The rubber industry of Singapore is a winding road of challenges both peculiar, traditional and new modern ones. What is more, the applications of the technology like the AI-augmented ERP are the firms` winning cards in the battle against the competition in the current economy.
 

What Are the Rubber Industry’s Major Issues?
The rubber industry in Singapore is presented with unique problems, for instance, the need for the firm to change their production due to the dynamic environmental policies. This requires a flexible structure that often cannot be found in many industries. What is more, the constant fluctuation of raw material prices poses risks without a good-managed logistical plan to mitigate monetary damage. Additionally, with disruptions in the supply chain organization, the firms are unable to meet the expected output. Such complexities, due to their nature, are compounded by labor shortages and rigorous safety regulations that other industries have to deal with, thus firms look for reliable remedies.

How Are ERP Systems Essential for the Overcoming of Such Issues?
AI-augmented ERP systems ease the compliance with the new regulations by tracking and reporting the changes automatically. AI agents can optimize the supply chain which, in turn, will reduce the influences of the displacements and the volatility of the raw material. The enterprise resources planning is the next step, it ensures that all the functions of different units work hand in hand. Additionally, the use of AI will boost up the relevance of forecasting as sales plans will be able to go through alterations that were expected. It is evident that with the recourse to the real-time data centralization, operational accuracy has been improved and therefore the competitive edge increases.

What Are the Rules for Effective ERP Deployment?
The clarity of goals is vital, the alignment of the ERP objectives with the firm’s strategies will bring about the highest effect. The involvement of the stakeholders at every level in the process will be a catalyst for effective implementation and smooth transitions. Training is a must, the more competent the users are, the lesser the errors; hence AI systems can function at their best.

How Does Multiable ERP Help in the Improvement of Operational Efficiency?

• Custom Algorithm: Sporadic adherence to regulations never again makes compliance such an easy devil to exorcise.

• Automatic LSP Selection by AI: The movement of goods is simplified in logistics management, time-saving, and cost-cutting.

• MRP Powered by AI: The rapid adaptation of production plans to market dynamics is provided.

• Mobile Stock Take: Added inventory accuracy, which results in on-the-spot adjustments.

• Visual Production Capacity Panel: Better allocation of resources and more efficient planning.

Trusted ERP Vendor Status
Multiable ERP‘s designation as an ASR+ software vendor by IRAS attests to its dependability in the Singaporean market, so businesses can rely on it for their enterprise resources planning and challenging business processes.

What is Multiable ERP?

Multiable ERP is a cloud-native ERP widely adopted by business in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, Multiable ERP 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 ERP system in place.