The Efficiency of HCM Innovations in the Food & Beverage Industry of Hong Kong

Amidst the cultural and economic fast pace of Hong Kong’s food and beverage industry as both a historic-centered and a money maker sector. However, the thriving unit encounters its very own challenges, especially in the field of Human Capital Management (HCM), unlike any other industry.

The Food & Beverage Sector in Hong Kong with Unique Challenges

In Hong Kong, the food and beverage industry contends with specific obstacles that no other sectors might have. The loss of employees is the major problem intertwined with the irregular work hours, which demand a level of flexibility that is not always feasible elsewhere. Further, the adherence to very strict hygiene and food safety rules lends the businesses an even more complicated issue. Moreover, the ever-increasing staff turnover is a continuous pressure, the symptoms of which are the needs for effective rostering systems. Even these little disruptions to the supply could mean a lot to the firm’s financial status, so, in that case, hanging on to the supply chain is really important.

On the other side, a few challenges that they have in common with other sectors like digital advancement and workforce diversity. Leaning on technology to facilitate and demystify the turns in the cycle of production is the utmost importance, building a multi-national staff somewhere near to a social mirror is the second one on the list. Because of these common problems, industry players have started to think of highly specialized HR systems as the only means for staying in the race.

Utilization of HCM Systems to Overcome These Challenges

Changes in HCM systems can handle both the specific problems of the industry and the general ones. HRMS software, is being the most sophisticated of all solutions to be used, covers the necessity of food and beverage operations being moved without any interruptions. Companies that carry out the proper HCM practices will be at rest after they have scheduled the available employees for the busiest times of the day with the right people. Their current staff which has been heavily stressed will be relieved and the quality of services at the restaurants and bars will go up as a result of this move.

In fact, the overly extensive HRIS platform is inclusive of and the main support of the compliance management, offering tools to overhead local laws and rules so that they are better informed by them. This not only lowers down the risks the firm has to deal with but also frees up labor to put more focus on the customers and provide the best service possible. Mechanisms that are used to evaluate staff performances and which are embedded into the technology, help the employees to become more satisfied and remain in the firm longer by the ongoing feedback and discussions. HCM technologies pave the way for businesses dealing with other pressing tasks like growth and innovation by reducing the effects of challenges confronted.

A. S. S. H. + B. B. P.: Patently on the road to successful HCM implementation

The successful implementation of HCM systems relies on a comprehensive and thoughtful rollout plan. A staggered approach provides a platform for frontlining issues at the micro-scale, causing the minimal impact on the day-to-day operations. Staff training that includes everyone will be essential so that all members of the workforce are at ease with the new systems and this in itself will be the keystone to technology acceptance. Besides, getting accompanied with continuous appraisal and feedback facilities, the firms can adapt the project to their changing necessities more effectively.

Key Features That Make aiM18 HCM System Stand Out

• Rule-based Workflow Engine: The smarter procedures, without the need for too much manual intervention, that barely depend on personal abilities and which in their turn, increase effective functional work are the ones to be rule-based.

• AI Roster Planning with a twist of Intelligence (IT): The optimal staff scheduling the demand of which is caused by a high turnover rate and a shortage of staff; caused by a high turnover rate and staff shortage can be achieved with this technology in a more automated manner; hence staffing costs will be reduced overly and the service will improve drastically.

• Payroll with Power: Payroll can be done in a very short period of time after doing complex calculations making long service payments on time.

• Unlimited Counting Dimensions: The staffing levels in a volatile industry that require flexibility can be solved by this approach.

• Trust and Compliance Certification: Because sensitive employee data is effectively protected, the firm is trusted and complies with the rules.

Compliance made easy, MPF and More!

aiM18 HCM is a pioneering partner for compliance management endorsing with e-MPF certificated software, not only helping easily integrate employee provident fund but also generating a variety of IRD-compliant documents ensuring that firms in Hong Kong remain aligned with the regulatory standards through the process.

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.