Overcoming the Toy Industry’s Particular Barriers in Penang, Malaysia

How Do Toys Industry Encounter Specific Problems?

The toy businesses in Penang, Malaysia, are facing several problems like off-season sales, surplus inventory, and taxes on imported fabrics which are uniquely affecting the retailers. They also have an extra layer of pressure on them to innovate with technology and to use the resource that is less found in other sectors.

Toy enterprises endure additional challenges compounded by the prevalent economic volatility and supply chain disruptions across industries. The firms in Penang Malaysia have to devise effective strategies to survive the multifaceted challenges and to stay viable in the fierce competition.

Why Is POS System Essential in the Context of Resolving These Problems?

A point-of-sale (POS) system can change the trajectory of toy retailers in handling these problems. It brings in automation for managing the inventory and eliminating human errors. In fact, the accessibility of real-time data enhances decision-making which leads to prompt market reactions.

Moreover, POS systems provide a way for the toy retailers in Penang to merge their physical stores with e-commerce stores, thus, expanding sales channels. The flexibility of these systems also serves the unique demands of the toy sector.

What Are the Steps for Implementing a POS System Effectively?

For the successful implementation of POS, the retailers in Penang Malaysia need to first evaluate their peculiar business requirements. Given that demands are different, and that needs must be prioritized., thus, customization is essential. Training the staff helps them learn how to operate the system, thus enhancing productivity and eliminating possible errors.

What Makes Multiable’s aiM18 POS System Different?

Chain Store Management: Centralizes all branches with automation processes.

Promotion Management: Generates more sales by focusing on the right customers at the right time.

Coupon Management: Fosters customer retention.

Automatic Logistics Service Provider Selection by A.I.: Increases distribution efficiency.

* Real-time Integration: Ties together the inventory and sales processes, supporting precision.

How Does Multiable Enterprise Resource Planning Improve Integration Effectiveness?

Multiable ERP affects the operations of the toy firms a lot by connecting them real-time to major platforms such as Shopify and Amazon. It has been designated ASR+ with software vendors by IRAS; hence, it is compliant and dependable. The retailers in Penang Malaysia proceed to benefit from the manage both online and offline processes.

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.