Benefits
of POS Computerization
While small businesses find their niche by providing
personality and uniqueness of shopping experience that
mega-stores cannot provide, they cannot afford to be left
behind in technology. Customers may like human contact and
assistance while shopping but they also want to be rung up
in a timely, efficient manner. Quick check-out is just the
tip of the iceberg in computer automation. The real
advantage to automation is in the money it can make and
save the small business owner. And the ways automation can
save you money are endless!
With
inventory tracking the business owner can promptly catch
shrinkage and theft and take action to remedy it.
Inventory tracking can also help streamline the stocking
and reordering process, by eliminating slow-moving items
and increasing the turn-over rate of stock. For example if
a boutique owner has cardigans in blue and gray and only
gray is selling he/she will be able to find this out
before costly overstocking mistakes. Tight control on
inventory can also reduce lost or mishandled inventory,
and time the delivery of new stock. A POS system can also
increase sales by maintaining a customer database
detailing who the customers are and what they buy to
personalize service and provide a mailing list for direct
mailing. Sales can also be increased by built in sales
prompts which remind sales associates to ask for the
purchase of add-on items (would you like fries with
that…). Prompt accurate statements track profit and help
to make a sales plan. Specialized modules can also track
rental items, payroll and time cards, track employee
productivity and even do accounting. With so much
competition for the consumer's dollar independent
retailers need to be mean, lean merchandising machines.
The small business can't afford NOT to be automated,
especially when the utilization of a POS system can
increase yearly profits up to ten percent!
See [Better
Bottom Line]
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