Point of sale (also called as POS or Checkout) is the place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make payment. The merchant will also normally issue a receipt for the transaction. The POS in various retail industries uses customized hardware and software as per their requirements
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than their purchase costs. Merchandising activities may include display techniques‚ free samples‚ on-the-spot demonstration‚ pricing‚ shelf talkers‚ special offers‚ and other point-of-sale methods. Most of the small scale businesses use manual inventory system where they write orders‚ deliveries‚ expenses‚ and sales per day‚ bad order‚ and details about the product and so many more‚ where in there is a lot of paper works‚ slow data processing‚ unsecured‚ and is not user-friendly. Above all this
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SOPHIE MARTIN PARIS SALES AND INVENTORY SYSTEM BY: RICHARD JOHN TAN RENE FRANCIS JOHN JESENA MIGUEL ANTONIO DE LEON CHAPTER 1 The Problem and Its Background Introduction: Sophie Martins which is located at #202 Sophie Office Pantalan Street Caniogan Morong Rizal. Sophie Paris’ journey to success is fuelled by hard work‚ exceptional skills‚ supreme talent‚ strong motivation and pure guts. Encouraged by the strong acceptance in the Indonesian market and nearly saturating the population
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This data dictionary is all about the do of all my system like command buttons‚ text boxes and others.. example of content: Data Dictionary (Sales Form) NAME DESCRIPTION OBJECT USED Sales Grid Display the record product in table form. Data Grid Txt item num Display the item number of products. Textbox Txt descri Display the description of product. Textbox Txt price Display the price of product Textbox Txt av_item Display the present quantity of product. textbox Txt qnty Input the desired
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individual methods. The demonstration is either a group or an individual method‚ depending on whether the audience is a group or an individual. The Lesson This ancient instructional method‚ in use before the invention of printing is used extensively in sales training. Trainees mainly watch and listen‚ although some versions of lecturing permit questions. The Lesson features passive‚ rather than active‚ trainee participation. Its main weakness is that teaching is emphasized more than lea ringing. But a
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Sales Force Selection The sales force is solely responsible for building the bottom line of an organization. It is the only department that brings in revenues & hence must be given due importance in the organizational structure. Selection of the sales force must be a careful process that ensures that top quality salesmen‚ who will exhibit motivation‚ a strong orientation towards results & loyalty to the company. Selection is the process of discovering the qualifications & characteristics
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of the day’s sale and keeping track of inventory are done automatically. Statement of Objectives The objective of this system is to lessen the effort handled by each personnel of the company and improve the sales transaction. General Objectives An Inventory system provides businesses with the ability to computerize systematize and collect retail information. Where cash registers‚ including complex register systems‚ have limited information collection capacity‚ inventory and sales systems can gather
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I had been putting off changing from my trusty old cash register to a computerized point of sale system‚ as I was intimidated and daunted by the task. I kept telling myself‚ changing to a new system would not really benefit my business that much‚ and in any event‚ I don’t have the time. A friend of mine‚ who had gone through the process a year earlier‚ was kind enough to sit down with me and share how he had handled the changeover process‚ and some of the tremendous benefits this had provided
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Effective Role Playing in Sales Training Posted on September 25‚ 2012 by John Asher Top salespeople approach their careers in a similar fashion as professional athletes. They practice‚ drill and rehearse all of their skills so that they can execute them without even thinking about it‚ and do not ignore any area of the sales process. It is useless for a salesperson to make a great presentation if she does not know how to close. And closing and getting the money will not lead to referrals unless
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Sales inventory systems are often standardised i.e. A business will adopt a general model for their own use. This means that they are able to track sales of a product and match it against their existing inventory to regulate how much stock they keep to hand and how much it costs them to do so. Obviously this is necessary for any business in order to run efficiently. However‚ adopting a general model means that it may not be optimised for the particular stock/business in question. For example
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