As an exceptional market, Hong Kong’s furniture industry has always been difficult with the current unique challenges it encounters. Retailers have to deal with many while approaching the periods of growth. The following is the way they can overcome the obstacles with a powerful point-of-sales system.

What Problems Does the Furniture Industry in Hong Kong Suffer From?

Apart from the limited showroom space and high rental costs, the need for tactile customer experiences, and the complexity of logistics, the furniture industry in Hong Kong is being challenged. These problems come along with some of the generic issues like supply chain disruptions and competitive pricing.

Hence, being retailers who are on the front line of the battle against these issues in Hong Kong, they are always looking for solutions. Actually, the requirement of speedy inventory management and the satisfaction of each customer is very essential. Therefore, the firms in the furniture sector are under pressure to rethink their strategies.

What is the Role of a POS System in Overcoming These Challenges?

A POS system is what comes to mind, of course. Through AI-powered inventory management systems, retailers can Overstock Minimizer Turnstock Overstock Out of Logistics. The customer relationship modules in the POS system ensure a smooth shopping experience in the store where the number of interactions has increased.

The point-of-sales system allows small retailers to benefit from the data-driven insights, which, in turn, will help them be more effective in managing the promotions and customer expectations. The businesses become more efficient by linking all retail and online channels. The online and physical retail ecosystems in-between these serve as an increased output and cost savings.

Ways to Successfully Implement a POS System Plan

Along with the cross-compatibility of POS systems with retail and e-commerce, adding a POS system requires careful implementation plans. A professional training program is the key to unlocking the software’s full potential. A central interface that is user-friendly and consistent is the best for the firm.

Why Is Multiable’s aiM18 POS Revolutionary?

• • Real-time Integration: Data syncs instantly between e-Commerce and POS.

• • Automatic Logistics Service: Selects the best-transit provider.

• • Encrypted Membership Database: Protects customers’ data.

• • Promotion Management: Customizes the campaigns positively for their customers.

• Member Self-Service Portal: Increases customer willingness to take part.

Support from aiM18 Increases the Business Flexibility Space

AiM18 POS gives real-time connections to Shopify, Amazon, as well as others. Along with multiple payment solutions like WeChat Pay and Alipay, retailers also expand their reach to the market.

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.