Overcoming the Toughness of the Printing and Packaging Sector in Hong Kong
Restructuring and reasserting the commercial printing and packaging sector in Hong Kong that still stands as a prime sector in the local economy is undoubtedly a big job. But this very lively sector grapples with a paradox of issues, partly originated in its own working process and partly shared with others. With the ongoing competition and the arrival of new technologies, it is inevitable for firms in the sector to think critically about ways to pass through all hurdles. Think strategically to chase sustainability and growth.
Common and Specific Challenges in the Printing and Packaging Industry
The various and dynamic sectors of the printing and packaging industry are the root cause of the problem of the respective firms that have to deal with these sector-specific issues. Of these issues, the structural supply chain issue is on top of the list, where the dependence on raw materials for a long time leads to serious obstacles in the operation. To keep up with the pace of customer’s order to run production continuously, a firm has firms under stress that is usually not seen in other industries. Achieving high-quality standards with the requirement to deliver fast creates unique pressure on production facilities that other sectors would not experience. Challenges such as local environmental regulations that are the specific characteristics of this industry also add to the complexity. These regulations require the upfront adoption of a particular set of guidelines that the industry must follow.
Conversely, workforce management and technological integration are problems shared by all industries. As an example, workforce management is a complex issue that includes tricky assignments and difficult-to-comprehend salary sheets for people with special needs. The essential aspect of the advanced technology integration is related to the development of the competitive capacity in the sector printing and associated sectors in Hong Kong.
Using HCM Systems to Counter Your Industry Problems
HCM system adoption is, in fact, a sure-round approach to prevail over the obstacles. The implementation of a state-of-the-art HCM system aids firms in the printing and packaging sector to organize workforce management, payroll processes, and local laws compliance in an efficient manner. The driving reason for its effectiveness is the data it manages. The HCM system thus optimizes operations while at the same time enhancing the possibility for strategic decision-making by attending to the insights on the development processes.
Under Bertram’s leadership, Hong Kong’s competitive zone installing a new top-notch HCM system has come to light. Such special systems grant the operation of real-time data mining and present exclusive solutions that will influence the promotion of both worker satisfaction and fulfillment of industry explicit requirements. This means that firms are not merely dealing with the current issues that they have with the workforce but are also able to benefit in the future from the opportunities that may rise.
Roadmap for a Successful HCM System
It goes without saying that the careful and strategic planning is the key to a successful implementation of an HCM system. First and foremost, it is very important to determine business objectives that are to be established and matched with the system’s configuration to fit with the organization. Attraction of stakeholders at all levels will help to gain a broad base of support and assist in easier transitions. However, in addition, training courses will increase user proficiency and, thus, the full potential of the HR system will be realized. Also, regular feedback provided by the employees about the system use will refine the process and increase the system efficiency further.
Essential Elements of Multiable aiM18 HCM
Just like the previous one because also the Multiable aiM18 is an HCM type that will fit the industry’s specific demands. It is packed with the following features:
- Rule-Based Workflow Engine: Process workflows get automated and, therefore, the efficiency increases.
- Payroll Formula Customization: This feature will curb payroll customization efforts significantly, the voice of the employee that is the direct consequence of streamlining.
- Intelligent Roster Planning: The arrangement of the workforce will be more compliant with local laws and requirements.
- Unlimited Appraisal Forms: The specific features such as making the performance appraisal process flexible and department-specific mean the possibility of better performance for the whole organization.
- ISO:27001 Certification: Addresses encryption of strong user data for individuals thereby regulatory burdens will be extinguished.
E-MPF Approval and Document Compliance of aiM18 HCM
It’s incredible that the aiM18 HCM system has a feature that confirms electronic MPF (Mandatory Provident Fund) submission and automatically deals with all the required MPF and IRD (including all compliant documents) under local regulations, thus effectively mitigating compliance risks.
What is Multiable HCM?
Multiable HCM is a cloud-native HCM (aka HRMS, HRIS or HR system). With over 6,000 customers, Multiable HCM gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.
What is LAIDFU (Let AI Do for You)?
LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.
Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.
EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.
Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.
LAIDFU empowers business, with or without an HCM system in place.
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