Overcoming Obstacles in Pharmaceutical Industry

What Are the Particular Challenges Experienced by Pharmaceutical Sector?
Pharmaceutical firms operating in Selangor, Klang, and Kuala Lumpur Malaysia are subjected to strict rules set out by regulatory bodies which are not found in other industries. The need for precise management of the supply chain, which guarantees drug efficacy and safety, stands out as one of the most acute issues. Furthermore, the industry also faces the problem of increased research and development expenses successfully.

Ensuring data security is another common challenge encountered across different industries. Therefore, managing customer expectations along with pharmaceutical firms is the challenge shared with retailers. The rise of the digital marketplace necessitates rapid adjustments in both sectors to remain competitive and relevant.

Why POS Is Ideal for the Pharmaceutical Sector?
In fact, the POS system can be the right solution to these problems. Pharmaceutical retailers, for instance, keep accuracy and reduce wastage with the help of real-time inventory monitoring. POS systems provide compliance with laws since they can ensure all the transactions generated and records maintained are properly laid and retrievable.

The connection possibilities of POS systems help to create a comfortable customer experience, thus improves satisfaction levels. In other words, a POS system not only reduces waste but also concentrations business on the productivity aspect that the whole retail chain experiences. Naturally, the successful POS implementations lead to better financial management.

Recommendations for Successful POS Implementation
First, ensure that the POS system meets all unique business requirements to the fullest utility. Regular training sessions for staff are crucial to the maximum potential to the point-of-sales system. Pay special attention to security features to protect the sensitive information of customers, and the firm itself.

How Can Multiable’s POS Solve These Problems?

• Chain Store Management: Simplifies regulatory compliance across multiple locations.

• Stored Value Facility: Facilitates ease of transactions, enhancing customer loyalty.

• Real-time Integration: Provides accurate finance and inventory data, boosting operational efficiency.

• Automatic LSP Selection by A.I.: Optimizes supply chain logistics.

• Unlimited User-defined Tables: Customizes the system to meet unique business requirements.

Multiable ERP Compatibility Benefits
Thanks to the ERP system, Multiable works hand in hand with leading platforms like Shopify and Lazada. So the extent of integration results in an overall perfect retailer experience which is a necessity for the pharmaceutical industry in today’s market.

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.