The fashion industry of Singapore has really undergone major changes, as it has embraced transformation while it was battling tough challenges that it had never faced before. Together with creativity, fashion businesses have to use their hands and business decisions the right way to deal with the unique difficulties, which is why the application of advanced solutions like HCM systems has become even more essential in this cutthroat industry.

What are the Challenges for the Fashion Industry?

Fashion in Singapore is going through a rough patch because of rapidly changing customer preferences and demand for seasonal items—these problems are not faced by any other country in the world. The industry’s dependence on timely global supply chains naturally exposes it to inventory risks as well. This is a similar problem to what other industries, firms with a shortage of employee skills, and the jury of regulators face and also present to the clothing industry.

In addition, the fashion domain is an epitome of the common challenges it faces including the introduction of high tech tools and increasing efficiency among workers. In the same manner, geopolitical trade issues connect sourcing leading to supply chain breakdowns which in turn affects both the fashion industry and all other firm sectors universally thus leaving any type of firm with similar operational hindrances.

Why is HCM the Solution for Fashion’s Challenges?

With the HCM system’s help, the fashion industry is being strengthened by the managerial and organizational optimization of human resources which adequately deals with the mismatch of skills problem. It improves the recruitment and training process because new employees’ skills match the ones the firm needs. Above all, HCM products automate day-to-day operations which cause the firm to work more efficiently and thereby improve the whole business operation.

When HCM is integrated alongside other software, it makes the process of catching up with the ever-changing market environment straightforward and effortless. The businesses’ analytic machinery then shows the real-time which lets management take the best strategic decisions and that is how the HCM system moves the business activities to the right track. It goes without saying, the robust advantages of HCM add flexibility to all sectors, not just fashion but also others.

How to Implement HCM Successfully?

The successful implementation of HCM is based on very simple goals and objectives, user training alongside the strong support of IT. Housekeeping HCM tools to the organization’s routes of achieving helps with the efficient integration of technology. Along with that, the firm’s feedback channels through which the system keeps optimizing and evolving according to the changing dynamics also stands out as one of the most important features.

What Are the Features of Multiable aiM18 HCM System?

• Rule-based workflow engine: Centralizes operational standardization and efficiency.

• A.I. ready and fully customizable: Acknowledges that some HR requirements differ for different organizations in the fashion sector.

• Powerful payroll engines: Administers extensive and swift payroll calculations with high accuracy.

• Intelligent roster planning: Roster planning processing is more effective to fit the retail fashion demands.

• Unlimited appraisal forms: Allows customizing of the performance appraisal according to criteria in the fashion sector.
  

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.