Despite the individual problems and shared difficulties faced by Hong Kong’s textile industry, the need to embrace modern solutions has become even more crucial than ever. An AI-based Human Capital Management (HCM) software has advantageously popped up as an innovative solution, mainly offering almost all the required tools and benefits that could be needed.

What Are the Specific Problems of the Textile Sector?

Among the specific problems faced by the textile industry in Hong Kong are, for example, the ultra-fast fashion cycles that call for immediate changes in production. Also, the workforce of this sector is highly seasonal which makes the whole rostering process complicated. One more point, managing multi-tier supply chains is a continuous issue. But, whether it’s the result of technological improvements or the impact of globalization, some of these obstacles are related to others. As an example, textile cost pressure and fulfilling regulatory compliance are two common pitfalls all businesses face nowadays, including the textile sector.

What Are the Most Crucial HCM Systems in Overcoming These Issues?

A high-performing HCM is the key to optimized operations. While it is true, organizing the rostering in an HCM ensures labor allocation, appropriate program,aiding the seasonal workforce management rather easily. Obviously, an efficient payroll management is the keystone, especially when the right calculation of long service payment is considered. The systems not only provide a unified performance appraisal process to the workers, but are also responsible for the resulting increase in workforce satisfaction and productivity.

HCM systems also serve as a vehicle for optimizing talent management in both industry-specific and general areas. Hundred percent of the time, they really cut down the amount of paperwork that sewing firms need for compliance with the regulations thus reducing the likelihood of wrong decisions.

How to Implement HCM Systems in Right Way?

Successful HCM implementation is only feasible with the right planning and execution. In firms in Hong Kong, promotion of high-quality training, complete stakeholder participation, and system customization according to the needs of the organizations are the key measures. And again, you should be well aware of the software’s features so that you can take full advantage of its HRMS capabilities such as the related configuration alone.

What are the most stunning features of Multiable aiM18 HCM System?
-Rule-based Workflow Engine: Automates processes thus enhancing efficiency.
-Intelligent Roster Planning: Manages seasonal labor effectively.
-Interface for Compliance: Simplifies adherence to labor laws.
-Powerful Payroll Engines: Ensures accurate payroll management.
-Unlimited Appraisal Forms: Enhances tailored performance appraisal.

What Benefits the System Gets with e-MPF Approval?

e-MPF approval from aiM18 HCM gives a solid guarantee that the software system is in line with the Mandatory Provident Fund requirements in Hong Kong. Moreover, it encourages a high-quality user experience with IRD-compliant documents that are necessary to the maintenance of good financial health.

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.