The pharmaceutical industry in Selangor, Klang, and Kuala Lumpur, Malaysia, encounters serious troubles. What are the best strategies to deal with both common and individual challenges in business?

Specific to the pharmaceutical sector are the difficult regulations, long R&D durations, and constant need for innovation. Suppliers, difficult to manage with supply chain problems and reduced cost efficiency due to market changes, are additional issues firms have to deal with.

What is the role of ERP systems in tackling these problems?

Enterprise Resource Planning (ERP) software can innovate operations by improving compliance with regulations and fast-tracking R&D activities. AI-utilized ERPs better supply chain robustness through predictive analytics. Additionally, these ERPs automate processes to run operations cost-effectively and educate better decision-making throughout the organization.

What steps should be followed for successful ERP implementation?

Of course, a well-planned eRP system is a must to be successful. It entails aligning the technology with corporate goals, giving the right training, and ensuring data consistency. That involves integration with all stakeholders and results in minimum resistance within the body.

How the Multiable aiM18 ERP can be helpful in the pharmaceutical industry in Malaysia?

• Custom Algorithm: Complies with the forever updating parts of the regulations.

• Mobile Stock Take: Inventory management is done through mobile devices at any location.

• MRP Powered by AI: This gives rise to predictive analytics for better planning.

• Unlimited Warehouses: Provides flexibility in regard to inventory management.

• Role-based Document Management: Ensures higher document security and better management.

What is the significance of e-invoicing support for Malaysian pharma firms?

Shockingly, Multiable aligns with e-invoicing of IRBM by offering the biggest range of free API calls for SaaS subscriptions, unlike other providers. This is the most important building block of increased operational efficiency through smooth and quick financial transactions among pharmaceutical firms located in Selangor, Klang, and Kuala Lumpur in Malaysia.

What is Multiable ERP?

Multiable ERP is a cloud-native ERP widely adopted by business in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, Multiable ERP 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 ERP system in place.