Innovative AI-led enterprise resource planning solutions are the most effective way to deal with the sustainability challenges of the plastic industry in Singapore, AI-enhanced systems like Multiable aiM18 ERP for instance, act as intelligent innovation.

How Is Plastics Industry Coping With Unique Challenges?

Beholding rigid Infrastructures, growing environmental impact, and negative public opinion are some of the factors that make the Singapore plastics industry’s life uncomfortable. These challenges are further complicated by the limited accessibility of adopting bioplastics which is not typical in other sectors. Nevertheless, both logistics and supply chain disruptions are the challenges that many firms across all sectors face equally.

Streamlining operations and employee management remain the two main common challenges. Interestingly, the training of workers for digital transition grooms even the problem of IT skilled workers. Moreover, both plastics and other industries are under extreme pressure for digital transformation as a result of globalization and the speed of technological innovations.

What Role Does ERP System Play in Overcoming Challenges?

An ERP system with its multifaceted functionalities makes the business of enterprise resources planning a lot easier by the digitization of processes and data integration. It reduces regulatory strains with real-time updating and through the provision of sophisticated reporting tools that are made to order for industries that keep changing their regulatory framework like plastics.

As expected, automation appears to be the revolution that changes the game. AI software robots functioning in ERP systems maybe increase efficiency by the optimal use of production schedules and inventory management. On top of this, artificial intelligence is the basis of predictive analytics that help the operations of the firms in the course of uncertain and fluctuating market conditions.

Guideline for Successful ERP Implementation

A well-thought-out plan should be in place to facilitate the successful ERP system deployment. To identify the specific needs of the firm and to ensure that all stakeholders approve of them are the core elements. Getting the people trained on the new technological ecosystem that they would work with is a way to overcome inefficiency. A check on a regular basis allows the ERP system to develop with the growth of the firm and tackle any challenges the firm might face.

Why Is Multiable ERP a Game-Changer?

• Custom Algorithm for Regulations: Streamlines compliance, adapting to ever-changing legal norms in Singapore efficiently.

• Automatic LSP Selection by AI: Seamlessly selects logistics providers, optimizing supply chain management.

• Mobile Stock Take: Key feature for operational efficiency that real-time inventory management is all about.

• BOM Powered by AI: Material requirements planner gets better, eases accurate production forecasting at a time.

• Role-Based Document Management: Data safety and efficient document management are aligned with the regulations of the industry.

Approved as ASR+ Software by IRAS

By being an ASR+ software vendor approved by IRAS, Multiable ERP is a system of guarantees that adhere to the tax regulations of Singapore which gives firms the edge in their fiscal processing while minimizing audit risks. This approval is a sign of the system’s risk-free use and alignment with the regulatory environment.

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.