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Overview of Watches Industry
Hong Kong is a leading exporter of watches in the world.
According to the latest available statistics, Hong Kong
was the world's second largest exporter of complete
watches in terms of both value and quantity in 2004.
Most of the process operations in the Watches Industry
are automated and strict Quality Assurance/Quality Control
(QA/QC) procedures are followed.
In fact, the watches manufacturing is not expected
to be an industry which is subject to significant problems
of compliance except:
(Source: Hong Kong Trade Development
Council & Trade and Industry Department)
Challenges for SMEs
Owing to the growing consciousness of environmental
protection and health concern, especially in the EU,
watches industry will suffer from the environmental
pressure if they could not find cost-effective ways
to tackle their environmental problems.
Moreover, due to the growing concern of quality conscious
buyers, more and more companies have acquired the ISO
9000 certification to strengthen their quality management
systems.
However, SME manufacturers face a number of barriers
during the course of looking for self-improvement and
becoming a green and responsible industrialist. The
main barriers for SME in improving their environmental
performance are:
- Ability in adopting the right cleaner production
concepts in production process
- Know-how in eco-product design
- Identifying a cost-effective pollution control technology
- Understanding the local and global legal requirements
in environmental protection
- Proper ways in responding global environmental supply
chain pressures
- Strategic planning for long-term environmental improvement
- Constraints from capital and human resources
Want to know more about
the Key Environmental Issues of Watches Industry?
Go to the section of Key Environmental
Issues.
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