According to reports out this week, SMEs are still struggling with the ongoing manpower shortage and an increase in employee salaries and rents, while they also suffer declining profits. The results from an annual SME survey conducted by the Singapore Chinese Chamber of Commerce & Industry (SCCCI) indicate that 83% of the 645 companies surveyed…
Manufacturing is an industry where everything depends on the ability to continually produce top quality products or services; downtimes, inefficiencies, machinery faults and quality control measures are all risk factors affecting the bottom line. It’s important for manufacturing industries to leverage the best tools and technology available to them to maintain their success and grow…
In last week’s post, we took a long, difficult look at the past 12 months for your business; the good, and the not so good. The next step is to look at how the ‘not so good’ can be transformed so that when you perform your end of 2014 business review, you’re much more satisfied…
This post was previously published on 6 September 2013. For more up to date information on the PIC scheme and other budget initiatives, please refer to our most recent blog post on Singapore Budget updates, with the latest available information from IRAS. For the full details, visit the IRAS PIC site. The question should be…
No one likes a drama, especially in business. Your operation needs to run smoothly, quickly and underpin your profits; otherwise why are you in business? SAP HANA promises drama; but only the best. The best way to curate your data, the best way to gain accurate insights into your organisation, the best kind of analytics…
Picture this. A company starts out small, possibly with even fewer than 10 employees. At this stage, the operations of a business keep everyone busy, getting products out to the market is key to sustaining the growth. Functions such as finance, sales and marketing and human resources might be handled by the same person or…
They all started there – in that startup phase where the CEO was also the operations manager, the production manager, the sales and marketing guy, the hirer and firer, the chief problem solver. They knew everything about the organisation because it was their concept, their baby and they knew every contact, every sale, every team…
This may sound familiar to many of you: each day begins with an influx of emails to your Blackberry / iPhone / Smartphone device and before you’ve even left home you’ve downloaded several attachments full of facts, figures and colourful charts from numerous departments telling you the average call volume, the number of emails received…
Ensuring your company manages change and risk effectively can be tricky: Change and risk are often mutually exclusive in our organisations; you can’t embrace risk without some form of change taking place, and you can’t implement risk-free change. So what should you do? Stay safe and never change? Or, jump into risky situations whenever they…
SAP HANA is revolutionising the way companies use predictive analytics to make better decisions on petabytes of Big Data. Companies are also leveraging the integration between SAP HANA and their SAP CRM.
