Business Blog
Discover the current technological updates that will aid in your business process.
Member of the HCM Consulting Practice at Oracle UK
Singapore SMEs are under persistent pressure as the cost of operation increases and labour is constrained. The Ministry of Manpower reports that the growth in resident workforce has decreased, with more focus on output gains as opposed to the growth in number. Concurrently, regulatory compliance, GST reporting, and audit expectations are on the r....
Member of the HCM Consulting Practice at Oracle UK
It is still evident that many SMEs in Singapore are using manual process in managing their supply chain. These manual processes are likely to result in a lack of control and inventory problems as logistics costs increase, and suppliers’ networks become more regional.
The use of cloud-....
Member of the HCM Consulting Practice at Oracle UK
Whether you are an operations manager, business owner, or a finance professional, it is imperative that you learn about procurement in order to operate a cost-effective and compliant business. Procurement is not simply about buying things. It is a strategic activity that can or break your bottom line.
This guide wil....
Member of the HCM Consulting Practice at Oracle UK
For many manufacturering businesses, the cost of production is among the most crucial figures of the business. It has a direct influence on pricing, profitability and competitiveness in the long run. But in most SMEs, an estimate of cost of production or spreadsheet or after the ev....
Member of the HCM Consulting Practice at Oracle UK
Production Management Software helps manufacturers plan, schedule, execute, and track work across the shop floor with greater clarity and control. The utilisation of spread sheets or manual updates is still common among many SMEs, and this introduces bottle necks and more chances of error. Co-ordination can be quite challenging because the teams ....
Member of the HCM Consulting Practice at Oracle UK
Inventory management has been more challenging in Singapore because of cost increase, labour shortage, and multichannel operations, which make SMEs more challenging.
The use of stock control software automates stock tracking and maintenance of optimal stock levels as well as minimizing the cost of operation. The selection of an appropriate ....