Saturday, August 18, 2012

POS checkout system

A checkout system in POS generally invokes :
  1. Computer hardware
  2. Computer software
  3. Checkout hardware
  4. Checkout software
  5. Miscellaneous store hardware
Due to increase in expense with POS system, the eBay guide had recommended that if annual revenue exceeds the threshold of $700,000, investment in a POS system will be advantageous.

POS systems are manufactured and serviced by Fujitsu, IBM, MICROS Systems, Panasonic, Radiant Systems, Squirrel Systems and Microinvest.

Generally Point of sales systems in restaurant are operated on DOS, Windows or Unix environments. They use a variety of physical layer protocols, though Ethernet is currently the preferred system.

Checkout hardware generally includes a credit card reader, a receipt printer, a cash drawer, a barcode scanner, and a PIN pad with integrated card swipe.

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Thursday, August 16, 2012

Inventory POS system – Save your time and money

Managing your inventory system is one of the most tedious and time consuming part in your business life. POS Inventory software can able to reduce your inventory costs.

 This kind of software can instantly show you which items are not in move. This allows you to cut down on the number of items you have to send to clearance to move them out of the store.

This software helps to show your top sellers. It automatically creates purchase orders based on sales history. This tracks your seasonal items, so that you can able to deduct how much inventory to buy.

Inventory POS software saves your time as well as money. This software shows where you are over-stocked and under-stocked. To get the same snap shot from your manual system, you need to spend hours or days on the project.

This software allows you to squeeze the most profit from your business. But it’s hard to tell how much your profits will increase when you invest in inventory software, but most of the companies see significant benefits.
These are the some of the benefits of inventory POS software, so that you may be wondering how to choose a good point of sale and inventory system.

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Friday, August 10, 2012

Effective POS Gift Registries

Running a specialty niche store contains many businesses advantages. They contains only minimum competition,to buy conversions highly, and smaller inventory count. Niche stores contains less foot traffic, attracting a regular clientele, but shows only small percentage of growth.

How can a retail store capitalize even further on existing customer base?

To solve this problem provide the gift that keeps on giving. In this case of, gift registries.

Gift registries helps to allow customers to log products as their own wish, but that are not purchased immediately. These registries, especially handy for weddings, birthdays, holidays, and other significant events, are passed around to a slew of friends and family members.

The creates an impression effectively on secondary branch of customers who might have no interest in the specialty store’s products. These customers can then become repeat buyers as they become familiar with your existing customer’s wants or needs.

Gift registry systems are sophisticated for POS, that allows customers to browse the store with a scanner and zapping the products that they are interested in. Other system are more simple, just they can add items via a touch screen monitor or even just ask the clerk or salesperson to add them to their customer profile.

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Point of sale - Increases Your Sales Portability

A point of sale system (POS) are portable and can be a great way to improve your business. This allows you to ring up your sales from anywhere, inside your store or on the road. While using inside the store it can dramatically reduce the size of lines and capitalize on store real estate.
The most important things to consider before purchasing a Portable POS is whether your current pos system will work seamlessly with the POS that you get.
For larger retail stores and restaurants, it makes sense to have portable options for your point of sale system. Using wireless handheld devices, networked notebook pcs, and other such devices are handy that allows employees to roam the stores and check inventory and pricing from any location inside the store.
If you think that you are spending too much time running back from POS terminal, you can incorporate wireless modules. The portability will not only save time, but also able to press upon immediately the customer the scope of price and availability. No more running back to shipping and receiving to find out when out of stock items are due to come in.
It also increases the efficiency for personnel in shipping and receiving. A scanner attached to the portable data terminal will allow them to quickly verify tracking numbers or ad delivery status, as well as enter incoming products into the inventory.

Tuesday, June 12, 2012

Key benefits of POS in Retail stores

Retail Point of Sales is defined as the system that records all the financial transactions in stores. This system includes a computer, monitor, cash register systems, touch-screen display, printer, magnetic stripe readers, customer display and a bar code scanner. More and more system monitors use touch-screen technology for ease of use and a computer is built in to the monitor chassis.

 1. Provides a profit:

      • Can use the data on the best selling items
      • Focuses on higher-margin items
2. Saves your valuable time:

      • It reduces your time of work in doing of inventory and paperwork
      • Makes checkout faster

3. Improves productivity:

      • Eliminates duplicate entry of orders
      • Automatically calculate and creates restocking orders
      • Control track orders, prepayments, invoices, and cash payments

4. Manages employees:

      • Records the amount of hours worked by the employees
      • Integrates the table of employees for each department

5. Prints labels and posters:

      • Print labels for store products or for external batches
      • Create labels by sub-department

Benefits for your Customers:

Improves your customer relationships:

      • By offering gift cards and certificates
      • By allowing returns and exchanges at any location
      • By using printable coupons

Benefits for your Employees:

      • Tracks your staff performance
      •Stores and retrieves contact information
      • Access control

Tuesday, June 5, 2012

How to defeat market using POS system

In order to attack your market efficiently with POS system you will need the best POS software and POS product available.POS systems are used in various business industries. Main industries are: Restaurant industry, Hotel industry, Hair and Beauty industry, Retail industry and Hardware industry.

Restaurant Industry:

The POS software of this industry run on the restaurant computers and tills. This can be of stationed touch screen devices or wireless handheld devices. Main purpose of this to use in restaurant is to assist business, track transactions in real time, print orders, follow up orders, print customer bills, process payments and run different business reports.

Hotel Industry:

Point of Sale systems are usually integrated with Hotel Management System in hotel industry. These are used to follow and transfer customer orders from restaurant to the customer room.

Hair and Beauty Industry:

In this type of industry POS are used for control and increase in business efficiency. Through it can create performance reports like appointments, client database, employee working roster and checkouts.

Retail Industry:

These industries are one of the largest users Point of Sale systems. POS system in Retail industry includes computer, monitor cash drawer, credit/debit card readers, receipt printer, customer display and barcode-scanner. Point of Sale systems are used in retail from every day stores to fashion outlets .

Hardware Industry:

This includes Hardware Stores, Timber Yards and Building Supply Stores. It uses specialized POS software, which handles Special Orders, Purchase Orders, Repair Orders, Service Orders and Rental Orders. This industry prefers wireless hand held POS devices.

As a customer you must choose user friendly POS software in order to increase efficiency of your business and improve speed of your service. The POS system mainly provides:

    control of your business
    Delivery of a customer service
    Increase in your business revenue
    Reduce training time

If you achieve all the points then you are on the right path of success.

Friday, June 1, 2012

Ways to install Point of sale in Network mode

In the Server:
  • SQL Standard Version has to be installed and started. 
  • Install the Pre Requisites (see Q3 for details)
  • Check up in the SQL Enterprise manager, whether the old Counter or IPO databases are present, if so delete them.
  • Check up in the Add Remove programs, whether old point of sale Server version exists, if so remove it.
  • Check up in the rot of the hard disk, whether any LDF or MDF file of Counter or IPO is present, if so delete them. This check has to done only after checking the SQL Enterprise manager for old Counter and IPO DB and deleting them if exists.
  • Check up in Program files folder of the drives whether old point of sale server folder exists, if so delete it.
  • Install the Server Component –note down the path where it is installed.
  • After installation – share the path. Under Permissions - add the required user with full powers. 
In the Client:
  • Confirm that the SQL in the server is running
  • Confirm that the Network link is proper
  • Confirm that you have logged in as user with full rights (or as a power user).
  • Install the SQL Client component
  • Install the Pre Requisites
  • Check up in the Add Remove programs, whether old point of sale client version exists, if so remove it.
  • Find or search for poin*.cab file in Windows or System or System32 folder. If found, delete it.
  • Check up in the Program Files folder of the drive, whether the old installation folder - ie., Meghdoot Millennium Point Of Sale exists, if so , delete the folder.
  • Install the Client Component and then configure.