A few common themes crop up when we talk with SMEs today who are trying to balance growing their business in ever-shifting economic environments:
Whether it’s cheaper labour or raw materials, better quality services, or wider market access, businesses are constantly facing new channels of competition from emerging markets – initially from countries like India and China but more recently Latin America.
Local competition is also an issue when companies set up shop in a previously tightly-held market and offer better products at lower prices. SMEs who had enjoyed market dominance have to rethink their positioning and strategy.
Systems don’t support growth
Internal processes and systems that worked when the company was being set up in the early days often don’t cut it when trying to expand operations. Falling into the trap of thinking that more sophisticated systems can wait until growth comes is normal for SMEs, but can be avoided with the right planning approach.
Companies of all sizes need to rely on their talent to provide the best services to clients and customers – this is even more important when trying to grow a company’s market share or diversify a product range. But HR processes can often be left by the wayside by SMEs who don’t see the bigger picture in getting the right people in early.
Most SMEs know these days that mobile technology can impact their business – but they often struggle with how, why and what kind of improvements it could bring. Everything from mobile warehouse management, delivery solutions and global collaboration tools can transform a company’s capabilities in often very simple but effective ways.
How can SMEs to overcome these challenges?
We posted recently about companies needing to make bold moves when thinking about investing in an ERP solution and this is never more important than when trying to grow in and navigate competitive markets and tough business times.
Blue Ocean Systems is committed to providing SMEs with the best possible support and insights into how the industry leading ERP – SAP Business One version for SAP HANA – can help companies with these challenges, and many more.
But we also know that sometimes you need to see, experience and experiment before you can fully understand exactly how your business can benefit.
Join us in Singapore on October 15 to learn how digital SME solutions can help you grow and maximise your business…
Thursday Oct 15, 2015
9:00 AM – 1:00 PM SGT
M2 Academy, 218 Orchard Road, #11-01 orchardgateway@emerald, S238851
Competition has been listed as one of the main challenges SMEs face globally. Blue Ocean Systems, together with our partners AGHRM and Ascendere 9 have helped SMEs of various sizes in their digital transformation journey. Join us during this seminar to discover several new options to improve your business processes and systems. Discover new ways to help your business run better, and faster ahead of your competition.
We have a group of qualified representatives to speak on the following:
Arun Devan (Managing Director, Blue Ocean Systems)
Top-tier ERP @ SME Prices
Companies often encounter roadblocks when pursuing expansion. Their current systems are not capable of supporting their growth, and key information is not available in a timely manner. ERP Systems deployed by Blue Ocean Systems will help you overcome this problem, ensuring that you are able to focus on what you do best, running your business.
Steve Koh (Managing Director, AG Net)
HR Solutions for SMEs
Companies and organisations are entirely reliant on their people. As such, a good Human Resource Management system is required to better manage your workforce. Gain access to Organisational Leave Charts, Self-Service Payslips, Claims and Attendance Management to facilitate the management of a growing workforce. Tap on SPRING Approved Outsourced HR Grants, and leave your HR Requirements to the professionals.
Chan Mun Keat (Business Development Director, Ascendere 9)
How Consumer Goods Distributors Utilise Mobile to Boost Sales, Fulfilment and Warehousing
See how companies like Hock Seng Food and S&A Coffee improve their operations through the use of the latest Android Mobile Technology. Ascendere 9 has a proven track record of deploying reliable Mobile Solutions including Mobile Van Sales, Mobile Proof of Delivery and Mobile Warehouse Solutions. Enhance your productivity with Mobile Solutions by Ascendere 9 today.
Benefits of attending:
1. Discover industry best practices and benchmarks for cost containment and productivity enhancement
2. Get the most out of a trim and lean workforce
3. Discover how your company can leverage government grants for local SMEs
This SME event is offered to you free of charge – just reserve your place here.
Note: This story has also been adapted for publication in Steemit.