Do you think you can fly if you eat a bunch of feathers? Well, it can’t work! Though other things can be done to fly.
Likewise, in today’s digital world, SMEs have had the upper hand in opportunities. Although the challenges are many, the enterprises still come up with strategies to curb the problems.
Let’s now dig into some of the challenges faced, more so in Singapore: KFC Singapore is the local chapter of the global business group that specializes in serving chicken meals seasoned with a unique blend of all the herbs plus spices. Now, one of the main challenges they face is to control their web-based applications and the inability to handle massive amounts of transaction. So how do they mend this? You are about to find out.
Don’t you know that the longest day has an end? Well, it might be an uphill task for businesses in Singapore.
One of their main challenges is to get and retain the right workers for proper output — other sectors such as construction, retail, and beverage face labor-intensive methods. Enterprises also encounter lots of obstacles when it comes to getting potential applicants who are not only aligned with the value but also in the “same room” with the top management vision.
2. Repelling to Change
ERP over the years have tried to hit it at the competitive edge. And albeit all the strategies and processes used by the systems to milk out as many benefits as possible, people still don’t want to embrace change. Therefore, any struggle to bring transition ought to be taken into consideration. This may be worsened if an organization, team, or group has not comprehensively grasped the need to implement ERP solutions.
- Digital Transformation
He who seizes the right moment is the right man. And technology has tried to make use of every opportunity to make the world a small village. Since the world is increasingly become digitalized, it’s, however, being faced with misconceptions that digitalization comes with a cost. This has poisoned the minds of SMEs and erased from them the essence of the digital transition. They don’t even seem to recognize that the same technology is working for their rival businesses next door.
As a matter of fact one of the Singaporean- Kuik Xiao Shi, 2015 says; “What could really move the needle for Singapore’s future economy is businesses that are driven by technology and are global in nature.” There is, therefore, the need to prioritize digitalization for national sustainable growth.
Strength alone knows conflict, weakness is below even defeat and is born vanguished, although much strength may be needed. If you’re a business person in Singapore, ERP is the way to go.
Hence undertaking and implementing of software requires a lot of planning and monitoring to ensure success thus reduce problems. Addressing the above challenges can help with planning stages and make sure all potential problems are addressed before implementation gets underway. Truth is that challenges will never come to an halt in organizations, companies or business enterprises but there is ERP.