Briefing on PACT (Partnerships for Capability Transformation)
Initiative
Fung Mok Wing
Director, PACT
SPRING Singapore
Promote industry development and foreign investment attraction
Promote international trade and internationalisation of
Singapore-based enterprises
Ensure supply of industrial facilities and industrial space
Develop Singapore’s research capabilities.
Promote and develop tourism industry
Promote a competitive and reliable energy industry
Develop and promote Sentosa Island
Regulate anti-competitive activities
Promote enterprise development and quality & standards
Large
Companies
(~1,100)
$100m
Micro-Enterprises
(~123,200)
Small & Medium Enterprises
(~36,300)
$1m
Source: SPRING’s 2011 estimates
Note: Includes manufacturing, services, construction, agriculture and utilities sectors
3
The Enterprise Landscape
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
What is PACT?
Encouraging the big companies to work with the
small for win-win partnerships
Why PACT?
1. Big markets which can propel the growth of SMEs – e.g.Apple
2. A vast pool of IPs and knowhow –e.g.3M
3. Serve as good reference customers for SMEs- e.g.PUB
4. Help ‘nudge’ their suppliers/contractors to upgrade – e.g.Keppel
Who are considered big?
Big (Large) Organisations include MNCs, GLCs, Govt. Agencies,
IHLs, hospitals, Robinsons, etc.
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
Industries and scope covered:
• Manufacturing, electronics, marine & offshore,
cleantech, logistics, food services, retail, bio-medical,
etc
• Supplier development, productivity improvements,
knowledge transfer and product/process innovation
Level of Support:
• Up to 70% funding for supportable project costs
Initiative started in April 2013 by DPM Tharman
A key recommendation under SME Review:
PACT
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
Modes of Collaboration
• Encourage
transfer of
knowledge to
SMEs (e.g.
workshops) to
improve
capabilities/
productivity
• Co-innovation and
test-bed on new or
complementary
areas of
development
• Enable SMEs to
build reference
customers and
track record
• Help MNCs/LEs
upgrade
capabilities of new
and existing SME
partners
• To increase SMEs’
productivity,
quality, customer
service etc.
• Plan, monitor
and implement
PACT projects
Partner
Development
Knowledge
Transfer
PACT
Manager Co-Innovation
Introduction to PACT
PACT
1) Partner Development
Manufacturing
Implement Kaizen with 11 key suppliers
Improve productivity and reduce cost
1) Partner Development
Retail
Bugis Street Development • 800 retailers
• From pen & paper to POS
• Cashless payment
• Better manage inventory
• Customer loyalty program
Improve efficiency and generate more sales
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
How Profs can help in Partner Development?
Large Organisation
(Hospitals, Retail,
Manufacturing)
Customers Suppliers,
Sub-
contractors
Profs who are engaged in consultancy projects on
productivity or supply chain optimisation to Large
Organisations can offer to extend project to suppliers/sub-
contractors or to SME customers
Supply Chain
Integration
Supply Chain
Integration
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
2) Knowledge Transfer
• Build SMEs’ capabilities to support the
development of smartphones, mobile wearable
devices in areas such as displays, wireless
charging, software development, etc
Manufacturer of food seasonings • Educate chefs on profit maximisation, menu
planning and increasing efficiencies in kitchen
operations
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
How Profs can help in Knowledge Transfer?
Profs or their contacts (from other universities or MNCs) that
have useful know-how or technologies that they can share
and help uplift the capabilities of our SMEs.
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
3) Co-Innovation SMEs and
LTA on street light brightness monitoring • Vehicle mounted device to measure luminosity
of street lamps
NEA to develop smoke exhaust detector
for vehicles • Detect smoky vehicles and capture license
plate without stopping
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
3) Co-Innovation
SMEs and
Hospitals develop medical devices
• Develop new medical products to meet the
needs of hospitals
HDB to develop lift surveillance system • Utilizing video analytics to monitor for
inappropriate behaviour in lifts
PUB on waste water treatment
solutions • Looking into innovative solutions for
waste water treatment
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
How Profs can help in Co-Innovation?
• Profs working with SMEs on new product development and
have Large Organisations that are keen to testbed the
product
• Profs working with Large Organisations that are keen to
look for product solutions to address their needs
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
4) PACT Manager
PACT
Manager
• A manager from the LE dedicated full-time to
identify, plan and drive PACT projects with
SMEs
Intel, NXP, Keppel, ST Kinetics, TTSH, NUH, NTU, NUS, SP
Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.
We will like to work with you on PACT
Fung Mok Wing
Clarissa Lim
Sarah Loo
Kandan Jayaraj
Thank You
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