Selangor, Klang, and Kuala Lumpur, Malaysia’s biotech industry is characterized by challenges that are quite different from those faced by other industries. For firms looking to thrive in these areas, it is vital to comprehend the particular barriers and the common issues all types of businesses face.

What Unique and Common Challenges Exist in the Biotech Industry?

The biotech field is faced with technical regulatory details, which require broad-ranging scientific research. Besides the obvious impact of science, hurdles rose from the issue of ensuring intellectual property rights. Unlike other industries, biotech is in operation with a supply chain that is usually disparate from that of the classic settings. Nevertheless, digitalization in biological industries, as well as market competitiveness, necessitate the same level of adjustment as in other sectors.

How Can a POS System Address These Challenges?

A POS system serves to manage data better while increasing the efficiency of the operations. For retail stores, it is a must-have solution for inventory tracking and customer involvement. The analysis of sales data informs the decision on the strategy to be taken. It is of importance that the system is integrated with e-commerce in a seamless manner, hence a strong business ecosystem will be achieved.

What Guidelines Ensure Successful POS Implementation?

The successful execution of POS starts with determining the unique needs of the firm. It is also important to accustom the workers with the system along with their training. It is critical as well that the system is integrated with the current platforms that are smooth and therefore be operational smoothly. So for those reasons, strict planning becomes the anchor of a good transition.

Why is Multiable’s aiM18 POS System Ideal?

• Chain store management: Enhances efficiency and uniformity in retailers at different locations.

• Membership Management: Elevates customer relationship experiences.

• Real-time integration: Ties retail operation with finance and e-commerce seamlessly.

• Automated logistics: Brings about smooth operations and quick deliveries.

• A well-encrypted database: Security of customer data from loss becomes achievable.

How Does Multiable ERP Enhance Market Reach?

Multiable ERP works in tandem with essential e-commerce platforms such as Shopify and Amazon, leading to effective business operations. Being granted ASR+ the status of the software vendor, it is a significant endorsement, providing full coverage of retail and e-commerce for biotech firms.

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.