In Penang, Malaysia, the FMCG sector has to deal with a multitude of hurdles, for example, quick turnover, complicated logistics as well as a wide array of consumer choices, all these obstacles are heightened by the economic changes and technological advancements which other industries face as well.

Which Are the Specific Challenges in the FMCG Industry?

FMCG retailers in Penang Malaysia are constantly faced with the challenges of rapid turnover and demand forecasting, in addition to the complexity of logistic networks. Because of the orderly progression in consumer preferences, demand prediction is currently a difficult task, which in turn affects the inventory management system.

Economic volatility is a common issue among all sectors, thus, it is causing unpredictable expenses for raw materials and shipping. However, the case of technological advancements is the one that forces periodical renewals of the systems. Therefore, it creates the difficulty for the firms to operate without blips.

In Which Way a POS System Can Assist to Get Through Those Difficulties?

A point-of-sales system resolves rapid turnover issues through the integration of real-time data, which in turn allows retailers to be quick and follow the market changes. Inventory management system gets the state of being lean, in the form of optimal utilization of space, no stockouts or overstock situations, and productivity is increased as a result of its predictive abilities.

The systems that would allow up-to-date data analytics can thus better the demand forecasting. Well-equipped retailers will then be able to mix their supply with the consumer’s demand. Not to say, when integrated correctly a POS system bridges operational retail point and managerial decision-making.

What Are the Recommendations for a Successful POS Implementation?

Realizing the business needs before choosing a POS is a major step. Acquiring proper training is the pledge of staff qualification, while weighty backup from the vendor makes the downtime a rarity. The project should be shaped in such a way to add flexibility for scaling with the growth of the firm.

Why Pick Multiable aiM18 POS System for Your Retail Needs?

• Chain Store Management: Smooth the operations among several sites.

• Promotion Management: Drives customer engagement and brand loyalty.

• Real-time Integration with Finance System: Facilitates quick financial reporting.

• Automatic LSP Selection by AI: Performs logistics optimization competently.

• Unlimited User-defined Input Interface: Makes the customization of business workflows easy.

How is Multiable ERP with Shared Platforms?

Multiable ERP acts as a real-time connector with platforms like Shopify, Amazon, and Shopee, endorsed by ASR+ vendor IRAS.

This streamlines the processes for Penang Malaysia retailors, making it easier for them to go beyond the traditional foot-traffic-generated sales for online shopping covering warehousing and logistics as well.

What is Multiable POS ?

Multiable POS is a cloud-native POS targeting retail groups with sizable chain stores in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, Multiable POS gains positive feedbacks from public companies and multinationals across different sectiros, from cosmetics, furniture, fashion, healthcare, pharmaceutics, sportswear and toys etc. 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 ERP system in place.