The food and beverage processing sector in Hong Kong forms the bedrock of the local economy and is particularly famous for its innovation and a very progressive and ever-changing environment. However, despite the importance of this line of business, survival is not self-evident as it faces a variety of challenges that are typical in the sector. As the city experiences further changes, being at the forefront of this area and competing effectively require addressing the challenges that are not necessarily found in other business industries.

Unique and Shared Challenges in the Sector

In actuality, the food and beverage sector confronts a series of particular obstacles that are mostly the result of its operating structure. Stringent food safety regulatory regimes and compliance standards are such matters of concern, where the operating firm must keep its standards and ensure the provision of safe food. Besides, the destabilizing of supply chains and the decisive influence on the pricing strategies due to the fluctuation of ingredients costs have a financial impact. In addition, the obligation to use sustainable and environmentally friendly packaging is more urgent than ever, bringing yet another layer of operational complexity.

On the contrary, some of the barriers like technical innovations and labor shortages are shared with the food and beverage sector by various other industries. The automation of production activities which has resulted from the continuous technological change has made many firms run behind the schedule which they have set for the implementation of these advanced systems. Shortages of skilled staff further complicate the situation as more and more sectors including food and beverage processing suffer from the lack of qualified personnel.

The Crucial Role of POS Systems in Addressing Industry Challenges

Without a doubt, POS (Point-of-Sales) systems are the new frontier of technologies that have become prominent in the industry as a whole in the efficiency of their operation. A well-integrated POS system will not only make your business easier to handle with but also the customer experience way better, in addition to giving the solutions to the challenges the industry as a whole faces. Through automating processes like compliance checks and maintaining up-to-date inventories in real-time, POS systems are not only helping the firms to implement the difficult regulatory framework but also to achieve the expected level of costs.

In addition, by automating the mundane tasks, POS systems alleviate the burden on the laborforce which empowers the workers to give their full potential and deal with the priority issues. The labor data generated by the POS systems gives the food and beverage firms the power to make judicious decisions as well; they also optimize the price strategies and even the proper management. The addition of the e-commerce feature into the content of the system will let your RETAILER reach out to more customers and also engage them very easily.

Guidelines for Seamless POS System Implementation

To make a POS system effective, a set of rules must be positioned. The very first thing would be a thorough staff training so that every single team member will be properly acquainted with the system structure, the parameters, and the modes of its operation. Also, the firms should have the flexible systems that are able to meet the rapidly changing demands of the business and which also can be integrated with existing technologies. It is paramount to carry out regular system updates and to put in place appropriate security measures in order to protect sensitive customer and corporate data thus, trust and reliability will be strengthened.

Key Features of the Multiable aiM18 POS System

Multiable’s aiM18 POS system is the one that has the cutting-edge features to deal with the specific industry challenges experiencing the constant upgrade of the system.

• Real-Time Integration: The connection of product and finance systems in real-time through the integration of databases, thereby, reducing compliance effort and inventory management.

• Promotion Management: Cleverly promote products such as discounts and vouchers by the program management of the sales and advertising activities of the firm.

• Automatic Logistics Service Provider Selection by A.I.: Assure the efficiency and cost technology in the shortest possible time.

• Membership Management: Strengthen customer loyalty and support through the membership solutions which also include management of cross-brand/shop VIP.

• Stored Value Facility: The stored value cards are managed securely and easily, thus improving both customer satisfaction and financial operations.

Broadening Opportunities with aiM18’s Extensive Integration Options

Retailers in Hong Kong are making use of the massive integration possibilities the aiM18 POS system provides. It also features the global infrastructure of e-commerce systems compatibility which includes Shopify, Amazon, eBay amongst others thus making it easy for businesses to promote their products and services over the internet and increase sales. The system that accepts various payment methods such as WeChat Pay, Alipay, and others thus ensuring a smooth transaction experience for both local and international customers is a case in point of being versatile to different markets.

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.