Running a successful multinational footwear and apparel company, such as Skechers, presents its own unique set of challenges. From managing vast supply chains that span multiple continents to keeping up with rapidly changing consumer trends, these businesses must operate with precision and agility. One of the lesser-discussed yet incredibly crucial aspects of these operations is human resource management. With a workforce spread across different countries and cultures, having an effective HR system becomes not just beneficial, but essential for the smooth functioning of the business. In this blog, we’ll delve into the HR challenges faced by multinational footwear and apparel companies, the need for an HR system, and the benefits it brings.

The Complex World of Multinational Footwear and Apparel Companies

The global footwear and apparel market is highly competitive. Companies, such as Skechers, in this sector have to navigate a complex web of business operations that include design, manufacturing, marketing, and sales. Having manufacturing units in different countries can help in cost management and market penetration, but it also introduces complications in terms of labor laws, cultural differences, and time zones. Each of these factors adds another layer of complexity to human resource operations.

Production schedules need to be meticulously planned, inventory must be managed in real-time, marketing practices must be localized, and customer preferences need to be anticipated. Coordinating all these activities requires a robust system where all departments are in sync. This is where business software, particularly a well-designed HR system, comes into play.

HR Challenges in a Multinational Footwear and Apparel Company

1. Compliance with Local Labor Laws

Different countries have different labor laws, and staying compliant with each can become very complicated. Failing to adhere to local regulations can result in legal issues, fines, and damage to the company’s reputation.

2. Talent Acquisition and Retention

Finding skilled labor and retaining employees across various geographical locations is another significant challenge. Factors like cultural differences, time zones, and varying economic conditions make the talent acquisition process arduous.

3. Performance Management

With employees scattered across the globe, monitoring their performance in a consistent and fair manner poses a significant challenge. Performance metrics and feedback mechanisms need to be robust and transparent to ensure productivity and morale.

4. Training and Development

Maintaining a consistent training and development program for employees across different regions can be a logistical nightmare. Different languages, learning styles, and educational backgrounds add to the complexity.

5. Communication

Effective communication is key to the success of any organization. However, in a multinational setup, barriers such as language and time zones can hinder smooth communication.

The Need for an HR System

To tackle these challenges, a multinational footwear and apparel company like Skechers needs an efficient and comprehensive HR system. Here are some compelling reasons why:

1. Centralized Information Management

An HR system offers centralized storage of employee data, which is accessible to authorized personnel from anywhere in the world. This reduces redundancies, mitigates the risk of data loss, and ensures accurate information is always available.

2. Compliance Management

The right business software can automatically update itself according to changes in local labor laws, ensuring that the company remains compliant. This not only helps in avoiding legal pitfalls but also contributes to the establishment of a good employer brand.

3. Talent Acquisition and Onboarding

Modern HR systems using advanced business software come with features like applicant tracking, automated job postings, and digital onboarding. These features make it easier to manage the recruitment process more effectively and ensure a seamless onboarding experience for new hires.

4. Performance Monitoring and Management

The system can track key performance indicators (KPIs) and generate performance reports, making it easier to monitor productivity and provide constructive feedback. Managers can use these insights for periodic reviews and to design performance improvement plans.

5. Training and Development

A sophisticated HR system can offer a range of training modules that can be customized according to local needs yet provide a consistent learning experience. E-learning platforms integrated into the HR system can make ongoing employee development more feasible.

6. Enhanced Communication

Business software solutions designed specifically for HR can also include communication tools like internal messaging, video conferencing, and collaborative platforms to facilitate seamless communication.

Benefits of Implementing HR System

Implementing an HR system offers a multitude of benefits, making it an invaluable asset for multinational footwear and apparel companies, for example Skechers.

1. Improved Efficiency

Automation of routine tasks like payroll, attendance tracking, and benefits administration allows HR personnel to focus on more strategic activities.

2. Better Decision-Making

With access to real-time data and analytics, companies can make well-informed decisions. Predictive analytics offered by advanced business software can help companies anticipate future HR needs and trends.

3. Cost Savings

By minimizing errors and improving operational efficiency, an HR system translates into significant cost savings. Moreover, the automation of compliance management reduces the risk of fines related to non-compliance.

4. Enhanced Employee Experience

With streamlined processes for performance reviews, training, and career development, employees are likely to be more satisfied and engaged. This, in turn, improves retention rates.

5. Global Consistency

An HR system provides a centralized platform where global HR policies can be uniformly implemented, ensuring consistency across all locations.

6. Scalability

As the company expands, the HR system can scale to meet growing needs. Advanced business software solutions allow for the easy addition of new modules and integration with other business systems.

What is Multiable M18 HCM?

Multiable M18 HCM is a Human Capital Management solution that caters to the complex needs of multinational companies. Leveraging advanced business software, Multiable M18 HCM offers a comprehensive suite of features including talent acquisition, payroll management, compliance tracking, and performance monitoring. Its cloud-based platform ensures that data is accessible and secure, providing real-time insights and analytics. With Multiable M18 HCM, multinational footwear and apparel companies can streamline their HR processes, improve operational efficiency, and focus on strategic growth.

In conclusion, for any multinational footwear and apparel company aiming to optimize its human resource management, a sophisticated HR system is not just an option but a necessity. Business software like Multiable M18 HCM can play a pivotal role in ensuring that HR functions are managed effortlessly, allowing the company to thrive in the global marketplace.

With over 30 years of expertise, Multiable stands at the forefront of Asia’s IT sector, offering advanced cloud-native business solutions powered by a dedicated team of 300+ IT experts. We foster digital synergy for more than 6000 enterprise clients through our comprehensive product suite, including Enterprise Resource Planning (ERP), Human Capital Management (HCM), Customer Relationship Management (CRM), Point of Sale (POS), and Robotic Process Automation/Artificial Intelligence (RPA/AI). Our e-commerce solutions unlock new market opportunities and spur business growth. Choose Multiable for streamlined, cost-effective, and innovative solutions to modern business challenges. As pioneers of the NO CODE philosophy, we ensure your operations remain both agile and scalable, adapting effortlessly to the accelerating pace of business and technology. Partner with Multiable for solutions that not only deliver results but redefine success, elevating your business to new heights.