Manoeuvring the Numerous Problems in Food and Beverage Processing Industry of Singapore

Over the recent years, food and beverage processing industry of Singapore has been a very dynamic sector seeing a lot of changes and challenges. The country has managed to convince itself as the number one global food technology hub, and as such, the industry is involved in both rapid innovation and of course battling with the so-called distinct obstacles which would naturally test the strength of the industry. No particular field is outside the experience of hardships; food and beverage processing is an exception as it has more complex issues that come with it and demand particular focus, such as stringent health regulations, the volatility of food supply chains and the autonomous consumer preferences which change from time to time.

Breakdown of Food and Beverage Processing Industry

Strategically impacting navigators in the food and beverage processing sector in Singapore smart tackling of issues within the specific industry. The first violation of rules is the health and safety regulations, which is the most markdown ever since it deals with the delivery of updates as frequently as perishable food products are. The second is the supply chain disruptions as a result of global crises that are popping everywhere which made this industry suffer the most, thus inventory management is a tricky subject most often which goes hand in hand with the mentioned earlier problems. In addition, innovation pressure and the need to meet customer preferences form a combination that results in more demands for firms to keep them in the market.

In fact, these are problems you will also face in other places apart from food and beverage processing. Workers being in shortage and high operational costs, among others, are problems that various sectors face in the Lion City. At the same time, firms that seek improved efficiency have to bring in the latest technology which, in turn, creates a demand for skill development that is a critical issue in today’s digital-oriented world.

The Role of HCM Systems in Surmounting Industry Issues

It is obvious that the main instrument for fighting the operational issues faced is the Human Capital Management (HCM) systems which are all throughout the firm. HCM system enables the fast and effective steering of the firm while also gaining the necessary time to work on their other business areas.

Besides, the best HCM is a barometer of labor productivity by maximizing the automation of payroll activity, ensuring the exactness of local work-related rules, and offering strategic skillful rostering to cope with labor shortages. Really, presenting immediate data analytics as well as custom-made reports, the HCM systems turn the firms to mushroom decisions that go along with short-changed market needs. The technology incorporation on performance evaluation systems not only facilitates the resource identification but also the training of the staff, which is an important driver of the organization’s development.

HCM Implementation Guidelines for the Successful Targets

Success in implementing an HCM system will boil down to the observance of a few straightforward guidelines. To begin with, organizations should describe their HR objectives clearly and select particular issues they want to overcome. If the HCM system is tailored to these objectives then it will produce the maximum efficacy. Because HR processes are complicated, selecting a system that allows flexibility and customization to meet specific business needs is extremely important. The last and equally important step for stakeholders to take is to get the upper hand on decision-making, as well as, providing adequate training which in turn paves the way for successful integration, promotion of long-term sustainability and ease of use.

Standout Advantages of Multiable aiM18 HCM System

Multiable aiM18 HCM system is one of the best solutions for addressing these problems with special features:

• Rule-based Workflow Engine: It makes complicated HR activities easier, and efficiency with compliance management.

• Fully Customizable Payroll Formula: It gets rid of payroll customization issues bringing greater efficiency in finances.

• Intelligent Roster Planning: The staff scheduling optimization is the crucial part of dealing with labor shortages.

• Interface for Tailored Labor Law Compliance: It is user-friendly when it comes to local employment law adherence.

• Unlimited Appraisal Forms: Flexibility in performance evaluation for the talent management system.

IRAS Approval and AIS Endorsement Equals Trustworthiness

Multiable HCM‘s reputable standing is not merely in its own capabilities but also is due to being endorsed by the Inland Revenue Authority of Singapore (IRAS) under the Auto-Inclusion Scheme (AIS) for Employment Income. The fact that it is identified as a top software, especially in the ‘Category of Software Compliance to Controls’ ensures the compliance of the firms that are using this HRMS software with the most stringent requirements.

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.