ERP

What Retail Innovations are AI and ERP Bringing to Selangor’s Cosmetics Industry?

The cosmetics industry in Selangor, Klang, and Kuala Lumpur, Malaysia presents those particular challenges that need peculiar solutions. In spite of the obstacles, there is a variety of technological advancements and strategies available for the business enterprises to flourish and expand in this thriving market.

Cosmetics Industry: What Challenges Are Exclusive To?

As a result of the quickly-transforming trends in beauty, cosmetics firms are under constant pressure to come up with new products. In contrast to other industries, the requirement of strict regulatory compliance and the constant change in customer needs are the main reasons for this complexity. In addition to that, retail channels have to deal with the knocked-down supply chain which causes a shortage of products, thus adding logistical problems to the equation.

Undoubtedly, competition in the beautification market is very keen. Moreover, the cosmetics sector has its share of problems such as digital transformation to take care of and maintaining customer engagement. Retailers in Selangor, Klang, and Kuala Lumpur, Malaysia need to respond to e-commerce demand quickly and at the same time keep a strong retail presence.

How Can a POS System Tackle These Issues?

Usage of a POS system is mandatory for a successful approach toward these challenges. It streamlines inventory management and assists in ensuring continuous product availability. Reducing costs is one of the outcomes of retailers streamlining operations. And, on top of that, it provides significant information regarding the customers which leads to better customer engagement for firms.

The system works in both offline and online channels without any problem, thus ensuring integration. Retailers can utilize the automated reporting and analytics tools to boost their decision-making and improve operational flexibility. Effectively, with a complete point-of-sales solution in place, businesses are able to overcome difficulties and meet the set objectives in the long run.

Guideline for Thriving POS Setup

Choice of a good POS is one of the essential components for a successful implementation, and it is a question of strategic steps in the development of POS.
Before anything else, it is key that the system is compatible with the current infrastructure, retailers should focus on user training for maximum benefits. Besides, a choice of a scalable solution is very important to accommodate future growth and the fluctuations of the business environment.

Why Choose Multiable’s aiM18 POS System?

  • Chain Store Management: Centralized control adds to the ease of operations owing to the fact that multiple locations are streamlined.
  • Real-Time Integration: Instantaneous data sync among e-commerce, ERP, and POS enhances insights and effectiveness.
  • Automatic Logistics: AI-infused logistics for product delivery optimization, thus, improving customer satisfaction.
  • Price Robot: A pricing strategy automating tool for keeping retailers competitive in a volatile market.
  • Member Self-service Portal: A portal that allows customers to personalize services and thus engage the customer which is more than important.

Acknowledging Multiable ERP Progress

Multiable ERP tips are compatible with a plethora of platforms such as Shopify and Amazon, which is a digital transformation support for the retailers. IRAS’s recognition of the software as an ASR+ vendor is an assurance of the reliability and conformity which is essential in the competitive context of retail in Selangor, Klang, and Kuala Lumpur Malaysia.


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.

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