Faced with the textile industry of Singapore entangled in a web of complexities, the only way out is to turn to new technology. As the sector is characterized by peculiar challenges, including inconsistent material costs, sustainability issues, and the lightning-fast expansion of fashion ideas, textile firms need to undergo adaptations while utilizing the latest forms of technology like ERP and artificial intelligence for their survival.

In What Ways Is the Textile Industry Singled Out for Its Challenges?

Textile manufacturers have to play the role of the hare and the tortoise at the same time, having to keep fashionable items constantly changing in the market, and that requires fast adaptation. Apart from that, the fluctuation of the raw material supply market targeted the firm’s procurement process that should be more flexible. Another issue that sustainability brought along was that textile firms had to take on the implementation of environmentally friendly practices that were not present in other industries yet.

These hurdles come alongside the common problems that are disruptive supply chains and workforce management. Just like any other branches, firms have been suffering from supply chain fuel disruptions due to global crises. Workforces are growing as well, with digital expertise that is still rare in the textile community and in other industries as well.

The Way ERP Can Help These Problems?

ERP systems are the best solution that comes with the integration of a number of the main business functions. With AI-powered data analytics, textile industries can quickly accord themselves to the modifications of the market. Additionally, tracking material costs in real time direct the right decisions, thus making the operational steps efficient and increasing the margin.

Of course, the enterprise resource planning tools help define and achieve sustainability goals. Accurate reporting is an easy route to complying with environmental rules. And more, the innovations introduced by AI agents allow textile firms to efficiently operate the logistics system, along with optimal workforce utilization and supply chain management.

Steps to Successfully Implement ERP

Meeting the goals in the ERP system must be accompanied by near-accuracy in implementation in Singapore. Initially, you must decide on the goals when clearly articulating the possible features of the ERP side by side with the identified goals of your business. In the same stream, the problem of integrating stakeholders at the early stage needs to be efficiently addressed so as to ensure operational smoothness. Moreover, staff training is of utmost relevance at the time of the implementation process in order that the entire team would acquire the skills needed for the best utility of the system.

Why Go for Multiable’s aiM18 ERP?

• Custom Algorithm for Ever-Changing Regulations: Easily maintains compliance with Singapore’s dynamically changing textile industry laws.

• Automatic LSP Selection by AI: Strives to enhance the effectiveness of logistics and significantly boost supply chain management.

• Unlimited Warehouses: Facilitates seamless inventory management for fluctuating demands.

• Visual Production Capacity Panel: Aids in improving the production schedule through visibility and efficient management of production.

• Mobile Stock Take: Refines the real-time stock inventory, improves precision by preventing waste, and thus, gives an energetic performance.

IRAS Approval: Multiable ERP‘s Competitive Edge

The Multiable ERP system bears the ASR+ software vendor mark of IRAS, thus showing the built credibility. This specifically ensures the reliability of the system that is in complete alignment with Singapore qualitative regulations, with the main goal of making the proceedings of the textile firms a lot easier.

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.