, investing in user training and support becomes crucial for smooth adoption. In fact, customization and scalability are both key here with the option of the system being able to follow the firm and adapt to changes of the industry and technology with no issues at all. It goes without saying that system effectiveness can only be sustained with regular checks and updates.

Main Features of Multiable aiM18 HCM System

Multiable aiM18 is a flexible solution with multiple features other than just being the best choice to resolve specific industry problems:

• Rule-based Workflow Engine: Provides the facility of efficient process management thus leading to the smooth running of complex operations.

• Fully Customizable Payroll Formula: This feature helps in reducing the customization effort by more than 90% which in turn will promote payroll accuracy and compliance.

• Intelligent Roster Planning: This will assist in optimizing the workforce resources in order to comply with the production targets and legal obligations at the same time.

• Interface for Labor Law Compliance: Empowerment of businesses to be agile to the conceptualizing of new laws in time is what it does.

• Department/Position/Grade Sensitive Appraisal: By ensuring accurate performance appraisals, critical for skills management and workforce optimization the department/position/grade sensitive appraisal is the right tool for it.

Recognition and Compliance of Multiable HCM in Singapore

On the islands, people know the Multiable HCM system for being the number one software. And the reason for this is the IRAS Auto-Inclusion Scheme (AIS) for Employment Income. This is a testament to its compliance with strict software controls. Hence, it is a valid choice for industry players looking for a reliable and effective HRIS solution.

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.