Title: POS Inventory management system
1POS Inventory management system
A POS inventory management system is that the
location where customers of a little business
exchange money for the products or services sold
by the tiny business. A POS transaction occurs
when a customer buys or returns a product or
service and occurs either at a brick-and-mortar
store, on a mobile app, or in online
checkout. A POS system could also be an easy
register, one computer, or an integrated network
with point-of-sale software. it's going to even
be a mobile device sort of a laptop, tablet,
phone, or specialized terminal which will be
used remotely for online sales transactions. POS
terminals could also be either stationary units
tied to a computer inside a brick-and-mortar
business, a mobile unit like an iPad, or a unit
for online transactions. POS systems could also
be utilized in a spread of the way. These systems
are a useful gizmo within the toolbox of
companies that engage in inventory
management. The Working of a POS POS isn't an
easy register or cash box world anymore unless
yours is that the smallest of companies or a
home- based service operation. Most businesses,
even those providing services, need a more
sophisticated cash management system so as to
trace sales, manage inventory, administer
customer loyalty and gift card programs, and
generate reports, to call a couple of. If your
business sells one or more sorts of products, or
if it's a service-oriented business that uses
pos inventory system in its production process,
you'll quickly see that your business needs help
tracking its inventory. If you sell online or
sell far away from your brick-and-mortar store,
then investing during a good POS system are often
worth its weight in gold to you.
2- Powerful inventory catalogue
- Stock by variant
- Create multiple variants of your products
supported size, color, material and more. Assign
unique SKUs to every variant and track their
stock levels. - Unlimited products
- With Hike, there are not any limits on the number
of products or services you'll add. Your system
is optimized to handle large amounts of
inventory. - Barcodes
- Use barcodes for products including separate
barcodes for product variants. Barcodes also are
included on receipts in order that you'll find
orders easily. - Product Bundles
3- Powerful replenishment and restocking functions
allow you to quickly transfer products from your
warehouse to different locations supported your
business needs and customer demand. - Unified Purchasing
- Meet customer demand and avoid being over-stocked
with unified purchasing. Intelligently predict
where stock needs replenishing and make new
purchase orders automatically to manage a
comprehensive omnichannel experience. - Advanced Pricing and Promotion
- For retailers operating across multiple stores
and a number of other channels, Counterpoint can
manage multiple pricing strategies like
promotional prices, contract prices, BOGO Price
and multiple price levels by store. - Barcode Labels, Tags, and jewelry Labels
- Speed up sales process during checkout and scan
product prices accurately. Assign each item a
vast number of barcodes, including in-house
barcodes, manufacturer or vendor barcodes,
customer-specific barcodes, or the other sort of
barcode you would possibly need. A variety of
pre-defined label formatsincluding one-up, two-
up (split), butterfly, and hangtag labelsare
compatible with popular label printers from
Cognitive Solutions, Eltron, and Datamax.
Counterpoint also supports standard Avery labels
to be used with any inkjet or electrostatic
printer. - Product Bundles, Kits, and Bill of Materials