ERP

How Can AI and ERP Systems Transform Singapore’s Fashion Retail?

Amidst an ever-competitive environment, the fashion sector of Singapore is undergoing unprecedented tests. Enduring trends and customer demands force the retailers to go through the process constantly, but at the same time, the conditions of the industry remain their biggest hurdle for which they seek better tools such as point-of-sales (POS) systems.

What Makes Fashion-Specific Challenges Unique?

Not like other business fields, the fashion market in Singapore includes retailers that face a situation whereby products are subject to seasonal availability and hence the need for quick movement and efficient management of stock is mandatory. The accelerated shift in trends also necessitates the manufacturers to change accordingly. Counterfeiting and brand protection are the distinct challenges that arise from the original cores of the firm pushing for innovation strategies in consumer trust.

It is not uncommon for fashion to deal with some difficulties together with the other branches, although those are the cases. Technology adoption appears to be the main obstacle, while digital transformation continues to be a challenge. Furthermore, with omnichannel retail, the integration should be seamless. Still, it was a problem for most firms that attempted the technologic business model.

How Can A POS System Solve Those Issues?

POS systems are the key electronics have become fact in dealing with retail trade challenges including in the field of fashion. With this function, the real-time sales tracking is done, and thus the retailers find it easy to catch the waves of trends and to take appropriate stock decisions. Hence, the systems are also used to bridge the gap between the online and offline channels, thereby optimizing the omnichannel strategy.

Based on the consolidated information, the creation of a trouble-free consumer experience is now a reality. Retailers are awarded with the chance of improving membership management and targeted promotions which in turn will lead to the strengthening of customer loyalty. To put it differently, this growth in technology is a driving force that reshapes the fashion industry, thus making the operations run more effectively.


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.

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