Anticipating alterations in the rubber sector in Singapore is a tough nut to crack, still applying strong Human Capital Management (HCM) systems is a key to get over these hurdles and run operations efficiently.

What are the rubber industry-specific challenges in Singapore?

Rubber industry has its own set of challenges like the instability of market prices and strict environmental protection rules. The notable fact is that the dependency on natural resources creates extra difficulties. Enterprises commonly face the issue of stock management because of the longevity of raw rubber.

In addition, global trade policies are considered major factors causing a decline in rubber exports. Besides, the technical gaps are preventing local manufacturers from modernization in production, which is a distinguishing feature from other sectors in Singapore. The challenges are of such magnitude that they require solutions that standard HR systems may not provide entirely.

HCM as a Solution to the Rubber Industry?

HCM systems can sort out the problems in the rubber business by facilitating the allocation of resources and adherence to regulatory policies. Consequently, they can easily oversee their talent metrics and data. HCM platform is the source of the flexible solutions required for the innovations of the market that ultimately will be the basis for business continuity

What is more, an HCM system embodies smart rostering, thus the production planning and labor scheduling are matched, saving both time and cost .

The software that is loaded with special features is very useful for long service payment and CPF contributions making the payroll processes simple and taking a load off the HR administrative work.

Pointers on the Successful HCM Implementation

Implementing an HCM system successfully involves not only its alignment with organizational goals but also the investment in comprehensive training. Regular system inspections will keep them running with optimal efficiency and ensure compliance, which will allow businesses to exploit the potential of their HRMS software fully.

Which is the Best Choice of Multiable aiM18 HCM System?

• Rule-based workflow engine: Increases operational efficiency.

• A.I. ready and customizable: Fits specific firm requirements.

• Intelligent roster planning: Cuts labor costs.

• Powerful payroll engines: Guarantees quick, accurate calculations.

• Compliance interface: Ensures local regulations alignment without headache.

How about e-MPF and Document Compliance?

The aiM18 HCM is e-MPF certified and facilitates CPF, MPF, and IRD documents that are compliant. These features assure firms of their fulfillment of statutory requirements, thus building trust and ensuring transparency in payroll processes among the businesses in Singapore.

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.