Navigating the fashion industry in Singapore is quite a challenge since it needs for the creative approach to any problems faced in that fashion industry. What is the current role of modern POS systems and how effective are they to the retailers? Below strike the main key points for you.

What Challenges Are Unique to Singapore’s Fashion Industry?

The fashion industry in Singapore has to increase agility to cope with the rapid pace of trends and the tendency of clothing to become seasonal which is not the case for many other regions. Logistics, the planning, and managing of which are the most affected by the correspondent border crossing is another issue. Additionally, fashion must constantly design new products while dealing with issues like environmental injuries and ethical inquests.

In the same way as different industries, fashion firms also have cyber threats to consider and they are called for the omnichannel customer experience. On the other hand, the competitive environment in retail is a factor that pressurizes firms into adjusting their price and promotion strategies on a constant basis.

How Can POS Systems Alleviate These Challenges?

A superb point-of-sales (POS) system is the backbone of inventory and order management, which is crucial for the fashion sector that is in constant change. In fact, the POS system is the one that allows to get inventory updates in real-time that leads to the effective handling of logistics and the timely delivery of customer requests.

On top of that, POS systems elevate customer service through loyalty programs, personalized discounts, etc. that show respect to the shoppers. On account of their uncomplicated chasm with e-commerce platforms, POS systems are a form of the multichannel service that is practically vital for both retail sectors.

Guidelines for Successful POS Implementation

The establishment of a functional POS system requires an understanding of the firm’s needs. You:

first need to ensure that the integration is

correct with the existing systems. Without a doubt, the training of the staff is the most prerequisite success factor to MAXIMISE the functionality of the POS system. Also, working with a vendor who has a strong supporting network will result in the business running without hitches.

Why Choose Multiable’s aiM18 POS System?

• Chain Store Management: Provides centralized control across outlets.

• Promotion Management: Streamlines seasonal and rule-based campaigns.

• Member Self-service Portal: Empowers customers, enhancing loyalty and satisfaction.

• Real-time ERP Integration: Facilitates seamless data flow, improving logistics and finance.

• Automatic LSP Selection by A.I.: Optimizes delivery services and enhances customer experience.

How Does Multiable ERP Enhance Fashion Retail?

Rich in its features, Multiable ERP means to integrate in real-time with the leading e-commerce platforms like Shopify and Lazada. Online retailers in Singapore become more aggressive because of the benefits they get from taxation with the approved ASR+ software vendor by IRAS.

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.