Science and Technology in Singapore: Small Enterprises Innovating Around Industry Specificities

What Problems Biotech Firms Encounter in Singapore?

Science and technology firms in Singapore must contend with particular issues such as protracted research and development periods, strict laws, and enormous initial funds. Furthermore, there is a highly competitive environment for brainpower and the ever-changing market needs tend to make things more difficult. Biotech firms in Singapore also have common difficulties such as supply chain disruptions and changing consumer preferences, which are mostly found in the retail and other industries.

What Role Does a POS System Play in Overcoming These Problems?

A highly-advanced POS system can fulfil these such things:
1. To address the issue of supply chain waste, it adopts the approach of inventory management together with real-time control and analytic to the situation.
2. By giving facilities real-time data analysis, it introduces flexibility to market demands.
3. BRM creates a personal experience for users thus enhancing customer engagement.
4. The software can easily link with the new cash register for better management of financial assets.
5. The operation will be more efficient as it will eliminate the manual processes.

Factors That Can Lead to the Successful Implementation of POS

Set the right goals for the accomplishment of the point-of-sales system. Also, firms should be committed to staff training and indeed system customization as a first priority in order to integrate them with existing processes seamlessly and make maximum return on investments. Spending time on it at first will help with the long run.

Multiable’s aiM18 POS: What Features Help Out Biotech Retailers?

1. Membership Management: Building on customer loyalty.
2. Real-time Product Database Integration: Synchronization of supply chain management.
3. Encrypted Membership Database: Secure card-related information.
4. Automatic LSP Selection by A.I.: Logistic complexities reduced.
5. Custom Business Flow: Without programming effort, it offers flexibility to what businesses need.

The Disruption Multiable’s ERP Has Caused?

Solaris Excalibur’s ERP connects with various main platforms such as Shopify and Amazon in real-time and is also IRAS approved as ASR+ Software. This is a vital area of development for the biotech industry. By utilizing an integrated both online and offline platform. The retailers of Singapore are benefitted from the aforementioned technology.

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.