Point of Sales System

Introduction

Development in technology brings many things that people don’t have many years. The
advancement of technology in society make life easy, the computerization of almost all the
system in the society has made all transaction fast and easy. One of this is the inventory
management system which can help the company to keep all the tracks of the flow of goods in
the business.

For an owner of restaurant or a shop, keeping track of product inventory might be the
most important task they should know how to do, inventory management system is the way to
upgrade the manual transaction in a business. The inventory can be made through the use of
computer anywhere it will help their business to work fast and easy by using the modern
technology.

Inventory management system are designed to tell where each product is going on, how
much is being sold, when needed to order more and which products produce the greatest profit.
All business rely on inventory system play this vital role by accounting for all goods or products.
The main purpose of inventory system is simple to enable a business take stock and
appropriately manage their goods and products. Inventory system is a process done by a business
that sells products in order to help analyze how the business is performing.

Highlighted Features

It has a Point of Sales and Inventory Management in one system which can make a
business more productive, a reports feature that can track the current inventory, products flow,
and activity log
Benefit of the Product

 Accuracy: Scanning is more accurate than punching in numbers from a sticker, or

expecting the cashier to remember what each item costs.

 Analysis: This system lets you manage inventory, flag items for reorder, and analyze
sales patterns.

 Reduce Mistakes: Price can be changed for a product and it will automatically be
updated in the entire system, so prices always look the same throughout the entire
process. Therefore, the company ensures that prices always matches the given customer
price and avoid dissatisfied clients.

 Adapt the Product Offers: From advanced reports you can clearly identify which
product categories are the most and the least profitable. Knowledge which departments
and items are not performing well can give you the opportunity to develop a sales
strategy. Therefore, you can adapt your items in the store or your menu and much more
depending of your industry.

 Save Time: Another benefit of POS system lies in keeping track on the delivery and all
goods going out of your store. The system continually tells you how much a specific
product has sold and exactly informs you on what you have in stock. This allows the POS
system itself to submit orders to the suppliers when the inventory is nearly empty.
Therefore, there is no need to have an employee spending time on doing it.

A point-of-sale system is, at heart, a cash register — but because it’s based on a PC, it opens
up a new world of data about your business.
 A point-of-sale (POS) terminal can be networked to other terminals, and to a server in the
back room or at another location. It can be expanded with handheld devices wirelessly linked to
the main system. You can use it to can track a number of operations in useful ways and
customize it as your needs change over time.

The main advantage of a computerized POS system over a cash box or a cash register is the
sophisticated and detailed sales reports it provides. The software lets you analyze sales in
different ways, such as by SKU (item sold), time periods, promotions, by store if you have more
than one, or even by sales clerk. It will help your inventory manager buy in the right number of
cartons of tissue paper with improved timing, and help your chef calculate how much cheese to
order for the coming week, taking into account an upcoming holiday. It can also help reduce
employee shrinkage.

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