February 26, 2024

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Singapore to Adopt Industry 4.0 Tech to Facilitate Business Transformation

As Singapore companies transition to Industry 4.0, people management and job redesign initiatives will be required to help companies adopt and sustain the changes. Many businesses report that people management is still one of their most difficult challenges.

While government grants and initiatives have aided some of these efforts, there is no programme in Singapore that assists businesses in learning about Industry 4.0 transformation and people management in a synergistic way and applying these learnings directly to their operations. IHCI was created specifically to meet this industry need.

Embrace change and be a change agent, urged Singapore’s Manpower Minister, as he encouraged more manufacturing firms, particularly SMEs, to take advantage of government programmes such as the Industry 4.0 Human Capital Initiative (IHCI).

After completing a tour of a local firm, he provided an update on the IHCI programme, which was jointly launched in March 2020 by Workforce Singapore (WSG) and the Singapore Business Federation (SBF) to enable the successful adoption of industry 4.0 (i4.0) technologies, as well as the development of a more skilled and productive local workforce.

Close to 90 companies, including the local firm, have benefitted from IHCI since its inauguration, with more than 1,500 job roles identified to be redesigned. “WSG and SBF will be expanding the IHCI to help another 210 manufacturing companies, in particular our SMEs, adopt i4.0 solutions, transform jobs and reskill their workers by 2022,” he said.

The IHCI takes a multi-pronged approach to drive human capital transformation and i4.0 adoption. The IHCI Self-Help Portal, which assists companies in analysing and identifying gaps in their human capital practises and digital processes, kicks off the programme. The eight-week IHCI Enabler Programme follows, in which companies are guided by dedicated experts to address priority areas such as asset efficiency, labour productivity, inventory optimisation, planning efficiency, and quality performance.

Chief Executive of Workforce Singapore, added, “The shift towards i4.0 means manufacturers must adopt a new way of working, automating processes, and making data-driven conclusions to optimise and maximise output and production. Along with digital transformation, jobs need to be redesigned with the intent to build human capital capability to support the change.

“By embarking on IHCI, companies will have the practical know-how to implement i4.0 technologies in tandem with charting a strategic HR roadmap for holistic transformation. Companies will not only reap practical rewards such as improved production and cost savings, but also a skilled workforce to take on jobs of the future.”

WSG also launched the Professional Conversion Programme (PCP) for i4.0 professionals, executives, and associates earlier this year to help manufacturing companies grow and reskill their workforce. The programme aims to provide new hires and existing employees with i4.0 knowledge and skills, allowing them to either switch careers into the manufacturing industry or be reskilled to take on higher-value jobs in their current companies. By 2023, the PCP is expected to benefit over 200 trainees.

Given the need to meet the aspirations of an organisation’s most valuable employees while also mitigating risk from a compliance and legal standpoint (for example, right to work in the UK), every HR manager will have to embrace a level of digitisation that goes beyond mere record-keeping.

Ambitious and IT-savvy HR managers are already carrying this process to its logical conclusion – one that places them at the very heart of an organisation, offering advanced workflow management while nurturing and deploying top talent to create a way of working that is far more efficient and controlled than previously imagined. This allows the HR team to become a catalyst for driving productivity, backed by a resource that maximises the return on the organisation’s human capital.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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