The tire and rubber industry in Hong Kong is fighting a battle against various challenges, but the implementation of modern and artificial intelligence technologies such as Multiable’s aiM 18 ERP opens a door for addressing these issues.

Why Are Rubber Industry Challenges Different from Others?

Unlike other businesses, which grapple with wild material costs and make decisions freely, its production process is a deal breaker for the rubber industry in the financial area; i.e. it is a matter of life and death. In addition to this challenge, the producers who produce earthen commodities have to deal with the problem of obeying various frequently revised environmental laws. Unlike other businesses, whose primary challenges are labor and distribution, the rubber industry has the unique problem of demand volatility vs. quality maintenance.

With The Help of an ERP System, Is It Possible to Overcome These Problems?

The rubber manufacturers are benefitting through the process of the software which is used to manage resources at the firm like Multiable’s aiM18 with their integration of all business functions, which in turn reduces costs and improves efficiency. This can be accomplished through the utilization of wide-ranging online statistics which help the respective business to detect market changes; hence, the firms can take action before it is too late. AI agent technology, on the other hand, is the principal technology that autonomizes tasks that are insignificant, thus, giving time to human resources reorient to educate concerning new laws.

How to Apply ERP?

Of course, but the introduction of ERP systems has to follow a proper plan and thus must fit into the overall business objectives. The first step is to implement the modular plan for this purpose and include the resources planning systems of the entire organization gradually. The next thing is to have important people involved in the process of restructuring and give complete training in order to have the ERP system run seamlessly and the staff get used to it.

What is the Relevance of Multiable ERP for Rubber Industry?

• • Custom Algorithm for Regulations: Ensures compliance with ever-changing industry rules.

• • AI-driven Logistics Selection: Optimizes logistics cost by choosing the best service provider.

• • Mobile Stock Take: Enhances inventory management efficiency.

• • AI-powered MRP: Forecasts demand and streamlines production planning.

• Role-based Document Management: Secures sensitive information with custom permissions.

Incorporate AI Agent Technology in ERP Systems

By means of embedding LAIDFU in Multiable ERP, the Hong Kong enterprises would be able to automate and optimize the planning of the enterprise resources as well as utilize many artificial intelligence frameworks, thus, saving the operational costs and enhancing the agility of the operations.

What is Multiable ERP?

Multiable ERP is a cloud-native ERP widely adopted by business in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, Multiable ERP gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.

What is LAIDFU (Let AI Do for You)?

LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.

Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.

EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.

Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.

LAIDFU empowers business, with or without an ERP system in place.