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Point of Sale (POS) Systems
A point of sale (POS) system helps retailers automate transactions. POS solutions are used in retail stores where sales associates must enter sales, refunds, layaways, transfers, etc. TEC's ...
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Documents related to » pos management information system for retail


Retail Market Dynamics for Software Vendors Part One: Software Requirements for Retail
Although the retail and wholesale customers have typically invested a low proportion of their total revenues in information technology, retail industry leaders

pos management information system for retail  time . In addition to POS technology upgrades and replacements, increasing the use of mobile technology and improving the use of store-centric forecasting, planning, and replenishment (CFPR) systems are often cited as next acquisition steps by prospective retailer users. For more information on some innovative store execution ideas, such as to equip store associates with wireless technology that offers a more assisted and informed customer interaction through, e.g., on-the-spot comparisons as well as Read More...
The Case for Pricing Management
Savvy and dynamically optimized pricing can mean the difference between survival and failure. In many environments it might be smarter, quicker, and more useful

pos management information system for retail  (see Profit Optimization—Can We Possibly Argue with the Objective? ). But the how of the optimization is not easy. Although a simple analysis of the profit increase equation may prescribe raising prices, cutting expenses, or simply selling more—and all of these seemingly simple solutions are right in principle—the real problem is far more complex. For example, if one raises prices, will the customers continue to buy, or will they rebel? On the other hand, if one cuts expenses drastically, will Read More...
NetSuite Acquires Retail Anywhere’s Cloud POS
Just before the NRF BIG Retail Show 2013, NetSuite announced that it had acquired Retail Anywhere, a provider of multichannel retail management solutions. The

pos management information system for retail  Acquires Retail Anywhere’s Cloud POS Just before the NRF BIG Retail Show 2013 , NetSuite announced that it had  acquired Retail Anywhere , a provider of multichannel retail management solutions. The acquisition builds on  NetSuite’s SuiteCommerce platform , delivering a broad integrated cloud business suite for retailers, giving them what they need to open up new sales channels and expand their businesses globally. The addition fulfills a strong demand among retailers for a single commerce Read More...
Retail Market Dynamics for Software Vendors Part Two: Progress
ERP vendors are making their way into the retail market by bundling, acquiring point solutions or partnering strategically to embed retail-specific functions

pos management information system for retail  radio frequency (RF) devices, POS workstations or via the Internet. In-store systems nowadays may also include a workforce management solution to optimize the scheduling of in-store labor, which typically represents the next largest operational cost for a retailer after inventory. Thus, these solutions should enable customers to continuously monitor and reduce inventory levels, achieve higher gross margins, improve their inventory turnover rates, and more effectively manage their order and distribution Read More...
KronosWorks 2011: Beyond Time Clocks for Modern Workforce Management
Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC

pos management information system for retail  user events (see blog post on Kronos’ 2010 user conference ), attending Kronos Inc. ’s 2011 user conference was worthwhile nonetheless. Kronos knows full well that its customers’ (labor) time is money, and the company specializes in workforce management (WFM) software, which ensures that a company’s employees complete their assigned jobs and receive pay and benefits accordingly. The company introduced the first microprocessor-controlled time clock in 1979. Today, it employs 3,200 people Read More...
The Service Equation: 4 Keys for IT to Create Value for the Business
IT organizations struggle with the challenges of shrinking budgets, ever-changing technology, compliance pressures, and more. For greater efficiency, many IT

pos management information system for retail  Service Equation: 4 Keys for IT to Create Value for the Business IT organizations struggle with the challenges of shrinking budgets, ever-changing technology, compliance pressures, and more. For greater efficiency, many IT organizations are turning to information technology service management (ITSM) to help improve processes. But there’s still too much focus on technology and not enough on business outcomes. Learn key strategies for changing your approach to delivering IT services. Read More...
Dynacom ERP (v. 11.3) for ERP for SMB Certification Report
Dynacom Enterprise is now TEC Certified for online evaluation of enterprise resource planning (ERP) for small to medium business (SMB) solutions in the ERP

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IBS Enterprise7 for Enterprise Resource Planning for Distribution Certification Report
The IBS product Enterprise7 is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for distribution in the ERP Evaluation

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IFS Field Service Management: Field Service Management (FSM) Competitor Analysis Report


pos management information system for retail  Field Service Management: Field Service Management (FSM) Competitor Analysis Report Read More...
A Business Intelligence Agenda for Midsize Organizations: Six Strategies for Success
Midsize companies see business intelligence (BI) as too unwieldy and expensive for them, and use spreadsheets for planning, budgeting, and forecasting. However,

pos management information system for retail  business intelligence, BI for midsize companies, performance management, business performance management Read More...
Sunrise Technologies'' Apparel & Footwear Template for Microsoft Dynamics AX: ERP for Fashion Certification Report 2011
Sunrise Technologies'' Apparel & Footwear Template for Microsoft Dynamics AX is now TEC Certified for online evaluation of enterprise resource planning (ERP) for

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Lawson''s Approach to the Retail Market
Lawson Retail Operations Suite solutions are built for high-volume retail enterprises and encompass a range of activities, including the management of item

pos management information system for retail  are a number of possible package combinations alternatives in most of these. Also, the ERP vendors had long ignored the retail sector to only recently move more aggressively into the wide-open market, striving to thereby provide greater industry-specific functionality if they are to displace today''s still popular approach of opting for integrating best-of-breed software. This brings us to the fact that the ERP vendors are making their way into the retail market by bundling, acquiring point solutions (as Read More...
The Five Sure-fire Strategies for Gaining Management Approval for WMS Projects
Despite the consensus that warehouse management systems (WMS) offer many benefits, getting approval for a new system is challenging. You need to get key

pos management information system for retail  bottom-line performance and competitive positioning. Map all of the information you''ve learned back to strategic initiatives for the strongest impact. At this point you will be well-armed to make a strong case. Conclusion The process of evaluating and gaining approval for a WMS project is a critical undertaking for your organization. Fully understanding the steps  you should take in winning the support of key people at various levels of your company will help speed the process. Although there is a lot Read More...
ERP Analytics vs. BI for Manufacturing: Which Is Right for Your Organization?
Organizations are constantly looking for ways to maintain their competitive advantage and increase sales while lowering costs. Analytics helps organizations

pos management information system for retail  can be scrapped or repurposed. Receive timely notification of events, such as late supplier delivery, changes in customer demand, or production stoppages. Optimization of the supply chain Evaluate supplier performance in terms of quality, delivery, and price. Monitor and analyze freight costs. Conclusion Manufacturers need to identify which approach works best for them. Do built-in ERP analytics meet business requirements and help manage organizational performance, or should manufacturers take advantage Read More...
ECi Software Solutions M1 for Enterprise Resource Planning for Discrete Manufacturing Certification Report
ECi Software Solutions M1 is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for discrete manufacturing in the ERP

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