The furniture production field in Hong Kong is among the most colorful but is faced with numerous unique challenges. The sector remains trendy starting from changing consumer preferences and meeting strict regulatory mandates. Nevertheless, alongside these uncertainties, there is the potential of change through the implementation of cutting-edge HR measures such as HCM systems.
What Are the Problems Facing the Furniture Industry?
On the other hand, the furniture industry in Hong Kong has its own challenges, such as the fluctuating sourcing costs, the rapid changing of design trends, and the complicated shipping logistics. Just as workplace optimization and compliance are the main concerns of the furniture industry, so are they for the other industries. Besides the problems mentioned above, firms are to find the right ways to solve the issues.
In addition, the need to handle the different workforce requirements is a challenge for the furniture businesses in Hong Kong. In actual fact, achieving the balance between demand and the design of new products as well as technology integration is still an issue. Actually, it brings about the need for the adaptive solutions to be found early.
How Come HCM Is the Key to Overcoming the Problems of the Industry?
Through the utilization of HCM systems, the firms can find a real way to the solutions. The applications will help with the management of the workforce and they will make sure HR leading the compliance, the two things which are at the core of the furniture sector. These platforms grant the firms flexible payroll programs that can minimize human intervention.
From now on, the smart roster will help you to manage the workers the best way and thus it can lead to employee satisfaction and production levels. HCM systems also serve to conduct performance evaluations through which they can increase the levels of employee engagement, which is today one of the major points to employment market competition in Hong Kong.
How Can the Companies Make HCM A Success?
In order to have the HCM program implemented, the firms have to carefully set the plan agenda that connects technology and the organization’s goals. The strategic training and the involvement of all stakeholders can ensure the adequate integration which goes without saying is the prerequisite of a successful integration. Of course, regular reviews and updates ensure that the system stays relevant to both the changing firm needs and the dynamics of the market.
Why Multiable’s aiM18 HCM System Is Your Best Bet?
- Workflow engine with rules: Automates process and brings uniformity to application.
- Fully customizable: Adapts HRMS software to organizational requirements.– Unlimited appraisal forms: Dynamic performance appraisal process is supported.
- ISO:27001 certified: Offers substantial protection for personal and payroll data.– Rostering with intelligence: Workforce management gets easy and compliance is achieved.
Compliance Is a Breeze with MPF Support
AiM18 HCM integrates MPF which allows your Hong Kong firm to navigate through compliance MPF contributions with efficiency. The software which is compatible with IRD compliant documents facilitates both payroll and long service payment calculations easily.
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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