Kitesurfing Supply: Overcoming Unique Challenges of Toy Industry in Johor Bahru, Malaysia

Located in southern Malaysia, Johor Bahru is a bustling city with a bright and vivid toy industry that plays a major part in the economic growth. The toy sector is among the limited few sectors that stand alone in the challenges faced too, as per a report. There are times when the toy market directly observes changes in its demand trends, and thus, Johor manufacturers who haven’t planned well are in a tight fix. As a consequence, the toy industries should carry out a very thorough assessment of their market requirements and explore the most effective countermeasures, such as the logistic and resourcefulness optimization, ERP system implementation, and other means.

Toys Production Issues to Distinct from Other Industries

Unlike the other segments, the creative area of making toys is under test right now. A major setback is the changing consumer choices, which more and more become unmanageable in the digital environment and then run wild. To make it in the toy industry, a firm must let kids choose from products like laptops, and other devices and gadgets, among other things. The said standards are just a small portion of the constantly shifting rules; the environmental ones put the manufacturers in a position of necessity to be fully acquainted with the specific compliance requirements. Additionally, the unbalanced demand likewise poses a problem for the firms’ logistics planning, which leads to the question of the right inventory levels as having it right on high and low seasons respectively.

Furthermore, the toy industry also shares some other problems with other industries, e.g., disruption in the supply chain and high production costs. The pandemic and lockdowns became the trigger for price hikes of basic raw materials for plastic and electronics. This blow to the production budgets was the cause of such affective negative reactions. Besides, there are some logistics problems, such as the sharply affected geopolitics and fluctuating oil prices, which are the reasons behind the uncertainty of the operations in Johor Bahru.

Frequent ERP Systems Expansion in the Toy Sector

Utilization of ERP systems like a panacea is for the public and private firms that tackle the toy industry challenges in Johor Bahru. These integration systems are quite useful because they are the single most important element that a firm needs to survive and grow.
Through the management of the supply chain by ERP systems, a firm not only enhances its output but also promotes the collaboration of the different units of the firm which is the main reason for the increase in productivity.
By the establishment of artificial intelligence in runtime ERP systems, these systems could perform the repetitive tasks of employees, and, thus, it would be possible for the employees to work on the more strategic jobs. The functionalities of ERP in better supply chain management with AI facilitation allow the provision of enough stock in the plant premises with no overproduction. Merely, with the environment, the ERP that is already set up, for toy makers, help to remain abreast of the changing industry norms of quality and standard thus aligning to the precautionary measures very well.

In fact, the growth capacity for ERP systems is the one is not the only way toy makers can take advantage of to adapt in or out of the market, they would be, though it will take time, a sure bet, which will definitely be worth it in the long run.
Additionally, ERP systems boost the supply chain resilience because of their optimized logistics and better inventory management, so the worldwide disruptions do not have that much impact.
ERP Implementation Success Strategy

Wanting to have benefits through the positive changes, the firms must embrace the deployment of a successful ERP system. The firms must initially identify the objectives clearly and connect directly with the overall business strategy. The platform is the main element for the proper integration of the system with the processes and infrastructure that exist. User-friendliness and system changes are paramount for the acceptance of the users and to reduce the interruptions in the system.

• The most innovative choice would be to select an ERP with a flexible customization option that will help you to add a lot of value to the system itself by allowing the businesses in the industry to tailor the functions according to their needs. As ERP platforms evolve, firms need to rethink their long-term commitment to support this continuous cycle of improvement and adaptation.
  AiM18 all-in-one ERP Features Addressing Toy Industry Challenges

The aiM18 ERP facility is a multi-purpose platform that incorporates different functions aimed at resolving the major constraints that the toy industry faces. The Multiable aiM18 ERP incorporates various functions that target the key bottlenecks within the toy industry:

• Custom Business Flow without Programming: Functionality that simplifies the process of adaptation to rapidly changing market dynamics.

• AI Logistics Service Provider Automatically Selects: A logistics application that enhances efficiency in operations and delivery time.

• Unlimited Warehouses: A feature that allows the warehouse management system to be used in many geographic regions to store extra stock for seasonal demand.

• Role-based Document Management System: It reduces compliance with the ever-changing and complex safety regulations.

• Visual Production Capacity Panel: A feature that provides transparency into the production process and thus facilitates demand forecasting and planning.

E-Invoicing Transactions with Multiable ERP

Multiable reserves the right to promote e-invoicing through IRBM and provide the e-invoicing APIs free of charge through the open SaaS framework along with software assurance to customers in Johor Bahru, Malaysia. This contrasts with most Malaysian firms that seek added costs for such services. Apart from quantifying a great cost reduction, the approach through e-invoicing also serves to streamline the invoicing process making it efficient and precise on the other hand.

What is Multiable ERP?

Multiable ERP is a cloud-native ERP widely adopted by business in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, Multiable ERP gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. 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.