SPETA Strategy Roadmap

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1 The terrain is undulating representing market conditions is challenging, but there is bright light ahead. Stay focus, position! PE = Passion and Endurance SPETA Strategy Roadmap Steven Koh, Executive Director SPETA

2 FEC 7 Strategies

3 What is SPETA doing to help members 3 committees DASH GAP BTC 6 Interest Groups with SimTech to drive industrial transformation and collaboration

4 How do we help D Digital Manufacturing & Digital Enterprise A Advance Manufacturing S Smart Manufacturing H Industry 4.0 SPETA role is to assist our Country to drive the 7 strategies and Industry on Transformation

5 PE Industry Transformation Map

6 PE ITM Comprehensive GAP PRODUCTIVITY JOBS and SKILLS INNOVATION I18N 1. Strategy DUE - better assets allocation 2. Business - to less labour intensive 3. Process - RAPID to raise productivity SimTech MPTC TOPS - SimTech ESG PSG, EDG TOM Advisory GAP Committee Retrain your workers on skills future - robotics, automation, DASH Job placement WSG, SSG, E2I, USME, RACE, PCP, P-Max Workpro etc GAP Committee Material Process Product Operations Business Model Enhance technical capabilities OTR : SimTech MPTC TOPS ESG PSG, EDG DASH & BTC Committee POEMS to Facilitate/assist in Internationalization ESG Imap MRA etc BTC Committee P Mission E Mission S & T Mission A Mission

7 SPETA 6 A Approach Awareness Assessment Advisory Actualization/ Anatomization Award ACCM Create awareness through Outreach, information via Social Media, Internet website, Mobile technology Assessment of Gap and Readiness SimTech System Framework, DTI, Smart Industry Readiness Index On strategic and execution plan, priority based on resources. Master or targeted plan Actual Implementation and Post-mortem for enhancement SPETA award for those who has achieved today is the day! In Plan for certification. Invite or auto enrolment to A*Star Collaborative Commerce Market place

8 Productivity Criteria Strategic Operations Technology 4 Recipients Appropriate allocation of Capital Adopt effective Operations Management to maximise Resources (machine, manpower and space) Utilisation Adoption of Digital, Advance, Smart Manufacturing methodology or Industry 4.0 to increase resources efficiency and productivity Micro Mechanic Listed Productive Assets = 70%, Pty = 19% Others 11% HC Productivity = $124 k per head Space Productivity = $430 k per sq ft, same for Oon Wah, PLC, Globaltronic

9 Jobs and Skills Strategic Operations HCM 3 Recipients Adopt strategic skills future to for systematic training of workforce to support the adoption of DASH Convert instead of retrench their workers Re-design Jobs, convert professional to take on new job through training Improve HR processes Feinmetall Re-design jobs ST Kinetic and MMI PCP. Our target is to help at least 200 to convert so they can stay relevant

10 Internationalization Contribution Ratio Operations Productivity /Profitability 2 Recipients Overseas sales contribution must > 50% of total sales and/or positive growth rate. Increasing operations, partnership or alliance outside Singapore as initial expansion. Increase Productivity and profitability of overseas operations Armstrong - > 74% sales from Overseas, all 18 factories in 6 countries. 5 overseas alliance partners Hegen 1500 distributors internationally. Their own designed milk bottles

11 Innovation 5 key areas Product 3 Recipients Material, process, product, operations and business Model New material to enhance functionality, quality and cost competitiveness. New process and operations to enhance productivity and efficiency Develop new product to capture new opportunity PBA/RACE Business Transformed, Team up with Korean to build own cobots, robotics training. As much as we want to give them 3. JCS business transformation from HDD. Fong s Engineering from process to product. Sales up 100% in two years. And projecting 400% in next 5 years.

12 SPETA Logo Attributes Colour of Logo in Red Green T The sparkling T Square box Interpretation Represents that we are a dynamic and energetic Association which will continuously seeking ways to enhance our values to the members T = Transformation, Promote Technology and Green colour represents we promote green environment CSR, promote green technology adoption Represents our commitment to spread Technology Enhancement and Transformation 17 outside 1+7= 8 and inside 48 both are auspicious figures = 65 = Singapore Independent year Square boxes representing the Digitalization we are promoting. Big and small represents MNC, LLE and SME Light and heavy colour represent different competency level.

13 OUR MISSION SPETA S P E T A Promote STANDARDIZATION AND SPECIALIZATION (END Goal Develop Niche) Enhance PRODUCTIVITY AND PROFITABILITY (Sustainability and Competitiveness) Promote continuous EDUCATION AND TRAINING (Skills future) Enhance TECHNOLOGY AND INNOVATIVE (RIE 2020) Promote ALLIANCE, INTEGRATION, GLOBALLY OR INTERNATIONALLY Mission redefined on 17 Nov 2015 as part of our Transformation Plan

14 Our Motto Connect Integrate Advance Motto defined on 17 Nov 2015 as part of our Transformation Plan Connecting members with all stake holders, Integrate Processes and services, and advance together

15 Thank You Very Much