The toy market in Penang, which is in Malaysia, is facing different hurdles than other industries. The situation is exactly the same with retailers who are trying to find the best coping methods in these hard times. Taking advantage of electronic POS systems could help find the best answers to the questions.

What are the Toys Industry Problems in Penang?

Demand and product lifecycles in the Penang toy industry are the two most important factors that impact this sector. The toys have a short popularity period, and the buyers also can’t predict the power of the seasonal changes properly. A short supply of stock essentially and promotional/marketing strategies that are switched need to be seen. Furthermore, toys have higher safety standards than any other products, which means that toy retailers might need to deal with additional compliance duties like others.

Besides that, toy retailers similarly come across universal problems like supply chain problems and technology-based changes in consumer preferences. Companies in retail are obligated to show flexibility and adjustability to both exist and make prosper in the dynamic environment of retail. 

What Are the Strengths of a POS System?

An efficient POS system like Multiable’s aiM18, has sustained numerous benefits thanks to the support given to operations automation. By using real-time data, the merchants can adjust their stock levels more accurately and optimize their product list in a timely manner. The dramatic decline in the overstock and understock problems with this technology-infused retail behemoth is due to the cost-cutting function of operational efficiency. Yet again, a system also gives a chance for the customer to be a part of the sales process by developing promotion campaigns with the loyalty program…. Indeed, other retail channels can bring the synergy of their offline and online platforms that benefit both of them, manage the single retail experience distributed at the two stores.

What are the first measures in the right POS installation?

A successful implementation of a POS system necessitates careful drawing of a plan. It is vital for enterprises to articulate their vision and mission well, and ensure ounto integration with present systems. Appropriate employee training carries an important weight since it is a direct factor in the performance of POS. So it is also a way to get the highest profit, efficiency, and customer satisfaction which are the best outcomes.

Why are Multiable POS features for retail users a must?

• Chain Store Management: Operating as a single restaurant across branches not only makes the restaurant chain similar in every chain but it also solves operational chaos and increases customer satisfaction by aligning them.

• Promotion Management: Creates advertising to attract more customers which results in increased sales and loyalty to the brand.

• Real-time Integration: Merges e-commerce, ERP, and POS in a web-like arrangement therefore the firm gets the visibility of all the activities.

• Stored Value Facility: The redemption of discount cards loaded with cash is the main practice to pull customers back to the store.

• Automatic Logistics Service Provider Selection by A.I.: Enhances the delivery by choosing the best service with the help of A.I.

How Does Multiable ERP Add to the Success of Retailers in e-Commerce?

As you would expect, leg up the retailers of Penang, Malaysia Multitable ERP connected to all big names like Shopify, Amazon, Lazada, and Shopee. The app is IRAS-approved software vendor that improves operational efficiency and increases market presence.

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.