KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.
In the fast-paced world of business, stockouts can be costly, leading to missed sales and lost opportunities. Fluctuating seasonal demands and inaccurate forecasting are common challenges that lead to understocking, impacting both performance and customer satisfaction. A study by Harvard Business Review found that retailers lose nearly half of intended purchases when customers encounter out-of-stock situations. To address this pain point, Ninja Van , known for its last-mile delivery services, has launched Ninja Restock , a business-to-business (B2B) restocking service aimed at solving stock shortages. Ninja Restock serves as a "personal supply chain assistant" for businesses, ensuring shelves are always stocked and operations run smoothly. Clarence Fernandez, head of B2B express at Ninja Van Malaysia, highlighted that the logistics market has been largely manual-driven. Ninja Van is working to digitize these processes , offering paperless solutions like a customer dashboar...