POINT OF SALE SYSTEM
DEFINITION
WHAT IS POINT OF SALE SYSTEM
Point of Sale System is the spot where your customer makes a payment for goods or services which offered by your company. Point of sale is the final stage in the buying process where the retail transaction is eventually completed. In addition, point of sale systems are systems that enable the business transaction between the client and company to be completed. Also, POS system is a computerized network that consists of the main computer linked with several checkout terminals. To add on, it also supported by different hardware features starting from barcode scanners and ending with card payment terminals.
Meanwhile, as businesses have different profiles they need a various point of sale systems as well. For instance, restaurants, retail businesses, and grocery stores all have their specialties. Thus, they need a POS system that meets their specific needs. Compared to a food store requires a scale at the point of sale and a cafe needs to have an opportunity to customize menus in case of special offers.
But in general, there are two primary types of businesses that need the point of sales system. These are retail companies and hospitality businesses such as restaurants and hotels. In short, there are mainly two suitable POS systems one for retail and the other for restaurant businesses.
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BENEFITS
WHY POINT OF SALE SYSTEM
GREATER EFFECIENCY
Traditional method relies on the personnel’s ability to remember the price and details product in the store. In the meantime, as your store grows or hire new employee, the efficiency of transaction is vastly reduced.
With POS software, all details of a product are already available to the personnel. In short, they need to scan the product’s barcode and every detail is displayed to them. Thus, this will make the checkout process faster and the queues shorter.
INVENTORY MANAGEMENT
Retailers find that moving to a POS software greatly improves their efficiency in inventory management. For instance, input your existing stock levels for each product when you set up your POS for the first time. Therefore, for every order processed the software adjusts inventory levels by itself.
Besides, you can even process returns and replacements with ease. Moreover, POS system adjust inventory levels according to the returned products.
SALES REPORTS
Most POS software applications today offer sales reports and trend analysis. Generally, both of these help you determine how your business is faring. So, you can also use these reports to forecast demand for the future. In addition, it also keep track of your sales during different time periods.
EMPLOYEE IDENTIFICATIONS
Using POS software, you can track employees and their checkout speeds by using the code assigned to them. For instance, before an employee can process an order, they need to enter their employee code. So, not just their speed, you can also review feedback from customers. Besides, can identify which employees are performing well and which ones need more training. Thus this helps you improve your in-store experience.
CONSISTENCY OF THE CATALOG
For retailers selling across multiple locations, maintaining consistency of their product catalog can be a challenge. However, POS software maintains a digital catalog of data that is accessible across locations. In other words, you don’t have to worry about setting the same product prices across stores, even during sale periods. Instead, the POS will do it for you.
POINT OF SALE
TECHNOLOGY
We offer Point of Sale (POS) system which is fully based on Cloud Technology. All the POS data will be saved over the network in real time. The POS system can be integrated with all the smart devices including Tablets, Smartphones and Laptops. In addition, it is integrated in real time with help of Cloud Technology. To add on, our POS System can be also classified as an Internet of Things (IoT) Projects.
POINT OF SALE SYSTEM WITH ODOO
Odoo’s online Point of Sale application is based on a simple, user friendly interface that everyone can use without difficulty. Moreover, the POS can be used online or offline and iPads, Android tablets or laptops.
Besides, set up new stores quickly and easily with just an Internet connection. Then use your POS everywhere, anytime. While an Internet connection is required to start the Point of Sale, it will stay operational even after complete disconnection.
In short, it’s extremely flexible, you can configure Odoo POS to meet your precise needs. However, no installation and no specific hardware is required to use Odoo POS.
POINT OF SALE SYSTEM USING RASPBERRY PI
The Raspberry Pi is a low cost, credit-card sized computer that uses a standard keyboard and mouse. An SD card inserted into the slot on the board acts as the hard drive for the Raspberry Pi. It is powered by USB and the video output can be hooked up to a traditional RCA TV set, a more modern monitor, or even a TV using the HDMI port.
Raspberry PI could be the Touch screen POS.
We call it Raspberry POS and it could connect to Receipt Printer, Kitchen Printer, Barcode Scanner, Magnetic Stripe Reader(MSR) or any device for a complete POS system. It act as Central Process Unit(CPU) by connecting and controlling all the devices which is cost-effective and provides amaizing user experience.
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