Problems and Opportunities the Puzzle of Retail Furniture in Penang, Malaysia Weaving and Treading

While Penang, Malaysia is better known for its delightful food and UNESCO heritage sites, the region is quickly becoming the center of the furniture industry. Nevertheless, managing the complexity of the furniture market in this area is nothing but a distinctive set of obstacles that firms will face really hard but will also gain a lot of opportunities with it.

Private and Common Problems in the Furniture Retail Sector

During the changing times of retail, furniture sector spaceholders in Penang, Malaysia conflict with troubles that emerge in their sector only. Moving big furniture items is a challenge and creates huge logistical problems. Furniture retailers unlike other merchants have to make sure their products are not only well designed but also transportable without damage. Moreover, the operation of maintaining a good appearance that adheres to green processes introduces additional difficulties.

With the exception of these issues, the problems associated with inventory operations that come with stealing voluminous items further separate furniture from other retail fields. Nevertheless, certain impediments are similar to the general retail problems. The everlasting strain on pricing policy and the clients’ desire for a normal shopping experience mean that these two points are persistent problems in all commercial groups.   

Exploit the Power of POS Systems to Deal with Retail Rigmarole

Point-of-sales (POS) systems, without a doubt, have been very helpful for both furniture retailers and firms in this dynamic place of business. POS system implementation improves inventory management, thus eliminating problems with handling bulky and diverse stock. In fact, a multipurpose POS system will facilitate the management of dynamic prices by retailers, which will allow selling to different consumer groups with such different prices.

Furthermore, advanced POS systems provide customer relationship management (CRM) abilities which are crucial for targeted consumer interaction. The convenience of capturing customer preferences and history drives furniture firms towards selling the made-to-measure products, which are in accordance with the consumers’ propensities. With the public’s demand for both online and offline experiences being at an all-time high, the firms’ POS systems provide the missing link between offline and online retail, allowing the customers and the retailers to interact more and also increasing the firm’s reach.

Simple Guide to a Costless POS Integration

Acquiring the right POS system as your lifeline requires a big-picture strategy. The successful integration of a system is rooted in identifying the specific business needs, confirming that the system selected fits with the business’s operational goals, and is able to serve the long-term retail objectives. Employee training programs should be offered as the first step because these are a must for the successful deployment of the POS. The focus on post-implementation evaluative metrics will provide the ability for the businesses to go through the continuously change and upgrade their POS strategies.

Multiable’s aiM18 POS: Connecting Various Retail Bases

The aiM18 POS system by Multiable is designed with features that respond best to Penang’s furniture industry’s specific problems.

• Price Robot: casuistry to match short prices smoothly

• Real-time integration of product database: automate stock management across alle channels

• Automatic logistics service provider (LSP) selection by A.I.: obviate bottlenecks in the logistics decision-making with smart transportation.

• Chain store management: Manage and control varieties of outlets from the same software effortlessly

• Encrypted membership database: Safeguard customer-related data and OFFER additional customized services.

Improving Retail Linkage with Multiable ERP*

Toward the further retail breakthrough in Penang, Malaysia, Multiable ERP connects real-time ecommerce integration with well-known platforms such as Shopify, Amazon, eBay, etc. here, the businesses profit in an environment where offline retail and e-commerce presence are not only possible but are, , effortlessly linked and maintained.

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.