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Embargoed Till After 17 November 2017, 1.00 Pm More Than 5,200 Embargoed till after 17 November 2017, 1.00 pm More than 5,200 enterprises have tapped on Lean Enterprise Development Scheme to Transform and Grow Additional resources for technology solutions to push for quicker and more pervasive industry-level transformation Singapore, 17 November 2017 – Since its launch in October 2015, the LED Scheme has helped over 5,200 enterprises from all sectors harness technology and lean manpower solutions to transform their business operations and processes and improve productivity. 2. The LED initiatives range from optimisation of technology and automation, to adoption of progressive human resource practices and more. These efforts can take place at either the individual-enterprise or enterprise-cluster levels, providing companies with readily-available, customised solutions and supporting them in capability development so that workers can also benefit from the resulting higher-value jobs. (refer to Annex A for the LED Scheme factsheet ) Driving the next level of business growth through RTG solutions 3. Nearly 1,000 companies supported by the LED Scheme this year have adopted over 40 government pre-approved ready-to-go (RTG) solutions that are designed for various industries and business functions. These RTG solutions are featured on Tech Depot, a centralised platform launched in April 2017 under the SME Portal. (refer to Annex B for details on Tech Depot, and Annex C for examples of companies who have tapped on RTG solutions ) Page 1 of 20 Cluster projects for broader impact 4. Cluster projects offer benefits through economies of scale, helping companies access technology and solutions without having to expressly invest in hardware and resources. Through cluster solutions, companies are also able to pilot smaller-scale projects which they can then translate into larger scale, long-term and holistic transformations. (refer to Annex D for examples of cluster projects ) Capability transfer to bridge skillsets and expertise 5. Enterprises and industries also need to enhance their local workforce capability to compliment and accelerate transformation in a manpower-lean landscape. To help develop local workforce capabilities, enterprises are also encouraged to tap on the Capability Transfer Programme (CTP) which brings in industry experts to train local specialised users. Announced in October 2017, CTP provides support to companies in facilitating the transfer of capabilities to help local workers acquire skills and knowledge lacking or short in supply in Singapore. (refer to Annex E for details on CTP and an example of a CTP project ) Second LED Symposium 6. At this year’s symposium, 14 companies shared their lean transformation journey after embarking on LED projects in 2016. Organised by the LED Taskforce and led by SPRING Singapore, Workforce Singapore, the National Trades Union Congress and tripartite partners, in collaboration with the Singapore National Employers Federation, the symposium featured the sharing of success stories and in- depth panel discussions by companies and solution providers. The event also included a gallery showcase of business transformation projects where industry practitioners shared their transformation initiatives and insights, and provided participating companies with useful and actionable ideas. 7. The 2017 LED Symposium was graced by Manpower Minister Lim Swee Say and Second Minister for Manpower Josephine Teo, and was attended by more than Page 2 of 20 1,000 individuals from a range of sectors including food services, construction, food manufacturing, ICT and media, professional services, electronics, hotels, logistics, and precision engineering. (refer to programme booklet for speakers, companies and gallery showcase details ) ### For media enquiries, please contact: Ministry of Manpower Ng Li Yan Manager, Corporate Communications Department Tel: 6317 1466 M: 9151 1462 Email: [email protected] SPRING Singapore Fizzah Rahman Manager, Corporate Communicate Tel: 6279 3170 M: 9232 9340 Email: [email protected] Workforce Singapore Jeanne Mok Senior Manager, Corporate and Marketing Communications Tel: 6512 6572 M: 9741 5565 Email: [email protected] Page 3 of 20 The cross-agency LED taskforce comprises the following sector agencies and organisations: • Ministry of Manpower (MOM) • Building and Construction Authority • Economic Development Board • Info-communications Media Development Authority of Singapore • SPRING Singapore • Singapore Tourism Board • Workforce Singapore • National Trades Union Congress • Employment and Employability Institute About Ministry of Manpower Our vision is to develop a great workforce where Singaporeans can aspire to higher incomes and fulfilling careers. Complementing this is a great workplace where companies are lauded for having outstanding employment practices and organisational cultures. To achieve this vision, our mission is to improve the skills and productivity of the Singaporean workforce as the basis for better jobs, higher incomes and a secure retirement. We will judiciously supplement our workforce with foreigners, such that they strengthen the Singaporean core. We will also build progressive workplaces, strengthen tripartite relationships and encourage harmonious work cultures so as to create fair and forward-looking employment practices that provide safe and healthy work environments and enable balanced work-life. Please visit www.mom.gov.sg for more information. About Building and Construction Authority The Building and Construction Authority (BCA) of Singapore champions the development of an excellent built environment for Singapore. BCA’s mission is to shape a safe, high quality, sustainable and friendly built environment, as these are four key elements where BCA has a significant influence. In doing so, it aims to differentiate Singapore’s built environment from those of other cities and contribute to a better quality of life for everyone in Singapore. Hence, its vision is to have "a future- ready built environment for Singapore". Together with its education arm, the BCA Academy, BCA works closely with its industry partners to develop skills and expertise that help shape a future-ready built environment for Singapore. For more information, visit www.bca.gov.sg . About Economic Development Board The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore. For more information on EDB, please visit www.edb.gov.sg . Page 4 of 20 About Infocomm Media Development Authority The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation with infocomm media. To do this, IMDA will develop a dynamic digital economy and a cohesive digital society, driven by an exceptional infocomm media (ICM) ecosystem – by developing talent, strengthening business capabilities, and enhancing Singapore's ICM infrastructure. IMDA also regulates the telecommunications and media sectors to safeguard consumer interests while fostering a pro-business environment, and enhances Singapore’s data protection regime through the Personal Data Protection Commission. For more information, visit www.imda.gov.sg . About SPRING Singapore SPRING Singapore is an agency under the Ministry of Trade and Industry responsible for helping Singapore enterprises grow and building trust in Singapore products and services. As the enterprise development agency, SPRING works with partners to help enterprises in financing, capability and management development, technology and innovation, and access to markets. As the national standards and accreditation body, SPRING develops and promotes an internationally-recognised standards and quality assurance infrastructure. SPRING also oversees the safety of general consumer goods in Singapore. SPRING will merge with IE Singapore to form Enterprise Singapore in Q2 2018. Enterprise Singapore will enable the growth of Singapore companies through an integrated support network to build business capabilities and access overseas markets. For more details, visit www.spring.gov.sg. About the Singapore Tourism Board The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore’s key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions. For more information, visit www.stb.gov.sg. About Workforce Singapore Workforce Singapore promotes the development, competitiveness, inclusiveness, and employability of all levels of the workforce. Its key mission is to enable Singaporeans to meet their career aspirations, take on quality jobs at different stages of life, and help enterprises be competitive and manpower-lean. Workforce Singapore’s focus is on strengthening the Singaporean core and ensuring that Singaporeans are able to have better jobs and careers. Workforce Singapore, in partnership with key stakeholders, also provides support to business owners
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