Penang, Malaysia, has the biotechnology industry challenges that are both unique and shared that technology can overcome. So, we will learn about how smart systems can industrialize these processes in the field and help run the biotech sector even more efficiently.

What Are the Unique Challenges in Biotech?

Biotech in Penang, Malaysia, suffers from the setbacks of complex regulatory hurdles and long product development cycles. The need to address these unique challenges is quite daunting. Moreover, fierce competition and the necessity of innovation make biotechnological firms more complex than ever, which makes capitalization of the new technologies imperative for them to stay in the market.

Also, biotechnological firms are suffering from the same labor issues as other sectors are facing, which are the lack of qualified personnel and interrupted supply chains. As a result of these issues, firms are looking for ways to improve their processes and make their supply chains more durable by cutting costs, speeding up delivery, and enhancing quality.

How Can POS Systems Benefit the Biotech Sector?

A sophisticated POS system like Multiable’s aiM18 can address most of these challenges. It provides reliable real-time stock management with a view to efficient operations. Also, the point-of-sales system can be seamlessly integrated with e-commerce platforms, thus, promoting online sales of biotech products.

By deployment of a robust POS system, retailers in the biotech field can achieve the optimization of the inventory as well as efficient supply chains. Real-time analytics as a part of the system deliver practical information, which in turn leads to operational simplification, and resource waste decrease as well as to better decision-making in the industry.

Steps for Effective POS Deployment

The foundation of a successful POS system implementation is a well-established aim and a clear vision regarding business necessities. A user-friendly interface alongside the integration with the pre-existing processes will also ensure the smooth run of the project. Furthermore, the operator’s support and employee training are tahat are decisive for the long-term success of it.

How Does the Multiable POS System Distinctly Integrate Operations?

The Multiable aiM18 POS system is obtrusive because of these biotechnology and retail-oriented features:

1. Chain Store Management: Ensures streamlined operations across various locations.
2. Price Robot: Automates the dynamic pricing process, thus being competitive with the rest of the market.
3. Promotion Management: Facilitates the process of promotion for a specific product, thus driving the sales.
4. Real-time Integration: Merges data across different channels to operate effectively.
5. Automated Logistics: AI-powered logistics selection, which boosts delivery’s accuracy and efficiency by the automation of processes.

Integration with Major E-commerce Platforms

Multiable ERP, which operates together with Shopify, Amazon, and others, is the go-to for seamless operation in biotech retailing. This integration will streamline the processes as well as expand the market reach of the firms while securing the supply chain management effectively, thus, adding to the business growth and enhancing the international competitiveness.

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.