Thread Rating:
  • 2 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
SIA Engineering Company
09-07-2019, 12:27 PM.
Post: #311
RE: SIA Engineering Company
Thanks guys. Looks like SIE dropped the ball on this industy wide structural change. LLC has changed the landscape that with enough volume they realise they can acquire the skills to do their own MRO which was outsourced to specialists in the past
=========== Signature ===========
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)

Find Reply
09-07-2019, 04:15 PM.
Post: #312
RE: SIA Engineering Company
Without MRO, looks like the aviation service sector is going downhill. Rolls Royce is not producing many high quality research jobs here. Most jobs at their Seletar facility are technician, assembling the engine. Those jobs can be easily replaced by cheaper locations like Thailand. Lockheed martin is helping Thailand to build up their aviation sector.

Find Reply
09-07-2019, 07:54 PM. (This post was last modified: 09-07-2019, 07:55 PM by dreamybear.)
Post: #313
RE: SIA Engineering Company
Yes, indeed.

I worked with the airline MRO sector before, most of the technicians are Malaysian Chinese(I think it may be the same for car workshops). Relatively, there are only a couple of S'poreans who worked in the white collar jobs(e.g. HR, Accts etc).

Even though SG may be a MRO powerhouse, the actual skillsets are not with the SG citizens. It is pretty much the same in other sectors I worked in, where S'poreans are few and far between amongst FTs. It also does not help when S'poreans only desire a managment position for practical reasons(higher pay due to rising cost of living, no need to do technical work, no standby duties => more family time).

SG as a country functions like a high level director / manager with no technical skills in the working world. Purportedly doing management(i.e. ensure everything go smoothly), but in effect, it's just a highly paid co-ordinator job, and easily replaceable in office politics.

SG is all good on the surface(high GDP, 3rd to 1st in 1 generation, world class financial center, etc), but I am not sure whether this economic model is sustainable in the long run.
=========== Signature ===========
"LIVE simply, DREAM big, LAUGHT lots.... GIVE thanks with a Grateful Heart."

Find Reply
10-07-2019, 12:18 PM. (This post was last modified: 10-07-2019, 12:18 PM by specuvestor.)
Post: #314
RE: SIA Engineering Company
Actually managers that can co-ordinate, integrate, optimise process flows and human resources, plan and strategise for future challenges and opportunities, law abiding prudent not bribe-prone are not that easily replaceable.

It's a natural progression towards service oriented rather than the previous manufacturing or engineering economy. Like I wrote on the SIA thread, if our focus is on being the 1st A380 roll out and the hardware we have, we are in trouble. It is how we make use of the hardware and deliver service and efficient / effective outcome that will be more important. In this case how can we adapt to the LCC requirement or provide better solutions or turnaround time that will change the cost / analysis metrics of the customers.
=========== Signature ===========
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)

Find Reply
10-07-2019, 12:23 PM.
Post: #315
RE: SIA Engineering Company
dreamybear, thanks for sharing.
I agree with your views. Most S'poreans are lazy, to put it simply. Even presented a chance, most do not want to learn the technical stuff. During lunch breaks, it's often about which job pay best, where got easier method to get pay rise (with least amount of work). Very few people actually interested in Engineering. This explains why there's virtually Zero innovation so far.

S'pore's model is working fine when MNC continue to pump in jobs, cargo ships continue to bunker and tranship, regional countries allow their commodities to be traded here. If China were to disrupt this flow, a vicious cycle will happen. then, we are screwed.

Find Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
Valuebuddies.com | Return to Top | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com | | Share Buy-Back | Disclosure of Interest