2. The Retail Supply Chain and POS
Design Buy Make Store Move Sell
PLM
Supply Chain Performance
ERP
POS
3. What is a POS ?
A point of sale system is a combination of software and hardware that allows merchants to take
transactions and simplify key day-to-day business operations.
YAMARIE GRULLON, MANAGER OF CONTENT STRATEGY AT SHOPKEEP
6. Why POS ?
Speed
Billing
Inventory
Payroll
Knowledge
Real Time Sales
and Inventory
Tracking
Whats hot and
whats not
CRM
Updated
Customer
Database
Customer
Habits
Loyalty
Management
7. POS Deployment Methods
On-premise: A traditional software model. Purchase one or
more licenses upfront for the software and install it on your
computer system or servers. Youre in charge of updating and
maintaining the software, which may require dedicated IT
personnel for larger organizations.
Cloud-based: Also known as Software-as-a-Service (SaaS) POS
solutions. You access and support the system via the internet.
Dont worryif your internet goes down, most systems track
sales and sync them once youre back online.
8. Hardware Component
Register screen: Standard monitor that displays the product database. Enables other functions, such as employee
clock-in and viewing sales reports. Tabletsespecially iPadsare popular for replacing bulkier monitors.
Barcode scanner: Automates the checkout process. Scanning barcodes pulls product info and adds it to the checkout total.
Barcodes, when scanned, may also integrate with inventory management systems to automatically adjust stock levels.
Credit card reader: Secure and EMV-compliant credit card readers are extremely important for retailers since the EMV
payment standard went live in October 2015, and non-compliant retailers face potentially huge losses on account of
fraud liability.
Receipt printer: Email and text receipts are gaining popularity, but paper receipts are still important for providing
customers with a quick snapshot of their purchase. You can print employee sales totals, hours and other information.
Cash drawer: It may fade away in the years to come, but cash is still king. And as long as it is, you need a
secure place to store cash for transactions. Additionally, there are no credit card fees tied to accepting cash.
11. POS for an Apparel / Lifestyle Segment
Intricacies
Definition of SKU is complicated Matrix Solution
Handling of different sizes
Return rates are significant
12. Getting Your POS to Run
Installation
Master
Updating
SKU Upload PO Creation
In warding
Merchandise
Defining
Employees
Configuring
Printer and
Barcodes
Integrating
EDC / Payment
methods
Doing Dummy
Run
Integrating
Online *
13. Decoding the POS jargon
Masters
Tax Settings
Vendor/Supplier
Gift Voucher
Item Details
Category Details
UOM
Item Name
Attributes
Cost and Price
Transaction
Goods Recd. Note
Purchase Order
Purchase Return
Delivery Challan
Sales
Sales Return
Terminal wise cash
Balance
Physical Stock Taken
Transfer In
Transfer out
14. Let us look under the hood !!
Understanding POS practically