In this particular case study, the chief information officer of Alliance would like to utilize the POS system to its fullest capabilities. There is a need to better track the number of sales for a various products. Alliance is attempting to utilize the same data across the board and this is not working successfully. There is a definite need for the organization to look into some customization options. The organization needs to perform and intensive analysis and audit of the POS system and how it is currently being utilized in the practice of business.
According to Simon, the POS data measures the last part of the supply chain - how much product the ultimate end-users purchase (Simon, 2008). This is the backend of the supply chain, so there …show more content…
In businesses and organizations today, a key component is to understand the point of sale. The point of sale is the actual area where the transaction between merchant and consumer takes place through to completion. The point of sale is where the calculation takes place and the method of payment is exchanged with an invoice or receipt being presented at the end. The POS system is the actual equipment that is utilized to process the transactions. This system can utilize such items as scales, bar codes, or registers. These systems have evolved over the years into software that even encompasses some touch screens. In many instances, POS software may include other features that include inventory management, financial tracking and warehousing. The use of these systems is quite a savings for organizations in pricing and tracking. The good thing about POS systems is that they can be customized to the needs of the …show more content…
The system is allowing the organization to track not only the sales but also tracking the inventory that is sold. This allows the various stores to have an understanding of what they have sold for the day and items that they will need to reorder or restock per location. The Universal Product Code will allow them to make the analysis not only by product but also by brand and supplier. The point of sale system will paint a clear picture over a period of how slow or fast products are moving off the shelves. Point of sale provides the capability to ascertain items and brands rotation records in those locations and if the need to stock more items (Vonderembse & White,
According to Simon, the POS data measures the last part of the supply chain - how much product the ultimate end-users purchase (Simon, 2008). This is the backend of the supply chain, so there …show more content…
In businesses and organizations today, a key component is to understand the point of sale. The point of sale is the actual area where the transaction between merchant and consumer takes place through to completion. The point of sale is where the calculation takes place and the method of payment is exchanged with an invoice or receipt being presented at the end. The POS system is the actual equipment that is utilized to process the transactions. This system can utilize such items as scales, bar codes, or registers. These systems have evolved over the years into software that even encompasses some touch screens. In many instances, POS software may include other features that include inventory management, financial tracking and warehousing. The use of these systems is quite a savings for organizations in pricing and tracking. The good thing about POS systems is that they can be customized to the needs of the …show more content…
The system is allowing the organization to track not only the sales but also tracking the inventory that is sold. This allows the various stores to have an understanding of what they have sold for the day and items that they will need to reorder or restock per location. The Universal Product Code will allow them to make the analysis not only by product but also by brand and supplier. The point of sale system will paint a clear picture over a period of how slow or fast products are moving off the shelves. Point of sale provides the capability to ascertain items and brands rotation records in those locations and if the need to stock more items (Vonderembse & White,