Automated tools management system

Description

Centralized tool storage, dispensing & inventory management (IM) system with 2 key components:

1) Smart IM software: Monitors tool inventory, stock level & consumption rate; and With customizable option to link to ERP or supplier online automated ordering process; and; Controls the issuing of tools per user’s security access level

2) Tool dispensing hardware Hardware can be in the form of a drawer or coil vending system.

Grant support: 80% of cost of equipment, up to $22,400 grant

Details of Solution

N.A.

Eligibility Criteria

Applicants must meet the following eligibility criteria at the point of application:

a) must be registered in Singapore
b) purchase/lease of the IT solution or equipment must be used in Singapore
c) must not have:

• Made any payment to a supplier, vendor or third party in relation to the purchase/lease of the IT solution or equipment
• Signed any contract with a supplier, vendor or third party in relation to the purchase/lease of the IT solution or equipment

Please refer to ‘Things to Note’ for additional requirements.

Mode of Payment

Direct Purchase

Support Level

80% for SMEs
N.A. for non-SMEs

Things to Note

Unit is expandable, customizable to hold different types of tools, and fully secured.

Support only hardware and software.

Additional criteria:

• Minimum 30% ordinary shares (ultimate individual ownership) held directly/indirectly by Singaporean/PR
• The purchase of pre-owned/used equipment is not supportable.

Contact Information

N.A.

Interested companies can get a quotation from your selected vendor, before applying for the PSG through the Business Grant Portal (BGP).