Overcoming the Unusual Challenges of the Sportswear Segment in Singapore
The sportswear industry in Singapore is at an unusual juncture, fighting a whole set of challenges that are unlike any other industries. In the wake of the nation becoming a level bar for the wellness and fitness world, sportswear firms are indulged in complex problems that ask for more than the conventional methods of problem-solving. Integrated with collecting the fashion trends that change with the fastest speed, the ecological responsibility also needs to be figured out. Besides, the commitment to maintaining not only an efficient but also a resilient supply chain is a key to overall business excellence. On top of that, these firms have to deal with the fact that the market requires tailored customer experiences, which needs them to be quick in adapting. Regardless of the fact that the market goes through universal crises like money matters and technology, the sportswear industry still shares common battles with other sectors.

Advantages of HCM Solutions in the Sportswear Sector
Sustaining a good Human Capital Management (HCM) system within the sportswear industry is the primary source of it experiencing such spectacular challenges in Singapore. HCM is not exclusively for human capital management, but it is also a firm that can strategically engage with a business to help it grow. For instance, a thorough talent report could, on the one hand, be a function of integration, on the other hand, it could also make it possible for HCM to predict the upcoming fashion. Additionally, the supply chain can be used to efficiently watch and control the different departments—this would mean that the waste has been reduced and the capacity has been increased. Moreover, HCM solutions offer a chance for ecological practices by ensuring resource allocation and management optimization, leading to the reduction in waste and costs. An excellent HCM system is also a tool that not only positively impacts the internal operations of an organization, seeing the gaps and bridging them, but also provides a conducive environment for the promotion of a culture of creativity.

Directions for Successful HCM Implementation

Setting up an HCM system is a strategic move that requires careful planning and execution. First of all, it is necessary to define the clear objectives and goals in order to align the HRMS or HRIS with the business priorities. The timing is crucial, that’s why making sure of the employee involvement and being in the loop at all levels of the organization can transition the procedures smoothly and also improve the user adoption rates. Furthermore, it is pivotal finding the right flexible functionalities to match the specific needs and the potential development of the sportswear sector in Singapore, and therefore choosing the right HRMS software. Obviously enough, training and ongoing support are the major prerequisites to realize all the benefits of an HCM system.
Multiable aiM18 HCM system is the icing on the cake, being the one with the best features showcased and innovative solutions literally meeting challenges. The list of features and their advantages are as follows:

• Rule-based Workflow Engine: Offers high efficiency and seamless operations through the streamlining of processes.

• Intelligent Roster Planning: Less personnel expenses increase profit margins and elevate employee retention.

• ISO:27001 Certification: Trust and confidence are provided with risk-free data operations and security of private employee details.

• Powerful Payroll Engines: Employee’s payroll processing will be done in a concise period making it easier to issue bonuses, CPF, and discharge long service payments.

• Flexible Appraisal Score Mechanism: Boosts the performance appraisal procedures by making them more democratic and encouraging employees.

HCM by Multiable is endorsed and approved by IRAS

In a major accomplishment, the Multiable HCM system has received endorsement from the Inland Revenue Authority of Singapore (IRAS), showcasing the high-performing software adherence standard. This accolade underscores the system’s efficiency in fulfilling the Auto-Inclusion Scheme (AIS) for Employment Income. Such prestige denotes the strength of the system making it trustworthy for the businesses to use.

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.