Shifting to a New Gear for Rapid Growth in Malaysia’s Food and Beverage Processing Sector

The food and beverage processing sector is indeed the central driving force and stands against the challenges in the regions of Selangor, Klang, and Kuala Lumpur. As the global food and beverage processing firms are settling across the Malaysian territory, they have begun to explore the value-added opportunities they are providing and the short-and long-run potential for employees within them. Releasing the potential of these countries, Point-of-Sale (POS) systems can be the first reason of rising revenues for the retailers.

Industry-Specific Struggles of Food and Beverage Processing

There are numerous struggles existing in the food and beverage processing industry with some of them being extraordinarily unique to this industry. For instance, in Selangor, Klang, and Kuala Lumpur areas, raw material prices frequently fluctuate, which causes concerns about profit margin sustainability. Another aspect is that manufacturers abide by strict food safety standards that of course require constant monitoring and adapting. The use of seasonal ingredients adds an additional level of complexity, thus, list management must be particularly reliable in preventing excess of stocks to avoid spoilage. Furthermore, productivity in these businesses is not dissimilar to other sectors, where they have to efficiently coordinate the transport of goods and technology integration, which are instrumental for running operations.

The ever-changing consumer desires present another general issue arising from this premise, which therefore requires adjustment to meet the customer’s expectations.
Fashion retailers must be entrepreneurial, doing this by introducing and promoting innovative products in the market at a speed faster than that of the competition.

POS Systems as a Potential Solution for Industry Predicaments

POS systems or point of sale solutions are a full spectrum that solves a great number of the food and beverage processing industry’s issues. Since they are multi-functional systems, they are the best to be used in addressing such issues in a one-way manner.

To illustrate, POS systems improve workflows by linking retail management with e-commerce applications in a joint, cohesive platform. In fact, these systems can split off any redundant units, thus allowing retailers to manage their inventories with great accuracy, which in turn would result in less wastage and spoilage. Besides, such solutions offer more effective customer engagement through the strong management of memberships and promotion of sales. This not only stimulates sales but also creates loyal customers.

Also, the integration of POS systems can be a great aid in managing the logistics chain, which is especially important for those trading in perishables. Thus, besides automating the inventory and logistics processes, firms are finally dealing with one of the big issues by ensuring timely deliveries and customer satisfaction.  

Advanced POS solutions provide real-time data analytics that enables the firms to make fast decisions on time. The retailers are more effectively incorporating things such as tracking the performance parameters of products, prediction of sales trends, and making plans on altering their stock to drive the profitability finally.

Successful POS Integration Guidelines

For the successful introduction of a POS system, businesses need to respect a number of important rules. The new technology should be corresponded with the goals and processes of the business in order to avoid as little disruption as possible. Retailers should conduct comprehensive trainings for the employees, which would ensure the smooth transition and that the system’s capacity is used in the best way possible.

Frequent updates and checks for maintenance are needed to avoid system glitches and also to provide long-term effectiveness. By cooperating closely with the provider of technology, the firms would be able to make the full use of the system and also to keep the operation fluid.

The Main Advantages of the Multiable the aiM18 POS System

Here are five invaluable features of the Multiable aiM18 POS system that address the challenges faced by the food and beverage processing industry in Selangor, Klang, and Kuala Lumpur Malaysia:

1. Chain Store Management: Proofs to be effective management across different locations, thus ensuring that stores are uniform and interconnected.
2. Promotion Management: Empowers you to have smart and customized promotions, thus, bringing in and keeping important customers.
3. Real-time Integration: Encompasses the merchandising, e-commerce, and financial systems for efficiency in data flow and decision making.
4. Stored Value Facility: Increases cashless payment methods and provides customer maximization convenience and overall customer satisfaction.
5. Automatic Courier Order Tracking: Improves logistic efficiency, which is particularly important for the timely and accurate delivery of perishables.

Unlocking the Power of Multiable ERP in the Retail Sector

Multiable ERP’s connection with leading e-commerce platforms like Shopify, Amazon, and Lazada makes food and beverage firms in Malaysia much easier to handle. The real-time interface of Multiable ERP with these platforms features the option for the retailers to manage the sales more quickly and also to enhance the logistics within the entire ecosystem.

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.