The FMCG industry in Singapore is facing a mix of challenges that both disrupt its operations and are common to the industry. These range from the intricacies of supply chains to the digitization of hurdles that need to be overcome with creativity.

What Singular Hurdles Are FMCG Firms Faced With & Why?

The core challenges of supply chain intricacies and changing consumer preferences introduce uniquely the challenges faced by FMCG firms in Singapore. Unlike the remaining sectors, the sudden changes in consumer demand and the real-time advanced inventory system is the only retailer’s path to profitability and growing. Moreover, the integration of various sales channels is must for the smooth functioning of theirs’ retail.

On the contrary, as the majority of business sectors do, the FMCG firms also carry the burden of the digital revolution and the dilemma of the workforce. The rapid development of e-commerce on a global scale has made it essential for the merchants to be in touch with technical innovations by making their point-of-sales infrastructure aligned with their customers’ needs as well as making sure that their workers get the appropriate training to enhance the efficiency of operational processes.

What are the Benefits of POS Systems for FMCGs?

POS systems act as instrumental means in alleviating the complexities FMCG firms face. These systems automate the tracking process, provide real-time data, and integrate different sales channels, ultimately resulting in the increase of operational efficiency throughout the firm. Furthermore, the systems are tailored to the individual customer experience which is the essential feature for customer loyalty.
Actually, through the use of a POS system, the workforce problems are being tackled. Not just only sales, but also these systems help in the betterment of employee management, the streamlining of training processes, and the engagement to a great extent. Of course, a well-installed point-of-sales network is the number one source of profit and is the driving force behind growth.

Tips for a Successful POS System Deployment

Starting the PSD process needs smart planning. Retailers should make sure operating well with the systems they have to avoid any problems. Staff training has a very big role to play and it is central to the success of the program. Besides, examining the scalability is a good way of making sure the goals of the organization are long-term and they always align with the changes that take place in the customer’s needs.

How Does Multiable POS Address FMCG Challenges?

• Real-time Integration: Aligns product data across e-commerce, ERP, and POS.

• Stored Value Facility: Enhances customer retention.

• Promotion Management: Simplifies price strategy implementation.

• Chain Store Management: Streamlines operations across multiple outlets.

• Member Self-service Portal: Fortifies consumer engagement through personalization.

How Does Multiable ERP Support a Multitude of Platforms?

Multiable ERP is a product that incorporates the most popular platforms including Shopify, Amazon, eBay, JD, Qoo10, Lazada, Shopee, WooCommerce, Magento, Red Note, and Douyin. This connection helps the FMCG firms in Singapore enable the continued competitive fight in the market worldwide.

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.