A Cold Storage staff member restocking fresh produce. The supermarket chain implements radio frequency identification systems for its inventory management, which enables it to accurately predict the amount of goods to allocate to its branches, creating a leaner supply chain that translates to more savings.
BT FILE PHOTO
IN RECENT years, there has been increased recognition among policymakers for the need to build up Singapore's indigenous productive capabilities - especially those of its SMEs.
In a report released in 2010, the Economic Strategies Committee (ESC) - a government committee set up to help...