Singapore’s electronic industry has to grapple with several challenges requiring innovative solutions. Nevertheless, mostly, the demand for efficient systems which help manage retail complexities as well as the need to embrace advanced Retail Technologies are the ideas that firms are on the lookout to be at the forefront in their competition and growth.

What Distinct Challenges does the Electronics Sector Present?

Are there any ways the electronics industry can address the daily complexities of electronics? One of the distinctive ones is managing the very fast technological changes. On top of that, dealing with huge inventories and making sure of data security are other issues specific to the industry. Also, regulatory compliance is a matter of primary importance.

Why Is POS Central to Solving the Industry Issues?

What is the magical transformation of retail that comes from the POS system?: Retailers get these problems solved by the use of a point-of-sales (POS) system. Not only it provides the facility to cut operational costs but also it increases inventory accuracy and protects data which makes it the most important tool in a store. Additionally, POS systems make transactions faster and easier so that customers enjoy the experience more.

What add to the advantages of POS beyond inventory management?: In fact, the installation of POS as a marketing medium extends benefits. It assists in marketing campaigns and enhances customer relations through loyalty card schemes. Also, it is utilized as a base for e-commerce and that is how it contributes to the digital evolution.

What Are the Steps to Execute a Successful POS System?

Concerning the Singapore organizations that are on the mission for effective implementer’s POS systems, it is proposed to indulge at the start stakeholders in this implementation and collaborate seamlessly across platforms. I don’t have to say that the main focus should be on easy-to-use interfaces and thorough training sessions are critical for the system’s productivity and the employee’s adaptation.

What are the Unique Features of Multiable’s aiM18?

How does Multiable’s aiM18 POS system mitigate electronic industry challenges?:

• Chain Store Management: Improving the organization and providing the same service in all the stores

• Membership Management: Increase customer loyalty and get closer to personalization of marketing.

• Promotion Management: Persuade to buy more with focused and seasonal campaigns.

• Real-time product integration: Provides smooth processing for online and offline platforms.

• Stored value facility: Eases the transaction and thus customer satisfaction.

What is the Unique Feature of Multiable’s ERP?

Multiable ERP is a strong, exclusive integration with popular e-commerce platforms like Shopify, Amazon, and Lazada which ensure comprehensive business operation management. In addition, being a software vendor certifiably approved by IRAS as ASR+ is a further indication of its trustworthiness among Singapore retailers.

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.