The pharmaceutical industry, with its highly competitive nature, is marked by some iconic firms in Singapore. Although this country is the home to these firms, they are facing some problems that can be sorted utilizing some technological advancements like POS systems. Let’s check out these challenges first then consider the advantages of technology. Innovations are very important because these problems are very complex.

What Are the Distinct Challenges of the Pharmaceutical Industry?

Martin wants to travel to the USA because of the need to follow global and local health standards. Besides, an issue that the industry must address is the emergence of counterfeit drugs besides affecting the financial portion. Not to be forgotten, the supply chain complications are additional problems that come with the problem of preventing drug falsification throughout the supply chain. On the other hand, operational difficulties like logistics and cash flow management besides others have been encountered by all industries including those in the pharmaceutical sector.

How Does a POS System Help the Pharmaceutical Sector?

Indeed, the point of sale (POS) systems are the magic for pharmacies offering their benefits all-round through managing the complicated processes easily. To start with, the application of real-time data in tracking inventory is a means of reducing the risk of impostors. Furthermore, data consistency throughout the supply chain ensures compliance with government requirements since it is a must.

Of course, with the use of targeted promotions to improve customer engagement and the management of members, it is guaranteed that the client retention and satisfaction will be increased. And lastly, the operational cost is reduced by automation, so pharmacies can outdo their competitors. Therefore, being equipped with a well-installed POS system is one of the amazing solutions for the above-mentioned issues.

Recommendations to Ensure Successful POS Implementation

In order to maximize the application of the POS system, firms are advised to invest in thorough training and also ensure the integration is smooth with the current systems. Adjustment that suits the needs of your enterprise gives you the maximum POS effect. A systematic way of doing it will ensure the smooth workflow of the operations.

What Makes Multiable aiM18 POS System the Best Choice?

• Real-time Integration: Syncs retail and eCommerce effortlessly.

• Automated Logistics: Enhances supply chain management.

• Member Self-service Portal: Greatly boosts customer satisfaction.

• Promotion Management: Drives customer engagement.

• Encrypted Database: Boosts security in compliance.

Multiable ERP Integration Capabilities

Multiable ERP has integrations with top e-commerce platforms including Shopify, Amazon, and Lazada in Singapore. The features provided absolutely are retail optimization-geared while the software accreditation as an ASR+ vendor affirms this.

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.