Experiencing the luxury retail situation in Penang, Malaysia, comes with numerous challenges, some being particular to the high-end brands and others that are shared by the retail industry as a whole. To solve these issues, the firms have to utilize the gadgets that are specially made for them to fit their needs.

What are the Specifics of the Luxury Industry Challenges?

  In Penang, the case is always different when talking about luxury retailers who have rights to demand transparency and product integrity more than other sectors of the retail market. In the cases of high-end brands, which deal with rapid changes of consumer standing, depending on the will of consumers, things become more complicated. Moreover, the low number of customers demands some extraordinary ways to be adopted.

Even though they are uniquely affected, they do share with other sectors some key aspects: the necessity of keeping up high operational effectiveness and the desire to further develop the level of customer service. On the top of the list is the issue of brand image coherence, suitable for every outlet for both physical and digital channels.

Why is Investing in POS Systems Important?

To confront the above-mentioned challenges, an effective and well-developed POS system is a must. Actually, it is a tool that drives operational efficiency by linking sales with customer care divisions. Through the right POS devices, the retailers do not have to worry about the stock easily handling the most desirable products efficiently with the stock being always in the reach of customers.

What is more, these systems provide analytics of user data that help in restructuring advertising coffers to the level that it will increase the satisfaction and loyalty of clients. These systems are not only for e-commerce alone but also provide the best solution in the firm’s experience by bringing the two worlds together with online and offline channels.POS systems, indirectly linking e-commerce with offline sales, provide a brand experience that’s simply the best of both worlds.

How to Make a POS Implementation Overall?

Initiating the smooth implementation of a project necessitates the thorough planning and training of the personnel. The main step that enables a firm to cooperate with the supplier is running a compatibility check with existing software that guarantees a seamless integration. Regular updates and the right support are the examples of what this flexibility requires to the market. A strong vendor, who takes care of after-sales service, is one of the keys that will bear the fruits of long-term success.

What are the Accessible Features of Multiable POS System that Solve Problems?

Chain Store Management: Makes the operation of multiple chains faster and easier.
Membership Management: is specifically on the rise of customer loyalty through the method of personal interaction.
Promotion Management: Targets and manages marketing campaigns, effective, and efficient.
Real-time Product Integration: Eliminates stock mismatches and improves workflow.
Automatic LSP Selection: Through automation, it is possible to ensure smooth logistics and on-time delivery.

Multiable and Multiable go Together Like a Horse and Carriage

Multiable ERP is the integration that jumps on Shopify, Amazon, and the rest. This is the kick-start for the local businesses of Penang Malaysia to align their ventures with the top e-commerce firms on a digital basis across a host of markets.

Charting the Path of Luxury Retail in Penang

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.