Lapasar Wholesale Service is a revolutionary product that is meant to help SMEs, such as restaurants and groceries, ease their supply chain process. Lapasar Wholesale relieves the burden and the issue of complications most SMEs encounter while procuring supplies through a procurement system.
Lapasar Wholesale has changed the way businesses purchase their products and is at the forefront of online opportunity within the Malaysian SME market. Its tech-aided platform integrates purely mechanical procedures to decrease documents. With a friendly web and mobile interface, small business owners can monitor their inventory as well as the purchase orders they have placed. The analytics tools employed by Lapasar assist the firms to control their inventory and tackle the problem of either overstoring or understoring inventory. The expansion of this makes Lapasar very necessary in any SME that wants to gain sustainable growth as it expands through the addition of local suppliers besides improving the delivery services. It enables businesses to centralise their procurement with smart technologies whilst they focus on their core business activities.
The concept behind the company’s Corporate Marketplace solution takes procurement automation a step further. Built for big firms, Lapasar incorporates every single procurement, starting with purchase requests, RFQs, purchase control and delivery control enhancing the way organisations do business. It also makes the process almost paperless in all procuring activities, which in turn saves time as well as resources.
With Lapasar’s B2B marketplace, buyers can obtain a comprehensive list of more than 10,000 sellers in various locations all around the nation for the advantage of the corporate and the SMEs. Starting during the early third quarter of 2018, Lapasar initially set its sights on big firms as its clients, including Telekom Malaysia, PETRONAS and Tenaga Nasional Berhad. These companies have a lot of their basic business needs met through this platform, including the sourcing of laptops, projectors, chairs, tables, etc.
In mid-2020, Lapasar stocked up more items and supplied them to the mom-and-pop stores in Malaysia and other countries. These small shops can order fast-moving consumer goods like Milo, Nestle and RedBull using a mobile application. Currently, the wholesalers are the main target market of Lapasar since the platform has proven it is suitability for different types of industries. Founded by Thinesh Kumar as the current Chief Executive Officer, Lapasar’s core goal is to enroll more than 100,000 small stores and restaurants in Malaysia into its system. Lapasar is gradually shifting the tone of the supply chain landscape into a daily order stock order with its simplicity and efficiency throughout the region.
